Resale Payment Sample Clauses

Resale Payment. Subject to clause 2.5:
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Resale Payment. (a) If Purchaser shall consummate a Resale Event (as defined below) pursuant to any binding agreement entered into with (x) any Terex Entity directly or indirectly prior to the first anniversary of the date hereof, or (y) any Apollo Entity directly or indirectly prior to the first anniversary of the date hereof and such Apollo Entity shall thereafter consummate a Resale Event with any Terex Entity pursuant to any binding agreement entered into with such Terex Entity directly or indirectly prior to the first anniversary of the date of the execution of the binding agreement for the initial Resale Event between Purchaser and such Apollo Entity, then Purchaser shall pay to the Sellers, as additional consideration allocated in accordance with Section 2.2, upon the consummation of such Resale Event (or as otherwise provided in Section 7.6(b)), an amount equal to 35% of the Resale Equity Value (as defined below).
Sample 1
Resale Payment. Acquirors shall pay, or cause an acquiring party to pay, to Civitas a resale payment, as defined below, upon demand following the occurrence of a purchase event that occurs within three years following the Closing of this Agreement. As used herein, a "purchase event" means that Acquirors (or their successors by will or devise), BT, or a bank holding company formed to control BT (the "Sellers") shall have sold directly or indirectly 50% or more voting control of BT. The resale payment shall be equal to 10% of the amount, if any, that the acquisition purchase price paid to Sellers is in excess of $17 million plus any capital contributions made to BT by the Acquirors or new shareholders. The payment to Civitas shall be made in the same form as that being paid to the Sellers or may be paid in cash, at the option of the Sellers.
Sample 1

Related to Resale Payment

  • Up-Front Payment At all times during the Effective Period other than those periods for which payment of all Billed Amounts is By Invoice, Customer shall maintain on file with 8x8 or the billing 8x8 Affiliate (as applicable) complete, accurate, and up-to-date information for at least one valid, working credit card or Customer account (sufficient to permit ACH withdrawals). Payment of all Billed Amounts – other than those for which 8x8 has agreed to payment By Invoice – shall be by charge to such credit card(s) or by ACH withdrawal from such account(s), at or near time of billing, and Customer hereby authorizes 8x8 to make such charges or withdrawals. Where payment is by such charge or withdrawal, (a) 8x8 shall post a statement of the Billed Amounts in the relevant account at or near the time of the first attempted charge or withdrawal and shall thereafter make commercially reasonable efforts to notify Customer by email and/or telephone if the charge or withdrawal is not successful and (b) Billed Amounts shall be due within fourteen (14) days of such posting.

  • Pre-Payment The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $[PRE-PAY RENT AMOUNT] for the term starting on [START DATE] and ending on [END DATE]. The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: _ Dollars ($ _) ☐ - Last Month’s Rent of: ___ _ Dollars ($ _) ☐ - Security Deposit of: _ _ Dollars ($ _)

  • Purchase Payment The Purchase Price shall be paid to the Company in cash, check or via wire transfer simultaneously with the Subscriber’s entry into this Agreement.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Price Payment Unless otherwise agreed:

  • Purchase Price Payment The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Purchase and Contribution Transferor agrees to contribute and Transferee agrees to acquire the Property for the Purchase Price.

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