Relevant Consideration definition

Relevant Consideration means the Tranche 1 Consideration or the Tranche 2 Consideration (as the case may be);

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Relevant Consideration means any consideration in relation to which (apart from paragraph (5) above) section 61 of the 1989 Act would apply;

Relevant Consideration means, in respect of each Seller, the consideration set out in column 5 of Part 1 of Schedule 1 (Relevant Sale Shares and Relevant Consideration) against such Seller’s name, to be paid by the Purchaser to such Seller in respect of the Relevant Sale Shares, under this Agreement;

Examples of Relevant Consideration in a sentence

• At the relevant time for payment, the Purchaser will be able to pay the Relevant Consideration from its existing banking facilities and available cash.

• As a consequence of the removal of the MPA Convertible Notes, the concept of Relevant Consideration is no longer applicable and the Total Consideration will no longer be reduced by the amount of the Injected Funds.

• Each Seller is the sole beneficial owner of the Relevant Sale Shares set opposite its name in Part 1 of Schedule 1 (Relevant Sale Shares and Relevant Consideration) and has the right to exercise all voting and economic rights over the Relevant Sale Shares.

• The Persons listed in Part 1 of Schedule 1 (Relevant Sale Shares and Relevant Consideration) are the sole legal and beneficial owners of the shares of the relevant Group Company as at the Execution Date.

• Accordingly, no Taxes are required to be withheld by the Purchaser from the Relevant Consideration paid to Seller 1 for the Sale Shares 1A.

• If such figure is not correct, the price per Subscribed Share (and thus the number of Series B Preferred Shares to be issued to each Investor for its Relevant Consideration) shall be adjusted such that each Investor will hold the same percentage of the total issued share capital of the Company on a fully diluted basis (including all shares issuable upon exercise of any and all warrants, options and other convertible instruments issued by the Company) as it would have held had such figure been correct.

More Definitions of Relevant Consideration

Relevant Consideration means, in respect of each Seller, the consideration set out in column 5 of Part 1 of Schedule 1 ( Relevant Sale Shares and Relevant Consideration ) against such Seller’s name, to be paid by the Purchaser to such Seller in respect of the Relevant Sale Shares, under this Agreement;

Relevant Consideration means, in relation to any Beneficiary, all obligations, liabilities and agreements assumed, undertaken, incurred and made by that Beneficiary under and pursuant to the Credit Agreement and the other Transaction Documents (and includes, without limitation, in relation to the Banks, the agreement of the Banks to make available to the Borrowers an eight hundred and fifty million Dollar ($850,000,000) revolving credit facility pursuant to the Credit Agreement), in each case at the request of each of the Obligors;

Relevant Consideration means, in relation to any Facility Beneficiary, all obligations, liabilities and agreements assumed, undertaken, incurred and made by that Facility Beneficiary under and pursuant to this Agreement and the other Transaction Documents (and includes, without limitation, in relation to the Banks, the agreement of the Banks to make available to the Borrower a three hundred and fifty million ($350,000,000) revolving credit and guarantee facility pursuant to this Agreement) or, in relation to any Secured Bilateral Bond Provider, the agreement of that Secured Bilateral Bond Provider to not require the discharge, repayment and/or satisfaction of all Secured Bilateral Bond Obligations owing to it prior to the date of this Agreement and/or the agreement of that Secured Bilateral Bond Provider to the release of any Encumbrance which, prior to the date of this Agreement, secured any Secured Bilateral Bond Obligation owed to it;

Relevant Consideration means the BMM Share Consideration, the Lisheen Share Consideration or the Namibia Share Consideration, as the case may be;