Second Earnout Payment definition

Second Earnout Payment shall have the meaning set forth in Section 2(f)(ii).

Second Earnout Payment has the meaning set forth in Section 3.1(b)(ii)(C).

Second Earnout Payment. See Section 4.7(b) hereof.

Examples of Second Earnout Payment in a sentence

• If the Second Year Achieved Revenue is less than the sum of First Year Achieved Revenue plus the product that results from multiplying First Year Achieved Revenue by .20, then the Second Earnout Payment shall be equal to zero.

• The date of the Second Earnout Payment, if any, shall not be later than December 15, 2000, or within ten (10) days after any dispute under Section 3.7 is finally resolved, whichever is later.

• The Second Earnout Payment shall be in the form of cash and/or ADS Stock, the proportional amount to be determined by ADS, having a value of 4.0 times the EBITDA for the Second Earnout Period, minus $450,000 (the "Second Earnout Amount").

• The date upon which the Second Earnout Payment is required to be delivered by ADS to the Stockholders shall be referred to herein as the "Second Earnout Date".

• The SRGD screen enables the scheduler to enter pre-registration dates, registration dates, the dates a student can add the course and the dates the student can exit the course.

More Definitions of Second Earnout Payment

Second Earnout Payment has the meaning set forth in Section 2.06(d). “Selected Employees” means those Business Employees identified on Schedule 3.13(a). “Seller” has the meaning set forth in the Preamble. “Seller Group Members” means Seller and any Affiliates thereof, and their respective successors and assigns. “Seller Intellectual Property Assignment” has the meaning set forth in Section 10.07.

Second Earnout Payment is defined in Section 1.4(a).

Second Earnout Payment means (i) a number of shares of Parent Common Stock equal to $1.75 million divided by the Trading Price plus (ii) an amount of cash equal to $1.75 million.

Second Earnout Payment means (i) the Maximum Earnout Payment MINUS (ii) the sum of (a) the applicable Class B Earnout Payment Deduction PLUS (b) the applicable Class C Earnout Payment Deduction.

Second Earnout Payment means additional consideration in an amount equal to the lesser of (i) $******, minus the aggregate amount (if any) paid to Seller in respect of the ******, and (ii) the amount by which Purchaser’s *******after deduction of the aggregate amount (if any) paid to Seller during

Second Earnout Payment means additional consideration in an amount equal to the lesser of (i) $******, minus the aggregate amount (if any) paid to Seller in respect of the ******, and (ii) the amount by which Purchaser’s *******after deduction of the aggregate amount (if any) paid to Seller during such period in respect of ******. The Second Earnout Payment shall be payable in cash and Common Stock, as follows: (i) cash in an amount equal to ******; and (ii) a number of shares of Common Stock equal to (x) ***** of the total dollar value of the *****, divided by (y) the then applicable Average Price.

Second Earnout Payment has the meaning given to such term in Section 3.3(c)(ii).