Deferred Consideration Payment Date definition

Deferred Consideration Payment Date shall have the meaning set forth in Section 2.03(e).

Deferred Consideration Payment Date means the date that the Deferred Consideration is payable by Akerna and Exchangeco to the Rights Agent in accordance with Section 2.19 of the Arrangement Agreement;

Deferred Consideration Payment Date has the meaning ascribed thereto in Section 2.19(e) of the Arrangement Agreement;

Examples of Deferred Consideration Payment Date in a sentence

• Notwithstanding the foregoing, in the event that on the Deferred Consideration Payment Date there are any pending or disputed claims for Damages for which a Notice of Claim has been timely delivered pursuant to Article 12, then the Deferred Consideration Payment Date shall be extended until the five (5) business days after the date on which all such claims or disputes are finally resolved in accordance with Article 12.

• For the avoidance of doubt, pursuant to the terms of the Implementation Agreement, the distribution by the Seller to the 2021 Partners (as defined in the Implementation Agreement) of their allocable portions of the amount payable at Completion in accordance with this Clause 5.2 shall be deferred until the First Deferred Consideration Payment Date (subject to possible further deferral in certain circumstances).

• Following settlement of the claim, the Seller shall be entitled to receive the amount, if any, settled in its favour, together with interest thereon at the Agreed Rate in respect of the period from the Deferred Consideration Payment Date down to the date of payment (which amount shall be payable in cash within seven days of such settlement) and the Buyer shall be entitled to the balance, if any, remaining in the Escrow Account.

• From (a) the date hereof until the earlier of (x) the Closing Date and (y) such time as this Agreement is terminated in accordance with Article 10, and (b) the Closing Date until the Deferred Consideration Payment Date, each of the parties hereto shall execute such documents and perform such further acts as may be reasonably required to carry out the provisions hereof and the actions contemplated hereby.

• Under no circumstance shall the Deferred Consideration Payment payable in favor of the Sellers be withheld or retained due to a Cause for Non-Payment, except in case that the amount of the Damages arising therefrom suffered by the Globant Indemnified Parties before the Deferred Consideration Payment Date exceeds the Escrow Base Amount.

More Definitions of Deferred Consideration Payment Date

Deferred Consideration Payment Date means 31 March 2014;

Deferred Consideration Payment Date means the first anniversary of the Closing Date and the second anniversary of the Closing Date (or if not a Business Day, the next succeeding Business Day).

Deferred Consideration Payment Date. The date that is twenty-four (24) months after the Closing Date.

Deferred Consideration Payment Date has the meaning given such term in the Purchase Agreement.

Deferred Consideration Payment Date means the date falling 10 Business Days after agreement or final determination of the 3S 2007/2008 Pre-Tax Profits;

Deferred Consideration Payment Date means the first (1st) anniversary of the Closing Date.

Deferred Consideration Payment Date means the earlier of (i) the 30th day after the accounts of the Group for the Financial Year ended 30 June 2005 have been completed and audited in accordance with Part VII of the CA85 (unless such day is not a Business Day in which case it shall be the next Business Day after such 30th day) and (ii) 30 December 2005;