Common use of Payment of Deferred Consideration Clause in Contracts

Payment of Deferred Consideration. On the tenth business day after each Report is delivered to the Acquiree Shareholders (or, if there is a dispute regarding any aspect of the Report, after such dispute is finally resolved), RCM shall deliver the applicable portion of the Deferred Consideration to the Acquiree Shareholders according to the Shareholder Percentages; provided, however, that in the event the NOI of Acquiree (as finally determined by agreement of the parties or pursuant to Section 2.4(d) hereof) is less than $1,000,000 for the applicable year, then the amount of the Deferred Consideration payable to Acquiree Shareholders for such year shall be reduced by $5.00 for each $1.00 that the NOI of Acquiree is less than $1,000,000.