Seller Payments definition

Seller Payments has the meaning set forth in Section 9.1(c).
View Source
Seller Payments has the meaning set forth in Section 3.4 of the Indenture.
View Source
Seller Payments has the meaning set forth in Section 12(e) below.
View Source

Examples of Seller Payments in a sentence

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice that separately states the following for the preceding month: (i) the Actual Output during this period; (ii) the monthly Lump Sum Payment for this period; and (iii) the monthly metering charge as set forth in Article 7 (Seller Payments) of this Agreement.

  • Buyer will be responsible for all payments, rebates, administrative fees or chargebacks due in connection with any and all sales of Products by or on behalf of Buyer, other than Seller Payments.

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice for the payment obligations incurred by Company and Seller during the preceding month pursuant to Article 4 (Compensation; Performance Metrics) and Section 5.2 (Sales of Electric Energy by Company to Seller; Seller Payments), together with all supporting documentation and calculations reasonably necessary to evidence all amounts charged thereunder.

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice that separately states the following for the preceding month: (i) the Actual Output during this period; (ii) the charge for electric energy purchased by Company, as set forth in Attachment J (Company Payments for Energy and Dispatchability) of this Agreement; (iii) the monthly Lump Sum Payment for this period; and (iv) the monthly metering charge as set forth in Article 7 (Seller Payments) of this Agreement.

  • Buyer and Seller agree that, for purposes of the calculation and payment of the Net Seller Payments pursuant to Section 2.08, the Pre-Tax Profit shall initially be determined using an estimated MSR Value equal to the fair market value of the MSR of applicable Mortgage Loans, as determined by Buyer in good faith.

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice that separately states the following for the preceding calendar month: (i) the Actual Output during the preceding calendar month; (ii) the monthly Lump Sum Payment for the preceding calendar month; and (iii) the monthly metering charge as set forth in Article 7 (Seller Payments) of this Agreement.

  • From and after the Effective Time, each Stock Certificate theretofore representing shares of Common Stock, the Company Options and the Company Warrant shall from and after the Effective Time represent for all purposes only the right to receive a portion of the Merger Consideration as described herein and such Other Seller Payments as described herein.

  • Subject to the terms and conditions of this Agreement, in consideration of the transfer of the Assets, Buyer shall pay to Seller Payments equal to $25,000 by (i) $21,010 payable in cash upon closing and (ii) $3,990 payable in 420,000 restricted Aptus warrants at a value of $ .0095 per warrant transferable at closing.

  • Parent shall have the right to offset the amount owed by the Sellers’ pursuant to this Section 10.3 for one-half of any Transfer Taxes against any amounts owed to the Sellers pursuant to this Agreement, including any portion of the Total Closing Merger Consideration, any Other Seller Payments and any Earnout Shares (or Cash Earnout Payment).

  • The purchase price for the Purchased Assets shall consist of (i) the Initial Cash Payment, (ii) the First Deferred Payment, (iii) the Second Deferred Payment, (iv) the Net Seller Payments, and (y) the Parent Shares (as such amount may be adjusted pursuant to Section 7.06, the “Purchase Price”).


More Definitions of Seller Payments

Seller Payments means the (i) the Closing Payment and (ii) the payments contemplated by Section 2.02(d)(vii)(A). “Spare Parts” means spare parts and spare equipment (including spare tail-end shaft(s) and/or spare propellers/propeller blade(s)), machinery, instruments, rigging, anchors, chains, cables, accessories, equipment, appliances, unused stores and provisions, and all other appurtenances associated with each Vessel, and in each case, whether existing on such Vessel or on shore. “Specified Amount” means $5,000,000. “Specified Closing Date Indebtedness” means the Indebtedness set forth on Section 1.01(SCDI) of the Sellers Disclosure Schedule, in each case, to be calculated as of immediately prior to the Closing. “Subject Agreements” means each of the Contracts set forth on Section 1.01(SA) of the Sellers Disclosure Schedule. “Subject Charter” means each of the ▇▇▇▇▇ ▇▇▇▇▇ Charter and Methane Princess Charter. “Subject Guarantee” means each of the Contracts set forth on Section 1.01(SG) of the Sellers Disclosure Schedule. “Subsidiary” when used with respect to any party, means any corporation, limited liability company, partnership, association, trust or other entity of which securities or other ownership interests representing more than fifty percent (50%) of the equity or more than fifty percent (50%) of the ordinary voting power (or, in the case of a partnership, more than fifty percent (50%) of the general partnership interests) are, as of such date, owned by such party or one or more Subsidiaries of such party or by such party and one or more Subsidiaries of such party. Notwithstanding anything to the contrary in the Agreement, the Excluded Entities shall be deemed not to be Subsidiaries of any Company Group Member.
View Source