China Consideration definition
Examples of China Consideration in a sentence
On the same date, Alibaba China further acquired an aggregate of 43,143,175 Shares from then existing Shareholders of the Company as set out below: Relevant ShareholderNumber of Shares acquiredby Alibaba China Consideration Five Star Holdings.
If the Purchaser fails to pay the GPB China Consideration or the Huizhou MB Consideration, as the case may be, and other fees payable by it by the stipulated deadline for payment, the Purchaser shall pay liquidated damages to the relevant Seller at arate of 0.04 per cent.
Based on the GPB China Consideration and the Huizhou MB Consideration (each as defined in paragraph 3.2 below), the aggregate excess of the proceeds from the GPB China Proposed Disposal and the Huizhou MB Proposed Disposal (collectively, the “Proposed Disposals” and each the “Proposed Disposal”) over the aggregate NAV of the GPB China Property and the Huizhou MB Property as at 30 September 2017, was approximately S$21.2 million.
For purposes of Section 2.08(a)(iii) and Section 2.07(b), the China Consideration shall be converted from U.S. dollars to Chinese renminbi using the CNY/USD rate set forth in the Wall Street Journal on the second Business Day prior to the Closing Date.
For purposes of Section 2.08(a)(iii) and Section 2.07(b), the China Consideration shall be converted from U.S. dollars to Chinese renminbi using the CNY/USD rate set forth in the Wall Street Journal on the second Business Day prior to the Closing Date.
Basis Date” shall mean 31 May 2011, the basis date stated under (i) the ST China Agreement and the ST Xiamen Agreement to value the net assets of ST China in order to determine the ST China Consideration and the ST Xiamen Consideration respectively; and (ii) ST Heqing Agreement and the ST Midu Agreement to value the net assets of ST Heqing and ST Midu respectively in order to determine the ST Heqing Consideration and the ST Midu Consideration respectively.
The Directors consider the Great China Consideration to be fair and reasonable.
As set out in the Board Letter, based on the audited financial statement of the Great China Group as at 31 March 2010 set out in Appendix II to the Circular, the Great China Consideration would be approximately HK$325.50 million.
Such interest shall be payable by the Buyer on a monthly basis commencing on the four-month anniversary of the Closing Date, in the case of any Remaining Escrowed Funds that comprise the Slovakia Consideration or China Consideration, and the six-month anniversary of the Closing Date, in the case of any Remaining Escrowed Funds that comprise the India Consideration, by wire transfer of immediately available funds to an account designated by the Seller in writing.
The PD (China) Consideration is the sum of HK$112,524,044, which comprises (1) HK$6,459,471 for the PD (China) Sale Shares; and (2) HK$106,064,573 for the Seller B’s Debt.