Completion Amount definition

Completion Amount has the meaning given in Clause 3.2.1;
Completion Amount has the meaning set out in Clause 3;
Completion Amount has the meaning set forth in paragraph (b) of Section 3 hereof.

Examples of Completion Amount in a sentence

  • 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.

  • 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).

  • 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.

  • Merchant agrees that, until Purchaser receives the Completion Amount, Mxxxxxxx will not voluntarily close its business on a permanent or temporary basis for renovations, repairs, or any other purposes.

  • Guarantor will not dispose, convey, sell or otherwise transfer, or cause Merchant to dispose, convey, sell or otherwise transfer, any material business assets of Merchant without the prior written consent of Purchaser, which consent may be withheld for any reason, until Purchaser has received the Completion Amount.


More Definitions of Completion Amount

Completion Amount means the Initial Share Consideration plus the Estimated Net Current Assets;
Completion Amount means Working Capital, plus Net Cash;
Completion Amount has 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 75% of the Purchase Price. "Completion Date" means the date on which the sale and purchase of the Business is completed, in accordance with clause 4.1. "Confidential Information" means information of every kind concerning or in any way relating to the customers, business transactions, business methods, records, forms, charges, financial affairs, trade secrets
Completion Amount has the meaning given in Clause 3.1; “Court” means the High Court of Justice in England and Wales; Back to Contents