Examples of Contingent Consideration in a sentence
If the Contingent Consideration becomes payable, then the Contingent Consideration will be paid by the Buyer to the Sellers set forth in Section 2.1(c), no later than five Business Days after the Buyer files the SK-1300 Report on XXXXX.
In addition to such Closing Consideration, and in consideration for the Share Purchase and the other transactions contemplated by this Agreement, following the Closing, each Seller shall have the right to receive such Seller’s Pro Rata Portion of the Contingent Consideration, if any, that may become payable by Buyer (if at all) upon the terms and subject to the satisfaction of the conditions set forth in Exhibit G.
The Contingent Consideration is subject to the Company meeting the specified financial targets and maintaining the required profit margin during the specified period.
As of the Closing, each Company Warrant Holder will be entitled to receive such Company Warrant Holder’s Pro Rata Portion of the Closing Consideration and the Contingent Consideration (only to the extent that such Contingent Consideration is payable by Buyer (if at all) upon the terms and subject to the satisfaction of the conditions set forth in Exhibit G) in accordance with and subject to the terms of the applicable Company Warrant.