Second Payment Amount has the meaning set forth in Section 2.6(b).
Second Payment Amount means US$335,623,289, which is equal to the present value of US$400 million payable on February 1, 2011 calculated as of March 31, 2009 applying a discount rate of 10% per annum;
Second Payment Amount means 2,500,000 shares of Purchaser’s common stock.
Examples of Second Payment Amount in a sentence
Purchaser shall pay the Purchase Price in two installments, with the First Payment Amount due and payable to Seller on the First Payment Date, and the Second Payment Amount due and payable to Seller on the Second Payment Date.
If Purchaser fails to timely pay the Second Payment Amount on the Second Payment Date (upon satisfaction or waiver of the Second Payment Conditions Precedent), then (a) Seller may terminate this Agreement in accordance with Section 8.1 (solely with respect to the portion of the 2024 Tax Credits corresponding to the Second Payment Amount) without any liability and (b) Seller shall be entitled to exercise all other remedies available to it under law or in equity on account of such failure of Purchaser.
More Definitions of Second Payment Amount
Second Payment Amount means an amount no less than thirteen million and one hundred thousand Dollars (US$13,100,000) to be paid by Thermo (for the benefit of the Supplier) to a Relevant Account on or following the Acceptance Date in accordance with this Deed.
Second Payment Amount shall have the meaning specified in Section 8(dd) of the Participation Agreement.
Second Payment Amount. 5 "Second Payment Date" 5 "Securities Act" 15 "Series C Preferred Exchange Ratio" 12 "Shareholder's Meeting" 35 "Specified Contracts" 23 "Surviving Corporation" 2 "Takeover Proposal" 49 "Tax" 22 "Tax Liability" 8 "Transaction Proposal" 37 "Unaudited Balance Sheet" 16 "Voting Stock" 52 AGREEMENT AND PLAN OF REORGANIZATION AGREEMENT AND PLAN OF REORGANIZATION, dated May 5, 1997 (the "Agreement"), among Medarex, Inc., a New Jersey corporation (the "Parent"), Medarex Acquisition Corp., a California corporation and a direct wholly-owned subsidiary of Parent ("Merger Sub"), and GenPharm International, Inc., a California corporation (the "Company").
Second Payment Amount means $144,000,000.
Second Payment Amount means $215,975,000.
Second Payment Amount means USD 50,407,418.37.
Second Payment Amount means the amount of (euro) 1,000,000 (One Million Euro) minus any Inventory Deficiency plus any Inventory Surplus.