Examples of Vendor Debt in a sentence
Lastly, because of COVID-19 three women were currently living in migrant shelters, and two were living with their family in a house or an apartment.
NHF Vendor Debt Conversion: In connection with the Company’s acquisition of NHF, the Company entered into various arrangements with David Wattel and Mark Siegel (jointly 'the NHF Vendors').
Upon Completion, all Vendor Debt (if any) shall be discharged and settled, and the Target Company will cease to be a subsidiary of the Company and the Group will cease to have any interest in the Target Group.
The Initial Purchase Price shall be calculated by Enterprise Value of NZ$1,900 million (equivalent to approximately HK$10,059 million) less the Vendor Debt Balance, Cash Advance Facility Balance, Escrow Amount and Completion Deductible, each to be notified by the Vendor to the Purchaser prior to Completion, and subject to the First Adjustment (as defined below).
The Group expects to record gross proceeds of approximately NZ$1,880 million (equivalent to approximately HK$9,953 million), based on the unadjusted Initial Purchase Price and estimated Vendor Debt Balance and the net proceeds of approximately NZ$1,866 million (equivalent to approximately HK$9,878 million), after deducting the related transaction costs and expenses and tax, from the Disposal.