Purchase Price Balance means the balance of the Purchase Price over and above the Deposit (including all interest accrued thereon).
Purchase Price Balance shall have the meaning assigned thereto in Section 2.1(e).
Purchase Price Balance means, in respect of any item of Equipment at any time, the amount of the Purchase Price for such Equipment that has not then been paid which amount will be determined in accordance with Section 3.7 hereof.
Examples of Purchase Price Balance in a sentence
The balance of the Purchase Price (Balance) and all costs, assessments, prorations, charges or fees due under this Agreement shall be paid in cash no later than forty five (45) days after the date of the agreement.
The Purchase Price Balance, plus Escrow Holder’s estimate of Buyer’s share of closing costs, prorations, and charges payable pursuant to this Agreement, all in Immediately Available Funds.
In the event that the Parties agree that the Adjustments in favor of TJC are greater than the Adjustments in favor of Seller, the Purchase Price Balance shall be reduced by the net amount of the Adjustments.
The balance of the Purchase Price (Balance) and all costs, assessments, prorations, charges or fees due under this Agreement shall be paid in cash no later than forty five (45) days after the auction date.
Newco’s obligation to pay the IP Purchase Price Balance will be secured by a security interest in all of Newco’s assets in favor of Toppan.
More Definitions of Purchase Price Balance
Purchase Price Balance means the balance of the Purchase Price over and above the Deposit (including all interest accrued thereon). *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [***]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission.
Purchase Price Balance has the meaning specified in Section 3.2.2.
Purchase Price Balance means the amount of cash equal to Thirty Five Million Dollars ($35,000,000), less the sum of all Subsequent Purchase Price Payments. Notwithstanding anything set forth herein, aggregate payments pursuant to Section 2.1(c)(y) and Sections 2.1(d) and (e) may not exceed the Purchase Price Cap, and under no circumstances shall Purchaser be required or requested to pay more than Seventy Million Dollars ($70,000,000) toward the Capped Payments.
Purchase Price Balance means the amount of cash equal to the Purchase Price minus the sum of (i) principal amount of the Bridge Loan and (ii) an amount equal to the Indemnification Fund.
Purchase Price Balance means the Purchase Price less the Deposit being SAR 251,440,509. “Purchasers” has the meaning given in the preamble of this Agreement. “Purchasers’ Representative” has the meaning given in the preamble of this Agreement. “Purchasers’ Warranties” has the meaning given in Clause 9.2. “Representatives” means in respect of a Party, its affiliates, each of the employees, agents, officers, directors, auditors, advisers, debt financiers (including syndicatees), partners, associates, consultants, joint venturers or sub-contractors of that Party. “Resigning Directors” has the meaning given in Clause 6.1(b)(iv). “SAGIA” means the Saudi Arabia General Investment Authority. “SAGIA License” means the foreign investment license issued to the Company at Riyadh by SAGIA, number 993/2 dated 16/7/1428. “Sale Shares” has the meaning given in Clause 3.1, being 26,467,422 Shares of SAR 10 each. “SAR” has the meaning given in Clause 1.5(k). “Seller” has the meaning given in the preamble of this Agreement. “Seller’s Warranties” has the meaning given in Clause 9.1. “Shareholder Approval” has the meaning give in Clause 2.3. “Shareholders” means the shareholders in the Company from time to time. “Shares” means the ordinary and issued shares in the capital of the Company as at the date of this Agreement. “Short Form SPA” means the short form share purchase agreement in substantially the form agreed to be signed by the authorised representative of each of the Parties, to be attested before the Chamber of Commerce and to be submitted to SAGIA in connection with the amendment of the SAGIA License if required. “SIDF” means the Saudi Industrial Development Fund. “Surviving Provisions” means Clause 1 (Definitions and Interpretation), Clause 10 (Indemnifications; Remedies), Clause 12 (Further Assurances), Clause 15 (Termination), Clause 16 (Assignments), Clause 18 (Notices), Clause 21 (General), Clause 17 (Entire Agreement) and Clause 23 (Governing Law and Submission to Arbitration). “Tax” means income, excise, profits, excise, stamp, franchise, sales, use, occupation, property, ad valorem and payroll taxes or other taxes, fees, duties, withholding, or other charges of any nature whatsoever imposed by any Governmental Entity as a taxing authority and “Taxes” shall be construed accordingly. “Time Limit” has the meaning given in Clause 10.7. “Transaction” means the sale by Seller and the purchase by Purchasers of the Sale Shares in accordance with the terms of this Agreement. “Transaction Do...
Purchase Price Balance means the Purchase Price minus the Closing Cash.