Upfront Consideration definition

Upfront Consideration has the meaning given to it in clause 3.2;
Upfront Consideration is defined in Section 2.2.
Upfront Consideration means the non-refundable, non-creditable amount of $5,000,000, $2,000,000 of which is designated as the “NDA Payment.”

Examples of Upfront Consideration in a sentence

  • In the event that the total aggregate amount of the NIAID Payments payable by Purchaser under this Section 1.05 is less than the amount of the Upfront Consideration, then, notwithstanding anything in this Agreement to the contrary, the amount of the difference shall be creditable against Purchaser’s payment obligations under Sections 1.03 and 1.04 above.

  • In total, $225 million of the Upfront Consideration was funded under an acquisition facility agreement (the “Acquisition Facility”) with Teranga’s existing lender, Taurus Funds Management Pty Ltd.

  • The Additional Upfront Consideration shall not be refundable or creditable against any future payments by Takeda to Denali under this Agreement.

  • Buyer, together with Guarantor, has sufficient available funds to pay the Upfront Consideration and the Reimbursement Amounts payable pursuant to Section 2.19 and to fund the Development and Commercialization efforts detailed in the Commercialization Framework.

  • The balance of the Upfront Consideration was funded by Teranga through a public equity offering (the "Offering") and private placement to Tablo Corporation, an entity controlled by David Mimran, a director of the Company (the "Private Placement").


More Definitions of Upfront Consideration

Upfront Consideration has the meaning ascribed to such term in Section 1.02.
Upfront Consideration means the Upfront Cash Consideration and the Upfront Stock Consideration.
Upfront Consideration means the amount provided in clause 3.12.1 hereof, which is payable at the time of the Financial Closing.
Upfront Consideration means any Consideration paid pursuant to Section 1.2(c) or 1.8 of the Transaction Agreement.
Upfront Consideration means an amount equal to (x) $110,700,000 less (y) the sum of (i) the Working Capital Deficit, (ii) the Excess Third Party Expenses, (iii) $130,000 payable to NewWest Mezzanine Fund LP, pursuant to the Amendment to Warrant Agreement dated November 21, 2003 and (iv) the 280G Adjustment Amount to the extent required pursuant to Section 5.1 hereof.
Upfront Consideration means 82.5% of the Net Transaction Amount; less (i) 82.5% of the Disbursement Amount and (ii) the Stockholder Escrow Amount.
Upfront Consideration has the meaning set forth in Section 2.5