Initial Consideration definition

Initial Consideration shall have the meaning set forth in Section 5.01.

Initial Consideration has the meaning set forth in clause 3.1;

Initial Consideration shall have the meaning specified in Section 2.1(a).

Examples of Initial Consideration in a sentence

• Pursuant to the Disposal Agreement, Eyang Shenzhen has conditionally agreed to sell and Weichuang Investment has conditionally agreed to purchase, the entire equity interest in Eycom, a wholly-owned subsidiary of Eyang Shenzhen and is principally responsible for the mobile phone business of the Group as at the date of this announcement, for the Initial Consideration of RMB3,444,850.85, subject to the adjustment as detailed below.

• This Note will become effective upon its execution by authorized agents of the Company and the Holder and delivery of the Initial Consideration by the Holder to the Company.

• Should the Audited NAV be higher than the Initial Consideration, the Consideration payable by Weichuang Investment should be increased by the amount equivalent to the difference between the Audited NAV and the Initial Consideration and the said difference should be paid by Weichuang Investment within the five Business Days from the date on which the Audited NAV being ascertained in writing by parties thereto.

• If the Audited NAV is lower than the Initial Consideration, the Consideration should be equal to the Initial Consideration.

• Such Initial Consideration was determined after arm’s length negotiations between Xxxxx Xxxxxxxx and Weichuang Investment and arrived at on normal commercial terms with reference to the unaudited net assets value of Eycom as at 30 June 2009 prepared in accordance with IFRS, which was approximately RMB23,444,850.85, and after the payment of dividend of RMB20,000,000 (the “Dividend”) of Eycom to its relevant shareholders.

More Definitions of Initial Consideration

Initial Consideration means the total amount a purchaser is obligated to pay under a business opportunity contract before or at the time products, equipment, supplies, or services are delivered or within six months after the date the purchaser begins operation of the business opportunity plan. The term means the total sale price if the contract states a specific total sale price for purchase of the business opportunity plan and the total sale price is to be paid as a down payment and one or more additional payments. The term does not include the not-for-profit sale of sales demonstration materials, samples, or equipment for not more than $500.

Initial Consideration has the meaning set forth in Section 3.1 herein.

Initial Consideration means the sum of the Initial Cash Consideration and the Assumed Liabilities (other than liabilities or obligations of the Acquired Companies).

Initial Consideration has the meaning set forth in Section 2.02.

Initial Consideration means the total amount a

Initial Consideration means the sum of the Initial Cash Consideration, the Trade Accounts Payable Adjustment Payment, the European Trade Accounts Payable Adjustment Payment, the Shared Accounts Payable Adjustment Payment, the Accrued Payroll and Benefits Adjustment Payment and the Assumed Liabilities.

Initial Consideration means the amount of the Total Consideration that is not Contingent Consideration.