Completion Net Assets definition

Completion Net Assets the number in the Completion Balance Sheet that corresponds to "Net Assets (Excluding Net Debt)" ((Pound Sterling)220,365,000) as at the Base Line Balance Sheet

Completion Net Assets means the amount which represents the agreed net asset value of the Company as at the Effective Time, calculated in accordance with Parts 2 and 3 of Schedule 8 (Completion Accounts) as at the Effective Time, as set out in the Completion Accounts;

Completion Net Assets has the meaning given in paragraph 4 of Schedule V;

Examples of Completion Net Assets in a sentence

• Under the recapitalisation plan of the Bank executed in 2011, the Asset Management Corporation of Nigeria (AMCON) provided Financial Accommodation to bring the Bank's Completion Net Assets Value (NAV) to zero.

• An example of the calculation of the Completion Net Assets, for illustrative purposes only, is attached at Schedule 10.

• The Consideration, being an estimated amount of the total of the Completion Net Assets of Skamby and 50% of the Completion Net Assets of EHIL of approximately zero and approximately HK$740.0 million respectively, is HK$740.0 million.

• Capital Reduction Amount means an amount equal to the Completion Net Assets.

• If the Expert agrees that a downward adjustment in Completion Net Assets should be made in excess of £1 million then to the extent that the adjustment exceeds £1 million Abbey should be permitted to withdraw the monies paid in.

More Definitions of Completion Net Assets

Completion Net Assets the aggregate of the amount of the issued share capital of the Company and the amount of the consolidated capital and revenue reserves of the Company as shown in the Completion Accounts;

Completion Net Assets means the aggregate amount of the total assets less the total liabilities and Free Cash of each Company, (adjusted if necessary in accordance with paragraph 3 and converted , where applicable, into Pounds Sterling at the Contract Rate) in each case on the Completion Date and as shown by the Completion Accounts once final and binding between the parties. The Completion Accounts for HCCFSA shall exclude all fiscal provisions ("Provisions Reglementees").

Completion Net Assets means the amount of the total assets less total the liabilities of the Group (including the Business) (including for the avoidance of doubt the Content Excluded Items) (adjusted if necessary in accordance with the principles set out in Part II of this Schedule) as shown by the Completion Accounts once final and binding between the parties.

Completion Net Assets the unaudited consolidated net asset value of Dragon Fortune as at the Completion Date (subject to adjustment, if any);

Completion Net Assets has the meaning given in paragraph 1 of Schedule 9 (Completion Accounts).

Completion Net Assets means fixed assets plus current assets less all liabilities of the Target Group.

Completion Net Assets the aggregate assets less the aggregate liabilities of the Company, in each case as shown in the Completion Statement, calculated on a consolidated basis in accordance with the accounting principles, policies, standards, practices, evaluation rules and estimation techniques referred to in part 2 of this Schedule 9 less an amount equal to the Unpaid Sellers’ Expenses.