Payment of consideration definition

Payment of consideration. The Completion Amount shall be paid by the Buyers upon Completion; the difference between the Estimated LDs and Insurance Claim Amount and the LDs and Insurance Claim Amount will be separately settled by the Parties in the manner as described in the paragraph headed “LDs and Insurance Claim Amount True-up” above; and the PAC Adjustments will be separately settled by the Parties in the manner as described in the paragraph headed “Construction Wrap” below. The Group currently expects to finance the consideration of the Acquisition by way of utilising the Group’s internal resources and external financing. Conditions Precedent: Pursuant to the SPA, Completion is subject to the following Conditions Precedent being fulfilled: (a) the approval of the Acquisition by FIRB under the Australia Foreign Acquisitions and Takeovers Act 1975; (b) the approval of the Acquisition by Beijing Municipal State-owned Assets Supervision and Administration Commission（北京國有資產監督管理委員會）under the applicable PRC laws and regulations; (c) the approval of the Acquisition by the Shareholders; (d) the obtaining of the necessary consents with respect to the Acquisition from the counterparties of all material business contracts and financing contracts of the Project Groups; (e) the counterparties of the relevant financing contracts that apply to West Wyalong Project Group, Woolooga Project Group and Wellington South Project Group consenting to the changes to the issued share capital of the corresponding Project Holding Companies which are required to give effect to the Acquisition; (f) the counterparties of the relevant financing contracts in respect of each Project consenting to the amendment and restatement or the replacement of the relevant asset management agreements, which is required to give effect to the Transitional Services (as described below); and (g) the counterparties to the relevant financing contracts that apply to the Woolooga Project Group consenting to the execution of the Woolooga Land Agreement between the relevant Seller Group Member and the Woolooga Project Group Members in connection with the construction of the Woolooga Additional Seller XXXX, and consenting to the transactions to be contemplated by the Woolooga Land Agreement.
Sample 1

Examples of Payment of consideration in a sentence

  • Payment of consideration pursuant to this Agreement shall be contingent upon each itemized activity being reviewed and approved by the CITY’S Representative.

  • Payment of consideration against the Unit, shall be as per the Payment Schedule and in the manner stipulated in Schedule “C”.

  • Payment of consideration will be made by crossed account payee Cheques/Drafts/ECS/RTGS/NEFT.

  • Payment of consideration with respect to Book-Entry Shares shall only be made to the Person in whose name such Book-Entry Shares are registered.

  • Payment of consideration does not include the payment before passage of legal or equitable title of earnest money (other than pursuant to an initial purchase contract), a good-faith deposit, or any similar amount primarily intended to bind the parties to the contract and subject to forfeiture.

  • Payment of consideration to those Shareholders whose Share certificates and other documents are found in order and accepted by Acquirers will be made by crossed account payee cheque/demand draft.

  • Payment of consideration would be done through ECS for applicants having an account at any of the following sixty eight centers: 1.

  • The Bank applies the method discussed in item 4.1. hereinabove also to recognise the fact of control assumption over the entity subject to joint control under IFRS 3 in the consolidated financial statements.The Bank adopted the approach whereunder comparable data are not adjusted when control is assumed over an entity subject to joint control under IFRS 3.

  • Payment of consideration is something that can be seen, therefore, there should have been some reliable statement(s) of the witnesses who can confirm that he has seen payment being made by the purchaser to the seller.iv) There are no two views about the proposition that onus is normally on the one who asserts.

  • Payment of consideration would be done through ECS for applicants having an account at any of the following sixty eight centres: 1.

Related to Payment of consideration

  • 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.

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

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

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

  • Contingent Consideration has the meaning set forth in Section 1.6.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • 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).

  • 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.

  • 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.

  • Deferred Consideration shall have the meaning ascribed to such term in Section 4(d).

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

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

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

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

  • Merger Consideration has the meaning set forth in Section 2.1(a).

  • 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.

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Earnout Consideration has the meaning specified in Section 2.05(a).

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

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

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • 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.

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

  • Initial Consideration has meaning ascribed by Clause 4.1;

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.