Positive Amount definition

Positive Amount means a value greater than ZAR0.00
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Positive Amount has the meaning set forth in Section 7.1(c)(iii).
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Positive Amount has the meaning given such term in Section 2.4(h); (lll) "Prepaid Expenses" means all prepayments, prepaid charges, deposits, sums and fees related to the Business; (mmm) "Purchase Price" means the amounts payable to the Vendors, the Principals and Callon for the Purchased Shar▇▇ ▇▇▇ Shareholder's Loan; (nnn) "Purchased Shares" means all of the issued and outstanding shares in the capital of the PacGeo, being the aggregate of 1,000,001 Common shares without par value and 1,000 Class B Preferred shares without par value, owned beneficially and of record as follows: Number and Beneficial and Class of Shares Registered Owner --------------- ---------------- 450,000 Common Jade Eagle Trust 450,000 Common Mueller Family Trust 100,001 Common Aries Developments Ltd. 431 Class B Preferred Mark McCooey ▇▇▇ ▇▇▇▇▇ B Preferred Lynn Mueller
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Examples of Positive Amount in a sentence

  • If Buyer does not give such an Error Notice, the estimated amount of the EBITDA and the applicable EBITDA Positive Amount or EBITDA Negative Amount notified by Seller under this Section 3.7 shall be the EBITDA and applicable EBITDA Positive Amount or EBITDA Negative Amount, as the case may be, to be applicable under the Purchase Agreement for purposes of the calculation of the Purchase Price payable by Buyer at the Closing Date.

  • Surviving Pubco, the Surviving Company and their respective Subsidiaries shall be jointly and severally liable for the payment of the Positive Amount required to be made by Surviving Pubco pursuant to this Section 1.5(e)(v).

  • If the Final Purchase Price as reflected in the Final Statement exceeds the Closing Purchase Price (such difference, the “Positive Amount”), the Relevant Proportion of the Positive Amount shall be paid by the Purchaser to each Seller within five (5) Business Days of the Final Determination Date in cash by wire transfer of immediately available funds to such account as such Seller may direct by written notice to the Purchaser.


More Definitions of Positive Amount

Positive Amount means the amount, if any, by which Tangible Working Capital is more than the Target Tangible Working Capital.
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