Third Payment Date definition

Third Payment Date as defined in Section 2.6 (b).
Third Payment Date means, subject to the provisions of Article 3 of this Agreement, the date on which the Third Payment is made by Parent, which shall be within ten (10) Business Days following the determination of the Earnout Amount in accordance with Article 3.
Third Payment Date has the meaning set forth in Section 2.2.

Examples of Third Payment Date in a sentence

  • The "Conversion Price" shall mean the average closing market price per share of Common Stock for the twenty (20) trading days ending on the seventh (7th) trading day preceding the applicable Payment Date, as reported by the Wall Street Journal; provided, however, with respect to all Payment Dates other than the Third Payment Date, in no event shall the Conversion Price be less than $4.00 per share.

  • An additional third purchase price (the Third Purchase Price), if any, shall amount up to USD 5 (five) million and shall be paid at the Third Payment Date in accordance with the calculation principles, the allocation schedule and the payment terms and conditions outlined in EXHIBIT 2.3. The Parties explicitly agree and confirm that the claim for the Third Purchase Price shall become existent (entstehen) not prior to the Third Payment Date.

  • Any certificate representing shares of Parent Common Stock issuable on the Third Payment Date shall be delivered to the former Optionholders and former Warrantholder as promptly as practicable following the determination of the Earnout Amount in accordance with Article 3, subject to Article 11.

  • Mr. Stempeck asked a question regarding companies who could outsource this for RMLD and the depreciation of the equipment.

  • DYN shall use the proceeds from such sale or project financing, less related fees and expenses, to satisfy its obligations under Section 2.19.2. Notwithstanding the foregoing, if DYN does not enter into a definitive agreement relating to the sale of ICC on or prior to the Third Payment Date, DYN shall use its commercially reasonable efforts to pursue a project financing of ICC and shall use the proceeds of such project financing, less related fees and expenses, to fund the Purchase Price.


More Definitions of Third Payment Date

Third Payment Date means the Payment Date falling during the third Financial Year starting after Commercialization.
Third Payment Date means September 30, 2022.
Third Payment Date has the meaning set forth in clause (iii) of Subsection 1.2(a) of this Agreement.
Third Payment Date means the date that is the first Business Day following the date that is four (4) years after the Enactment Date;
Third Payment Date means the twenty-first Business Day following the agreement of the Total Trading Return in respect of the Second Period with the external actuaries (as referred to in paragraph 1.6 of schedule 3 to the First Pool Members Agreement) or such later date as may be agreed pursuant to the Original SPA; Total Trading Return shall mean, in respect of either of the First or Second Period, the total trading return as such term is defined in paragraph 1.5 of schedule 3 to the First Pool Members Agreement and in respect of the Third Period, the total trading return as such term is defined in paragraph 3.2 of schedule 3 to the Second Pool Members Agreement;
Third Payment Date means the business day on which Systemax issues its earnings press release for the fourth quarter and fiscal year ended December 31, 2018.
Third Payment Date means the first anniversary of the Effective Date of this Agreement.