Permitted Leakages definition

Permitted Leakages means all of those payments;

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Permitted Leakages means any of: (a) normal emoluments and other entitlements (including any accrued but unpaid bonuses) payable in the ordinary course of business and consistently with past practices to those of the Sellers in their capacity as employees, directors, officers or members of any management or supervisory board of any Group Company under any currently existing employment, service, consultancy or other similar agreements; (b) any of the payments listed in Appendix 7; and (c) any payment specifically agreed by or on behalf of the Purchaser in writing from time to time.

Permitted Leakages has the meaning specified in Paragraph 4.1.

Examples of Permitted Leakages in a sentence

The Sellers undertake that other than Identified Leakages, there shall be no other Leakages occurring after the Valuation Date until the date of Adjustment Notice, and thereafter, till the Closing Date, any Leakage shall require prior consent of the Purchaser, which consent shall not be withheld in case such Leakages are Permitted Leakages.
For the sake of clarity, the Parties agree that the provisions set forth under this Clause 7.3 shall not apply to Leakages (other than Permitted Leakages), if any, and, to the extent provided under Clause 9.1.2, to Indemnities.
For the avoidance of doubt, to the extent any Target Group Company incurs costs and expenses in connection with the Antitrust Clearance or any the Required Governmental Authority Clearance, such costs and expenses shall be treated as Permitted Leakages for the purposes of this Agreement, and to the extent the Sellers incurs costs and expenses in connection with the Antitrust Clearance or any the Required Governmental Authority Clearance, such costs and expenses shall be repaid by the Purchaser.
Between 1 January 2015 and the date hereof, there has been and there will be no Leakage, except for Leakages that have been completely remedied prior to the Closing Date or Permitted Leakages.
Participation in such a telephonic meeting shall constitute presence in person at such meeting.
The Permitted Leakages defined below will, however, be excluded and will not be considered Leakages.
Any other items agreed in writing by the Purchaser from time to time to be Permitted Leakages.

More Definitions of Permitted Leakages

Permitted Leakages means any of the following:

Permitted Leakages means the Leakages set out in Schedule 2.1.97;

Permitted Leakages means any payment made at the written request or with the prior written consent of the Company.

Permitted Leakages means (a) those matters set forth or referred to in Schedule 1.1(c); or (b) any other permitted Leakage authorized or consented to by the Purchaser, in each case, solely to the extent constituting Leakage under clause (a) of the definition of “Leakage”.