Second Consideration definition

Second Consideration means a further sum payable for the Shares determinable and payable in accordance with clause 3.2;
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Second Consideration as defined in Recital (C);
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Second Consideration means an aggregate amount of €4,670,025, payable to each Seller in the amount set out beside their name in column 7 of the table in Part A of Schedule 1;
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Examples of Second Consideration in a sentence

  • Therefore the Buyer shall timely pay, within the term provided under Section 5.2 hereof, the difference in amount, if any, between the Second Consideration and the Seller Payment Amounts.

  • Executive may sign this Exhibit B or reject it at any time during the Second Consideration Period.

  • The remaining half of the Price (hereinafter the "Second Consideration"), which amounts to Euro 10,000.00 (ten thousand), shall be paid in full and at once by the Buyer at the first anniversary of the Closing Date, by means of wire transfer of funds on the bank account which shall be indicated by the Seller at least 3 (three) working days prior to the payment of the Second Consideration.

  • The proposed terms of this Exhibit B shall not be amended, modified, or revoked by Company during the Second Consideration Period.

  • At or before Completion, the Vendors shall deliver to the Notary Public the share certificates representing all the Shares in the Company in order to allow Purchaser to become the rightful owner of the Shares upon payment of the aggregate consideration under this Agreement (i.e., the aggregate of the Initial Consideration, the Second Consideration and the Third Consideration).

  • As security of the obligation to pay the Second Consideration, the Buyer shall deliver to the Seller at Closing Date an irrevocable bank guarantee issued by a primary bank, for an amount equal to Euro 165,000.00 (one hundred sixty-five thousand), valid for a period of at least 13 (thirteen) months as of the Closing Date and having a content substantially consistent with the content of the draft attached hereto as Exhibit I.

  • The Second Consideration Period allows Executive time to consider whether to execute this Exhibit B and to seek the advice of legal counsel or other advisors to be able to make an informed decision.

  • The remaining half of the Price (hereinafter the "Second Consideration"), which amounts to Euro 165,000.00 (one hundred sixty-five thousand), shall be paid in full and at once by the Buyer at the first anniversary of the Closing Date, by means of wire transfer of funds on the bank account which shall be indicated by the Seller at least 3 (three) working days prior to the payment of the Second Consideration.

  • As security of the obligation to pay the Second Consideration, the Buyer shall deliver to the Seller at Closing Date an irrevocable bank guarantee issued by a primary bank for an amount equal to Euro 10,000.00 (ten thousand), valid for a period of at least 13 (thirteen) months as of the Closing Date and having a content substantially consistent with the content of the draft attached hereto as Exhibit I.

  • If Executive signs this Exhibit B before the Second Consideration Period has ended, Executive has voluntarily waived any remaining Second Consideration Period.


More Definitions of Second Consideration

Second Consideration means a further sum payable for the Shares determinable and payable in accordance with clause 3.2; "Securities Act" means the Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated thereunder; "Shares" means the shares (or equity interests) in the Company;
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