Business Value Clause Samples

Business Value. Both the Seller and GRNQ hereby agreed the business value of A&G to be HK$7,423,260 i.e. equivalent to US$957,840(Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of A&G as at the date of April 30, 2015. The Seller will produce and provide a set of financial statements as at April 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that A&G is a going concern entity and the Seller hereby confirmed that A&G is a going concern entity.

Business Value. Both the Sellers and GRNQ hereby agreed the business value of GPVC to be US$7,962,000 (“Business Value”). The Business Value includes, comprises, and covers all the customers, fixed assets, investment, cash and cash equivalents, liabilities of GPVC as at the date of September 30, 2015. The Sellers will prepare and provide a set of financial statements as at September 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that GPVC is a going concern entity. The Sellers hereby confirmed that GPVC is a going concern entity.

Business Value. Both the Sellers and Buyer hereby agreed the business value of JustLorry to be MYR78,000,000 (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of JustLorry as at the date of December 31, 2022 (the “Closing Date”). The Sellers will produce and provide a set of financial statements as at December 31, 2022 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that JustLorry is a going concern entity and the Sellers hereby confirmed that JustLorry is a going concern entity.

Business Value. Both the Sellers and GRNQ hereby agreed the business value of Yabez to be HK$3,265,447 i.e. equivalent to US$421,348(Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the customers, fixed assets, cash and cash equivalents, liabilities of Yabez as at the date of April 30, 2015. The Sellers will produce and provide a set of financial statements as at April 30, 2015 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that Yabez is a going concern entity and the Sellers hereby confirmed that Yabez is a going concern entity.

Business Value. Both the Sellers and GRNQ hereby agreed the business value of BSHL to be HK$15,400,000 i.e. equivalent to US$1,987,097 (Exchange rate: $1.00=HK$7.75) (“Business Value”). The Business Value includes, comprises, covers all the assets including customers, fixed assets, cash and cash equivalents, liabilities of BSHL as at the date of March 31, 2017. The Sellers will produce and provide a set of financial statements as at March 31, 2017 for the purposes of this Agreement and establishment of the Business Value. The Business Value is arrived at and assumed that BSHL is a going concern entity and the Sellers hereby confirmed that BSHL is a going concern entity.

Business Value. The value of each owner’s respective interest in said business (including not only physical assets but also good will, all intangible assets, use of the firm name, and all profits earned to the date of sale) for the purpose of sale on the withdrawal or retirement, the disability or the death of an owner shall be the value set forth in Schedule A attached to this agreement and made a part hereof. Each year the owners shall establish a value for the business and their respective interests (either by affirmation of the immediately preceding value or by establishment of a new value) and such valuation shall be endorsed on Schedule A and signed by each owner and shall be the sale price for their respective interests. If the parties fail in any year to so establish a value, the immediately preceding established value shall control; provided, however, that if no value shall have been affirmed or established within two years prior to accountants is vital. This sample document is provided solely for informational referential purposes and does not constitute tax, legal or financial advice. the withdrawal or death of an owner, the value of an owner’s interest shall be established by the independent accountant usually retained to audit the books of the business. If no such accountant is regularly retained, the valuation shall be established by a certified public accountant acceptable to the business and the executor or administrator of the deceased owner.

Business Value. Standards should support business processes, be tied to trading partner needs and demonstrate its business value. In order to provide this value, standards should be created pragmatically, only in response to business requirements coming from trading partners, where there is a genuine intention to implement. The definition of the standards is driven by the business needs of trading partners. The overall cost of implementation of standards needs to be considered aiming to achieve the best overall value for the total supply chain. Savings in one part of the supply chain could result in larger efforts and/or costs elsewhere in the same supply chain. Impacts for implementing and maintaining standards need to be taken into account. Costs and benefits should be spread fairly across participants.