Fourth Installment. Within 10 days after the designated auditor completes its audit of Newco for the First Audited Year and issues its audit report determining that the Annualized Net Profits of Newco reaches the Guaranteed Net Profit Base, the Acquirer shall make a deposit of ****** of the Acquisition Consideration (RMB ******).
Fourth Installment. An amount sufficient to increase to 75% upon award of the bid by the Owner.
Fourth Installment. Commencing four years after the Option Date, the Option may be fully exercised to the extent that it has not previously been exercised.
Fourth Installment. The Fourth Installment amounting to Ninety Xxx Xxxxxxx Xxx Xxxxxxx Xxxx Xxxxxxxx Xxxx Xxxxxxx Xxxxxx Xxxxxx Dollars (15%, US$ 91,105,500) shall be due and payable within three (3) banking days from the the receipt of the BUILDER'S invoice and a telefax notice from the Builder, countersigned by the classification surveyor, certifying that keel laying for the DRILLSHIP has commenced but not earlier than 4 months after the third installment.
Fourth Installment. The amount of the Board’s fourth quarterly payment shall be calculated based upon the number of students enrolled at the Charter School on April 1 of each year, as verified by attendance records, multiplied by one-quarter (.25) of the per capita tuition amount. The fourth quarterly payment shall be made no later than April 15 of each year. It is understood and agreed that the fourth installment for each school year will be remitted only upon the Board receiving all of the information required in this paragraph.
Fourth Installment. Up to an additional 20% of the total Stock Options at any time following the forth anniversary of the Date of Grant.
Fourth Installment. Up to an additional 25% of the total optioned shares at any time on or after July 1, 2000; If an installment covers a fractional share, such installment will be rounded off to the next highest share, except the final installment, which will be for the balance of the total optioned shares. In the event that (i) the Option Holder terminates her employment without Good Reason, or (ii) the Company terminates her employment for Cause, this option will only be exercisable to the extent that the Option Holder could have exercised it on the date of her termination of employment. If the Option Holder's employment with the Company is (i) terminated by her for Good Reason, (ii) by the Company for any reason other than Cause, or (iii) due to her death or disability which lasts (or is likely, based on reasonable medical evidence, to last) for more than six consecutive months and renders her unable to perform her duties, then this option will be exercisable to the extent that it would have been exercisable one day after the end of the Company's fiscal year in which the Option Holder's employment is terminated. In the event that the Company undergoes a Change in Control, this option shall immediately be exercisable in full and the Option Holder shall be entitled to purchase the balance of the total optioned shares not yet purchased. The terms "Good Reason," "Cause" and "Change in Control" shall have the same meanings as in the Option Holder's Employment Agreement.
Fourth Installment. The Fourth Installment amounting to Thirty Four Millions Four Hundred Eighty Eight Thousand United States Dollars (US$ 34,488,000), plus any increase or minus any decrease due to adjustments of the Contract Price under and pursuant to the provisions of this Contract, shall be due and payable upon delivery of the VESSEL or upon tender for delivery of the VESSEL referred to in Paragraph 4 of Article VII of this Contract.
Fourth Installment. If the Annualized Net Profits of Jiangsu Guanzhilin reach the Guaranteed Net Profit Base according to the audit report for the First Audited Year (from November 1, 2008 to December 31, 2009), then within 10 days after the auditor completes its audit of Jiangsu Guanzhilin for the First Audited Year and delivers its audit report, the Acquirer shall make a deposit in the amount of ****** of the Acquisition Consideration (RMB ******). The audit report shall be delivered no later than March 15, 2010. If the audit report is delayed because of the reasons set forth in Article 16 of this Agreement and Article 3.7 of the Supplemental Agreement to the Equity Transfer Agreement, the Acquirer’s ceasing of payment of the fourth installment shall not be deemed as a delayed payment of the Acquisition Consideration.
Fourth Installment. The sum of ****** percent (******%) of the Contract Price, amounting to ******, plus ****** or minus ****** and/or ******, if any, plus the price of ******, shall be paid to the Seller upon ******.
