Examples of Future Payment Allocation Schedule in a sentence
To explain the optimization, we return to the processing diagram given earlier.
In the event a claim for indemnification under this Section 9 shall have been finally determined as set forth in this Section 9.6, the amount of the Damages shall be paid as follows: (A) if to be paid to a Parent Indemnitee, as set forth in Section 9.4, or (B) if to be paid to a Company Indemnitee by Parent, in accordance with the Future Payment Allocation Schedule applicable to such payment.
If the initial payment of the ERC Tax Refund to the Surviving Corporation is less than the full amount of the ERC Tax Refund, Parent shall cause the Paying Agent to pay each Company Stockholder his, her or its applicable Per Share Future Payment, if any, in respect of such distribution of such portion of the ERC Tax Refund in accordance with the applicable Future Payment Allocation Schedule.
The Future Payment Allocation Schedule delivered prior to Closing shall be (and any update thereof will be), prepared by the Company in accordance with the Certificate of Incorporation of the Company, the terms and conditions of this Agreement, the terms and conditions of any Convertible Note and all agreements related thereto, each as in effect immediately prior to the Closing.
Any PDI Common Stock to be delivered pursuant to the Contingent Consideration Agreement shall be issued by PDI in accordance with the directions of the Equityholder Representative, which direction shall be consistent with the Future Payment Allocation Schedule and shall be based upon PDI Common Stock Market Value.
The Buyer shall cause the Surviving Corporation to pay as promptly as practicable (and in any event, no later than the next payroll date (following receipt of such cash) of the Surviving Corporation) to each holder of Options the Applicable Share of the Closing Adjustment Surplus (reduced by any applicable withholding) in accordance with the applicable Future Payment Allocation Schedule.
With respect to Employee Recipients, the Buyer shall cause the Surviving Corporation to pay to each holder of Phantom Share Units, through the Surviving Corporation’s payroll, each additional payment of the Phantom Share Unit Consideration (i) no later than the next payroll date of the Surviving Corporation following the date the Future Payment becomes payable and (ii) in accordance with the applicable Future Payment Allocation Schedule.
The Equityholders’ Representative shall determine the amounts to be paid to each Equityholder as set forth on any Future Payment Allocation Schedule in accordance with the Company Certificate of Incorporation as amended and in effect immediately prior to the Closing as if the transactions contemplated hereby constitute a Deemed Liquidation Event (as defined in the Company Certificate of Incorporation as amended and in effect as of immediately prior to the Closing), applicable Law and this Agreement.
With respect to each Non-Employee Recipient, subject to Section 2.2, the Paying Agent shall pay each additional payment of the Phantom Share Unit Consideration in accordance with the applicable Future Payment Allocation Schedule.
From the mid-1990s, this revenue requirement has been calculated using a model developed by, PricewaterhouseCoopers, on behalf of the Ministry of Transport and the BCA (known as the PwC model) (see Box 4.1).3 Box 4.1 The PricewaterhouseCoopers modelThe PricewaterhouseCoopers (PwC) model is used to calculate the ‘required revenue’ to operate a particular category of bus per year.