Completion Cash Payment definition

Completion Cash Payment has the meaning given in clause 6.1;
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Completion Cash Payment means USD $132,647,794, being the aggregate of:
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Completion Cash Payment means as defined in clause 3.1.
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Examples of Completion Cash Payment in a sentence

  • Each of the Parties agrees that the Further Completion Cash Payment not used to pay the Completion Special Dividend will be used by the Enlarged Group as general working capital after Completion.

  • If the Completion Cash Consideration, as finally determined in accordance with this clause 3.3, is less than the Completion Cash Payment, Sellers shall release the amount of such difference from Sellers’ Designated RMB Account to the Purchaser, in cash, by wire transfer of immediately available funds to an account designated by the Purchaser.

  • Under the Sale Agreement, Entek is also required to reimburse Elixir in cash for any bonus bid amounts paid on the Additional Alaskan Leases, less the Loan Amount, and any annual rentals paid on the Alaskan Leases by Elixir to the BLM during the period from execution of the Sale Agreement to Completion (Cash Payment).

  • The amount stipulated in the filing documents for the Foreign Exchange Approval shall not be less than the sum of Completion Cash Payment plus US$10 million, minus the amount of the Offshore Loan Proceeds (if applicable).

  • If the Completion Cash Consideration, as finally determined in accordance with this clause 3.3, is greater than the Completion Cash Payment, the Purchaser shall pay the amount of such difference, in cash, by wire transfer of immediately available funds to the Sellers’ Designated RMB Account.

  • If, for any Relevant Seller, the Agreed Leakage Amount exceeds the sum of (1) such Seller’s Determined Share Consideration multiplied by the Euro Share Price, plus (2) such Seller’s Completion Cash Payment Amount (which excess shall be equal to the full Agreed Leakage Amount in the case of any Seller that does not have a Determined Share Consideration or Completion Cash Payment Amount), such Seller shall pay such excess in cash to the Buyer within five Business Days following Completion.

  • Subject to clause 3.3(f) and clause 3.2(c), within three (3) Business Days after being informed of obtainment of Foreign Exchange Approval, the Sellers shall wire the amount of Completion Cash Payment in RMB (including any interest that may have accrued and subject to post-Completion adjustment set forth in clause 3.3) to the Escrow Account.

  • This person also assists the Team Leader with identifying established organizations that provide services to disaster survivors with access language, or cultural needs to ensure the disaster housing assessment accounts for the needs of the whole community.

  • On the Closing Date, Purchaser will have available cash or other sources of immediately available funds sufficient to pay or cause to be paid the Completion Cash Payment.

  • The Buyer has access to sufficient cash to fund the consummation of the transactions contemplated by this agreement (including the payment of the Completion Cash Payment, as such amount is adjusted pursuant to the terms herein), perform its obligations under this agreement and satisfy all other costs and expenses arising in connection therewith.


More Definitions of Completion Cash Payment

Completion Cash Payment means the Cash Consideration plus or minus (as the case may be) the Working Capital Adjustment and minus the Cash Holdback paid to the Seller’s in the Relevant Proportion.
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Completion Cash Payment means as defined in clause 3.1. “Completion Date” means the date of this agreement.
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Related to Completion Cash Payment

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Payment has the meaning set forth in Section 2.02(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Interim Payment has the meaning specified in Section 10.1.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

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

  • Actual Cash Value means purchase price less depreciation.

  • Final Cash has the meaning set forth in Section 3.2(b).

  • Delta Payment means as it is described in this Agreement.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

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

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.