Non-Debt Instruments definition

Non-Debt Instruments means the following instruments; namely:-
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Examples of Non-Debt Instruments in a sentence

  • The Company acknowledges that any investment/ acquisition of the Sale Shares by the Purchaser shall be treated as an indirect foreign investment under the terms of Regulation 4(11) of the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019, as amended from time to time, and under Rule 23 and Schedule VIII of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, as amended from time to time.

  • Instead, part of the consideration will be paid to ▇▇▇▇▇ and ▇▇▇▇▇ in the form of earn-out consideration, which will be based on their performance and achievement of milestones [Participants are free to draft the earnout provisions based on their milestones, such that, this payable consideration shall remain compliant with the pricing norms under the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019].

  • The Seller is a company duly incorporated, organized and validly existing under the Laws of India, and is a „Company owned by Resident Indian Citizens‟ as defined in the Non-Debt Instruments Rules.

  • Notwithstanding anything contained in this Agreement, the statement contained in this Section 5.11 shall be the sole warranty provided by Purchaser with respect to compliance with Press Note 3 (2020 Series) issued by the Department for Promotion of Industry and Internal Trade on April 17, 2020 and Rule 6(a) of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.

  • The Cash Sellers shall have delivered to the Acquirer, a certified copy of a valuation certificate issued by a chartered accountant or a merchant banker registered with the Securities and Exchange Board of India or a practicing cost accountant for calculating the fair market valuation of the Cash Sale Shares and the OS Option Shares in accordance with the requirements of Rule 21(2)(b)(iii) to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.

Related to Non-Debt Instruments

  • Debt Instruments means bonds, notes or other debt securities (however defined), which are or are intended to be quoted, listed, traded or otherwise admitted to trading on a Regulated Market or an MTF.

  • Pledged Debt Instruments means all right, title and interest of any Grantor in Instruments evidencing any Indebtedness owed to such Grantor, including all Indebtedness described on Schedule 2 (Pledged Collateral), issued by the obligors named therein.

  • Debt Instrument means any loan, bond, debenture, promissory note or other instrument evidencing indebtedness (demand or otherwise) for borrowed money or other liability;

  • Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Security Agreement.

  • Municipal debt instrument means any note, bond, debenture or other evidence of indebtedness issued by a municipality, including dematerialised or electronic evidence of indebtedness intended to be used in trade;