Completion Account definition

Completion Account means the Account so designated established and created under Section 2.2(a) of the Intercreditor Agreement.
Completion Account the special account designated by that name established by the Escrow Agent pursuant to Section 2.02.
Completion Account the unaudited consolidated balance sheet of the Company as at the Completion Date and the unaudited consolidated profit and loss account of the Company for the period from 1 January 2021 to the Completion Date to be prepared by the Company;

Examples of Completion Account in a sentence

  • Energy and Water Development Appropriations Title II: Central Utah Project Completion Account($ millions) Source: Central Utah Project Completion Act, FY2008 Budget Justification.

  • For any avoidance of doubt, if the Completion NAV as shown in the Completion Account shows either no deficit or a deficit (or negative value) of less than HK$20,000,000, no payment whatsoever shall be made by the Vendor to the Purchaser or by the Purchaser to the Vendor.

  • The Vendor shall use its best endeavours to provide such assistance and documents to the Purchaser (or its professional advisors) as may be reasonably required by the Purchaser (or its professional advisors) for the preparation of the Completion Account.

  • If the Completion NAV as shown in the Completion Account shows a deficit (or negative value) of more than HK$20,000,000, then the Vendor shall pay to the Purchaser an amount in cash equivalent to the difference between the Completion NAV and the Benchmark Value on a dollar-to-dollar basis within 30 Business Days after the Completion Account is issued and delivered by the Purchaser to the Vendor.

  • Title II: Department of the InteriorThe Department of the Interior requested that Congress provide an increase in funding for the Central Utah Project (CUP) Completion Account and a reduction for the Bureau of Reclamation (BOR) for FY2008.


More Definitions of Completion Account

Completion Account the audited accounts of PITC made up to 31 May 2009 including but not limited to the profit and loss account for the period from 1 January 2009 to 31 May 2009 and the balance sheet as at 31 May 2009 (taking into account the Shortfall for the period from 1 January 2009 to 31 May 2009)
Completion Account means the separate subaccount or account established within the Acquisition Account for the Facility. “Construction Company” means Xxxxxxxxx Company, 000 Xxxxx Xxxxxx, XX, Xxxxx 000, Xxxxx Xxxxxx, XX 00000-0000.
Completion Account the management account of the Target Company to be audited and prepared by an independent third-party auditor and comprising the following information in respect of the Target Company:- (i) Assets and liabilities; (ii) Amount of estimated land value taxes/rebates payable in respect of Phase IIA and IIB of the Target Project. “Completion Date” the date on which the procedures of change of business registration for the transfer of the Sale Shares to the Purchasers are complete and the Target Company obtains a new business license “Director(s)” the director(s) of the Company
Completion Account has the meaning given in Section 2.1 of the Depositary Agreement.
Completion Account and (x) "Loss Proceeds Account."
Completion Account shall have the meaning provided in Article V, Section 5.14.
Completion Account the client account of the Vendor's Solicitors at the Royal Bank of Scotland plc, City Office, 62/63 Threadneedle Street, London EC2R 8LA (Macfarlanes Xxxxxx Xx 0 Xxxxxxx Xx: 0000000, Xxxx Xxxx 05-10-00) marked with the reference EJXX/000000;