Amount of Additional Consideration Clause Samples

Amount of Additional Consideration. Buyer agrees, subject to the terms, conditions and limitations set forth in this Agreement to pay to or for the account of each of the Creditors the Debt Payoffs as described in Section A of Exhibit A (as amended per the terms thereof) hereto.
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Amount of Additional Consideration. The Authority shall pay the Navy 2 additional consideration consisting of (1) 100% of Net Cash Flow generated by the Project in 3 excess of a Developer 18% IRR until the Navy has received Fifty Million Dollars 4 ($50,000,000) (the “First Tier Participation”), as more fully described below; and (2) 35% of 5 Net Cash Flow generated by the Project in excess of a Developer 22.5% IRR (the “Second 6 Tier Participation”), as more fully described below. The First Tier Participation and Second 7 Tier Participation are collectively referred to herein as the “Additional Consideration.” 8 Payments of Additional Consideration may be made directly by the Developer on behalf of the 9 Authority to the Navy. 10
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Amount of Additional Consideration. If, upon any Valuation Event, the Equus Group's IRR on the Equus Group Investment: (i) exceeds 40% but is less than 50%, then Seller shall receive 42% of the Proceeds (as hereinafter defined) causing such IRR to be in excess of 40% but less than 50%; and (ii) exceeds 50%, then in addition to the Proceeds to which Seller is entitled under paragraph (b)(i) above, Seller shall receive 49% of the Proceeds causing the Equus Group's IRR to be greater than 50%.
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Related to Amount of Additional Consideration

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • No Additional Consideration For the avoidance of doubt, the transfer of any Assets under this Section 2.8 shall be effected without any additional consideration by either party.

  • Amendments; Waivers; No Additional Consideration No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Shareholders. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of any Party to exercise any right hereunder in any manner impair the exercise of any such right.

  • Additional Considerations For FEMA’s Assistance to Firefighters Grant (AFG) Program, recipients must include a penalty clause in all contracts for any AFG-funded vehicle, regardless of dollar amount. In that situation, the contract must include a clause addressing that non-delivery by the contract’s specified date or other vendor nonperformance will require a penalty of no less than $100 per day until such time that the vehicle, compliant with the terms of the contract, has been accepted by the recipient. This penalty clause should, however, account for force majeure or acts of God. AFG recipients should refer to the applicable year’s Notice of Funding Opportunity (NOFO) for additional information, which can be accessed at ▇▇▇▇.▇▇▇.

  • Payment of Additional Costs If termination of this contract is due to the failure of the Engineer to fulfill its contract obligations, the State may take over the project and prosecute the work to completion, and the Engineer shall be liable to the State for any additional cost to the State.