Timing of Payment of Earn-out Payments Sample Clauses

Timing of Payment of Earn-out Payments. Subject to Section 3(e), each Earn-out Payment that Buyer is required to make pursuant to Section 3(c) hereof shall be paid in full no later than [*] business days following the date upon which Buyer receives any of the payments specified therein pursuant to the Organon License.

Timing of Payment of Earn-out Payments. Subject to Section 2.07(f), any Earn-out Payment that Buyer is required to pay pursuant to Section 2.07(a) hereof shall be paid in full no later than five (5) Business Days following the date upon which the determination of Revenue for the applicable Calculation Period becomes final and binding upon the parties as provided in Section 2.07(b)(ii) (including any final resolution of any dispute raised by Seller in an Earn-out Calculation Objection Notice). Buyer shall pay to Seller the applicable Earn-out Payment in cash by wire transfer of immediately available funds.

Timing of Payment of Earn-out Payments. Subject to Section 2.08(f), any Earn-out Payment that Buyer is required to pay pursuant to Section 2.08(b) or (c) hereof shall be paid in full no later than 30 days following the date upon which the determination of EBITDA for the applicable Calculation Period becomes final and binding upon the parties as provided in Section 2.08(c) (including any final resolution of any dispute raised by Seller in an Earn-out Calculation Objection Notice). All Deferred Payments shall be made in immediately available funds to the Sellers' Accounts of the Sellers entitled to such payments.

Timing of Payment of Earn-out Payments. (i) No later than 10 business days following the date of determination of each Final Adjusted EBITDA (including any final resolution of any dispute raised by Seller in an Earn-out Calculation Objection Notice, but excluding any changes resulting from Seller’ disputes over Buyer’s compliance with Section 1.04(e), which shall be resolved in accordance with Section 7.11 and shall not affect the timing of the payment referenced in this Section 1.04(d)), the corresponding Earn-out Payment that Buyer is required to pay Seller pursuant to Section 1.04(b) hereof shall be paid to Seller in full, in cash by wire transfer of immediately available funds to the applicable Seller Bank Account. (ii) Each Balloon Payment, if any, shall be paid to the Seller in full no later than the Balloon Payments Date, in either (i) in cash by wire transfer of immediately available funds or (ii) at Buyer’s discretion and conditioned upon compliance with NASDAQ Market Place Rule 5635 or other principal market or regulatory requirements, in CUI Common Stock, valued at the per share price equal to the average closing price per share of the CUI Common Stock during the 30 days immediately preceding the Balloon Payment Date, in an amount equal to such Balloon Payment.

Timing of Payment of Earn-out Payments. Any Earn-out Payment that Buyer is required to pay shall be paid to the Shareholders in full no later than forty-five (45) calendar days following the end of Hurdle Measurement Period (the “Earn-Out Payment Date”). Buyer shall pay to the Shareholders the Maximum Earn-out Payment or Pro-Rata Earn-Out Payment (whichever is applicable) in cash by wire transfer of immediately available funds to the bank account for the Shareholders set forth in Section 1.03 of the Disclosure Schedule.

Timing of Payment of Earn-out Payments. Any Earn-Out Payment that Buyer is required to pay pursuant to Section 2.4(a) hereof shall be paid in full no later than five (5) days following the date upon which the determination of Net Profits for the applicable Calculation Period becomes final and binding upon the parties as provided in Section 2.4(b)(ii) (including any final resolution of any dispute raised by Seller in an Earn-Out Calculation Objection Notice).

Timing of Payment of Earn-out Payments. Subject to Section 2.06(e), any Earn-out Payment that Buyer is required to pay pursuant to Section 2.06(a)(i) hereof shall be paid in full to Sellers no later than two Business Days following the date upon which the determination of the Earn-out Payment for the applicable Calculation Period becomes final and binding upon the parties as provided in Section 2.06(b)(ii) (including any final resolution of any dispute raised by Seller’s Representative in an Earn-out Calculation Objection Notice). For purposes of clarification, Buyer may pay or cause to be paid the Earn-out Payment for any Calculation Period (as reflected in the Earn-out Calculation Statement) at any time on or after the Earn-out Calculation Delivery Date. Buyer shall deliver to each Seller its portion of the applicable Earn-out Payment determined based on such Seller’s Allocation Percentage, by wire transfer of immediately available funds to the account or accounts designated by such Seller.

Timing of Payment of Earn-out Payments. Any Earn-Out Payment (less any applicable Earn-Out Transaction Expenses deducted pursuant to Section 2.12(c)) that the Purchaser is required to pay pursuant to this Section 2.12 shall be paid to the Company Equityholders, in the manner specified in Section 2.13, no later than fifteen (15) Business Days following the applicable Earn-Out Determination Date.

Timing of Payment of Earn-out Payments. Subject to Section 2.06(f), any Earn-Out Payment that Buyer is required to pay pursuant to Section 2.06(a) hereof shall be paid in full no later than ten (10) Business Days following the date upon which the determination of Earn-Out Revenue for the applicable Calculation Period becomes final and binding upon the Parties as provided in Section 2.06(b) (including any final resolution of any dispute raised by the Seller Representative in an Earn-Out Calculation Objection Notice). Buyer shall pay to the Seller Representative (on behalf of and for distribution by the Seller Representative to the Sellers) the applicable Earn-Out Payment in cash by wire transfer of immediately available funds to an account or accounts designated by Seller Representative. Any Earn-Out Payment that is not timely made as set forth in this Section 2.06(d) shall accrue interest from the due date of such payment (as determined in accordance with this Section 2.06(d)) at a rate per annum equal to 12%.