First Cash Payment definition
First Cash Payment has the meaning ascribed thereto in Section 3;
First Cash Payment shall have the meaning specified in Section 1.1(a).
First Cash Payment has the meaning set forth in Section 2.3 of this Agreement.
Examples of First Cash Payment in a sentence
If Greenland Mines does not make the First Cash Payment to Major Precious in accordance with Section 3.02(a), the Subscription Right will expire on the day after the date the unpaid First Cash Payment is due.
Other than payment of the First Cash Payment, (a) Greenland Mines shall have no further obligation to incur additional Work Expenditure, and (b) Greenland Mines shall forfeit any and all rights and interests Greenland Mines may have in the Properties, in the event of the termination of this Agreement.
More Definitions of First Cash Payment
First Cash Payment means US$7 million minus the Off-Set Amount.
First Cash Payment has the meaning given to that term in the Share Purchase Agreement.
First Cash Payment means US$7 million minus the Off-Set Amount. "FORCE MAJEURE EVENT" has the meaning given to it in Clause 8.4 of this Agreement. "GROUP" or "GROUP COMPANIES" means Sharp Edge, Sharp Edge WFOE, Xinrui and their respective Subsidiaries, if any, from time to time, and "GROUP COMPANY" means any one of them. "GROUP INTELLECTUAL PROPERTY" has the meaning given to it in Clause 6.19(a) of this Agreement. 4 <PAGE> "HONG KONG" means Hong Kong Special Administration of the PRC. "INDEMNIFIABLE LOSS" has the meaning given to it in Clause 14.10 of this Agreement. "INDEMNITEE" have the meaning given to it in Clause 14.10 of this Agreement. "INTELLECTUAL PROPERTY RIGHTS" means any and all international, domestic/local, or foreign patents, all patent rights and all applications thereof and all reissues, re-examinations, continuations, continuations-in-part, divisions, and patent term extensions thereof, inventions (whether patentable or not), discoveries, improvements, concepts, innovations, industrial models, registered and unregistered copyrights, copyright registrations and applications, author's rights, works of authorship (including artwork of any kind and software of all types in whatever medium, inclusive of computer programs, source code, object code and executable code, and related documentation), URLs, web sites, web pages and any part thereof, technical information, know-how, trade secrets, drawings, designs, design protocols, specifications for parts and devices, quality assurance and control procedures, design tools, manuals, research data concerning historic and current research and development efforts, including the results of successful and unsuccessful designs, databases and proprietary data, proprietary processes, proprietary rights, technology, engineering, discoveries, formulae, algorithms, operational procedures, trade names, trade dress, trademarks, domain names, service marks, mask works, and registrations and applications thereof, the goodwill of the business symbolized or represented by the foregoing, customer lists and other proprietary information and common law rights; "IP CONFIDENTIAL INFORMATION" has the meaning given to it in Clause 6.19
First Cash Payment shall have the meaning set forth in Section 2.2.
First Cash Payment means $15,000,000.
First Cash Payment has the meaning assigned to such term in the Acquisition Amendment;