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Beyond the initial payment of $350 million, Verinata shareholders will be eligible to receive up to an additional $100 million in milestone payments through 2015.
What this means is that you can use the payment element of Readability without having to really use Readability at all (beyond the initial payment set up).
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The initial payment would cut Lilly's earnings in the fourth quarter by 2 cents a share.
Swiss banks would make the initial payment and then recoup it from their German clients.
All payments after the initial payment are requested using the AdditionalPaymentRequest message.
What stops buyers is that the initial payment is some 20% lower than a flat-payment annuity would render.
Taking an adjustable solely because of the lower initial payment is risky because of the potential for sizeable payment increases.
Financial compensation may take many forms including the initial option payment, bonus payments at signing, installment payments during the construction process, and royalty and electrical production payments.
The company would make an initial payment of $400 million, the people said.
Argento began paying out the settlement in April, making an initial payment of $200,000, the Times reports.
The club received an initial payment of £18m, with a guaranteed minimum annual royalty of £3m.
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