Examples of Second Deferred Payment Date in a sentence
Notwithstanding the foregoing, in the event Buyer does not deliver the full Deferred Payment to the Stockholders by the Second Deferred Payment Date, then the Confidentiality Agreement shall be automatically reinstated without action by the parties and shall be deemed to have covered all disclosures during the period from the Closing to the Second Deferred Payment Date when it is reinstated.
We present the case of a 42 year old male presenting with neutropenia and a macrocytic anaemia who was subsequently diagnosed as AML involving t(3;3) and describe his subsequent progress and development of SIADH.
Following notice from Buyer that the full amount of the Deferred Payment has been remitted, the Escrow Agent shall deliver the Stock Certificates to Buyer within three (3) business days of the Second Deferred Payment Date.
Notwithstanding the foregoing, in the event Buyer does not deliver the full Deferred Payment to the Stockholders by the Second Deferred Payment Date and the stock reverts back to the Stockholders, then the obligations of the Buyer under this Section 9.1 with respect to the filing of Tax Returns shall be assumed by the Stockholders on behalf of the Company, provided that Buyer agrees to cooperate and assist with any information as set forth in Section 9.4 below.
On March 31, 2015 (the “Second Deferred Payment Date”), Buyer shall pay to each Stockholder the amount set forth on Schedule I for distribution to such Stockholder, which amount shall total the remaining Two Million Dollars ($2,000,000) of the Deferred Payment by wire transfer of immediately available funds to the accounts that have been designated by the Stockholder Representative to Buyer at least three (3) calendar days prior to the Second Deferred Payment Date.
In this regard, the Company has agreed to pay to the Sellers on the Completion Date approximately MYR 140.6 million or approximately THB 1,076.17 million, being 92.5% of the Initial Purchase Price, and the remaining 6% and 1.5% of the Initial Purchase Price will be paid on the First Deferred Payment Date and the Second Deferred Payment Date, respectively.
Notwithstanding the foregoing, in the event that Buyer fails to pay the full amount of the Deferred Payment on or before the Second Deferred Payment Date, the Common Stock shall be automatically transferred back to the Stockholders without the requirement of further notice, payment or demand.
A museum dedicated specifically to the Rif region has recently been proposed.
The Company will pay 92.5% of the Initial Purchase Priceto each of the Sellers on the Completion Date after all of the conditions precedent under the SPA are fulfilled, deemed to be fulfilled, or otherwise waived by the relevant parties and the completion obligations under the SPA have been undertaken as detailed in item 3.1, and the remaining 6% and 1.5% of the Initial Purchase Price will be paid on the First Deferred Payment Date and the Second Deferred Payment Date, respectively.