After Reference Date Sample Clauses

After Reference Date. If the Put is exercised on or after the Reference Date, then the Put Price shall be equal to: (i) the sum of all cash contributions made by the CTC Members and the Additional Members to the capital of the Company (up to a maximum of $262,500,000 in the case of the CTC Members and $7,500,000 in the case of Edge) not allocable to the licenses (if any) that are transferred to the New LLC as contemplated by Section 9.7 (it being understood that, for purposes of this Section 9.3, and notwithstanding Section 2.2(c)(ii), all capital contributions to the Company made by the CTC Members and the Additional Members shall be allocated to the licenses acquired by the Company in the Auction on a pro rata basis in accordance with their respective purchase prices); plus (ii) an amount equal to a 24.7% per annum return on the contributions described in Section 9.3(a)(i), from and including the respective dates on which such contributions were made until but not including the date on which the Put Price is paid (the "Date of Payment") (except that if CTC exercises the Put after the first day of the Put Period, no return shall accrue on the contributions described in Section 9.3(a)(i) from and including the second day of the Put Period until but not including the date on which CTC exercises the Put), calculated on the basis of the actual number of days elapsed in such periods and compounded annually; plus (iii) the amount of any Adjusted Bidding Credits to which the CTC Members and the Additional Members are entitled pursuant to Section 9.6.
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Related to After Reference Date

  • Accounting Reference Date The Accounting Reference Date of each member of the Group is 31 December.

  • Reference Data Each reference in this Lease to any of the terms and titles contained in this Article shall be deemed and construed to incorporate the data stated following that term or title in this Article.

  • CROSS-REFERENCE TABLE TIA Section Indenture Section

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Closing Date Balance Sheet (a) Within thirty (30) days after the Closing Date, Buyer shall prepare and deliver to Shareholders' Representative a draft Closing Date Balance Sheet, which shall be prepared (i) in accordance with GAAP applied in a manner consistent with the past practice of the Company, except as otherwise specifically required by the Net Worth Methodology and (ii) in a manner consistent with the December Balance Sheet. (b) If Shareholders' Representative has no objections to the draft Closing Date Balance Sheet, such draft shall constitute the Closing Date Balance Sheet. If Shareholders' Representative has any objections to the draft Closing Date Balance Sheet, it will deliver a detailed statement describing its objections to Buyer within thirty (30) days after receiving the draft Closing Date Balance Sheet. Shareholders' Representative and Buyer will use their commercially reasonable efforts to resolve any such objections. If Shareholders' Representative duly gives Buyer such notice of objection, and if Buyer and Shareholders' Representative fail to resolve the issues outstanding with respect to the Closing Date Balance Sheet and the calculation of the Closing Date Net Worth within thirty (30) days of Buyer's receipt of Shareholders' Representative's objection notice, Buyer and Shareholders' Representative shall submit the issues remaining in dispute to PricewaterhouseCoopers, certified public accountants (the "Independent Accountants"). If issues remaining in dispute are submitted to the Independent Accountants for resolution, (i) Buyer and Shareholders' Representative shall promptly furnish or cause to be furnished to the Independent Accountants such work papers and other documents and information relating to the disputed issues as the Independent Accountants may request and are available to that party or its agents and shall be afforded the opportunity to present to the Independent Accountants any material relating to the disputed issues and to discuss the issues with the Independent Accountants; (ii) the determination by the Independent Accountants, as set forth in a notice to be delivered to both Buyer and Shareholders' Representative within thirty (30) days of the submission to the Independent Accountants of the issues remaining in dispute, shall be final, binding and conclusive on the parties and shall be used in the calculation of the Closing Date Net Worth; and (iii) Buyer shall bear fifty percent (50%) of the fees and costs of the Independent Accountants for such determination and fifty percent (50%) of such fees and expenses shall be paid from the Escrow Fund. (c) Buyer will make the work papers used in preparing the draft Closing Date Balance Sheet and the Closing Date Balance Sheet available to Shareholders' Representative at reasonable times and upon reasonable notice at any time during the preparation by Buyer of the draft Closing Date Balance Sheet and the resolution of any objections with respect thereto.