Examples of Adjustment Sum in a sentence
The purpose of including the Adjustment Sum is to reflect the actual consideration payable to the Vendor based on the Offer Price achieved in the Global Offering.
In the event that the extension of up to 2032 for the BOT AP is not obtained, the Medan Fair Vendor agrees to pay the Purchaser the Medan Fair Adjustment Sum (as defined herein) and the Medan Fair Adjustment Sum shall be set-off against the purchase consideration for the Medan Fair Extension.
After such acquisition, Holding SPV will cease to be a subsidiary of the Company, and Regal REIT will own the Initial Hotel Properties through the wholly-owned subsidiaries of Holding SPV.Consideration and completionThe aggregate consideration for the acquisition of the entire issued share capital of Holding SPV and the Promissory Notes, subject to the Adjustment Sum, is expected to be not less than HK$12.5 billion.
Accordingly, the price-to-book ratio (“PBR”) at which the Initial Hotel Properties are transferred to Regal REIT will be no less than approximately 0.87 times, subject to the Adjustment Sum based on the Offer Price achieved in the Global Offering.
The aggregate consideration for the acquisition of the entire issued share capital of Holding SPV and the Promissory Notes, subject to the Adjustment Sum, is expected to be not less than HK$14 billion.
The purpose of including the Adjustment Sum is to reflect the actual consideration payable to the Vendor based on the level of the Offer Price achieved in the Global Offering.
The inventory adjustment rate is determined as follows: Gross Inventory Adjustment: (Sum of inventory gains + absolute inventory losses / Average Value of Inventory) X 100.
The completion of the Medan Fair Extension Transfer is conditional upon, among others, the receipt by LMIR Trust of the Medan Fair Adjustment Sum.
After such acquisition, Holding SPV will cease to be a subsidiary of the Company, and Regal REIT will own the Initial Hotel Properties through the wholly-owned subsidiaries of Holding SPV.Consideration and completionThe aggregate consideration for the acquisition of the entire issued share capital of Holding SPV and the Promissory Notes, subject to the Adjustment Sum, is expected to be not less than HK$14 billion.
The appraised value of Medan Fair Extension (as at 30 April 2017) is Rp. 138.4 billion (S$14.8 million) and so the Consideration does not exceed 110% of the appraised value.5 Being 1.0% of the Consideration net of the Medan Fair Adjustment Sum (as defined below).