Balance Consideration definition

Balance Consideration means the Sale Price received by Coinllectibles from the Purchaser less the Commission, to be transferred to the owner.

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Balance Consideration means the payment of remaining 80% of Final Consideration payable by the Successful Bidder as per terms of sub-clause X of Clause 4.3 of this document.

Balance Consideration means HKD O which shall be transferred by the Purchaser to the Vendor as pait of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Examples of Balance Consideration in a sentence

The completion of the SSA shall be take place within 14 days from the Unconditional Date or such other date as may be agreed upon between the Parties (“Completion Date”) and upon the full payment of the Balance Consideration to the Vendor in accordance with the manner payment as set out in Section 2.3.2 of this announcement.
On the Completion Date, the Purchaser shall authorise the solicitors to release the Balance Consideration to the Vendor and simultaneously the Vendor shall authorise the solicitors to immediately release the completion documents to the Purchaser and/or Innov8tif Holdings’ company secretary to, amongst others, effect the transfer of the Sale Shares to the Purchaser.
The obligations of XSEL under this Agreement to complete the PRC Equity Transfer and to pay the PRC Payment and the Balance Consideration are subject to the satisfaction or waiver on or before the Group Closing Date of all of the following conditions and the delivery of all of the documents set out under Clause 3.2A (collectively, the “Group Closing Conditions”).
Notwithstanding that on Completion Date, the Retention Sum has not been paid by the Purchaser to the Vendor, the Sale Shares shall be duly vested in the Purchaser upon settlement of the Balance Consideration by the Purchaser to the Vendor in accordance with the terms and conditions as set out in 2.3.2(ii) of this announcement and the Purchaser shall then be the legal and beneficial owner of the Sale Shares on Completion Date.
APSB shall be entitled to terminate the Agreement in the event that the Project is abandoned by CCPSB subject to APSB’s right to forfeit the Initial Cash Consideration paid hereunder and the Balance Consideration (if paid) and the termination provisions as set out in Section 3.4.2 above shall apply accordingly.

More Definitions of Balance Consideration

Balance Consideration shall have the meaning ascribed to it in Clause 4.2(ii);

Balance Consideration means the balance of the Consideration for the Sale

Balance Consideration means together the Cash Balance Consideration and the Share Balance Consideration as defined in Section 2.03(c).

Balance Consideration means USD 50,000 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means £130,000 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means USO 50,000 which shall be transfen-ed by the Purchaser to the Vendor as part ofthe Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means the balance amount after deducting (i) the First Payment,