Completion Debt definition

Completion Debt has the meaning given in paragraph 1.3 of Error! Reference source not found. (Completion Statement Principles);
Completion Debt has the meaning given to such term in clause 3.2.1.
Completion Debt means the aggregate amount (if any) of the Borrowings of the Group Companies as at the Effective Time;

Examples of Completion Debt in a sentence

  • Up to the aggregate amount of the Adjustment Amount, the Purchase Price shall be reduced by the Completion Debt (if any) pursuant to clause 3.2. For the avoidance of doubt, there shall be no increase of the Purchase Price.


More Definitions of Completion Debt

Completion Debt means the aggregate of all borrowings and overdrafts on all bank accounts owed by the Company, and/or any other third party debt owed by the Company, in each case as at Completion as shown on the Completion Cash / Debt Statement
Completion Debt has the meaning given in paragraph 1.3 of Schedule 2 (Completion Statement Principles);
Completion Debt has the meaning given in Clause ‎11.3; Consideration has the meaning given in Clause ‎3.1.1;
Completion Debt has the meaning given in Part 1 of Schedule 8;
Completion Debt means, in relation to the Group Companies, the Debt outstanding and not repaid as of the Closing Date.

Related to Completion Debt

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • Final Completion Date means the date on which Final Completion occurs.

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Phase 2 means the second implementation phase of this section, beginning June 1, 2022 and continuing thereafter.

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Tests on Completion means the tests which are specified in the Contract or agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Construction Completion means physical construction of a cleanup action component is complete.