Completion Amount definition

Completion Amount has the meaning ascribed to such term in clause 4.2;

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Completion Amount has the meaning given to that term in Schedule 7;

Completion Amount means Working Capital, plus Net Cash;

Examples of Completion Amount in a sentence

• If a request for Reconciliation is timely made after Purchaser has received the Completion Amount, and the Reconciliation results in part of the Completion Amount being refunded to Merchant, then Purchaser shall continue to receive weekly deliveries until it receives the Completion Amount.

• If Merchant previously sold Future Receipts to Purchaser but has not yet remitted the full Completion Amount pursuant to the prior transaction, Merchant hereby requests to repurchase the undelivered balance of the Amount Sold from that transaction and directs Purchaser to deduct the repurchase price from the Purchase Price and apply it to complete the prior transaction.

• You agree that a Receipts Custodian may rely on any instructions issued by us with respect to the delivery of the Future Receipts, including an instruction to deliver all Future Receipts to us in the event we declare the Completion Amount to be deliverable based on a breach of this Agreement.

• Weekly deliveries shall continue until Purchaser has received the Completion Amount, unless Merchant files for bankruptcy and/or goes out of business in the ordinary course, without first committing a Bad Act (as defined below).

• Merchant represents and warrants that it is in compliance and, until Purchaser receives the Completion Amount, shall be in compliance with all laws and has valid permits, authorizations and licenses to own, operate and lease its properties and to conduct the business in which it is presently engaged.

More Definitions of Completion Amount

Completion Amount has the meaning set forth in paragraph (b) of Section 3 hereof.

Completion Amount means the Initial Share Consideration plus the Estimated Net Current Assets;

Completion Amount shall have the meaning set forth in the Agreement for Lease.

Completion Amount shall have the meaning set forth in Section 2.10(c).

Completion Amount means the amount to be paid on Completion pursuant to clause 5.6, and equal to:

Completion Amount means the Adjusted Net Assets as at Completion minus the Adjusted Net Assets as at the Last Accounts Balance Date, which may be a positive or negative amount.

Completion Amount means US$31,500,000 (thirty-one million five hundred thousand US Dollars) less an amount equal to the Debt and less the Met Lab Settlement;