Loan Note Consideration definition

Loan Note Consideration means the consideration for the Loan Notes to be paid by the Buyer to the Sellers in accordance with Clause 3;
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Loan Note Consideration means the amount due to the Vendor at Completion (if any) pursuant to clause 4.1(b) and as set out in column 6 of Part 2 of Schedule 1
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Loan Note Consideration. “ the consideration payable by the Buyer for the Loan Notes as determined in accordance with Schedule 8
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Examples of Loan Note Consideration in a sentence

  • Benefits are available at theage of 55 for public sector employees who have contributed to the plan (8 percent of the base salary).

  • The Loan Note Consideration is redeemable and the Deferred Consideration is payable in three tranches of up to £500,000 each, subject to the level of gross profitability of Reef Television for the financial years ended 30 June 2016, 30 June 2017 and 30 June 2018.

  • Earnout Details The earnout consists of three elements:  Loan Note Consideration of up to £1.5 million Deferred Consideration of up to £1.5 million and Additional amount of earn out consideration The Loan Note Consideration and the Deferred Consideration will be settled in cash or Ordinary Shares, at the Company’s discretion, subject to a maximum of 50 per cent.

  • The Loan Note Consideration is redeemable and the Deferred Consideration is payable in three tranches of up to £0.5 million each, subject to the level of gross profitability of Reef Television for the financial years ended 30 June 2016, 30 June 2017 and 30 June 2018.

  • In respect of the 2016 financial year, the maximumLoan Note Consideration and Deferred Consideration payment of £1,000,000 is subject to Reef Television achieving at least £1,800,000 in gross profits and to be adjusted downwards thereafter on a straight-line basis to a minimum level of £1,500,000, below which point none of the first tranche of Loan Note Consideration and Deferred Consideration will be paid.

  • The Loan Note Consideration and Deferred Consideration will be subject to a maximum of £500,000 each in respect of each year and an overall maximum of £3 million.

  • The Manager promises to manage the Insurer, and to conduct on its behalf any and all duties of management as shall be necessary for the complete operation of the Insurer.

  • Composition of the Loan Note ConsiderationThe Loan Note Consideration consists of, for each Impellam Share: • 258.2 pence in principal amount of Non-Convertible Loan Notes; • 67.3 pence in principal amount of Tranche A Convertible Loan Notes; and • 67.3 pence in principal amount of Tranche B Convertible Loan Notes.

  • The Loan Note Consideration and the Deferred Consideration will be settled in cash or Ordinary Shares, at the Company’s discretion, subject to a maximum of 50 per cent.

  • In respect of the 2016 financial year, the maximum Loan Note Consideration and Deferred Consideration payment of £1,000,000 is subject to Reef Television achieving at least £1,800,000 in gross profits and to be adjusted downwards thereafter on a straight-line basis to a minimum level of £1,500,000, below which point none of the first tranche of Loan Note Consideration and Deferred Consideration will be paid.


More Definitions of Loan Note Consideration

Loan Note Consideration means the sum of ONE MILLION SEVEN HUNDRED AND TWENTY NINE THOUSAND ONE HUNDRED AND SIXTY SEVEN POUNDS STERLING AND ONE PENCE ((pound)1,729,167.01) being xxx xotal consideration payable by the Purchaser for the Loan Notes; Schedule Part 10
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Loan Note Consideration means the Loan Notes;
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Related to Loan Note Consideration

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Base Consideration has the meaning set forth in Section 1.2.

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Equity Consideration has the meaning set forth in Section 2.02.

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

  • Total Consideration means the total amount (but without duplication) of (a) cash paid in connection with any Acquisition, plus (b) Indebtedness for borrowed money payable to the seller in connection with such Acquisition, plus (c) the fair market value of any equity securities, including any warrants or options therefor, delivered to the seller in connection with any Acquisition, plus (d) the amount of Indebtedness assumed in connection with any Acquisition.

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Alternate Consideration shall have the meaning set forth in Section 5(e).

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Share Consideration has the meaning given to it in Section 2.2;

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Final Consideration means the entire consideration proposed by a Successful Bidder(s) in the course of the E-Auction, and required to be paid by the Successful Bidder(s) on Consideration Payment Date to acquire the Corporate Debtor as a whole on a going concern.

  • Initial Consideration has meaning ascribed by Clause 4.1;

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.