Examples of Remaining Consideration in a sentence
The Purchaser shall have wired the Remaining Consideration to the account of the Seller and shall provide the Seller with reasonable evidence thereof, and the Seller has received the Remaining Consideration.
We recognize a liability for the Deferred Purchase Price Obligation (as defined later) to reflect the expected value of the Remaining Consideration to be paid in 2020 for the acquisition of the 2016 Drop Down Assets.
Each Warrantor has appropriately terminated the employment contract with employees in the Target Asset on or before the Payment Date of the Remaining Consideration and has paid all fees related to the termination of employment contract including economic compensation.
Of the Remaining Consideration, approximately US$500,000 will be distributed by the Seller to its employees (the “Distribution”).
Payment of interest shall be made by Petro-king Huizhou on a quarterly basis, with the first interest payment to be made in 2023 commencing from 31 March 2023 and all accrued and unpaid interest (if any) shall be paid upon the settlement in full of the Remaining Consideration.