Balance Sale Consideration definition

Balance Sale Consideration means the amount payable by the Successful Bidder towards purchase of the Dahej Asset after adjusting the Earnest Money Deposit and participation fees (if any) deposited in the Sale Process including all applicable duties and taxes for example GST, TCS etc.
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Balance Sale Consideration means the amount payable by the Successful Bidder towards purchase of the Assets after adjusting the Earnest Money Deposit and any other monies (if any) deposited in the present E-Auction Process including all applicable duties and taxes for example GST, TCS etc.
Sample 1
Balance Sale Consideration means any part of the sale consideration which has not been paid and is required to be paid under this Agreement in terms of the instalments set out in terms of Annexure-1 hereto, each of which individually also being Balance Sale Consideration and collectively also referred to as Balance Sale Consideration.
Sample 1

Examples of Balance Sale Consideration in a sentence

  • The Balance Sale Consideration shall be payable within thirty (30) days of the date of such demand.

  • The Balance Sale Consideration is calculated as the difference between the Bid Value and the EMD of the Successful Bidder plus applicable taxes: Balance Sale Consideration = Bid Value – EMD The Successful Bidder shall pay the Balance Sale Consideration and other applicable charges within 15 days of the demand for the same made by the Liquidator.

  • However, handover of the assets shall commence only after the Balance Sale Consideration is received by the liquidator from the successful bidder.

  • The Balance Sale Consideration shall be demanded by the Liquidator from the Successful Bidder in accordance with the I&B Code.

  • The Balance Sale Consideration shall be demanded by the Liquidator from the Auction Process Applicant at the same time as his declaration as the Successful Bidder.

  • Any default in payment of the Balance Sale Consideration by the Successful Bidder within the time limit as mentioned above shall result in the forfeiture of the entire amount deposited (EMD + Any Other Amount) by the Successful Bidder.

  • The Balance Sale Consideration shall be the remaining amounts due from the Successful Bid Amount after factoring the EMD, the Performance Guarantee and all applicable taxes.

  • The Performance Guarantee may be adjusted against payment of the Balance Sale Consideration at the discretion of the Liquidator.

  • Thereafter, the Liquidator shall issue a sale certificate and handover possession of the assets in favour of the Successful Bidder within thirty(30) days from receipt of the Balance Sale Consideration.

  • The Balance Sale Consideration shall be payable within thirty (30)Page 18 of 50 days of the date of such demand.

Related to Balance Sale Consideration

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Base Consideration has the meaning set forth in Section 1.2.

  • Final Consideration means the entire consideration proposed by a Successful Bidder(s) in the course of the E-Auction, and required to be paid by the Successful Bidder(s) on Consideration Payment Date to acquire the Corporate Debtor as a whole on a going concern.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Total Consideration means the total amount (but without duplication) of (a) cash paid in connection with any Acquisition, plus (b) Indebtedness for borrowed money payable to the seller in connection with such Acquisition, plus (c) the fair market value of any equity securities, including any warrants or options therefor, delivered to the seller in connection with any Acquisition, plus (d) the amount of Indebtedness assumed in connection with any Acquisition.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Earnout Consideration has the meaning specified in Section 2.05(a).

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

  • Initial Consideration has meaning ascribed by Clause 4.1;

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.