Examples of Cash Purchase Consideration in a sentence
Summary of Sponsor Group Proposed Transaction(1) THE FOLLOWING IS A SUMMARY OF THE STRUCTURE AND TERMS PROPOSED BY THE SPONSOR GROUP: [x] Cash Purchase Consideration .
Sunsuria shall on the SDSDSB Completion Date, deliver to Sime Darby Property the Assignment of Proceeds executed by Sunsuria in favour of Sime Darby Property for the purposes of securing Sunsuria’s obligations and liabilities in respect of the settlement of the SDSDSB Balance Cash Purchase Consideration and any late payment interest (if any) payable on such sum under the SDSDSB SPA, in or substantially in the form set out in the SDSDSB SPA.
Upon payment by the Warrantholder to the Company of U.S. $3.00 for each Warrant desired to be exercised (the "Cash Purchase Consideration"), each Warrant entitles the Warrantholder to purchase one share of Common Stock for U.S. $15.50 (the "Exercise Price"), subject to adjustment as provided herein.
The Cash Purchase Consideration of $275,000 will be reduced by $2.78 per share for each share owned by non-party shareholders which Sellers are unable to deliver to Buyers at Closing pursuant to Section 7.1.
In the event that the Fund Raising Exercise is not implemented or completed for any reason whatsoever, there is also no guarantee that the Company will be able to obtain sufficient borrowings to fund the SDSDSB Balance Cash Purchase Consideration.
Purchaser has and will have at the Closing Date, sufficient cash on hand or other sources of immediately available funds to enable Purchaser to timely pay the Cash Purchase Consideration.
Written questions and answers will regularly be made available to all at udbud.dk in anonymous form.
The SDSDSB Balance Cash Purchase Consideration and the settlement of Sime Darby Advances are expected to be funded via a combination of internally-generated funds, funds from the Fund Raising Exercise as well as bank borrowings, the quantum of which has not been determined as at the date of this Announcement.
If the SDSDSB Balance Cash Purchase Consideration is not paid on or before the SDSDSB Balance Cash Purchase Consideration Payment Date, Sime Darby Property shall be authorised and entitled to exercise all its rights and entitlements in respect of the assigned moneys under the Assignment of Proceeds to enforce payment of the SDSDSB Balance Cash Purchase Consideration.
As set out in Section 2.4 of this Announcement, it is the intention of the Board to fund the SDSDSB Balance Cash Purchase Consideration via, inter-alia the proceeds from the Fund Raising Exercise.