Initial Purchase Consideration definition

Initial Purchase Consideration shall be a sum equal to: (i) the principal balance in respect of the Mortgages sold by the relevant Seller as at the relevant Purchase Date as shown in the Annexure to the relevant Sale Document on such Purchase Date where such amount in the case of each such Mortgage is described as the "Current Principal Balance"; plus (ii) the amounts (if any) in respect of such Mortgages shown in the Annexure and described as "Amortised Cost Adjustments"; and

Initial Purchase Consideration has the meaning given to it in the Mortgage Sale Agreement;

Initial Purchase Consideration shall have the meaning assigned to it in Clause 3.4 below;

Examples of Initial Purchase Consideration in a sentence

• The Initial Purchase Consideration shall be used by the Company to, directly or indirectly, pay a portion of the purchase price and the costs and expenses in connection with the purchase of the Purchased Securities under the SouFun Subscription Agreement.

• At the Subsequent Closing (as defined below), each Investor shall pay to Company the purchase consideration for the relevant Subsequent Shares (the “Subsequent Purchase Consideration”, together with the Initial Purchase Consideration, the “Purchase Consideration”), by wire transfer in immediately available funds, pursuant to instructions given by the Company in writing to such Investor at least three (3) Business Days prior to the Subsequent Closing.

• Each Investor agrees to pay to Company the Initial Purchase Consideration at the Initial Closing, by wire transfer in immediately available funds, pursuant to instructions given by the Company in writing to such Investor at least three (3) Business Days prior to the Initial Closing.

• The Initial Shares shall be issued and allotted to each Investor as set forth opposite the name of such Investor on Schedule I hereto by the Company, credited as fully paid, on the date hereof following the payment of the Initial Purchase Consideration by such Investor.

• The said retained amount from the Initial Purchase Consideration shall be released to the Seller at the time the Conditions Precedent referred in Clause 5.1 (e), (f) and (g) are dully fulfilled by the Seller to the satisfaction of the Purchaser.

More Definitions of Initial Purchase Consideration

Initial Purchase Consideration shall be a sum equal to:

Initial Purchase Consideration means $210 million reduced by: (i) the Run- Rate Escrow Amount, and (ii) any Fund Holdback required under Section 1.6(a); provided that amounts payable to SAMI and to Maestro shall be reduced by the amount of the applicable Parent Transaction Fees and Maestro Transaction Fees, respectively.

Initial Purchase Consideration means, subject to the Revenue Run-Rate Adjustment and the PBF Adjustment, $120 million.

Initial Purchase Consideration means USD 10,000,000 (United States Dollars Ten Million) with the INR equivalent amount computed based on the USD:INR closing offer rate published by the Reserve Bank of India 1 (one) Business Day prior to the Closing Date;

Initial Purchase Consideration has the meaning assigned in Section 3.01(b).

Initial Purchase Consideration means the amount payable by the Purchaser to the Sellers for the Sale Equity in terms of clause 6.1, before any interest payable thereon;

Initial Purchase Consideration means the consideration payable in accordance with paragraphs 2.1.1 of Schedule 6 'INTELLECTUAL PROPERTY' the intellectual property listed in Schedule 7.