Third Payment definition

Third Payment as defined in Section 2.6(b).

Third Payment shall have the meaning specified in Section 2.1 herein.

Third Payment has the meaning specified in Section 3.4(c).

Examples of Third Payment in a sentence

• In the event that the balance in the Settlement Account subsequently falls below two million U.S. dollars ($2,000,000.00) more than six (6) months before the Third Payment or the Fourth Payment is due, the NCAA shall deposit or cause to be deposited into the Settlement Account such amount as necessary to bring the balance to two million U.S. dollars ($2,000,000.00) within thirty (30) Days’ notice from the Program Administrator to the NCAA and its counsel that such payment is necessary (“Early Payment”).

• Any Early Payments made by the NCAA or its insurers before the Third Payment is due shall be deducted from the amount due for the Third Payment.

• Failure of Aviza to provide such rejection notice in the Acceptance Period shall be deemed acceptance of the Developed Software and the satisfaction by Trikon of the Third Payment Milestone.

• If any distributable balance remains in the Net Settlement Fund by reason of uncashed 26 checks or otherwise one year after the distribution of the Endo Third Payment, then— 27 subject to paragraph 22—that balance shall be redistributed on a pro rata basis among 28 4 1 those Eligible Claimants who have cashed their checks and who would receive at least 2 $50.00 from the redistribution, after payment of any additional costs or fees incurred in 3 administering the Net Settlement Fund for the redistribution.

• Third Payment The Third Payment will be an amount equal to (To be paid by August 15 65% of the Purchase Price (based upon the following delivery) Final Price announced on March 31), minus the cumulative amount paid in the First and Second Payments.

More Definitions of Third Payment

Third Payment. Section 2.5(a)(iii) “Training Event” Section 3.2(d)(vi) “Transaction” Recitals

Third Payment. Liberty currently intends, following the closing of the Second Offering, to conduct a public offering or offerings and sale of its equity securities and otherwise arrange a debt and/or equity package, which raises the money necessary to build the Ethanol Refinery (herein collectively called the “Public Offering”). Liberty shall pay to REC, as Trustee, ten percent (10%) of the gross cash proceeds received by Liberty in the Public Offering, up to a maximum amount of $350,000 plus the amount by which the aggregate amount paid by Liberty to the REC Parties under paragraph 3(b) above was less than $150,000. Such money shall be payable only when, as, and if Liberty closes the Public Offering. Counsel for Liberty shall keep counsel for REC Parties reasonably informed of the commencement of the Public Offering and its anticipated closing, including updates if events materially alter anticipated timetables previously given.

Third Payment means $40,000,000, which shall be paid by the Purchasers on the Third Purchaser Payment Date in accordance with Section 2.03(a)(iii).

Third Payment. [*], paid in the second year of this Agreement, which shall be due within thirty (30) days of the one year anniversary of the Effective Date; and

Third Payment means $50,000,000, which shall be paid by the Purchasers on the Third Purchaser Payment Date in accordance with Section 2.03(a)(iv).

Third Payment has the meaning set forth in Clause 3.2.3;

Third Payment has the meaning given thereto in Article 3.1(c).