Share of Net Consideration definition

Share of Net Consideration means the respective percentage allocated to each Party of Net Consideration, as set forth in the Transaction Terms.
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Examples of Share of Net Consideration in a sentence

  • The Institutions expect to share net consideration under the Definitive IIA in proportion to each Institution’s Share of Net Consideration set forth in the table above.

  • With such report, the Lead Institution will deliver to the Other Institution(s) the Share of Net Consideration for the Other Institution(s) as shown in said calculations, if any.

  • Lead Institution will permit a certified public accountant engaged by an Other Institution or a state auditor (if the Other Institution is a state government institution) to audit Lead Institution’s books and records related to the License Consideration and the calculation of the Net Consideration and the Share of Net Consideration, subject to the accountant or auditor entering into appropriate confidentiality restrictions as permitted by law.

  • There will be no change in each Party’s Share of Patent Expenses or Share of Net Consideration as a result of a change in Lead Institution.” 11 The Model IIA gives the Lead Institution authority to sign the License Agreement without the need for signature by the Other Institutions.

  • Lead Institution [Lead Institution name and address] Attn: Other Institution(s) [Other Institution name and address] Attn: Effective Date , 201 Joint Invention Internal Reference No. Serial No./Date of Filing Title Inventors (including employer at time of invention) Share of Patent Expenses [Name of Lead Institution]: % [Name of Other Institution]: % Share of Net Consideration [If same as above, state “Same as Share of Patent Expenses”.

Related to Share of Net Consideration

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Option Consideration has the meaning set forth in Section 2.3(a).

  • Base Consideration has the meaning set forth in Section 2.2.

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.