Additional Consideration Amount definition
Examples of Additional Consideration Amount in a sentence
The Parties understand and agree that the First Additional Bonus Amounts payable hereunder shall be deducted from the amount of 1st Additional Consideration Amount available for distribution to the Sellers pursuant to Section 1.3(a)(iii) of the Purchase Agreement.
The Parties understand and agree that the Second Additional Bonus Amounts payable hereunder shall be deducted from the amount of 2nd Additional Consideration Amount available for distribution to the Sellers pursuant to Section 1.3(a)(iv) of the Purchase Agreement.
Within ten (10) Business Days thereafter, Buyer shall pay or cause to be paid to the Paying Agent the Additional Consideration Amount for further distribution to each of the Securityholders their respective portion of the Additional Consideration Amount, less any applicable Taxes and amounts required to be withheld pursuant to Section 2.4, all in accordance with the Updated Consideration Spreadsheet.
The excess above $1,600,000 shall be multiplied by 4 and divided by 2 each year to calculate the "Additional Consideration Amount." Twenty-five percent (25%) of the Additional Consideration Amount shall be paid by SurgiCare in cash.
The Parties hereby acknowledge and agree that an amount equal to $310,000,000, the purchase price to be paid by DRI to ExxonMobil for the ▇▇▇▇▇▇▇ Interest under the ▇▇▇▇▇▇▇ Agreements (the “▇▇▇▇▇▇▇ Purchase Price”), is being subtracted from the Second Closing Additional Consideration Amount pursuant to Section 3.1 hereof in satisfaction of DRI’s obligation to pay the ▇▇▇▇▇▇▇ Purchase Price under the ▇▇▇▇▇▇▇ Agreements.