Examples of Completion Consideration in a sentence
Without prejudice to the Vendors' right to terminate this Agreement for repudiatory breach if the Purchaser fails to pay the Completion Consideration on the Completion Date, each Party agrees that rescission or termination shall not be available as a remedy and no Party shall be entitled to rescind this mutual Agreement at any time.
The Vendor will hold approximately 84.0% of the enlarged issued share capital of the Company at Completion as a result of the allotment and issue of the Completion Consideration Shares by the Company to the Vendor and the allotment and issue of the Settlement Shares.
During the financial year 2015, the Company received partial payment of the Completion Consideration by way of transfer of 7,824,000 quoted securities of a listed company listed on the Main Board of the SGX-ST.
The Company does not currently have sufficient placement capacity under Listing Rule 7.1 to issue the Completion Consideration Shares or the Earn-out Shares contemplated under Resolutions 1 and 2.
The parties agree that the Completion Consideration will be subject to post-Completion adjustments to reflect the actual cash value, debt value and working capital attributable to the IMU Group as at the Completion Date, in order to calculate the IMU Sale Consideration payable.