Balance Sale Consideration definition

Balance Sale Consideration means the amount payable by the Successful Bidder towards purchase of the Dahej Asset after adjusting the Earnest Money Deposit and participation fees (if any) deposited in the Sale Process including all applicable duties and taxes for example GST, TCS etc.
Sample 1Sample 2
Balance Sale Consideration means the amount payable by the Successful Bidder towards purchase of the Auction Asset after adjusting the Earnest Money Deposit (if any) deposited in the present E- Auction Process including all applicable duties and taxes for example GST, TCS etc.
Sample 1

Examples of Balance Sale Consideration in a sentence

  • Balance Sale Consideration, if any, after adjusting the Total Sale Consideration and the EMD, shall be paid on advance basis prior to lifting/delivery of Assets.

  • The radio log showed that the system remained as set by the technician until Sunday 28 March 2004 at 0004, when the “Otira and Tunnel” was disconnected from the West Coast radio line and reconnected to the Midland radio line using Selcall codes from the train controllers desk.

  • In the event of any breach/default by you with respect to furnishing the Balance Sale Consideration within the time period as specified in the Liquidation Regulations, the EMD provided by you, shall be liable to be invoked in accordance with Clause [] of the E - Auction Process Document in addition to any other recourse available to me.

  • Upon receipt of the Balance Sale Consideration, the sale shall stand consummated and the certificate of sale to transfer the assets of the Company relating to Block [•] shall be executed in your favour.

  • As per Paragraph 1(12) of Schedule I of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (“Liquidation Regulations”) and Clause [•] (and other relevant clauses) of the E - Auction Process Document, you are required to pay the Balance Sale Consideration of Rs. [●]/- (Rupees [●] only) (“Balance Sale Consideration”), towards the said sale of the Companywithin 90 (ninety) days from the date of issuance of this letter.

  • In the event of any breach/default by you with respect to furnishing the Balance Sale Consideration within the time period as specified in the Liquidation Regulations, the EMD provided by you, shall be liable to be invoked in accordance with Clause [•] of the E - Auction Process Document in addition to any other recourse available to me.

  • As per Paragraph 1(12) of Schedule I of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (“Liquidation Regulations”) and Clause [] (and other relevant clauses) of the E - Auction Process Document, you are required to pay the Balance Sale Consideration of Rs. [●]/- (Rupees [●] only) (“Balance Sale Consideration”), towards the said sale of the Companywithin 90 (ninety) days from the date of issuance of this letter.

  • The Successful Bidder shall be required to pay the Balance Sale Consideration as per the terms stipulated in the E-Auction Process Document.

  • The Balance Sale Consideration shall be payable within thirty (30) days of the date of such demand.

  • The Balance Sale Consideration is calculated as the difference between the Bid Value and the EMD of the Successful Bidder plus applicable taxes: Balance Sale Consideration = Bid Value – EMD The Successful Bidder shall pay the Balance Sale Consideration and other applicable charges within 15 days of the demand for the same made by the Liquidator.

Related to Balance Sale Consideration

  • 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.

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

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

  • 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.

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

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

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

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

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

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

  • 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.

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

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

  • 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.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

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

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

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • 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.

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

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