Second Deferred Payment Date definition

Second Deferred Payment Date has the meaning given in Section 2.2(b)(ii).

Second Deferred Payment Date means December 15, 2026.

Second Deferred Payment Date means 1 March 2005 (or if such a date is not a Business Day, the Business Day next following such a date).

Examples of Second Deferred Payment Date in a sentence

• In addition, any improvements or developments to the Capsid Products or to the HBsAg Products made between the Closing Date and the Second Deferred Payment Date shall be deemed the property of the Company.

• 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.

• 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.

• 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.

• 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.

• 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.

• By 1:00 p.m. Eastern Standard time on the Second Deferred Payment Date, Buyer shall instruct the Escrow Agent to remit to Seller, by wire transfer of immediately available funds, an amount equal to One Million Five Hundred Thousand Dollars ($1,500,000) less the amount of any Agreed Value(s) that arose after the First Payment Date and the then-pending Disputed Amounts that arose after the First Payment Date.

• The Company will pay 92.5% of the Initial Purchase Price to 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.

More Definitions of Second Deferred Payment Date

Second Deferred Payment Date means ten (10) business days after the date of final resolution of the Second Earnout Amount pursuant to Section 1.7(c), including resolution of any Disputed Items.

Second Deferred Payment Date means the second anniversary of the Completion Date;

Second Deferred Payment Date means the second anniversary of the Completion Date; "Shareholders' Agreement" means the shareholders agreement in relation to JV Co dated 25 January 2012 between CPW, BBY Distributions, BBY HoldCo and BBY; "Straddle Period" means the accounting period for tax purposes of JV Co beginning before but ending after Completion; "Supplementary Prospectus" means any supplementary prospectus published by CPW in connection with the CPW Admission; "Support Letter" means a support letter to BBE from Old CPW in the amount of £50,000,000 that was novated and assigned to CPW on 28 January 2010 as part of the Deed of Novation and Assignment, such letter being withdrawn on 27 July 2011; "Surviving Provisions" means clauses 1, 4.6, 11, 12, 13, 16, 17, 18, 19, 23 and 24; "Tax" means all forms of taxation and all withholdings, duties, imposts, levies, social security contributions and rates imposed, assessed or enforced by any local, municipal, governmental, state, federal or other body or authority in the United Kingdom or elsewhere, in all cases being in the nature of taxation and any interest, penalty, surcharge or fine in connection therewith; "Tax Authority" means any taxing or other authority, body or official competent to administer, impose or collect any Tax; "Tax Return" means any tax return, statement, computation, report form, election, claim or surrender (including estimated Tax returns and reports, extension reports, extension requests and forms, and information returns and reports) required to be filed with any Tax Authority; "Tax Sharing Deed" means the tax sharing and indemnity deed dated 23 January 2012 between CPW, BBY and JV Co; "Term Sheet" means any written term sheets, heads of terms or similar documents between any of the Parties (whether executed or not) relating to the transactions contemplated by the Transaction Documents; "Territory" means the United Kingdom, Republic of Ireland, Spain, the Netherlands, Germany, Portugal, France and Sweden; "Tethered Products" means such other products apart from mobile handsets or Connected Tablets that are connected via a bundle to the same MNO account as a mobile handset or Connected Tablet subject to any arrangements the manufacturers of such other products may request from time to time and provided further that in no event shall inclusion of a Tethered Product as part of bundled offering with an MNO account preclude a party from also offering such Tethered Product on a stand-alone basis without an MNO account;...