Sale Payments definition

Sale Payments means the aggregate “Sale Payments” (including, for the avoidance of doubt, “Deficit Payments”) received by holders of Series B pursuant to and as defined under the Contribution Agreement.
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Sale Payments means with respect to the applicable Seller Parties, the amount set forth opposite his name under the heading “Sale Payments” on Schedule X attached hereto. Sale Payments are included in the calculation of Pro Rata Share (Sellers), so that said amounts are paid out of the Purchase Price.
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Sale Payments means any bonus, severance, stay pay or other compensation, benefit or payment that is created, accrues or becomes payable by the Company on or prior to the Closing Date to any present or former director, shareholder, employee or consultant, including pursuant to any employment agreement, benefit plan or any other Contract, or any compensation, benefit or payment that accelerates, in each case, as a result of the execution, delivery or consummation of the transactions contemplated hereby (without regard to when any such compensation, benefit or payment is due and payable); provided that Company’s Brokers Obligations shall not be “Sale Payments.”
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Examples of Sale Payments in a sentence

  • The day the wire transfer is initiated is considered the payment date.Bank Name: First Source Bank Routing number: 071212128Account Number: 10029957Please use your name as the reference on the wire transfer, i.e. Doe, John Commissioners Cert Sale Payments may also be made in the St. Joseph County Treasurers office in the St Joseph County Government Center in Indiana.

  • All Redemption Payments, Sale Payments and Participation Payments shall be paid electronically via wire transfer of immediately available funds to account(s) designated by Xxxxxx.

  • Any Sale Payments (herein below defined) paid with respect to the Senior Preferred Stock pursuant to this Agreement (x) shall reduce the Net Contribution Value by the amount of such Sale Payment when such Sale Payment is made and (y) shall be credited to the next Redemption Payment required to be made by American Spectrum Realty.

  • Students from the Chalo and Heiltsuk schools were present in Ottawa to see the passage in the House of Commons of this legislation.The next steps for FNESC will be preparation and introduction of provincial legislation, anticipated to take place in the fall of 2007.

  • The Seller shall use its reasonable endeavours to procure that Pre Sale Payments of up to USD 26,000,000 (twenty six million US dollars) are made by a member of the Astra Tech Group prior to Completion.

  • The Certificates are special, limited obligations of the City payable solely from Measure A Revenues, consisting primarily of Installment Sale Payments to be made by the City to the Authority pursuant to a 2013 Installment Sale Agreement, dated as of August 1, 2013, by and between the Authority and the City, pursuant to which the City will lease certain Facilities.

  • The cut-off date for Credit Sale Payments and date of payment to Applicant shall be as per the MOU.

  • We end the article with ten takeaways and an invitation for higher education administrators to identify their own learning and action steps that can help shift focus from proving to improving their institution’s value to the community.

  • If a redemption of Bonds is required pursuant to the provisions of the Indenture, the Company agrees as provided herein to promptly make Installment Sale Payments sufficient to pay the principal of, premium, if any, and interest on the Bonds due on such redemption date.

  • I acknowledge that I must bear the economic risk of the investment in the securities comprising the Sale Payments for an indefinite period of time.

Related to Sale Payments

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Payments has the meaning set forth in Section 8.11.

  • Termination Payments has the meaning specified in Section 10(a).

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Contingent Payments has the meaning set forth in Section 2.3(d).

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Bonus Payments means that portion of the bonus payments received by the

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Aggregate Payments as defined in Section 7.2.