Final Completion Accounts definition

Final Completion Accounts means the Final Completion Balance Sheets and the Final Adjusted Cashflow Statements.
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Final Completion Accounts means the Completion Accounts that are final and binding on the parties for the purpose of clause 8.
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Final Completion Accounts has the meaning ascribed to it in Schedule 4 of this Agreement;
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Examples of Final Completion Accounts in a sentence

  • The exchange rates used for this purpose must be disclosed in the Interim Completion Accounts and the Final Completion Accounts.

  • Upon conclusion of the Final Completion Accounts and Calculation (as defined in the Sale and Purchase Agreement), the final purchase price was determined to be EUR 5.5 million (approximately $6.0 million), of which EUR 2.8 million (approximately $3.0 million) was received in cash and EUR 2.7 million (approximately $3.0 million) shall become due in July 2024 in accordance with the SPA.

  • The Manager will make a further announcement when the Consideration is finally determined in accordance with the Final Completion Accounts.

  • Each of Fairfax and ORG hereby agrees that (y) no later than 11th February 1999, it shall deliver to Skandia duly executed copies of the Second Loan Agreement (in agreed-upon form) and the Final Completion Accounts (as defined in the SIIC/SUKI Share Sale Agreement) and (z) no later than 4th March 1999, it shall cause to be issued to Skandia a letter of credit in the amount of SEK 117,426,120 and otherwise complying with the terms of the SIIC/SUKI Share Sale Agreement.

  • The Final Completion Accounts shall, in the absence of manifest error, be conclusive and binding on Parties for the purpose of determining the NAV Difference.

  • If the balance of the Consideration calculated with reference to the Final Completion Accounts is less or more than the amount calculated with reference to the Proforma Completion Accounts, the Vendor shall pay the Purchaser the excess amount or the Purchaser shall pay the shortfall in cash within 14 days of the production of the Final Completion Accounts.

  • The costs and expenses of the Auditors in relation to the preparation and audit of the Final Completion Accounts shall be borne by the Vendor and the Purchaser in equal shares.

  • Adjustment to the Consideration We have discussed with the Management of the Company the rationale behind the adjustment to the Consideration and were given to understand that the Consideration was with reference to the net asset value of Target Group as at 28 February 2021 and it is fair and reasonable to adjust the Consideration by the net asset value of Target Group at Completion with reference to the Final Completion Accounts.

  • The Manager will make further announcements upon Completion having taken place and when the Consideration is finally determined according to the Final Completion Accounts after Completion.

  • Based on the above, we consider that the adjustment to the Consideration is fair and reasonable As disclosed in the Letter from the Board, the Board is of the view that there will not be a material adjustment on the balance of consideration as no material adjustment on the Final Completion Accounts is expected.


More Definitions of Final Completion Accounts

Final Completion Accounts the Completion Accounts which shall be final and binding on the Parties pursuant to paragraphs 2.3(a), 2.4(b) or 3.6(b) of this Schedule.
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Related to Final Completion Accounts

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Final Completion Date means the date on which Final Completion occurs.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Final Completion Certificate has the meaning set forth in Section 11.6.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Final completion and acceptance means the stage in the progress of the work as determined by the Contracting Officer and confirmed in writing to the Contractor, at which all work required under the contract has been completed in a satisfactory manner, subject to the discovery of defects after final completion, and except for items specifically excluded in the notice of final acceptance.

  • Collection Accounts As defined in Section 3.10(a).

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.