Examples of Estimated Adjustment Amount in a sentence
The “ Post-Closing True-Up” may be a positive or negative number and shall be an amount equal to the Actual Adjustment Amountless the Estimated Adjustment Amount.
If the Estimated Adjustment Amount is negative, then the Cash Consideration shall be decreased dollar for dollar by the absolute value of such deficiency.
If the Estimated Adjustment Amount is positive, then the Cash Consideration shall be increased dollar for dollar by the amount of such excess.
Each Seller will provide Buyer and its representatives with prompt access to such books, records, employees and auditors of such Seller as Buyer may reasonably request in order to verify the determination of the Estimated Adjustment Amount.
The Closing Statement, as agreed upon by the Parties, will be used to determine the Estimated Adjustment Amount at Closing.