Contingent Payment Amount definition
Examples of Contingent Payment Amount in a sentence
In consideration for the Company Securities to be issued and sold on the Closing Date pursuant to Section 1.1 and the right to receive a Contingent Payment Amount as described in Section 1.3, the Purchaser shall pay to the Company on the Closing Date $440,000,000.
Each Contingent Payment Amount shall be paid 15 Business Days after the Company receives the related Partnership Distribution.
Without limiting the generality of the foregoing, Parent shall not take, with respect to the private client business of the Surviving Corporation, throughout the PCCP Period, and with respect to the investment banking business of the Surviving Corporation, throughout the IBCP Period, any action the primary intention of which is to reduce the Private Client Contingent Payment Amount or the Investment Banking Contingent Payment Amount, respectively.
In consideration of the payment provided by this Section 1, the Company and the Member agree not to make any claims under Section 9.3 of the APA, other than those relating to the Assumed Liabilities, and HSCC and the Buyer will not make any claims under Section 9.2(a) of the APA against the payment provided by this Section 1 or the Contingent Payment Amount.
If the Buyer objects to the calculation of the Maximum Contingent Payment Amount, the Buyer shall deliver to the Company within ten (10) Business Days following the Buyer’s receipt of the Company’s calculation of the Maximum Contingent Payment Amount a written notice setting forth in reasonable detail such objections (a “Maximum Contingent Payment Amount Objection Notice”), together with all supporting documentation.