SD Amount definition

SD Amount means initially the sum of £1,674,750 (one million six hundred and seventy four thousand, seven hundred and fifty pounds) (representing the stamp duty (including interest) which could be payable in connection with the Pre-Sale Reorganisation) and then the amount held in the SD Account from time to time including any sums credited for interest;

Examples of SD Amount in a sentence

  • The provisions of the SD Account Agreement and of this agreement relating to the SD Amount and the SD Account shall not prejudice the rights of the Purchaser to make any Claim or limit the amount of any such Claims.