SATISFACTION OF MILESTONE CONSIDERATION Sample Clauses

SATISFACTION OF MILESTONE CONSIDERATION. 2.4.1 The Milestone Consideration shall be satisfied on the Closing Date by:
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SATISFACTION OF MILESTONE CONSIDERATION. 2.4.1 The Milestone Consideration shall be satisfied at the Time of Closing by the issue of such number of Purchaser Shares as is set out opposite the Vendor's name in the Final Proceeds Schedule, credited as paid in full, and delivered by the Purchaser to the Vendor in certificated form. The Purchaser Shares shall be redeemed by the Purchaser (and delivered by the Vendor to the Purchaser for redemption) on each Redemption Date for the applicable Redemption Amount in accordance with the share provisions attached to the Purchaser Shares and the provisions of this Agreement or, if Vernalis exercises its call right in accordance with section 2.4.4, purchased by Vernalis (and delivered by the Vendor to Vernalis for purchase) on such Redemption Date for the applicable Redemption Amount in accordance with the share provisions attached to the Purchaser Shares and the provisions of this Agreement. Each of the Vendor, the Purchaser and Vernalis agrees to be bound by the share provisions attached to the Purchaser Shares, subject to the terms of this Agreement.
SATISFACTION OF MILESTONE CONSIDERATION. 19 2.5 Appointment of Vendors' Representative............................. 23 2.6 Development of the Pain Project and the Xxxxxxxxx'x Project........ 24 2.7 Location and Time of the Closing................................... 24 2.8 Delivery of Share Certificates..................................... 24 2.9

Related to SATISFACTION OF MILESTONE CONSIDERATION

  • Payment of Consideration The Consideration shall be paid to the Contributor in the following manner:

  • Conditions Precedent at Closing Date The obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arrangers and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such reasonable fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Initial Consideration On the Effective Date, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.

  • Conditions Precedent to the Obligation of the Company to Sell the Shares The obligation hereunder of the Company to issue and sell the Shares is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion.

  • Transaction Consideration The Transaction Consideration;

  • No Claim Regarding Stock Ownership or Consideration There must not have been made or threatened by any Person any claim asserting that such Person (a) is the holder of, or has the right to acquire or to obtain beneficial ownership of the Shares or any other stock, voting, equity, or ownership interest in, the Company, or (b) is entitled to all or any portion of the Acquiror Company Shares.

  • Conditions Precedent to the Obligations of the Company to sell Shares The obligation of the Company to sell Shares at the Closing is subject to the satisfaction or waiver by the Company, at or before the Closing, of each of the following conditions:

  • CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO ISSUE AND SELL COMMON STOCK The obligation hereunder of the Company to issue and sell the Put Shares to Investor is subject to the satisfaction of each of the conditions set forth below.

  • Acquisition Consideration (a) The consideration (the "ACQUISITION CONSIDERATION") to be received by each Grantor in respect of the contribution of the Grantor's Interests to the Operating Partnership shall be an amount equal to $100.00 (one hundred dollars). The Acquisition Consideration shall be paid in the form of a combination of (i) cash and/or (ii) units of limited partnership interest in the Operating Partnership ("OP UNITS"), in the percentages and allocations set forth on Schedule B attached hereto. To the extent a percentage of the Acquisition Consideration includes one or more OP Units, as set forth on Schedule B, the number of OP Units the Grantor shall be entitled to receive upon the exercise of the Option with respect to such percentage shall equal the quotient of

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