Sale Consideration definition

Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

Sale Consideration means the proceeds of any sale or other disposal of the relevant securities of a Minority Member pursuant to this rule 149.

Sale Consideration means the Bid of the Successful Bidder in E-Auction for the purchase of Assets plus all the applicable Taxes and all the statutory payments, etc. payable by the Successful Bidder;

Examples of Sale Consideration in a sentence

• The proceeds of any sale or other disposal of Securities pursuant to this clause 12 ( Sale Consideration) are to be paid to the Minority Holder or as the Minority Holder may direct.

• The Successful Bidder agrees that it shall be bound to pay the Sale Consideration for consummation of sale of Assets within the time frame stipulated in the E-Auction Process Document read with Liquidation Process Regulations.

• We declare that the Earnest Money Deposit (EMD) and the deposit towards Sale Consideration shall be / has been made by me / us as against my/our Bid and that the particulars of remittance and all other information shall be / have been provided by me/us in the Earnest Money Deposit Form.

• It is clarified that any necessary approvals, consents, reliefs that may be required to be obtained by the Successful Bidder with respect to the sale of Assets as contemplated in this E-Auction Process Document have to be obtained by the Successful Bidder without any deviation from the time frame for payment of Sale Consideration as stipulated under the Liquidation Process Regulations.

• The Company must as soon as practicable after the sale of the Securities of a Minority Holder, and to the extent that it may reasonably do so, distribute the Sale Consideration received to such Minority Holder entitled to the Sale Consideration provided that the Company has received any certificates issued to the Minority Holder with respect to the Security in the Company or in the case of loss or destruction of any such certificate, the statement and undertaking prescribed by Section 1070D(5).

More Definitions of Sale Consideration

Sale Consideration means the proceeds of any sale or other disposal of the relevant Securities of a Minority Member under this clause 9.8.

Sale Consideration means the proceeds of any sale or other disposal of the relevant securities of a Minority Member under this clause 6.8.(b) Subject to the Listing Rules, the Company is entitled to sell securities of a Minority Member on the following conditions:(i) the Company must give to the Minority Member a Notice that the Company intends to invoke the power of sale contained in this clause 6.8;(ii) the Minority Member must be given at least 6 weeks from the Notice Date in which to advise the Company that the member wishes to retain the member’s security holding;(iii) if the Minority Member advises the Company under clause 6.8(b)(ii) that the member wishes to retain the member’s security holding, the Company must not sell it; and(iv) subject to clause 6.8(b)(iii), at the expiry of the 6 week period, the Company is entitled to sell any security holding of the Minority Member which is, at the date of sale, less than a Marketable Parcel.

Sale Consideration means the aggregate price received (net of reasonable transaction costs and expenses, including applicable brokerage, stamp duty and other taxes or charges incurred by the Company or the Sale Nominee as a result of either the transfer of the Sale Shares to the Sale Nominee or the sale of the Sale Shares by the Sale Nominee, respectively) for the Sale Shares sold pursuant to the Sale Facility by the Sale Nominee in respect of a Designated Member;

Sale Consideration means the total sale consideration of the said premises as specified in the Application Form/ Allotment Letter;

Sale Consideration shall have the meaning set forth in Section 2.1(a).

Sale Consideration means the total amount payable by the Successful Bidder towards purchase of the asset under E-Auction, as bid for during E-Auction;

Sale Consideration shall have the meaning ascribed in Section 6.4.