Additional Consideration Payment definition
Examples of Additional Consideration Payment in a sentence
After calculating the total Additional Consideration Payments due under Section 3.5(a) for all Net Sales in the Territory, Jazz Pharmaceuticals shall determine the amount of Net Sales in Europe and the ROW and shall pay GGL [ * ] percent ([ * ]%) or [ * ] percent ([ * ]%) of such Net Sales in Europe and the ROW, as appropriate, at the Additional Consideration Payment level required by Section 3.5(a).
All Additional Consideration Payment Statements will be considered Jazz Pharmaceuticals’ Confidential Information under this Agreement, but GSK may disclose such Confidential Information in accordance with Section 11.2 or Section 11.3.
If the underpayment of Additional Consideration is greater than [ * ] percent ([ * ]%) of the Additional Consideration Payment determined by the Auditor to be payable to GSK, the reasonable fees and expenses charged by the Auditor will be paid by Jazz Pharmaceuticals; otherwise GSK will pay the reasonable fees and expenses charged by such Auditor.
Additional Consideration Payment obligations under this Agreement, stating in such report the number, description and Net Sales of Products sold or otherwise disposed of and on which an Additional Consideration Payment is payable hereunder that was not previously reported to GSK.
If no payment is due to GGL or SB for any Payment Period, the Additional Consideration Payment Statement will so state.
The Auditor will report to GSK only its conclusions as to whether Jazz Pharmaceuticals is in compliance with its Additional Consideration Payment obligations and the amount of any underpayment or overpayment, and such report and the conclusions contained therein will constitute Jazz Pharmaceuticals’ Confidential Information in accordance with Section 11.1.
Lancashire Introduction Accountant 3.2(b) Acquisition Introduction Acquisition Shares 6.7(b) Additional Cash Consideration 3.2(d) Additional Consideration 3.2 Additional Consideration Payment Date 3.2 Additional DPRC Shares 3.2(c) Affiliated Party(ies) 4.19 Agreement Introduction Ancillary Agreements 4.2 Board 8.5 Business Recital A C.
To the extent that the Company is not or would not be Solvent at such time, the Company shall not be obligated to pay such Additional Consideration Payment on its Payment Date.
The additional consideration to be received with respect to each share of Class A Outstanding Stock pursuant to Section 2.4(a), above, on an Additional Consideration Payment Date (the "Class A Additional Consideration") shall be an amount of DPRC Common Shares equal to the quotient obtained by dividing the number of the Additional DPRC Shares by the number of shares of the Outstanding Class A Stock.
The Company’s obligation to make an Additional Consideration Payment shall be conditioned on the Company being Solvent at the time of and assuming payment of an applicable Additional Consideration Payment.