Common use of Procedures Applicable to Determination of the Earn-out Payments Clause in Contracts

Procedures Applicable to Determination of the Earn-out Payments. (i) On or before the date which is 90 days after the last day of each Calculation Period (each such date, an “Earn-out Calculation Delivery Date”), Buyer shall prepare and deliver to the Shareholders’ Representative a written statement (in each case, an “Earn-out Calculation Statement”) setting forth in reasonable detail its determination of Gross Profits and Pre-Tax Income for the applicable Calculation Period and its calculation of the resulting Earn-out Payment (in each case, an “Earn-out Calculation”).

Procedures Applicable to Determination of the Earn-out Payments. (i) On or before the date which is 90 days after the last day of each Calculation Period (each such date, an “Earn-out Calculation Delivery Date”), Buyer shall prepare and deliver to the Shareholders’ Representative Seller a written statement (in each case, an “Earn-out Calculation Statement”) setting forth in reasonable detail its determination of Gross Profits and Pre-Tax Income Adjusted EBITDA for the applicable Calculation Period and its calculation of the resulting Earn-out Payment and Additional Earn-out Payment (in each case, an “Earn-out Calculation”).

Procedures Applicable to Determination of the Earn-out Payments. (i) 3.5.2.1 On or before the date which is 90 twenty (20) days after the last day of each Calculation Period (each such date, an “Earn-out Earn Out Calculation Delivery Date”), Buyer shall prepare and deliver to the Shareholders’ Representative Seller a written statement (in each case, an “Earn-out Earn Out Calculation Statement”) setting forth in reasonable detail its determination of Gross Profits and Pre-Tax Income Revenue for the applicable Calculation Period and its calculation of the resulting Earn-out Earn Out Payment (in each case, an “Earn-out Earn Out Calculation”).

Procedures Applicable to Determination of the Earn-out Payments. (i) On or before the date which is 90 ten (10) days after the last day of each Calculation Period (each such date, an “Earn-out Calculation Delivery Date”), Buyer shall prepare and deliver to the Shareholders’ Representative Seller a written statement (in each case, an “Earn-out Calculation Statement”) setting forth in reasonable detail its determination of Gross Profits and Pre-Tax Income Net Revenue for the applicable Calculation Period and its calculation of the resulting Earn-out Payment (in each case, an “Earn-out Calculation”).