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Second Contingent Payment Date definition

Second Contingent Payment Date is defined in Section 1.1(b)(iii).
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Second Contingent Payment Date means the date of payment of the Second ------------------------------ Contingent Payment by the Company to the Stockholders in accordance with the terms of the Purchase Agreement.
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Second Contingent Payment Date means the second anniversary of the Closing Date. “Second Contingent Shares” is defined in Section 2.4(b).
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Examples of Second Contingent Payment Date in a sentence

  • By way of example, if the Yearly Revenue for the Measurement Period ending on the Second Contingent Payment Date is equal to 50% of the Yearly Revenue Target and the Aggregate Earn-Out Amount is $6,000,000, the Contingent Payment payable to the Sellers at the Second Contingent Payment Date would be equal to $1,000,000 in cash ($2,000,000 x .5).

Related to Second Contingent Payment Date

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Expected Principal Payment Date means March 15, 2022.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Damages Payment Date With respect to the Notes, each Interest Payment Date.

Most Referenced Clauses

Most Referenced Definitions