Common use of Minus Clause in Contracts

Minus. On balance sheet liabilities relating to historical acquisitions based on the relevant put/call instruments and contractual formula with the minority shareholder using the latest audited statutory accounts available for these subsidiaries

Appears in 2 contracts

Sources: Shareholders Agreement (Willis Group Holdings PLC), Shareholders Agreement (Willis Group Holdings PLC)

Minus. On Off balance sheet liabilities relating to historical acquisitions based on the relevant put/call instruments and contractual formula with the minority shareholder using the latest audited statutory accounts available for these subsidiaries;

Appears in 2 contracts

Sources: Shareholders Agreement (Willis Group Holdings PLC), Shareholders Agreement (Willis Group Holdings PLC)