Balance Consideration definition

Balance Consideration means the Sale Price received by Coinllectibles from the Purchaser less the Commission, to be transferred to the owner.

Balance Consideration means the payment of remaining 80% of Final Consideration payable by the Successful Bidder as per terms of sub-clause X of Clause 4.3 of this document.

Balance Consideration means HKD O which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Examples of Balance Consideration in a sentence

• On the Completion Date, the Purchaser shall authorise the solicitors to release the Balance Consideration to the Vendor and simultaneously the Vendor shall authorise the solicitors to immediately release the completion documents to the Purchaser and/or Innov8tif Holdings’ company secretary to, amongst others, effect the transfer of the Sale Shares to the Purchaser.

• It is expected that the payment of the First Payment and the Balance Consideration over time will improve the liquidity and financial position of the Vendor.

• The First Payment and the payment of 66 monthly instalments to settle the Balance Consideration will be applied for the Vendor’s working capital.

• The completion of the SSA shall be take place within 14 days from the Unconditional Date or such other date as may be agreed upon between the Parties (“Completion Date”) and upon the full payment of the Balance Consideration to the Vendor in accordance with the manner payment as set out in Section 2.3.2 of this announcement.

• APSB shall be entitled to terminate the Agreement in the event that the Project is abandoned by CCPSB subject to APSB’s right to forfeit the Initial Cash Consideration paid hereunder and the Balance Consideration (if paid) and the termination provisions as set out in Section 3.4.2 above shall apply accordingly.

More Definitions of Balance Consideration

Balance Consideration shall have the meaning ascribed to it in Clause 4.2(ii);

Balance Consideration means USO 50,000 which shall be transfen-ed by the Purchaser to the Vendor as part ofthe Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means £130,000 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means together the Cash Balance Consideration and the Share Balance Consideration as defined in Section 2.03(c).

Balance Consideration means USD 50,000 which shall be transferred by the Purchaser to the Vendor as part of the Purchase Price in accordance with Clause 8 of this Agreement upon Completion.

Balance Consideration means the balance of the Consideration for the Sale

Balance Consideration means the balance amount after deducting (i) the First Payment,(ii) the Second Payment and (iii) the Third Payment from the Consideration, which for purposes of the Balance Consideration, is calculated on a proforma basis with reference to the Proforma NOAV of F2S1 as determined in accordance with the SSA;