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: payment of the consideration for the assignment executed by the factoring company to the client, in the amount due at the time of the actual collection or maturity of the assigned receivables or, in case of assumption of Debtor insolvency risk, on the date agreed with the same assigning client.

  • NEFT (National Electronic Fund Transfer) – Payment of consideration shall be undertaken through NEFT wherever the shareholders bank has been assigned the Indian Financial System Code (IFSC), which can be linked to a Magnetic Ink Character Recognition (MICR), if any, available to that particular bank branch.

  • National Electronic Fund Transfer (NEFT) – Payment of consideration shall be undertaken through NEFT wherever the shareholders’ bank has been assigned the Indian Financial System Code (IFSC), which can be linked to a Magnetic Ink Character Recognition (MICR), if any, available to that particular bank branch.

  • 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), agood-faith deposit, or any similar amount primarily intended to bind the parties to the contract and subject to forfeiture.

  • 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 toforfeiture.

  • He clarified at the SSD meeting that sewer systems are not a County function and the debt is the responsi- bility of the SSD.

  • Payment of consideration If the short form documents require a grantee of a short form easement to pay consideration for the grant of the easement (whether as a single payment or at intervals), the rights conferred by the easement are subject to the payment of that consideration.

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

  • Payment of consideration and additional compensation(1) The consideration and additional compensation is paid to the current account indicated by the owner of the immovable and the holder of the limited right in things immediately after the making of the decision to expropriate.

  • Payment of consideration would be done through ECS for applicants having an account at any of the following sixty eight centers: 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 $400,000,000, your Sale Bonus would be $400,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Base Consideration is defined in Section 2.2.

  • Equity Consideration has the meaning set forth in Section 2.3(b)(ii).

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

  • Contingent Consideration shall have the meaning set forth in Section 2.5.

  • 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 Borrower 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 Borrower or any of its Subsidiaries.

  • 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 3.1(a).

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • 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 shall have the meaning set forth in Section 5.01.

  • 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.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Option Consideration has the meaning set forth in Section 3.3(a).