Assignment Payment definition

Assignment Payment means Zero ($0.00), provided, however, that in the event CuraGen and ▇▇▇▇▇▇▇▇ or an entity owned or controlled by ▇▇▇▇▇▇▇▇ have failed to enter into a mutually satisfactory agreement on or before the date of the Property Closing pursuant to which ▇▇▇▇▇▇▇▇ or such an entity is engaged by CuraGen on a fee basis to develop and build improvements on the Property, "Assignment Payment" shall mean One Million Five Hundred Dollars ($1,500,000). The Assignment Payment shall be made by certified, cashiers or bank treasurer's check, or by wire transfer.
Assignment Payment means One Million Five Hundred Dollars ($1,500,000). The Assignment Payment shall be made by certified, cashiers or bank treasurer's check, or by wire transfer.
Assignment Payment means any payment received from the Product Supplier in connection with an assignment of the Master Power Supply Agreement to a replacement product supplier.

Examples of Assignment Payment in a sentence

  • The amount of the Assignment Payment determined as being due as a result of the assignment shall be payable within five Business Days following the Assignment Date.

  • Each of the following, at Lender's option, shall constitute an Event of Default under this Assignment: Payment Default.

  • The amount of the Assignment Payment determined in accordance with paragraph (b) of this Section 2.01 and the Settlement Amount determined in accordance with this paragraph (c) shall be payable on a net basis within five Business Days following the Assignment Date.

  • As consideration for such Assignment, Assignee shall pay Assignor the amount on the signature page hereof being the "Assignment Payment." As part of the Debt assignment, Assignor shall transfer all related supportive documents to the Assignee and all UCC and other financing rights, but in no event is the Assignee required to investigate or verify the Debt or supportive documents since it is a commercial representation by the Assignor that the Debt is real and support is true and complete.

  • In consideration for the Assignment Payment, Assignee expressly accepts the assignment set forth in the preceding sentence for the relevant Assignment Period and hereby assumes all of Assignor’s liabilities, obligations, taxes and contractual commitments as Purchaser under and/or pertaining to the Assigned Contracts (except for any reactive power revenues and/or rights associated with the Assigned Contract) to the extent arising out of such Assignment Period.

  • Assignee further acknowledges that the AS-IS nature of the transaction and that the other terms and conditions described in this Section have been taken into account in the establishment of the Assignment Payment.

  • As consideration for the sale and assignment contemplated in Section 1 hereof, the Assignee shall pay to the Assignor on the date hereof in federal funds an aggregate amount equal to the aggregate amount specified on, or calculated as provided on, Schedule 1 hereto (the "Aggregate Assignment Payment").

  • The ▇▇▇▇▇▇▇ Money shall be applied as a credit to the Assignment Payment at Closing.

  • As of the Assignment Effective Date, subject to the terms of Section 7.3 of the RPA, in consideration for payment of the Assignment Payment and other agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, all of the Assignor’s right, title and interest in, to and under the Assigned Interest.

  • The parties hereto agree and acknowledge that as a result of the Venture Distribution, as of the Closing, for all purposes under the Venture Agreement, each party will be deemed to have received cash distributions equal to (i) in the case of Assignor, an amount equal to the Assignment Payment plus any cash distributions made to Assignor pursuant to Section 20(c) above (collectively, the “Deemed Distribution”), and (ii) in the case of the ACC Member, an amount equal to one-ninth of the Deemed Distribution.


More Definitions of Assignment Payment

Assignment Payment has the meaning given in clause 6.11.6(b)(ii);
Assignment Payment means the sum of the Formula Price and the Assignment Lump Sum Amount; and further provided that, the term "Assignment Payment" means, for purposes of Section 4.1 hereof, an amount equal to the Appraised Value.
Assignment Payment means, for purposes of Sections 3.1 and 4.2 hereof, an amount equal to the sum of (i) the Formula Price plus (ii) the Assignment Lump Sum Amount, less (iii) the Limited Partner Share of Agreed Value; provided, however, that if any of the events described in clause (i) of the definition of Put Option Event in the Master Restructuring Agreement occurs prior to the purchase by KB of the shares of KBI Sub pursuant to the Put Option (as defined in the Master Restructuring Agreement), whether such event occurs before or after the occurrence of any other event that constitutes a Put Option Event, and KB has purchased the shares of KBI Sub pursuant to the Put Option, then the term "Assignment Payment" means an amount equal to the greater of (A) the Minimum Amount plus the Assignment Lump Sum Amount minus the Fourth Tier Component plus the Factor Amount and (B) the product of (i) the Average Annual KBI Products Contingent Amount multiplied by (ii) the applicable Multiple plus the Assignment Lump Sum Amount plus the Factor Amount; provided, further, that if none of the events described in clause (i) of the definition of Put Option Event set forth in the Master Restructuring Agreement has occurred prior to the purchase by KB of the shares of KBI Sub pursuant to the Put Option, whether before or after the occurrence of any other event that constitutes a Put Option Event, and KB has purchased the shares of KBI Sub pursuant to the Put Option, then the term "Assignment Payment" shall mean the sum of the Formula Price and the Assignment Lump Sum Amount; and further provided that, the term "Assignment Payment" means, for purposes of Section 4.1 hereof, an amount equal to the Appraised Value.
Assignment Payment means an amount equal to the greater of (A) the Minimum Amount plus the Assignment Lump Sum Amount minus the Fourth Tier Component plus the Factor Amount and (B) the product of (i) the Average Annual KBI Products Contingent Amount multiplied by (ii) the applicable Multiple plus the Assignment Lump Sum Amount plus the Factor Amount; provided, further, that if none of the events described in clause (i) of the definition of Put Option Event set forth in the Master Restructuring Agreement has occurred prior to the purchase by KB of the shares of KBI Sub pursuant to the Put Option, whether before or after the occurrence of any other event that constitutes a Put Option Event, and KB has purchased the shares of KBI Sub pursuant to the Put Option, then the term "Assignment Payment" shall mean the sum of the Formula Price and the Assignment Lump Sum Amount; and further provided that, the term "Assignment Payment" means, for purposes of Section 4.1 hereof, an amount equal to the Appraised Value.
Assignment Payment means, for purposes of Section 4.1 hereof, an amount equal to the Appraised Value.
Assignment Payment means [ ].

Related to Assignment Payment

  • Assignment Amount with respect to a Bank Investor shall mean at any time an amount equal to the lesser of (i) such Bank Investor's Pro Rata Share of the Net Investment at such time and (ii) such Bank Investor's unused Commitment.

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Assignment Agreement means an Assignment and Assumption Agreement substantially in the form of Exhibit E, with such amendments or modifications as may be approved by Administrative Agent.

  • Assignment Taxes has the meaning set forth in Section 3.01(b).