Maximum Earnout Payment definition

Maximum Earnout Payment means the following payments, corresponding to the applicable Earnout Period: (i) for the first Earnout Period, 25% of the Earnout Consideration; (ii) for the second Earnout Period, 25% of the Earnout Consideration; and (iii) for the third Earnout Period, 50% of the Earnout Consideration.
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Maximum Earnout Payment means $750,000,000.
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Maximum Earnout Payment shall have the meaning set forth in Section 2.2(b).
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Examples of Maximum Earnout Payment in a sentence

  • However, at no time shall the aggregate Earnout Payments exceed the Maximum Earnout Payment.

  • In either case, the Maximum Earnout Payment shall be due and payable at such time it would otherwise be due and payable pursuant to Section 1.7 of the Merger Agreement.

  • The Future Earnout Amount for the First Earnout Period shall be equal to (i) the Maximum Earnout Payment for the first Earnout Period less (ii) the First Earnout Period Subsequent Earnout Payment less (iii) the First Period Second Year Payment less (iv) the First Period Third Year Payment, unless such amount is less than zero, in which case the Future Earnout Amount for the First Earnout Period shall be equal to zero.

  • However, if the First Year Achieved Revenue is greater than or equal to the sum of Base Revenue plus the product that results from multiplying Base Revenue by .35, but less than the First Year Target Revenue, then the First Earnout Payment shall be calculated by multiplying the Maximum Earnout Payment for the First Year Period by the First Year Factor.

  • The authorized capital stock of Newco consists solely of 1,000 shares of common stock, par value $.0001 per share, of which 1 share is issued and outstanding and owned of record and beneficially by Acquiror.


More Definitions of Maximum Earnout Payment

Maximum Earnout Payment means SEVEN MILLION FIVE HUNDRED THOUSAND EURO ((euro)7,500,000).
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Maximum Earnout Payment means $5,000,000.
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Maximum Earnout Payment means: (i) for the April 30, 1999 Earnout Payment Date, an amount equal to $54.0 million and (ii) for the Earnout Payments for April 30, 2000 and 2001, an amount equal to $25.5 million.
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Maximum Earnout Payment means ONE MILLION DOLLARS ($1,000,000).
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Maximum Earnout Payment means, with respect to each of the First Earnout Payment and the Second Earnout Payment, $9,560,000.
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Maximum Earnout Payment. As defined in Section 1.4(c).
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Maximum Earnout Payment has the meaning specified in Section 3.9(a).
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