Aggregate Closing Payment definition
Examples of Aggregate Closing Payment in a sentence
Thanks to Tactical Trajectory improvements, the advanced ATC support tools allow a better anticipation of traffic situation and provide ATCOs with more accurate conflict data (e.g. conflict geometry display, minimum separation distances, extrapolation of aircraft positions at separation minima infringement), more time to analyse problems and select the best solutions, taking into account Safety, ATM constraints and flight efficiency aspects.
Documentation is currently being progresses with a view to tender the works in the near future.
The Purchaser shall issue to Sellers and Optionholders the Aggregate Closing Payment Shares, if any, in accordance with Section 2.6(a)(ii), which shall be fully paid and free and clear of all Liens other than restrictions on transfer arising under applicable securities Law and the Registration Rights and Lock-Up Agreement.
Each Seller and Optionholder shall receive the number of Aggregate Closing Payment Shares, if any, opposite such Seller’s or Optionholder’s name on the Payment Notice.
Parent shall be entitled to rely exclusively upon the Aggregate Closing Payment Schedule in paying the Aggregate Cash Amount pursuant to Section 3.04 and shall have no obligation to investigate the entitlements of any Person to any portion of the Aggregate Cash Amount payable at Closing.
Prior to the Closing, Purchaser shall have sufficient cash on hand or cash commitments to pay the Aggregate Closing Payment on the terms and subject to the conditions contemplated by this Agreement.
The Aggregate Closing Payment shall be paid in immediately available funds by wire transfer, in accordance with written instructions given by Seller to Purchaser prior to the Closing.
Except as set forth in the Aggregate Closing Payment Schedule, no Person is entitled to receive any portion of the Aggregate Closing Amount.
The Purchaser shall use commercially reasonable efforts to cause the Aggregate Closing Payment Shares and the Escrow Shares to be listed on Nasdaq at the Purchaser’s expense, including without limitation, filing any listing application with Nasdaq.
The "Aggregate Purchase Price" for the Purchased Interests shall be an amount equal to the sum of the following, without duplication, (i) the Aggregate Closing Payment, subject to adjustment, if any, pursuant to Section 1.4 and (ii) the portion, if any, of the Earnout Payment, including the portion, if any, of the Equity Consideration, due in accordance with this Agreement.