Contingent Payment Amount definition

Contingent Payment Amount has the meaning set forth on Exhibit 9.

Contingent Payment Amount shall have the meaning set forth in the Securities Purchase Agreement.

Contingent Payment Amount shall have the meaning set forth in Section 1.3.

Examples of Contingent Payment Amount in a sentence

• All payments hereunder shall be applied as follows: first, to all Payee Expenses until paid in full in cash, second, to all unpaid interest accrued since the most recent yearly anniversary of the date of this Contingent Payment Right until paid in full in cash, and third to the remaining Contingent Payment Amount.

• Each Contingent Payment Amount shall be paid 15 Business Days after the Company receives the related Partnership Distribution.

• 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.

• FOR VALUE RECEIVED, the Payors and TBG Holdings, jointly and severally, hereby unconditionally promise to pay to the Payee, upon each Monetization Event occurring on or before [_____________], 2023, an amount equal to 15% of the Net Proceeds of such Monetization Event; provided, that the amount payable under this Contingent Payment Right (aggregated over all such Monetization Events) shall not exceed the Contingent Payment Amount.

• In the event that Seller delivers a Dispute Notice within the Dispute Period, Seller and Buyer shall for a period of not less than thirty (30) days after delivery of the Dispute Notice attempt in good faith to resolve the Sales/Profit Contingent Payment Amount that is in dispute (the “Disputed Contingent Payment Amount”), and mutually determine any adjustments to such Sales/Profit Contingent Payment Amount (the “Agreed Contingent Payment Amount”).

More Definitions of Contingent Payment Amount

Contingent Payment Amount means the “Deferred Payment Amount” as defined in the Merger Agreement.

Contingent Payment Amount means (x) the Original Contingent Payment Amount plus (y) interest on the Original Contingent Payment Amount at the Interest Rate from the date of this Contingent Payment Right, computed on the basis of a year of 360 days and the actual number of days elapsed and compounded annually on each yearly anniversary of the date of this Contingent Payment Right, plus (z) Payee Expenses.

Contingent Payment Amount for a particular Fiscal Year means the quotient obtained by dividing by 3 the excess of (i) the result obtained by multiplying EBITDA for such Fiscal Year by 4.5 over (ii) $3,000,000.

Contingent Payment Amount means an amount in cash equal to the greater of (i) zero, and (ii) the difference of (A) $1,650,000, minus (B) the lesser of (x) $1,500,000, and (y) the sum of (I) the amount of finally determined indemnification claims with respect to which Buyer has exercised its right of set-off pursuant to Section

Contingent Payment Amount means either the Contingent IPO Payment Amount, the Contingent Acquisition Payment Amount or the payment specified in clause (y) of Section 4.1, as applicable.

Contingent Payment Amount has the meaning ascribed to such term in Section 2.7(g) hereof. "Contingent Payment Audit" has the meaning ascribed to such term in Section 2.7(h) hereof.

Contingent Payment Amount means each of the Earnout Payment, Released Escrow Payment and UK Tax Credit Payment, as applicable.