Examples of Additional Consideration Payment Date in a sentence
The additional consideration to be received with respect to each share of Class A Outstanding Stock pursuant to Section 2.4(a), above, on an Additional Consideration Payment Date (the "Class A Additional Consideration") shall be an amount of DPRC Common Shares equal to the quotient obtained by dividing the number of the Additional DPRC Shares by the number of shares of the Outstanding Class A Stock.
For example, if Computec Adjusted EBIT for the first six months of the 1997 calendar year is $2.118, then the Additional Consideration for the August 15, 1997 Additional Consideration Payment Date shall be $1.4 million (i.e., [$2.118 million - $1.918 million] x 7.00 = $1.4 million).
Lancashire Introduction Accountant 3.2(b) Acquisition Introduction Acquisition Shares 6.7(b) Additional Cash Consideration 3.2(d) Additional Consideration 3.2 Additional Consideration Payment Date 3.2 Additional DPRC Shares 3.2(c) Affiliated Party(ies) 4.19 Agreement Introduction Ancillary Agreements 4.2 Board 8.5 Business Recital A C.
As used herein, the "Additional DPRC Shares" shall mean that number of DPRC Common Shares which when multiplied by the DPRC Average Closing Price, equals forty percent (40%) of the Additional Consideration that is payable by DPRC to the Shareholders for such Additional Consideration Payment Date, as determined in accordance with Section 3.2(a)(i), (ii), (iii) or (iv), above, as the case may be.
The additional consideration to be received with respect to each share of Class B Outstanding Stock pursuant to Section 2.4(b), above, on an Additional Consideration Payment Date (the "Class B Additional Consideration") shall be an amount in cash equal to the quotient obtained by dividing the amount of the Additional Cash Consideration for such Additional Consideration Payment Date by the number of shares of the Outstanding Class B Stock.
As used herein, the "Additional Cash Consideration" shall mean an amount in cash equal to sixty percent (60%) of the Additional Consideration that is payable by DPRC to the Shareholders for such Additional Consideration Payment Date, as determined in accordance with Section 3.2(a)(i), (ii), (iii) or (iv), above, as the case may be.
This memo includes all relevant information from previous memos and addresses all feedback received on any previous work.
Any matters that would otherwise constitute Title Defects but which are not specifically raised in writing (with the explanation as contemplated in the immediately preceding sentence) by Westside prior to the final Additional Consideration Payment Date shall conclusively be deemed waived by Westside.
Until the Additional Consideration Payment Date, Sellers shall have the right to nominate three of the five directors of the Company, and Telepad agrees to vote or otherwise take action in respect of the Shares to elect Seller's three nominees as Company directors.
Within 10 business days after the Closing Date, Telepad shall take such action as is necessary so that one Seller shall be appointed to Telepad's board of directors and thereafter, upon the expiration of such designee's term as a Telepad director until the Additional Consideration Payment Date, the Company shall designate one Seller as a nominee for election to Telepad's board of directors.