Balancing Payment Date definition
Balancing Payment Date means the date falling five Business Days after the date on which the Working Capital Statement and Working Capital Adjustment are finally agreed or determined in accordance with schedule 7;
Balancing Payment Date means the later of:
Balancing Payment Date means the date falling seven days after the Asset Confirmation Date;
Examples of Balancing Payment Date in a sentence
Such interest which shall be charged for the period beginning on the Completion Date and ending on the date of actual payment (both before and after judgment) at the rate of 2% above LIBOR as at the Completion Date with respect to deposits with a term most nearly corresponding to the time period between the Completion Date and the Balancing Payment Date.
More Definitions of Balancing Payment Date
Balancing Payment Date means the first Business Day date falling three Business Days after the Net Worth Confirmation Date;
Balancing Payment Date means the fifth Business Day after the issue of the Final Certificate of the Net Asset Adjustment;
Balancing Payment Date means the Business Day falling five (5) Business Days after the later of (a) issue of the Final Certificate of the Working Capital Adjustment; and (b) the final agreement or determination of the Closing Net Debt Statement;