Examples of Sale Shares Consideration in a sentence
The Vendor’s or the Company’s beneficial ownership of the Sale Shares Consideration Shares or the Subscription Consideration Shares (as the case may be)s will not violate any applicable securities or other laws of the Vendor’s or the Company’s jurisdiction.
The First King Sale Shares Consideration was arrived at on a willing buyer willing seller basis taking into account the adjusted net asset value attributable to the First King Sale Shares of approximately GBP 42.3 million (approximately S$75.3 million) as at 23 December 2020, based on the agreed value of the 75KWS Property of GBP 128 million.
The total aggregate liability of the Selling Shareholders (other than each Founding Shareholder) in respect of all claims under this Agreement shall be limited to an amount equal to his share of the Sale Shares Consideration.
Upon the exercise of the Option, the Company will, subject to securing all shareholder and regulatory approvals including shareholder approval under Listing Rule 7.1, pay to the shareholders of Carolina 1,000,000,000 fully paid ordinary shares in the Company in consideration for the Sale Shares (Consideration Shares) and assume all obligations of Carolina (through Arlupo or otherwise) to meet any future payments owing under the Offer Agreement.
The aggregate of the Hotel Property Consideration and the Sale Shares Consideration is RM86,000,000 (equivalent to approximately S$27.3 million) (“Aggregate Consideration”).