Consideration and Adjustment Sample Clauses
The 'Consideration and Adjustment' clause defines how the parties will address changes in the value or terms of their agreement after it has been executed. Typically, this clause outlines the process for reviewing and modifying payment amounts, deliverables, or other contractual obligations in response to unforeseen circumstances, such as changes in market conditions or project scope. Its core function is to provide a structured mechanism for adapting the contract to evolving situations, thereby reducing disputes and ensuring fairness for both parties.
Consideration and Adjustment. Consideration for the Shares
3.1 Subject to any adjustment pursuant to clauses 3.4, 3.5 and 3.6, the consideration for the sale of the Shares shall be as follows:
3.1.1 for the Communications Shares:
(a) €320,784,186 (three hundred and twenty million, seven hundred and eighty four thousand, one hundred and eighty six euro) (the “Communications Consideration”); and
(b) the assumption by the Buyer of the Holdings Debt under the terms of the Novation Agreement; and
3.1.2 for the Networks Shares: €1,938,000 (one million nine hundred and thirty eight thousand euro) (the “Networks Consideration”), (the Communications Consideration and the Networks Consideration together being the “Consideration”).
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Consideration and Adjustment. 3.1 The consideration for the sale of the Shares shall be as follows:
3.1.1 for the NatTrans Shares: £1,260,000,000 (ONE BILLION TWO HUNDRED AND SIXTY MILLION POUNDS STERLING) (the “NatTrans Consideration”); and
3.1.2 for the Digital Shares: £10,000,000 (TEN MILLION POUNDS STERLING) (the “Digital Consideration”), (the NatTrans Consideration and the Digital Consideration together being the “Initial Consideration”).
Consideration and Adjustment. Purchase Price
2.2.1 The purchase price shall be equal to USD 2,300,000 plus current assets and less current liabilities - excluding all CME related liabilities - stated in the Closing Balance Sheet and less the Severance Payment Compensation("Purchase Price"). The Parties jointly established the Purchase Price in accordance with the above described calculation and included it in a closing certificate attached hereto in Annex 9.
Consideration and Adjustment. Subject to the prior satisfaction of the Conditions Precedent, the parties will and will procure that their relevant Affiliates enter into and complete in the following order:
Consideration and Adjustment