Actual Realisation definition
Actual Realisation. (and the correlative term “Actually Realises”) means, with respect to a Relief, either (i) the receipt by any party (or any member of such party’s Group) of cash from a Taxation Authority reflecting such Relief or (ii) the application of such Relief to reduce any cash payments with respect to Taxes which that party would have otherwise made without regard to such Relief;
Actual Realisation consideration received by or on behalf of any Group Company on the sale or other disposal, by whatever means and whether in one or a series of transactions, of any asset or any interest in any asset (including for the avoidance of doubt the Zhongying Interest);
Examples of Actual Realisation in a sentence
If a fee is paid for such an Accounts Realisation no fee shall be paid for an Actual Realisation of the Zhongying Interest in the event of a cash realisation at a later date.