Completion Net Assets definition

Completion Net Assets the number in the Completion Balance Sheet that corresponds to "Net Assets (Excluding Net Debt)" ((Pound Sterling)220,365,000) as at the Base Line Balance Sheet
Completion Net Assets has the meaning given in paragraph 4 of Schedule V;
Completion Net Assets means the value of net assets of the Company as set forth in the Completion Accounts;

Examples of Completion Net Assets in a sentence

  • Under the recapitalisation plan of the Bank executed in 2011, the Asset Management Corporation of Nigeria (AMCON) provided Financial Accommodation to bring the Bank’s Completion Net Assets Value (NAV) to zero.

  • Though listeriosis is less common than other foodborne pathogens, it has the third highest fatality rate of over 20% (Bennion et al., 2008; CDC 2011; Omac et al., 2015; Sant’Ana et al., 2012; Todd and Notermans 2011).

  • Stated upon Town Planning advice they were told they would have to set it back approx.

  • The Completion Net Assets shall include cash at bank but only to the extent it has been fully reconciled to bank statements, is freely available at the Effective Time.

  • Any effect of change of ownership of the Company shall be excluded from the Completion Net Assets.


More Definitions of Completion Net Assets

Completion Net Assets the aggregate of the amount of the issued share capital of the Company and the amount of the capital and revenue reserves of the Company as shown in the Completion Accounts.
Completion Net Assets the unaudited consolidated net asset value of Dragon Fortune as at the Completion Date (subject to adjustment, if any);
Completion Net Assets means the aggregate amount of the total assets less the total liabilities and Free Cash of each Company, (adjusted if necessary in accordance with paragraph 3 and converted , where applicable, into Pounds Sterling at the Contract Rate) in each case on the Completion Date and as shown by the Completion Accounts once final and binding between the parties. The Completion Accounts for HCCFSA shall exclude all fiscal provisions ("Provisions Reglementees").
Completion Net Assets the aggregate assets less the aggregate liabilities of the Company, in each case as shown in the Completion Statement, calculated on a consolidated basis in accordance with the accounting principles, policies, standards, practices, evaluation rules and estimation techniques referred to in part 2 of this Schedule 9 less an amount equal to the Unpaid Sellers’ Expenses.
Completion Net Assets. (a) the current assets; less
Completion Net Assets means the amount of the total assets less total the liabilities of the Group (including the Business) (including for the avoidance of doubt the Content Excluded Items) (adjusted if necessary in accordance with the principles set out in Part II of this Schedule) as shown by the Completion Accounts once final and binding between the parties.
Completion Net Assets has the meaning given in paragraph 1 of Schedule 9 (Completion Accounts).