Examples of Earn-Out Amount in a sentence
Administrative Borrower shall deliver to Agent, concurrently with the delivery of each Compliance Certificate, a calculation of the Expected Earn-Out Amount for the next twelve (12) month period.
The Issuer may (directly or indirectly through BidCo) only pay (i) the Deferred Purchase Price to the Sellers upon written confirmation to the Trustee from the Issuer that the EBITDA of the Target Group for the last twelve (12) months is at least SEK 70,000,000 and (ii) the Pre-Funded Earn-Out Amount if and when the Issuer complies with the requirements set forth in Clause 4.2 (Conditions Precedent for Disbursement of the Pre- Funded Earn-Out Amount).
In lieu of any such fractional shares, the Shareholders shall be entitled to receive an amount in cash (without interest), rounded to the nearest cent, determined by multiplying the Fair Market Value of a PentaStar Share issuable pursuant to this Agreement (as set forth in Section 2.1(k) or, in the case of PentaStar Shares issued as part of the Earn-Out Amount, as determined pursuant to Section 2.1(n)) by the fractional interest in such PentaStar Share to which the Shareholder would otherwise be entitled.
In the event of Seller’s death prior to the payment of any Profits-Based Earn-Out Amount payable pursuant to this Section 2.9, such payment shall instead be made to the executors of Seller's estate.
In the event of Seller’s death prior to the payment of any Reserve-Based Earn-Out Amount payable pursuant to this Section 2.8(a), such payment shall instead be made to the executors of Seller’s estate.