Contingent Payment definition

Contingent Payment shall have the meaning set forth in Section 2.2(a).

Contingent Payment means any payment that has been (or is required to be) ------------------ made under any of the following circumstances:

Contingent Payment has the meaning ascribed in Section 2.3(1);

Examples of Contingent Payment in a sentence

• Part 2 of Schedule 2 hereto shall be updated from time to time by Hxxxxx upon receipt of any Contingent Payment to reflect the then-current Remaining Value, and Holder shall provide a copy of Schedule 2, as updated, from time to time as reasonably requested by any Obligor.

• Upon entering into any transaction resulting in a Contingent Payment Event, Holder shall provide prompt notice thereof to Holder, together with copies of all material Transaction Documents, and if requested, Obligors’ projections regarding anticipated payments and proceeds to be received and resulting Contingent Payment Amounts and timeframes.

• With respect to Transfers of assets (including Intellectual Property) of any Obligor, including entering into any commitment or granting of any option or other contingent right by an Obligor a future Transfer of such assets, the terms and conditions of any transaction resulting in a Contingent Payment Event that involves the Transfer of shall be subject to Holder’s prior review and approval, such approval not to be unreasonably withheld.

• Obligors shall not, and shall not permit any Subsidiary to Transfer any of its assets (including Intellectual Property), except for Permitted Transfers or as approved by the following sentence, in each case, subject to payment of any required Contingent Payment in connection with any such Transfer, if any.

• Obligors shall pay the applicable Contingent Payment Amount, within three (3) Business Days following each Contingent Payment Event (each such payment, a “Contingent Payment” and collectively, the “Contingent Payments”).

More Definitions of Contingent Payment

Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

Contingent Payment has the meaning set forth in Section 2.4.1.

Contingent Payment shall have the meaning set forth in Section 3.01.

Contingent Payment means any payment by Landlord pursuant to the terms of this Lease excluding Acquisition Payments.

Contingent Payment means any Milestone Payment or Earn-Out Payment.

Contingent Payment is defined in Section 2.13(a).

Contingent Payment shall have the meaning given to such term in Section 2.7.