Completion Payment Amount definition

Completion Payment Amount means an amount equal to the Estimated Purchase Price.

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Completion Payment Amount has the meaning set out in Clause 6.11 (Funds flow at Completion);

Completion Payment Amount means £170,000,000;

Examples of Completion Payment Amount in a sentence

Seller shall include with such Change Notice the best information and documentation then reasonably available to Seller to support any change proposed by Seller to the Purchase Price (including the Substantial Completion Payment Amount) or the Guaranteed Substantial Completion Date based on such claim.
If Buyer adds new Work or reduces the scope of Work by a Buyer Discretionary Change initiated after the Closing and prior to the Substantial Completion Payment Date, any Purchase Price adjustment shall be effectuated through a payment by Buyer to Seller or a decrease of the Substantial Completion Payment Amount, as applicable, based on the best cost adjustment information reasonably available to Seller and Buyer at the time of such adjustment.
By executing a Change Order, Seller thereafter waives the right to assert any further claim for an extension to the Guaranteed Substantial Completion Date (or any dates that are a function of the Guaranteed Substantial Completion Date), or an increase to the Purchase Price (including by modification of the Substantial Completion Payment Amount), or any other compensation, relief, or right or remedy based on, arising out of, or relating to the subject matter of, or the claim addressed by, such Change Order.
The Parties acknowledge and agree that one (1) or more members of the Seller’s Group and/or one (1) or more EDS Entities have concluded or may conclude the Permitted Transactions set out in Schedule 4 (Permitted Transactions) in the period prior to Completion, none of which shall be prohibited, require consent, or, subject to Schedule 13 (Tax Matters), in any way result in any adjustment of the Completion Payment Amount or the Purchase Price.
By executing a Change Order, Seller waives the right to assert any further claim for an extension to the Guaranteed Substantial Completion Date (or any dates that are a function of the Guaranteed Substantial Completion Date), or an increase to the Purchase Price (including by modification of the Substantial Completion Payment Amount), or any other compensation, relief, or right or remedy based on, arising out of, or relating to the subject matter of, or the claim addressed by, such Change Order.
By executing a Change Order, Seller thereafter waives the right to assert any further claim for an extension to the Guaranteed Substantial Completion Date, or an increase to the Purchase Price (including by modification of the Substantial Completion Payment Amount), or any other compensation, relief or right or remedy based on, arising out of or relating to the subject matter of, or the claim addressed by, such Change Order.
By executing a Change Order, Seller thereafter waives the right to assert any further claim for an extension to the Guaranteed Substantial Completion Date (or any dates that are a function of the Guaranteed Substantial Completion Date), or an increase to the Purchase Price (including by modification of the Substantial Completion Payment Amount), or any other compensation, relief or right or remedy based on, arising out of or relating to the subject matter of, or the claim addressed by, such Change Order.
By the date of review thereof by the Seller Project Manager and the Buyer Contract Manager, Seller shall have updated the Change Notice to reflect its then current assessment of the expected effect of the Buyer-Caused Delay on the Purchase Price (including the Substantial Completion Payment Amount) or the Guaranteed Substantial Completion Date, as applicable, and provided such updated Change Notice to Buyer.
By the date of review thereof by the Seller Project Manager and the Buyer Contract Manager, Seller shall have updated the Change Notice to reflect its then current assessment of the expected effect of the Buyer Caused Delay on the Purchase Price (including the Substantial Completion Payment Amount) or the Guaranteed Substantial Completion Date, as applicable, and provided such updated Change Notice to Buyer.
The Purchaser will be readily able to pay the Completion Payment Amount at Completion in accordance with Clause 7.2 (Completion actions) subclause (a) of the Agreement.

More Definitions of Completion Payment Amount

Completion Payment Amount means AUD14,600,000, minus the Deposit.

Completion Payment Amount has the meaning ascribed thereto in clause 3.2; “Conditions Precedent” has the meaning ascribed thereto in clause 4.1; “Consideration” has the meaning ascribed thereto in clause 3.1; “Encumbrance” means any option, trust, power of sale, title retention, pre-emption right, right of first refusal, right of usufruct, Security Interest or other restriction, encumbrance, right, claim or interest of any kind, whether legal or equitable (or a legally binding agreement or commitment to create any of them); [***] “Escrow” means the arrangement under the Escrow Agreement as such term is defined in the SPA; “Estimated Consideration” has the meaning ascribed thereto in clause 3.3; “Excluded Assets” means all property, rights and assets owned by the Seller other than the Assets; [***] 707472.0019/8231680.1

Completion Payment Amount means the amount in USD notified by the Purchaser to the Sellers in accordance with clause 3.4 being an amount equal to:

Completion Payment Amount has the meaning given in Article 3.2.1(ii);