Second Payment. A salary increase of 2% plus $1071.00 effective from the commencement of the first full pay period on or after 1 July 2011.
Second Payment. The remaining balance of the total estimated reservation charges for all services requested is due fifteen (15) days prior to the first scheduled date of arrival.
Second Payment. The remaining balance of the total estimated reservation charges for the Licensed Space and all services requested is due prior to the first scheduled date of arrival. Payment in full of the Estimate of Charges set forth in the Reservation Confirmation is required before the Licensee utilizes any service.
Second Payment. An additional two hundred thousand dollars ($200,000.00) (the “Second Payment”) shall be paid by Aviza to Trikon within thirty (30) days after the satisfaction of the Second Payment Milestone (Delivery of Software) in accordance with Section 2.6; and
Second Payment. The second payment will be distributed in the following priority:
Second Payment. Buyer shall transmit by ACH transfer its Second Payment as described above in 2.1.2(iii) on or before January 14, 2026.
Second Payment. 3.1 The Investor hereby agrees to procure that, subject to the terms and conditions of this Agreement, the remainder of the Contribution after payment of the Initial Payment in the amount of EUR 500,000 (five hundred thousand euro) (such amount hereinafter referred to as “Second Payment”, shall be provided to the Company on 1 April 2008 on the condition that the Investor has unconditionally approved the Budget and Business Plan for 2008.
3.2 The Investor is entitled, at its sole discretion, to cancel Second Payment if (i) the Company is engaged in any legal dispute relating to (a) any licensed or owned right of intellectual and/or industrial property or patents which is/are essential to the Company’s approved Business Plan and Budget or its ability to make profit or (b) any product developed or commercialised by the Company (or its future subsidiaries) which is essential to the Company’s approved Business Plan and Budget or its ability to make profit, or if (ii) any intellectual and/or industrial property rights or patents owned and/or licensed by the Company (or its future subsidiaries) become invalid or patent applications owned and/or licensed by the Company (or its future subsidiaries) are rejected by the European Patent Office and/or the United States Patent and Trademark Office and which is/are crucial to the Company’s approved Business Plan and Budget or its ability to make profit.
3.3 When due, the Second Payment will be transferred within 3 weeks to a bank account in the name of the Company to be provided to the Investor. The Second Payment will be administered in the books of the Company as share premium (‘agio’) on the Preferred Shares the Investor already holds, except where this Agreement provides otherwise.
Second Payment. For the purposes of this Agreement, "Additional Shares" shall mean any and all Parent Common Shares issued as payment of the Merger Consideration that are not Initial Shares. In addition to the Initial Shares to be distributed to the holders of Company Preferred Stock pursuant to subsection 2.1(b)(i)(B) above, on December 31, 1998 (the "Second Payment Date"), the holders of Company Preferred Stock shall be entitled to receive Additional Shares having an aggregate Fair Market Value as of the Second Payment Date equal to the Merger Consideration, as adjusted, less the Initial Placement Amount (the "Second Payment Amount"), up to but not exceeding the Preference Amount. The fractional share of Parent Common Shares which the holder of each outstanding share of each series of Company Preferred Stock shall be entitled to receive on the Second Payment Date (in addition to any fractional share of Parent Common Shares issuable with respect thereto pursuant to subsection 2.1(b)(ii) below) shall be equal to the quotient obtained by dividing (1) the product obtained by multiplying (x) the aggregate number of shares of Parent Common Shares to be issued on the Second Payment Date by (y) the applicable Sharing Percentage set forth in the table in subsection 2.1 (b)(i)(A) above for such series of Company Preferred Stock, by (2) the total number of shares of such series of Company Preferred Stock outstanding immediately prior to the Effective Time as set forth in the table in subsection 2.1(b)(i)(A) above.
Second Payment. Subject to Section 1.3(i), within ten calendar days after the earlier to occur of (i) the first anniversary of the Closing Date or (ii) the later of the date of consummation of a Transaction (the "TRANSACTION CLOSING") or the Closing Date, a second payment equal to $10.0 million ("IP-2").
Second Payment. Qwest shall pay SPC by wire transfer of immediately available funds the sum of five million eleven thousand two hundred sixteen and no/100 dollars (US$5,011,216.00) immediately upon the execution of this Agreement by both Parties (the "Second Payment").
