Payment in Cash definition

Payment in Cash means all payments to CIMAB other than Barter Payments.
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Payment in Cash means the full legal discharge of the debt by delivery of cash, money order, certified check or a cashier’s or similar bank officer’s check.
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Payment in Cash means: (a) a payment in the amount of $500,000 in immediately available funds in the period on or after January 1, 2009 and not later than January 15, 2009; and (b) a payment in the amount of $500,000 in immediately available funds in the period on or after January 1, 2010 and not later than January 15, 2010.
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Examples of Payment in Cash in a sentence

  • Should any purchases of Licensed Products from CIMAB occur during the Development Phase, payment will be 100% in Barter, whereas any such purchases during the Commercialization Phase will be 50% in Barter and 50% in Payment in Cash.

  • Payment by the Importer to CIMAB for the Licensed Products shall be net 30 days following delivery to the Delivery Location, and shall be payable 100% in Barter during the Development Phase, and 50% in Barter and 50% in Payment in Cash during the Commercialization Phase.

  • Any such payments shall be paid to CIMAB, 100% into the Barter Escrow Account for any sales occurring during the Development Phase, and 50% into the Barter Escrow Account and 50% in Payment in Cash for any sales occurring during the Commercialization Phase, and to YMB in cash.

  • In this event, YMB shall receive thirty-five percent (35%) of the corresponding amount of the Milestone Payment it would have received under this Agreement, payable in cash, and CIMAB shall receive the balance of the Milestone Payment, payable 100% into the Barter Escrow Account for any sales occurring during the Development Phase, and 50% into the Barter Escrow Account and 50% in Payment in Cash for any sales occurring during the Commercialization Phase.

  • The funds in the Barter Escrow Account shall only be used to carry out CIMAB's purchase of Barter Goods from U.S. sources or to make Payment in Cash to CIMAB, in accordance with the terms of this Agreement.

  • Payment in Cash, on the Effective Date or as soon as reasonably practicable thereafter, to such counterparty of the amount set forth on the applicable Cure Notice shall, as a matter of law, satisfy any and all monetary defaults under the applicable Executory Contract or Unexpired Lease.

  • With respect to such Royalties: (a) sixty-five percent (65%) shall be paid to CIMAB, 100% into the Barter Escrow Account for any sales occurring during the Development Phase, and 100% into the Barter Escrow Account, 50% of each such payment to be made for the purchase of Barter Goods and 50% to be made for Payment in Cash for any sales occurring during the Commercialization Phase, and (b) thirty-five percent (35%) shall be paid to YMB in cash.

  • Team shall pay $7,500,000 (less the Cash portion of the Deferred Payment) in Cash to the Sellers as part of the Purchase Price.

  • The Company may, at its option, pay the Make-Whole Interest Payment in Cash or in Common Stock.

  • For the avoidance of doubt, if the consent of any Governmental Authority is required as a condition to assign the Seller Licenses back to the Seller pursuant to Section 2.1(b)(iii)(D) and such consent is not obtained, the Seller’s election to receive such assignment back of the Seller Licenses pursuant to Section 2.1(b)(iii)(D) shall be deemed irrevocably revoked and the Seller shall continue to be entitled to receive the Post-Closing Purchase Price Payment in Cash in full.


More Definitions of Payment in Cash

Payment in Cash has the meaning set forth in Section 2(b).
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Payment in Cash except for reasons beyond BUYER's control, the BUYER must pay interest at an annual rate equal to 200 basis points over the rate of interest announced from time to time by the Chase Manhattan Bank at its principal offices in New York for 90 days extensions of credit to its preferred customers ("Prime Rate"). Interest shall be calculated on the basis of a 360 days year and for the actual number of days elapsed after the 45 days provided in Section 8.01 above.
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Related to Payment in Cash

  • Cash Payment has the meaning ascribed to it in Section 2.5.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Non-Cash Dividend means any Dividend which is not a Cash Dividend, and shall include a Spin-Off.

  • annual cash dividend means cash dividends paid in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate, the greatest of: (i) 200% of the aggregate amount of cash dividends declared payable by the Corporation on its Common Shares in its immediately preceding fiscal year; (ii) 300% of the arithmetic mean of the aggregate amounts of the annual cash dividends declared payable by the Corporation on its Common Shares in its three immediately preceding fiscal years; and (iii) 100% of the aggregate consolidated net income of the Corporation, before extraordinary items, for its immediately preceding fiscal year;

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.