Top-Up Payment definition

Top-Up Payment has the meaning set forth in Section 7.3(e)(ii).
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Top-Up Payment means A multiplied by B, where (i) = the amount of consideration or other transfer of value per share (whether described as such or not and including without limitation any payment or transfer of value which is described as compensation for or in respect of any loss, cost or liability) which is in excess of the Suggested Price paid or made
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Top-Up Payment means the Initial Investor Holder Top-Up Payment or the Other Dragged-Along Seller Top-Up Payment.
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Examples of Top-Up Payment in a sentence

  • The aggregate Initial Top-Up Payment may be paid by the Buyer, at its election, either in cash or by executing and delivering to the Company a promissory note having a principal amount equal to such payment, or by any combination of cash and such promissory note.

  • For the purposes of calculating any Top-Up Payment, the “Applicable Multiplier” shall mean 10%; provided, however, that if at any time Capital C Holdco and/or management (to the extent management has either purchased or received from Capital C Holdco its equity interests) owns less than 20% of the limited partnership interests in Capital C LP, then the Applicable Multiplier shall be reduced on a pro rata basis to reflect such reduced equity holdings.

  • A “Defaulting Series G RMB Investor” is any Series G RMB Investor who: (i) does not agree to a purchase agreement or other arrangement proposed to such Series G RMB Investor in connection with Section 11.6(b); or (ii) fails to pay its Top-Up Payment in accordance with Section 11.6(b).

  • If the Anniversary Date Dollar Value is less than the Target Dollar Value, then, within five Business Days after the first anniversary of the Closing Date, Parent shall pay to the Eligible Stockholders and the Note Holders their respective Pro Rata Portions of Top-Up Payment.

  • If the Buyer does not pay the Top-Up Payment by the Top-Up Deadline, the Seller shall, within [ * ] Business Days after the Top-Up Deadline, pay the FDA Milestone Payment to the Buyer.

  • If the Buyer does not pay the Top-Up Payment by the Top-Up Deadline, the Seller shall, within [ * ] Business Days after the Top-Up Deadline, pay the EMA Milestone Payment to the Buyer.

  • In the event that the calculation of the Top-Up Payment results in an amount that is less than zero, the amount of the Top-Up Payment shall be deemed to be zero.

  • AMREP shall make the Top-Up Payment in the amount specified by PBGC within ten (10) days of the date the PBGC notification is received by AMREP.

  • Employees who are in receipt of EI Sickness benefits shall receive a Supplemental Top-Up Payment of twenty-five percent (25%) of their daily wages and will continue to receive Health and Welfare Plan as outlined in Article 18.4.

  • If the Seller fails to pay such finally determined amount to the Purchaser within such fifteen (15) Business Day period, in addition to any other legal remedies available to the Purchaser, the Purchaser shall have the right to offset such unpaid amount against the Top-Up Payment.


More Definitions of Top-Up Payment

Top-Up Payment shall have the meaning set forth in Section 5.2.2 hereof.
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Top-Up Payment has the meaning set forth in section I.C. 1(a) of this Schedule.
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Top-Up Payment means the cash payment to be made by the Company to the Investor, which is equal to the amount by which (X) is greater than (Y), where (X) is equal to the Subscription Price of the applicable Top Up Eligible Shares multiplied by the number of Top Up Eligible Shares, and (Y) is equal to the Top Up Trigger Price;
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Top-Up Payment is defined in Section 5.12(a).
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Top-Up Payment means the Initial Investor Holder Top-Up Payment or the Other Dragged-Along Seller Top-Up Payment. “Trigger Effective Time” means the Conversion Effective Time, Call Effective Time or Forced Conversion Effective Time, as
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Top-Up Payment means the sum of (a) the Target Dollar Value minus the Anniversary Date Value plus (b) $1,454,545.45 minus the product of (i) the average closing price per share of the Parent Common Stock as reported on the NASDAQ Capital Market (or if shares of Parent Common Stock are not then listed on the NASDAQ Capital Market, the price per share shall be as reported on any national securities exchange or the over-the-counter-bulletin board) for the twenty (20) consecutive trading-day period ending on the trading day immediately prior to the first anniversary of the Closing Date and (ii) 205,761. Notwithstanding anything to the contrary contained herein, in no event shall the Top-Up Payment be greater than $4,791,673.94 in the aggregate.
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