Second Deferred Purchase Price Payment Sample Clauses

Second Deferred Purchase Price Payment. If Operating Income (as set forth in the Payment Statement) during the Second Measurement Period exceeds the difference of (A) $3,000,000 minus (B) the First Period Note Amount (the “Second Deferred Purchase Price Payment Threshold”), Buyer shall pay to Sellers, in accordance with this Section 2.6 in proportion to the percentage for each Seller set forth in Section 2.2(c), an aggregate amount (the “Second Deferred Purchase Price Payment” and collectively with the First Deferred Purchase Price Payment, the “Deferred Purchase Price Payments”) equal to one hundred percent (100%) of every dollar of Operating Income (as set forth in the Payment Statement) in excess of the Second Deferred Purchase Price Payment Threshold during the Second Measurement Period, up to a maximum amount equal to the difference of $3,000,000 minus the First Deferred Purchase Price Payment, if any (for the avoidance of doubt, the entire Maximum Deferred Purchase Price Amount may be earned during the Second Measurement Period); provided, however, that if Operating Income (as set forth in the Payment Statement) during the First Measurement Period exceeds the First Deferred Purchase Price Payment Threshold by more than $1,500,000, the amount of such excess shall be credited to the Second Deferred Purchase Price Payment; provided, further, that if (x) the sum of the Operating Income (as set forth in the Payment Statement) during the First Measurement Period plus the Operating Income (as set forth in the Payment Statement) during the Second Measurement Period is equal to or greater than $6,500,000 or (y) Operating Income for either the First Measurement Period or Second Measurement period is equal to or greater than $4,750,000, the Deferred Purchase Price Payments shall equal the Maximum Deferred Purchase Price Amount; and, provided, further, that the aggregate amount of the Deferred Purchase Price Payments shall not exceed the Maximum Deferred Purchase Price Amount.
Sample 1
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Related to Second Deferred Purchase Price Payment

  • Deferred Purchase Price On each Business Day on and after the Final Payout Date, the Servicer, on behalf of the Agent, shall pay to the SPV an amount equal to the Collections of Receivables received by the SPV less the accrued and unpaid Servicing Fee (and the SPV (or the Servicer on its behalf) shall apply such Collections in the manner described in Section 2.14).

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • Purchase Price Payments 23 Section 10.02. THE PURCHASER NOTE.........................................................................23 ARTICLE XI Confidentiality.......................................................................................24 ARTICLE XII Term.................................................................................................25

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Subsequent Purchase Price Payments On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Company shall pay to each Originator the Purchase Price for the Receivables generated by such Originator on such Payment Date:

  • Price Payment (a) ViewRay shall pay PEKO for the services (and Deliverables) that are provided to ViewRay pursuant to this Section 2 and any Work Statement, the fee specified in such Work Statement. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

  • Deferred Payment “Deferred Payment” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

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