Restructuring Payment Sample Clauses

Restructuring Payment. Within ten (10) Business Days after the Effective Date, Alnylam shall pay Tekmira a fee of thirty-five million U.S. dollars ($35,000,000), which amount shall constitute payment for the termination of the Prior Cross-License Agreements and the Parties’ rights and obligations thereunder, as well as the restructuring of certain milestone payments and royalty rates for certain Alnylam Products as set forth in Sections 4.6 and 4.9(d). Based on Tekmira’s provision to Alnylam of a completed Form W-8BEN, Alnylam agrees that it will not withhold taxes from the payment under this Section 4.2.
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Restructuring Payment. In connection with any Restructuring Transaction by an Affiliate of Purchaser with respect to any single Financing Contract or group of Financing Contracts (but not all or a substantial part of the Lease Portfolio, which is prohibited by Section 6.19 hereof or the terms of the Promissory Notes), Purchaser shall cause such Affiliate of Purchaser to promptly pay Purchaser a purchase price for such Financing Contract or group of Financing Contracts equal in amount to the sum of (i) the Buyout Value and (ii) the Margin. Such amount shall be payable to Purchaser and shall constitute Monthly Cash, which shall be paid in accordance with the payment priorities set forth in Section 2.3 hereof.
Sample 1
Restructuring Payment. JGB Agent shall have received from the Borrowers a restructuring payment in an amount equal to $200,000, which payment shall be deducted, pro rata, by the Borrowers, from the additional amount to be loaned by the Borrowers under the Credit Agreement.
Sample 1
Restructuring Payment. 9.1 The Restructuring Payment shall be paid by Cascade to Tacoma, in annual installments each year during the Term, as an Annual Restructuring Payment in the amount set forth on the following payment schedule ("Payment Schedule"). Payment Schedule Payment Year Annual Restructuring Payment Amount Payment Year Annual Restructuring Payment Amount 2012 $5,000,000 2027 $6,597,394 2013 $5,000,000 2028 $6,729,342 2014 $5,100,000 2029 $6,863,929 2015 $5,202,000 2030 $1,000,000 2016 $5,306,040 2031 $1,020,000 2017 $5,412,161 2032 $1,040,400 2018 $5,520,404 2033 $1,061,208 2019 $5,630,812 2034 $1,082,432 Payment Year Annual Restructuring Payment Amount Payment Year Annual Restructuring Payment Amount 2020 $5,743,428 2035 $1,104,081 2021 $5,858,297 2036 $1,126,162 2022 $5,975,463 2037 $1,148,686 2023 $6,094,972 2038 $1,171,659 2024 $6,216,872 2039 $1,195,093 2025 $6,341,209 2040 $1,218,994 2026 $6,468,033 2041 $1,243,374 2042 $1,268,242
Sample 1

Related to Restructuring Payment

  • Restructuring Fee The Borrowers shall pay to the Agent, for the account of the Lenders, a non-refundable restructuring fee of $50,000 on the Effective Date.

  • Closing Payment At the Closing, Buyer will pay or cause to be paid to Seller the Closing Payment Amount, by wire transfer of immediately available funds or by such other means as may be agreed upon by Seller and Buyer.

  • Closing Payments At the Closing, Parent shall pay or cause to be paid the following amounts by wire transfers of immediately available funds:

  • Post-Closing Payments (a) On the first anniversary of the Closing Date, Buyer will pay to Seller or, to the extent designated by Seller in writing and in accordance with Section 3.11, to the Members in accordance with their respective Pro Rata Percentages, the remaining 33.33% of the Closing Cash Consideration, as finally determined in accordance with Section 3.4 (the “Deferred Cash Payment”), via wire transfer to the Seller’s Bank Account or the Member Bank Accounts, as applicable.

  • Post-Closing Payment Payment to Shareholder of his portion of the Post-Closing Payment shall be made in the same manner as payments under the Additional Short-Term Note.

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Interim Payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in Xxxxx X; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Transaction Bonus In addition, in the event of a transaction involving a Change in Control, in a transaction approved by the Company’s Board of Directors, which transaction results in the receipt by the Company’s stockholders of consideration with a value representing, in the sole judgment of the Board of Directors, a significant premium over the average of the closing prices per share of the Company’s common stock as quoted on the Nasdaq National Market for 20 trading days ending one day prior to the public announcement of such transaction (a “Change in Control Transaction”), Executive shall be paid a Transaction Bonus at the closing of such a transaction in the amount equal to one (1) times 50% of Executive’s Base Salary in effect immediately preceding the closing of such a transaction. Executive shall also be paid said Transaction Bonus if the Company enters into a transaction approved by the Board of Directors which is not a Change in Control Transaction, but which, nonetheless, involves a significant change in the ownership of the Company or the composition of the Board of Directors of the Company, and which results in significant additional value for the Company’s stockholders, as determined by the Board of Directors in its sole discretion and as specifically designated a significant event by the Board of Directors (a “Significant Event”). In the event Executive receives a Transaction Bonus, no Achievement Bonus will be paid to Executive in the year in which such Transaction Bonus is paid. If the Company enters into a transaction which is a Change in Control Transaction, then all of the Executive’s stock options received before the date of the transaction shall become exercisable in full and all of the shares of the common stock of the Company awarded to Executive under the Company’s 1997 Stock Incentive Plan (or any subsequent plan) shall become fully vested. If the Company enters into a transaction which is not a Change in Control Transaction but which is a Significant Event, then the Board of Directors may, in its sole discretion, determine that all, or a portion, of the Executive’s stock options received before the effective date of the transaction shall become exercisable in full and all, or a portion, of the shares of the common stock of the Company awarded to Executive under the Company’s 1997 Stock Incentive Plan (or any subsequent plan) shall become fully vested.

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