Base Consideration definition
Examples of Base Consideration in a sentence
The consideration for the transfer of the Assets shall be the payment by the Buyer to Xxxx-XxXxx of the Base Consideration as adjusted pursuant to this Agreement plus any VAT thereon.
Prior to any delivery to the Transferor Members of the Base Consideration, there shall be deducted from the Base Consideration an amount equal to the sum required to pay off the Construction Loan in full and to remove all other Monetary Liens and simultaneously with the Closing, the BRI Partnership shall pay off the Construction Loan.
The GST Consideration is payable at the same time and subject to the same conditions as the Base Consideration.
At the Closing, the BRI Partnership shall deliver to the Transferor Members the Base Consideration, plus, if then due, any Additional Consideration Installments, subject to the adjustments described in Section 12 of this Agreement by federal wired funds.
The Consideration Amount for the Transferor Membership Interests shall consist of a base consideration amount ("Base Consideration") plus additional consideration installments ("Additional Consideration Installments").