Examples of Put Option Consideration in a sentence
On 21 November 2014, the Shareholders passed a special resolution to grant each of the TG Optionholders the right to sell a maximum number of 23,645,210 TG Shares to the Company or GoldCom for a maximum of 1,262,020,649 New Put Option Consideration Share (Please refer to the Company’s circular dated 2 November 2014).
The Put Option Consideration is based on the projected net operating income of the Put Option Properties for the 12 months commencing 1 April 2013 (the assumed date that the Put Option is exercised by SA Corporate Real Estate) capitalised at the applicable rate (10.0% for the Middleburg Property and 11.5% for the Gingindlovu Property).
The Put Option Consideration of R35.6 million comprises R27.9 million for the Middleburg Property and R7.7 million for the Gingindlovu Property).
On 21 November 2014, the Shareholders passed an special resolution to grant each of the TG Optionholders the right to sell a maximum number of 23,645,210 TG Shares to the Company or GoldCom for a maximum of 1,262,020,649 New Put Option Consideration Share (Please refer to the Company’s circular dated 2 November 2014).
In the event that the amount to be set-off shall be greater than the Put Option Consideration, the Purchaser shall pay such excess amount to the Vendor at Put Option Completion.
The acquisition consideration and acquisition costs are settled from the proceeds of the Placement and Debt Funding.6. Represents the Put Option Acquisition for R36.1 million (comprising a Put Option Consideration of R35.6 million and capitalised acquisition costs of R0.5 million).
THE WHOLESALE DESTRUCTION OF THE CITY'S HOUSING STOCK THAT HAS BEEN CARRIED OUT BY SUCCESSIVE COUNCILS, BOTH LABOUR AND TORY, IS A MAJOR CRIME AGAINST THE PEOPLE OF CARDIFF.
Mr. Rockoff explained, however, that he could not yet submit applications for immigration relief at that time because he had not yet received Mr. Sajous’s A file from opposing counsel or through his FOIA request.
The Directors consider that the Final Put Option Consideration is fair and reasonable.
In determining if disclosure of the documents would be contrary to the public interest, I must consider all relevant facts and circumstances remaining mindful the object of the FOI Act is to facilitate and promote the disclosure of information.