Subsequent Payment. As further consideration for the Option, the Optionee hereby agrees to pay to the Optionor, on January 1, 2023, the sum of Forty Thousand Dollars ($40,000) (the “Second Option Payment”), by cash or wire transfer to an account designated in writing by the Optionor. In the event the Second Option Payment is not made by January 1, 2023, then the Optionee shall have thirty (30) days from receipt of written notice from the Optionor that the Second Option Payment is due and owing. The Second Option Payment shall be nonrefundable to the Optionee except in the event the Optionor fails to consummate the Closing for any reason (other than due to a default by the Optionee or failure to obtain any Regulatory Approvals).
Subsequent Payment. Baxter shall pay to Cerus the amount of [ * ] Dollars ($[ * ] ) at the time of the next [ * ] , which shall occur not later than [ * ] . In connection with such payment, BHC represents to Cerus that no payments have been made by BHC to BCC respecting Revenue Sharing Payments (as defined in the Platelet Agreement) due to Cerus with respect to Platelet System sales in the fourth quarter of 2004 (or the first quarter of 2005), any rights to Revenue Sharing payments now reverting to Cerus. EXECUTION 2 RESTRUCTURING AND SETTLEMENT AGREEMENT [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Subsequent Payment. (a) For purposes of this Section 3.2, the following terms have the following meanings:
Subsequent Payment. Subsequent payments of the Basic Services Fee shall be made monthly and shall be in proportion to services performed to increase the total payments on account of the Basic Services Fee to the following percentages at the completion of each phase of the Project:
A. Initial Payment 10% B. Consultation, Preliminary Design & Design Development Studies 40%
Subsequent Payment. 8 2.7 Legend . . . . . . . . . . . . . . . . . . . . 8
Subsequent Payment. No later than 10:00 a.m. on January 5, 1998, the Exchange Agent shall issue to each holder of record of Certificates as of the Effective Time (i) a certificate or certificates representing ninety percent (90%) of the Stock Consideration, (ii) cash payable in lieu of fractional shares and (iii) cash payable pursuant to the Promissory Notes.
Subsequent Payment. Subsequent Payment" shall have the meaning assigned to it in Section 3.2.
Subsequent Payment. 1. The employee whose job description has been established and who has left Xxxxxxx before the (re)classification procedure for his job has been completed is entitled to a subsequent payment over the period of establishing the job description until the end of the employment.
2. The subsequent payment consists of the difference between his original salary and the salary he would have received after (re)classification. Salary within the meaning of this article is also understood to include all allowances derived from the gross monthly salary.
3. If in the event of termination of the employment by means of a termination agreement the employer and employee agree that there has been ‘final discharge’, it must be clear to both parties that this implies a waiver of rights to subsequent payments.
Subsequent Payment. WRP will charge and collect a the remaining 50% of the Accommodation fee and of any other costs, fees, or Taxes specified on the Listing or your Booking confirmation within thirty (30) days from commencement of your Accommodation Period as specified on your Booking confirmation.
Subsequent Payment. On the earlier of (i) the one year anniversary of the Effective Date, or (ii) the date on which SCOLR consummates a Qualified Offering, SCOLR shall pay US$250,000 to ADM by wire transfer of immediately available funds to an account to be designated by ADM.
