Common use of Adjusted Section 4044 Amount Clause in Contracts

Adjusted Section 4044 Amount. Seller will, or Parent will cause Seller’s successor to, also calculate the Section 4044 Amount using the same assumptions and methodologies as used to calculate the Section 4044 Amount pursuant to Paragraph A(2)(a), but adjusted to remove from the assets of the Seller Pension Plan an amount equal to Seller’s contributions to the Seller Pension Plan made between the date hereof and the Closing Date (the Section 4044 Amount so adjusted, the “Adjusted Section 4044 Amount”). Seller shall, or Parent shall cause Seller’s successor to, provide the information used to compute the Adjusted Section 4044 Amount for review by Buyer’s actuary. Buyer and Seller, or Parent will cause Seller’s successor to, cooperate in good faith and resolve and reconcile any differences or disputes with respect to the calculation of the Adjusted Section 4044 Amount as soon as practicable.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (Aquila Inc), Asset Purchase Agreement (Aquila Inc), Partnership Interests Purchase Agreement (Black Hills Corp /Sd/)

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