Sale Claims definition

Sale Claims means the claims in loan account by ERGO URANIUM (which, for the purposes of the AGREEMENT shall be deemed to include any claims by MINTAILS SA) against the COMPANY as at the EFFECTIVE DATE, in aggregate R118 000 000,00 (one hundred and eighteen million rand);

Sale Claims means all the Seller's claims against the Company from whatsoever cause arising as at the Effective Date, all of which shall be reflected in his shareholder’s loan account;

Sale Claims means the Working Capital Claim and the Shareholder Claim;

Examples of Sale Claims in a sentence

• Each of the following terms is defined in the Section set forth opposite such term: Acquisition Recitals Agreement Preamble Ancillary Documents Assets Assignment and Assumption Agreement Assumed Contracts Assumed Liabilities Xxxx of Sale Claims Period Customers Databases Domain Names Excluded Assets Excluded Liabilities FTC Claims .

• I understand that, if returning before the end of my full leave entitlement, I must give at least 21 days notice of my intention to return to work.

• The Purchase Consideration will be allocated as follows: - in respect of the Sale Claims, the face value thereof; and- in respect of the Sale Shares, the balance of the consideration or the sum of R1, whichever is the greater.

• The value of the net assets comprising the Sale Shares and Sale Claims as at 30 September 2021, being the date of the last audited annual financial statements, was R256,328,712.

• Notwithstanding the Effective Date, delivery and payment in respect of the Sale Shares and Sale Claims will take place on the second business day after the date on which the Effective Date Management Accounts are deemed to have been accepted by the relevant Parties as correct, or after any dispute in respect of the relevant accounts have been finally determined, in terms of the provisions of the Agreement (“Closing Date”).

More Definitions of Sale Claims

Sale Claims means a proportionate share of the amounts of any nature whatsoever owing by the Company to the Seller on the Closing Date from any cause whatsoever, including by way of loan account or otherwise, in contract or in delict, actual or contingent, including any interest accrued or to be accrued thereon;

Sale Claims means the amount payable by the Purchasers to the Seller for the sale claims in terms of this agreement;

Sale Claims means collectively the Maxweld Claims and the Unique Claims (but excludes the Trading Claims);

Sale Claims all claims of whatsoever nature or howsoever arising which COIL may have against CCAL on the closing date, including all claims of COIL in respect of the COIL loan account, but specifically excluding the claims referred to in 8.1;

Sale Claims means all claims of whatsoever nature and howsoever arising, whether actual, contingent or otherwise, which the sellers have against the sold subsidiaries on the effective date;

Sale Claims means all claims of whatsoever nature and howsoever arising (including, but not limited to, claims on loan account, if any) which the Trust has against Plant Rental as at the Effective Date;

Sale Claims. Mining claims held by the Seller in terms of the Mines and Minerals Act as detailed in Annex A. “Seller” Mezzotin Investments (Private) Limited, registration no. 224/2000, a company registered in accordance with the laws of Zimbabwe “Signature Date” the date of last signature of this Agreement “US$” The lawful currency of the United States of America.