Auction Consideration definition

Auction Consideration. [$[ ] in cash] [$[ in shares of Common Stock] The undersigned Borrower acknowledges that this Auction Notice may not be withdrawn. The Auction shall be consummated in accordance with the Auction Procedures with each Return Bid due by [ ]. Very truly yours, [BORROWER] By: Name: Title: Annex B FORM OF RETURN BID [Lender Letterhead] [Manager] [Address] Attention: [ ] Re: Auction Ladies and Gentlemen: Reference is made to the Second Amended and Restated Credit Agreement, dated as of January 9, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among CBRE Services, Inc., a Delaware corporation, CBRE Limited, a limited company organized under the laws of England and Wales, CBRE Limited, a corporation organized under the laws of the province of New Brunswick, CBRE Pty Limited, a company organized under the laws of Australia and registered in New South Wales, CBRE Limited, a company organized under the laws of New Zealand, CBRE Group, Inc., a Delaware corporation, the lenders from time to time party thereto (the “Lenders”), and Credit Suisse AG, as Administrative Agent and Collateral Agent for the Lenders. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Credit Agreement and the Auction Procedures set forth as Exhibit D thereto. The undersigned Lender hereby gives notice of its participation in the Auction by submitting the following Return Bid:1 Applicable Loan Reply Price (price per $1,000) Reply Amount Tranche A Loans $ [ ] $ [ ] Other Term Loans $ [ ] $ [ ] The undersigned Lender acknowledges that the submission of this Return Bid along with an executed Auction Assignment and Acceptance, to be held in escrow by the Manager until released in accordance with the Auction Procedures, obligates the Lender to sell the entirety or its pro rata portion of the Reply Amount at the Applicable Discounted Price, and that this Return Bid may not be withdrawn.
Sample 1

Examples of Auction Consideration in a sentence

  • This would not be the case with the Bypass where its alignment consists of two curves of 510m radius where no overtaking is allowed on a single carriageway, thus the capacity of a WS2 layout would be significantly below the maximum value of 21000vpd.

  • Thus, the aggregate Shortfall ET Amount for all the PCA Seller Fund Exchange Trusts is the amount by which the Net Auction Consideration paid to all of the PCA Seller Fund Exchange Trusts is less than their Adjusted Final NAV of $500 million.

  • Comparison with other similar acquisition To further assess the fairness and reasonableness of Beijing Auction Consideration, we have searched over the internet for acquisitions of the target company which is principally engaged in auction related business since 1 February 2017, being approximate three-month period prior to and including the date of the Equity Transfer Agreements, and up to the date of Equity Transfer Agreements by listed companies in PRC (including Hong Kong), for comparison purpose.

  • However, for the purpose of adjusting the Auction Consideration, the actual shortfall between the Average Profit and the Average Profit Guarantee has yet to be ascertained until the release of audited accounts of CKSLF for the financial year ending 30 June 2019, which is expected to be available on or before 31 December 2019.

  • Based on MHT’s and BEN’s unilateral change to the CVR Contract’s definition of “Net Auction Consideration,” however, they both now claim that the Shortfall ET Amount for is zero on the ground that, because there is no longer a “cash or cash equivalent requirement,” the Net Auction Consideration includes the $350 million worth of GWGH common stock and GWGH L-Bonds that remain in the PCA Seller Fund Exchange Trusts.

  • Negotiable Item #5 - Council on Affordable Hausing's (CQAH) Use of the State Development and Redevelopment FlanAT ISSUE: Die County prefers to see wetlands, stream corridors, greenways and blueways recognized as potentially undevelopable land areas in Tier 4, and believes that CQAH should not use these areas as a basis for fair share housing allocations.KKSUUft The FDC and IXC.

  • Motion carried with a 5-0 voice vote.• Golf - T-Shirts• Boys Soccer Clothing• Boys Soccer - Youth Camp• Boys Soccer X-Grain Sportswear• Nutrition - Cookie Dough• Elem PBIS Easter Eggs• Art Club Service Auction Consideration to Approve Contract with Barnes PRCA Rodeo - Ms. Wanfalt and Tate Boysen were present to seek approval on the Stock Contractor Contract for the 2018 Wapello FFA PRCARodeo.

  • The implied PER of the Beijing Auction Acquisition based on the Beijing Auction Consideration and 35% of the profit after tax attributable to the owner of Beijing Auction for the year ended 31 December 2016 (i.e. 100%: approximately RMB116,218,000).

  • The consideration reflects a historical implied price-earnings multiple of about 14.9 in 2016, and has been determined with reference to price-to-earnings ratios of global comparable listed companies principally engaged in auction business.For the purpose of assessing the fairness and reasonableness of the Beijing Auction Consideration, we have performed a trading multiples analysis which includes the price to earnings ratio (“PER”) and the price to book ratio (“PBR”).

  • Internet Auction- Consideration of a motion recommending to Council approval of a Resolution authorizing the sale of personal property no longer needed for municipal purposes via internet auction in the calendar year 2022.

Related to Auction Consideration

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Earnout Consideration shall have the meaning specified in Section 2.03(b).

  • Equity Consideration has the meaning set forth in Section 2.3(b)(ii).

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Total Consideration means, with respect to any Acquisition, all cash and non-cash consideration, including the amount of Indebtedness assumed by the buyer and the amount of Indebtedness evidenced by notes issued by the buyer to the seller, the maximum amount payable in connection with any deferred purchase price obligation (including any Earn-Out Obligation) and the value of any Capital Stock of any Loan Party issued to the seller in connection with such Acquisition.

  • Base Consideration has the meaning set forth in Section 1.2.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • 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.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $50,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Scheme Consideration means, in respect of:

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Unit Consideration has the meaning set forth in Section 2.2(a).