Novation Consideration definition

Novation Consideration means the amount of consideration to be paid by AIG-FP to UBS for
Sample 1
Novation Consideration means $44,120,000 paid by XL Life to ALRe as consideration for the Novations.
Sample 1
Novation Consideration means the amount payable by each Owner to Elandra under each Novation Side Letter being the amounts paid by Elandra up to the date of Completion in respect of (i) Contract instalments paid to the Builder under each Shipbuilding Contract, (ii) amounts paid to the Construction Supervisor in relation to the Vessels, (iii) other expenditure and out of pocket expenses incurred by Elandra or Xxxxxx in respect of the Vessels or the Shipbuilding Contracts as agreed between the Parties, (for the avoidance of doubt, excluding finance costs) which is detailed in Schedule 8 to this Agreement;
Sample 1

Examples of Novation Consideration in a sentence

  • Consideration The Consideration payable by the Buyer in the amount of US$16,000,000 (equivalent to approximately HK$124,000,000) consists of (a) the Novation Consideration; and (b) the consideration in respect of the transfer of the Sale Shares which is equal to an amount being US$16,000,000 (equivalent to approximately HK$124,000,000) less the Novation Consideration (the ‘‘Sale Shares Consideration’’).

  • The figure is calculated by the amount of the Consideration, deducted by amount of the Novation Consideration, and the amount of Novation Consideration is calculated up to and including 31 August 2021, which is the latest practicable date for ascertaining the amount of the Novation Consideration prior to entering into the Sale and Purchase Agreement.

  • The Sale Shares Consideration is US$10,535,682.65, being the amount equals to US$16,000,000 less the Novation Consideration.

  • Selective effects of potassium elevations on glutamate signaling and action potential conduction in hip- pocampus.

  • After the entering into of the Tax Novation Agreement and during the negotiations of and due diligence for the 2017 June IAC Capital Increase Agreement, the potential investors of IAC expressed their concerns over the Settlement Arrangement to use the Operation Advances to partly settle the Novation Consideration and therefore deprived IAC of the Operation Advances.

  • The highest percentage ratio applicable to the Proposed JX Nippon Contract Novation pursuant to Paragraph 10.02(g) of the Listing Requirements is 169.07%, computed based on the Novation Consideration against the audited NA of the Group as at 31 December 2016.

  • In consideration of the Proposed JX Nippon Contract Novation, YESB agrees to pay THHE the Novation Consideration within 14 days following the Trigger Date, subject to the delivery by THHE to YESB of a declaration on the absence of encumbrances over the JX Nippon Contract as at the Trigger Date.

  • THHE and YESB had on 30 April 2018 entered into a conditional agreement simultaneously with the execution of the Executed Novation Agreement, which sets out the terms of payment of the Novation Consideration by YESB to THHE pursuant to the JX Nippon Contract Novation (“ Executed Consideration Agreement”).

  • On Completion, the Share Sale Consideration shall be paid in cash by the Purchaser to Oxley International and the Loan Novation Consideration shall be paid in cash by the Purchaser to the Company.

  • Woodlands paid Mountainview for the novation of these insurance liabilities (the "Novation Consideration").


More Definitions of Novation Consideration

Novation Consideration has the meaning given to it in the Recitals;
Sample 1
Novation Consideration means in respect of each Vessel: (i) the Buyers' assumption of the Outstanding Cost Balance under the relevant Bareboat Charterparty as at Delivery; (ii) the Warrant Shares issued upon a valid exercise of the Warrant in respect of such Vessel; and (iii) the Cash Consideration for that Vessel;
Sample 1

Related to Novation Consideration

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Permitted Acquisition Consideration means, in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Debt and/or Guaranties, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Debt assumed in connection with such Permitted Acquisition; provided in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof by Holdings or its Restricted Subsidiaries.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Base Consideration is defined in Section 2.2.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Aggregate Stock Consideration means a number of shares of Acquiror Common Stock equal to the quotient obtained by dividing (i) (x) the Base Purchase Price less (y) the Aggregate Cash Consideration, by (ii) $10.00.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Cash Merger Consideration has the meaning set forth in Section 2.2(a).

  • Independent Consideration shall have the meaning as set forth in Section 2.14.

  • Scheme Consideration means, in respect of:

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Aggregate Consideration has the meaning set forth in Section 11.6(C).

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).