Examples of Fourth Payment Date in a sentence
Any certificate representing shares of Parent Common Stock issuable on the Second Payment Date or Fourth Payment Date shall be delivered to the shareholder as promptly as practicable following the determination of any Agreed Offset or Determined Offset in accordance with Article 11.
The maximum aggregate amount of any offsets against the Second Payment and Fourth Payment pursuant to this Article 11 shall be $15.0 million, as provided in the definitions of Maximum Second Payment Date Offset and Maximum Fourth Payment Date Offset, and there shall be no offset against the Third Payment pursuant to this Article 11.
If a Shareholders’ Agents Fees Notice has been received by Parent in accordance with the preceding sentence, on the Third Payment Date or Fourth Payment Date, as applicable, Parent shall pay to the Shareholders’ Agents, in cash, the amount specified in such Shareholders’ Agents Fees Notice (which amount would otherwise be payable to the Holders pursuant to Section 2.5(a)(iii)(B) or 2.5(a)(iv)(B), as applicable) by wire transfer to an account number provided to Parent by the Shareholders’ Agents.
Any certificate representing shares of Parent Common Stock issuable on the Second Payment Date or Fourth Payment Date shall be delivered to the former Optionholders and former Warrantholder as promptly as practicable following the determination of any Agreed Offsets or Determined Offset in accordance with Article 11.
No later than within five (5) calendar days prior to the Fourth Payment Date, Parent shall provide at least one of the Shareholders’ Agents with a statement setting forth the form of consideration of the Second Payment as elected by Parent pursuant to Section 2.5(a)(iv).
First Payment Date 20% Second Payment Date 25% Third Payment Date 33 1/3% Fourth Payment Date 50% Fifth Payment Date 100% 5.4 Accelerated Benefit Payment.
As of each of the Fourth Payment Date, there are no material adverse changes in legal, financial, business aspects of the Company.
The Sellers have performed or complied with the commitments and covenants which shall be fulfilled or complied with on or before the Fourth Payment Date hereunder.
On the Trading Day in which the Company has received at least $1,000,000 in aggregate from Settlements (the “Fourth Payment Date”), the Company shall issues and deliver a number of shares of Common Stock equal to 0.5% (1/2 percent) of the Commitment Amount divided by 95% of the average VWAP during the ten trading days prior to the Fourth Payment Date (the “Fourth Issuance Price”).
If Owner elects to be paid in Shares, the Fourth Payment Shares shall be equivalent of *** in Shares at an exchange rate of A$1=US$0.75 and a Share price based on the 30-trading day VWAP fifteen (15) trading days either side of the Fourth Payment Date.