Disposal Consideration Sample Clauses

Disposal Consideration. The consideration for the Proposed Disposal shall be determined between the Parties through negotiations on an arm’s length basis based on the value of the Properties as set out in the Framework Agreement (the “Value of the Properties”) and the total value, as at the date of completion of the Proposed Disposal, of the other assets owned by the relevant Target Companies as maybe agreed by the Parties and the direct or indirect holding companies of such Target Companies as maybe agreed by the Parties less the liabilities as at the date of completion of the Proposed Disposal in respect of the relevant Target Company as maybe agreed by the Parties and the direct or indirect holding companies of such Target Company (the “Disposal Consideration”). The Value of the Properties as stated in the Framework Agreement is approximately RMB 6.70 billion (equivalent to approximately HK$7.70 billion).
AutoNDA by SimpleDocs
Disposal Consideration. In arriving at the Disposal Consideration of S$40.97 million, the Board took into account, inter alia, the preliminary findings on the business valuation of the Disposal Group as at 31 October 2014 of S$60.92 million (equivalent to RMB289.68 million based on the agreed exchange rate of RMB1.00: S$0.2103 as at 31 October 2014) as determined by Beijing Northern Xxxxx Assets Appraisal Co., Ltd (“Beijing Xxxxx”), as adjusted for the special dividend of S$19.95 million declared by the Board on 31 October 2014. The Disposal Consideration is subject to and conditional upon the business valuation of the Disposal Group to be set out in a final business valuation report in respect of the Disposal Group prepared by Beijing Xxxxx (“Final Beijing Xxxxx Report”) being no less than S$60.92 million (equivalent to RMB289.68 million, based on the agreed exchange rate of RMB1.00: S$0.2103 as at 31 October 2014). As the Purchase Consideration of the Proposed Acquisition is to be partially satisfied by transferring the Disposed Shares to Guide True, there are no sale proceeds arising from the Proposed Disposal. As the Disposal Group will be disposed at S$40.97 million and the Adjusted NAV of the Disposal Group as at 31 October 2014 based on the unaudited management accounts of the Disposal Group as at 31 October 2014 is approximately S$39.11 million, there is a gain of approximately S$1.86 million to the Group arising from the Proposed Disposal.
Disposal Consideration. The Disposal Consideration of HK$40 million (subject to adjustment) was determined after arm’s length negotiation between the Company and SomaFlex Holdings with reference to the unaudited net liabilities of the Disposal Group of approximately HK$49 million as at 30 September 2010 and the capitalisation of the Disposal Debt and the waiver of the Norray Debt which amounted to approximately HK$79.56 million and HK$0.44 million respectively as at 30 September 2010. The Disposal Consideration will be satisfied in cash. In the event the net asset value of the Disposal Group as shown in the Completion Balance Sheet exceeds the Disposal Consideration, SomaFlex Holdings shall pay such excess to the Company in cash. In the event that the net asset value of the Disposal Group as shown in the Completion Balance Sheet is less than the Disposal Consideration, the Company shall not be required to refund any surplus to SomaFlex Holdings. Disposal Conditions Disposal Completion is conditional upon, among other things:
Disposal Consideration. 4.1. The disposal consideration for the sale of the ADS business is as follows:
Disposal Consideration. The proceeds from the disposal of Blue Label Mexico will be applied to settle Blue Label’s total parent guarantee obligations of USD3.25 million payable to RBL Bank Limited on behalf of Oxigen Services India as well as USD5.375 million as a part payment by The Prepaid Company to SPV2 against its remaining liquidity support obligations of USD10 million. In line with Mexican taxation legislation, taxation is payable on the proceeds of the disposal. Accordingly, the balance of the proceeds receivable will be applied to pay such taxes up to a maximum of such residue.
Disposal Consideration. The disposal consideration for the Proposed Disposal is RM368 million and will be subject to any completion adjustment arising from the outcome of a due diligence exercise to be conducted by the Purchaser and will be provided for in the Definitive Agreement (if any) and the result of valuation(s) to be carried out by any independent valuers to be appointed by the Purchaser (“Disposal Consideration”). The Disposal Consideration shall be settled by the Purchaser in the following manner:

Related to Disposal Consideration

  • RISK CONSIDERATION There are no significant risks associated with the recommendations contained within this report. This application may be considered under existing MPS policies. Community Council has the discretion to make decisions that are consistent with the MPS, and such decisions may be appealed to the N.S. Utility and Review Board. Information concerning risks and other implications of adopting the proposed development agreement are contained within the Discussion section of this report. ENVIRONMENTAL IMPLICATIONS No environmental implications are identified.

  • FINANCIAL CONSIDERATION A. The College/University and the Facility shall each bear their own costs associated with this Agreement and no payment is required by either the College/University or the Facility to the other party, except that, where applicable, the Facility shall pay the tuition and other educational fees of students it places in the clinical experience program.

  • Special Considerations Special considerations in determining allowability of compensation will be given to any change in a non-Federal entity's compensation policy resulting in a substantial increase in its employees' level of compensation (particularly when the change was concurrent with an increase in the ratio of Federal awards to other activities) or any change in the treatment of allowability of specific types of compensation due to changes in Federal policy.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Settlement Consideration 2. In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.

  • Financial Considerations 5.1 In the event aggregate funding provided to SCDDO from county, state and/or federal sources is reduced or in any way becomes insufficient to fund this Agreement, the obligations of both SCDDO and the CSP must thereupon be: (1) reduced on a pro rata basis, or (2) renegotiated or terminated, provided that any termination of this Agreement must be without prejudice to any obligations or liabilities of the parties accrued prior to the termination.

  • Additional Considerations For each mediation or arbitration:

  • General Considerations a. All reports, drawings, designs, specifications, notebooks, computations, details, and calculation documents prepared by Vendor and presented to the Board pursuant to this Agreement are and remain the property of the Board as instruments of service.

  • First Consideration The Employer agrees that when a vacancy occurs or a new position is created at the worksite which is within the Union bargaining unit, the Employer shall give its employees, provided there are no employees currently on lay-off, first notice and first consideration in filling the vacancy or new position. Each employee who applies for the vacancy or new position shall be given equal opportunity to demonstrate fitness for the position by formal interview and/or assessment. Where an employee within the bargaining unit is not appointed to fill the vacancy or new position, she shall be given, upon request, an explanation as to why her application was not accepted. The request for reasons must be made within fourteen (14) calendar days of becoming aware that the employee is not the successful candidate, pursuant to Article

  • RENT CONSIDERATION 5.1 - Rent consideration installment payments shall be made during the month for which the installment applies.

Time is Money Join Law Insider Premium to draft better contracts faster.