Sentences with phrase «earnouts based»
Insisting on a series of earnouts based on sales reduces risk.
https://www.breakingviews.com/
CB&I received no upfront payment for the sale of the nuclear construction business, but stood to receive earnouts based on the progress of the completion of two U.S. projects by Stone & Webster: a nuclear power plant in Georgia for Southern Co and two reactors in South Carolina for SCANA Corp (scu).
The lender provided an initial loan of $ 9.6 million for renovation and an earnout based upon renovation and leasing of the center.
Not exact matches
STOCKHOLM — June 30, 2017 — Paradox Interactive is pleased to announce it has acquired game developer Triumph Studios and all its assets for a total cash consideration of $ 4 million, plus a performance - based earnout of up to $ 21 million, to be paid out over several years.
The LIBOR - based variable - rate financing represents 80 % of the purchase price and includes an earnout component.
The borrowers, Lockerbie Vermont LLC and New York Street Associates, both based in Indianapolis, received initial funding of $ 8.4 million with the balance available for tenant improvements and future earnouts.