Retained Consideration means £3,250,000;
Retained Consideration in respect of the relevant portion of the Sale Capital, the aggregate sum (or its US dollars equivalent) set opposite each Vendor's name in column (7) of Part B of Schedule 1; "Sale Capital" - collectively the 28 per cent. of the registered capital of the Company to be sold by Kartek, the 13.68 per cent. of the registered capital of the Company to be sold by ZPB and 18.32 per cent. of the registered capital of the Company to be sold by ZTB to the Purchaser (as set out in Column (3) of Part B of Schedule 1) pursuant to the terms and conditions or this Agreement;
Retained Consideration the amount of HK$900,000 in cash;
Examples of Retained Consideration in a sentence
And upon expiry of such one-month period, any unreleased Retained Consideration Shares shall be disposed of or otherwise dealt with by the Company pursuant to power granted to it under the Agreement with the proceeds being kept by the Company for its own benefit.
Pursuant to the Second Supplemental Agreement, it is agreed that any unreleased Retained Consideration Shares as aforementioned shall be repurchased and cancelled, and not be disposed of or dealt with, by the Company.
And upon expiry of such one-month period, any unreleased Retained Consideration Shares shall be bought back and cancelled by the Company at nil cost without the prior agreement of the Vendor (or its nominee(s)).
Any unreleased Retained Consideration Shares shall remain in the custody of the Company until full compensation is made.
More Definitions of Retained Consideration
Retained Consideration means an amount equal to One Hundred Thousand Dollars ($100,000). Within three (3) business days after the date on which an aggregate of fifteen (15) Leases has been assigned by Assignors to Assignee pursuant to the terms of this Agreement (the "Release Date") (whether at a Closing or at one or more Subsequent Closings (as defined below)), Assignee shall transfer to Assignors by wire transfer of immediately available funds, an amount equal to the difference between (i) Fifty Thousand Dollars ($50,000), minus (ii) the sum of (A) all amounts owed to Assignee pursuant to Section 2.2(b)(ii)(B) (relating to an adjustment to the Purchase Price), (B) all amounts owed to Assignee pursuant to Section 9.2 (relating to indemnification) and (C) the amount of all claims of Assignee pursuant to Section 9.2 which have not been resolved on or prior to such date for which notice of such claims has been given prior to the Release Date, and Assignee shall be entitled to retain an amount equal to the sum of the amounts set forth in the preceding clauses (i), (ii) and (iii) plus Fifty Thousand Dollars ($50,000). On the date which is ninety (90) days after the Closing Date, Assignee shall transfer to Assignors by wire transfer of immediately available funds, the remainder of the Retained Consideration, less the aggregate of (i) all amounts owed to Assignee pursuant to Section 2.2(b)(ii)(B) (relating to an adjustment to the Purchase Price) and (ii) all amounts owed to Assignee pursuant to Section 9.2 (relating to indemnification) and (iii) the amount of all claims of Assignee pursuant to Section 9.2 which have not been resolved on or prior to such date for which notice of such claims has been given prior to such ninetieth (90th) day, and Assignee shall be entitled to retain an amount equal to the sum of the amounts set forth in the preceding clauses (i), (ii) and (iii).
Retained Consideration the amount of US$5,000,000.00 (subject to adjustment in accordance with Clause 7);
Retained Consideration means the amount of US$2,000,000;
Retained Consideration shall have the meaning set forth in Section 3.4(e).
Retained Consideration has the meaning ascribed to it in Clause 3.2.1;
Retained Consideration shall have the meaning given in clause 4.7.2; "Saving" means the reduction or elimination of any liability of the Group to make an actual payment of corporation tax in respect of which the Sellers would not have been liable under the Tax Covenant, by the use of any Relief arising wholly as a result of a Warranty claim or a liability of the Sellers under the Tax Covenant in respect of which the Sellers have made a payment to the Purchaser; "Seller's Solicitors" means Xxxxxx Xxxxxxx Xxxx of Wallside House, 00 Xxxxx Xxxxxxx Xxxx, Xxxxxxxxx Xxxxx, Xxxx XX0 1EG; "Shares" means all the issued shares in the capital of the Company; "Subsidiary" means the subsidiary companies of the Company, basic information concerning which being set out in Schedule 7; "Tax Authority" means any Taxing or other Authority (whether within or outside the United Kingdom) competent to impose any Tax liability; "Tax Covenant" means the tax covenant set out in Schedule 4; "Tax" or "Taxation" shall have the meaning given in the Tax Covenant; "Taxes Act" means the Income and Corporation Taxes Xxx 0000; "TGCA" means the Taxation of Chargeable Gains Xxx 0000; "VAT Legislation" means any relevant enactments in relation to VAT and all notices, provisions and conditions made or issued thereunder including the terms of any agreement reached with any relevant Tax Authority, and any concession referred to in the Disclosure Letter;
Retained Consideration the amount of HK$1,200,000;