Accelerated Earnout Payment definition

Accelerated Earnout Payment means, with respect to any Earnout Project, the amount set forth on Annex C with respect to such Earnout Project.
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Accelerated Earnout Payment as defined in Section 2.6(a).
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Accelerated Earnout Payment has the meaning set forth in Section 2.9(f)
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Examples of Accelerated Earnout Payment in a sentence

  • In the event that Holdco Buyer cures such breach, Holdco Buyer shall have no obligation to make any Accelerated Earnout Payment to the Sellers in respect of such breach; provided that the Earnout Project Completion Outside Date with respect to the Earnout Project to which such breach relates shall be extended for a number of days equal to the duration of such breach.

  • The Accelerated Earnout Payment shall be fixed and determined on the date that the Acceleration Event occurs (the “Acceleration Date”).

  • In the event that Holdco Buyer does not cure such breach, Holdco Buyer shall immediately deliver or cause to be delivered to the Paying Agent on behalf of the Sellers the applicable Accelerated Earnout Payment that relates to the applicable Project.

  • The Second Payment calculated by using the Accelerated 2021 Adjustment Amount shall be referred to herein as the “Accelerated Earnout Payment.” If an Accelerated Earnout Payment is made pursuant to this Section 2.6(a)(v)(B), the Sellers will not be eligible to receive any additional payment under the Agreement including the Third Payment.

  • As provided in Section 2.9(f) of the Agreement, if an Acceleration Event occurs, then in lieu of the Earnout Payment, the Shareholders may demand that an Accelerated Earnout Payment be immediately due and payable by the Purchaser to the Shareholders.

  • This Exhibit D specifies the manner in which the Parties intend to calculate the Accelerated Earnout Payment under the Agreement.

  • In the event that any Buyer Corporate Transaction occurs during the 2020 Earnout Period, then Seller shall be entitled at the closing of the Buyer Corporate Transaction, to the 2020 Accelerated Earnout Payment, only to the extent that the 2020 Accelerated Earnout Payment becomes payable.

  • If an Accelerated Earnout Payment is made pursuant to this Section 2.6(a)(v), the Sellers (including the Third Party Beneficiaries) will not be eligible to receive any additional payment under the Agreement including the Third Payment.

  • The Accelerated Earnout Payment, if any, payable under this Section shall be payable without interest, shall be in lieu of any further Earnout Payments otherwise due from the Wackenhut Subsidiaries hereunder and shall in no event exceed the difference between Thirty-One Million Eight Hundred Sixty Thousand Dollars ($31,860,000) and the aggregate amount of Earnout Payments previously paid or payable hereunder by the Wackenhut Subsidiaries to the Companies.

  • In the event that any Buyer Corporate Transaction occurs during the 2019 Earnout Period, then Seller shall be entitled at the closing of the Buyer Corporate Transaction, to the 2019 Accelerated Earnout Payment and the 2020 Accelerated Earnout Payment, only to the extent that the 2019 Accelerated Earnout Payment and 2020 Accelerated Earnout Payment becomes payable.


More Definitions of Accelerated Earnout Payment

Accelerated Earnout Payment has the meaning set forth in Section 5.a of this Exhibit C.
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Accelerated Earnout Payment as defined in Section 2.6 (a). “Acquired Companies” the Company and all Subsidiaries of the Company, collectively.
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Related to Accelerated Earnout Payment

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Delta Payment means as it is described in this Agreement.

  • Senior Accelerated Distribution Percentage With respect to any Distribution Date occurring on or prior to the 60th Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, any Loan Group, 100%. With respect to any Distribution Date thereafter and any such Loan Group, if applicable, as follows:

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Net earned premium means the premiums earned in this State

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Payment Amount as defined in Section 3.5.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • 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.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.