Exchange Payment definition

Exchange Payment is defined in Section 5.01.
Exchange Payment is defined in Section 5.01 of this Agreement.
Exchange Payment means, with respect to any Exchange, the Stock Exchange Payment and/or the Cash Exchange Payment, as applicable.

Examples of Exchange Payment in a sentence

  • The amount of all or any portion of any Exchange Payment not made to any Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing on the date on which such Exchange Payment was due and payable.


More Definitions of Exchange Payment

Exchange Payment means a payment due from the Issuer or the Trustee to an Exchange Counterparty, pursuant to the Related Exchange Agreement (excluding, any payments in respect of any early termination, as provided in the Related Exchange Agreement).
Exchange Payment means any Tax Benefit Payment or Early Termination Payment required to be made by a Corporation to the Limited Partners under this Agreement.
Exchange Payment means any Tax Benefit Payment or Early Termination Payment required to be made by an AOG Topco Entity to the TRA Holders under this Agreement.
Exchange Payment means any Tax Benefit Payment or Early Termination Payment required to be made by the Parent to the TRA Holders under this Agreement.
Exchange Payment. At such time as a SubCo receives Note proceeds from the Company, the Company will cause the SubCo to issue to Holder a warrant to purchase a number of shares of common stock of SubCo equal to twenty five percent (25%) of the SubCo Share of Proceeds divided by the lowest price at which equity securities are sold in the first third party financing of SubCo (the “SubCo Financing”). In the event of a Deemed Liquidation Event occurring prior to the SubCo Financing, the price used will be the price per share to be received by the common shareholders as a result of such Deemed Liquidation Event. The exercise price of the warrant will be the par value of the common stock. A “Deemed Liquidation Event” shall mean: (A) any sale of all or substantially all of the assets of the SubCo; (B) any consolidation or merger of the SubCo with or into any other corporation or other entity or person, or any other corporate reorganization, other than any such consolidation, merger or reorganization in which the holders of equity securities of the Company immediately prior to such consolidation, merger or reorganization, continue to hold a majority of the equity securities of the surviving entity in substantially the same proportions (or, if the surviving entity is a wholly owned subsidiary, its parent) immediately after such consolidation, merger or reorganization; or (C) any transaction or series of related transactions to which the SubCo is a party in which in excess of fifty percent (50%) of the SubCo’s equity securities are transferred.
Exchange Payment is defined in Section 5.01 of this Agreement. “Excluded Assets” is defined in Section 7.11(b) of this Agreement. “Expert” is defined in Section 7.09 of this Agreement.
Exchange Payment means an amount in cash equal to $55,000,000.”