Seller Payment definition

Seller Payment is defined in Section 2.6.1.
Seller Payment means, for any Applicable Year, an amount equal to the Shortfall for such Applicable Year multiplied by $350.
Seller Payment shall have the meaning set forth in Section 9.07.

Examples of Seller Payment in a sentence

  • Therefore the Buyer shall timely pay, within the term provided under Section 5.2 hereof, the difference in amount, if any, between the Second Consideration and the Seller Payment Amounts.

  • Setup Fee: Seller to pay all Buyer to pay all Seller/Buyer to split equally Other Addendum for Reserves attached or, Passthrough to Seller Payment Service Fees: Seller to pay all Buyer to pay all Seller/Buyer to split equally Other Paper payment receipts (email no charge) to Buyer Paper payment notices (email no charge) to Seller Other: Unless otherwise specified above, all miscellaneous fees shall be assessed to the party responsible for incurring same.

  • If Issuer elects for Seller to settle an Seller Payment Amount in Shares or Alternative Delivery Property, then on the date such Seller Payment Amount is due, a Settlement Balance shall be established with an initial balance equal to the Seller Payment Amount.

  • For the avoidance of doubt, no Seller Payment shall be made by the FCT unless the outstanding principal amount of all FCT Notes issued by the FCT has been reduced to zero.

  • No Stockholder shall be entitled to any portion of the Merger Consideration pursuant to Section 2.8 or any Other Seller Payment until such holder delivers a duly executed Letter of Transmittal and surrenders such holder’s Stock Certificate or Stock Certificates or delivers a Lost Certificate Affidavit as provided in this Section 3.2.


More Definitions of Seller Payment

Seller Payment has the meaning set forth in Section 2.7(e).
Seller Payment means any amount payable by any of the Sellers (or any of their connected persons) to the Buyer or any other members of the Buyer’s Group under or in connection with any of the Transaction Documents except in connection with a Relevant Claim;
Seller Payment means $74,500,000 plus the First ESOP Supplement, plus the Second ESOP Supplement.
Seller Payment is defined in Section 1.3.
Seller Payment means a payment representing an amount (calculated on an after Tax basis (other than with respect to the Divestiture Incentive Plans)) in respect of (i) the Seller Retention Plan Amount and/or (ii) any employer social security contributions arising in connection with the Seller Retention Plan Amount;
Seller Payment is defined in Section 30(a).
Seller Payment means the Sales Proceeds, less Fees and other amounts owed to MDG.