Second Tranche Consideration definition

Second Tranche Consideration means a sum equivalent to 20% of (2 x NPAT2020). The First Tranche Consideration payable to Mr Tan shall be subject to a maximum cap of RM800,000 and the Aggregate Consideration payable to Mr Tan shall be subject to a maximum cap of RM3,000,000. The Aggregate Consideration payable to Mr Tan is as follows:-
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Second Tranche Consideration means a sum equivalent to 5% of (2 x NPAT2020). The First Tranche Consideration payable to Mr Wong shall be subject to a maximum cap of RM200,000 and the Aggregate Consideration payable to Mr Wong shall be subject to a maximum cap of RM750,000 and is payable as follows:-
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Second Tranche Consideration means an amount in U.S. Dollar cash equal to US$1,000,000,000, as may be adjusted pursuant to Section 6.7.
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Examples of Second Tranche Consideration in a sentence

  • If the Transition Services Agreement has not been executed and delivered at the Closing by the parties thereto, then, unless the Buyer and the Seller shall agree in writing otherwise, the Second Tranche Consideration shall be reduced by an amount equal to US$30,000,000, and such reduction shall be deemed to have taken place immediately prior to the Closing.

  • The aggregate consideration for the sale and purchase of the Sale Shares (the “Consideration”) shall be a cash amount in U.S. Dollar equal to the sum of the First Tranche Consideration, the Second Tranche Consideration, the Third Tranche Consideration and the Fourth Tranche Consideration, in each case, as determined, adjusted and paid in accordance with the terms and conditions herein.

  • Any adjustment to the Second Tranche Consideration made pursuant to this Section 6.7 shall be treated as an adjustment to the Consideration for all Tax purposes unless otherwise required by any applicable Law.

  • The Second Tranche Consideration of $44.4 million, which was paid in a combination of cash and the Company’s common stock, has been recorded as goodwill.

  • Upon the earlier to occur of [***] Parent shall deliver to Seller the Second Tranche Consideration.

  • For the avoidance of doubt, the amount of any Gross Closing Consideration or Total Closing Consideration, as applicable, otherwise distributable to each holder of Seller’s outstanding Preferred Shares in an Equityholder Distribution shall be reduced by the amount of the Second Tranche Consideration allocated to such holders of Preferred Shares, and such amount shall instead be ratably allocated among the other Equityholders entitled to such distribution.


More Definitions of Second Tranche Consideration

Second Tranche Consideration means the sum of the Second Tranche Escrow Consideration and the Earn Out Consideration, if any, both of which are terms as defined hereinafter.
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Second Tranche Consideration means the number of Second Tranche Shares multiplied by the Share Price;
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Second Tranche Consideration means the amount of USD1,500,000;
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Second Tranche Consideration means the sum of $375,000,000/- (USD Three Hundred and Seventy Five Million Only) payable on Second Closing Date.
Sample 1
Second Tranche Consideration means [***].
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Related to Second Tranche Consideration

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.

  • Earnout Consideration has the meaning specified in Section 2.08(a).

  • Share Consideration has the meaning given to it in Section 2.2;

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.