Balance Consideration definition

Balance Consideration means the Sale Price received by Coinllectibles from the Purchaser less the Commission, to be transferred to the owner.

Balance Consideration means the payment of remaining 80% of Final Consideration payable by the Successful Bidder as per terms of sub-clause X of Clause 4.3 of this document.

Balance Consideration means USD O which shall be transferred by the Purchaser to the Vendor as pait of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Examples of Balance Consideration in a sentence

• However, the time taken by the Adjudicating Authority to decide/ dismiss/dispose any application, if so, filed by the liquidator and/ or the successful bidder, for seeking necessary reliefs and concession, shall be excluded while reckoning the period for paying the Balance Consideration in terms of Process Document.

• On the Completion Date, the Purchaser shall authorise the solicitors to release the Balance Consideration to the Vendor and simultaneously the Vendor shall authorise the solicitors to immediately release the completion documents to the Purchaser and/or Innov8tif Holdings’ company secretary to, amongst others, effect the transfer of the Sale Shares to the Purchaser.

• The completion of the SSA shall be take place within 14 days from the Unconditional Date or such other date as may be agreed upon between the Parties (“Completion Date”) and upon the full payment of the Balance Consideration to the Vendor in accordance with the manner payment as set out in Section 2.3.2 of this announcement.

• The Vendor’s solicitors shall not release the Balance Consideration together with the late payment interest (if any) until the Vendor delivers vacant possession of the Property to the Purchaser.

• It contains more than 60 different substances, including 40 elements from the Periodic Table and many of these elements are scarce and very valuable.

More Definitions of Balance Consideration

Balance Consideration has the meaning ascribed to it in Clause 2.3(c);

Balance Consideration means HKD 0 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means USD 50,000 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means USO 50,000 which shall be transfen-ed by the Purchaser to the Vendor as part ofthe Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means the balance amount after deducting (i) the First Payment,(ii) the Second Payment and (iii) the Third Payment from the Consideration, which for purposes of the Balance Consideration, is calculated on a proforma basis with reference to the Proforma NOAV of F2S1 as determined in accordance with the SSA;

Balance Consideration means the balance of the Consideration for the Sale

Balance Consideration means the payment of Balance Consideration net of Earnest Money Deposit (EMD) payable by the Successful Bidder as per terms of sub-clause XII of Clause 4.3 of this document.