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.
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.
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.
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.
Accordingly, the price to book ratio based on the Great China Consideration and the Adjusted NAV would be approximately 1.18 times (the “PBR”).In order to assess the fairness and reasonableness of the PBR of Great China Agreement, we have identified comparable companies (the “Industry Comparables”) being listed companies on the Stock Exchange engaging in businesses similar to those of Great China including, but not limited to, hotel and gaming business.
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.
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.
The Directors consider the Great China Consideration to be fair and reasonable.
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.
The Purchasers agree and acknowledge that such Provisional Consideration (including the China Consideration) shall be so paid notwithstanding that the China Sale Agreement will not be completed contemporaneously with the Sale Agreements.