Future Deliveries definition
Examples of Future Deliveries in a sentence
The Guarantor shall cause the Buyer to deliver quarterly reports, showing all orders, shipments, invoices, deliveries and other relevant activities as they relate to Future Deliveries, the Conditional Orders or the Add On Conditional Orders, only, for purposes of confirming the appropriate calculation of Earn-Out Payments and Add On Earn-Out Payments for a period of five years following the Closing Date.
The second invoice for [***] of the 2023 Remaining Balance will be issued on and is contingent on the second shipment date in 2023, either occurring in Q3 or Q4 2023 as particularized in -5- Exhibit A - Invoices for Future Deliveries.
In respect of the Future Deliveries, New TM will pay to the Seller the Earn-Out Payments and the Add On Earn-Out Payments upon receipt of the Progress Payments or upon receipt of the payment from the recipients of the Future Deliveries, as the case may be.