CCBCC Aggregate Business Value Sample Clauses
The CCBCC Aggregate Business Value clause defines the total combined value of all business transactions or contracts between the parties under a specific agreement. This clause typically sets a cap or aggregate limit on the financial exposure or obligations that can arise from the business relationship, often by referencing a maximum dollar amount or a formula for calculation. By establishing this aggregate value, the clause helps manage risk and provides both parties with clarity regarding the maximum potential liability or commitment, ensuring that neither party is exposed to unlimited or unforeseen financial obligations.
CCBCC Aggregate Business Value. (i) The CCBCC Parties have prepared and delivered to the CCR Parties (1) an estimated closing statement of the CCBCC Business as of the Closing Date (the “CCBCC Estimated Closing Statement”), signed by an authorized officer of the CCBCC Parties (on behalf and in the name of the CCBCC Parties), which sets forth (A) the Estimated CCBCC Net Working Capital Amount, (B) (I) the Estimated CCBCC Net Working Capital Surplus, if any, or (II) the Estimated CCBCC Net Working Capital Deficit, if any, and (C) the Estimated CCBCC Aggregate Business Value calculated using the foregoing estimates, (2) the unaudited balance sheets of the CCBCC Distribution Business and of the CCBCC Production Business, in each case, as of the Business Day that is the CCBCC Parties’ last accounting day in the fiscal month that is three (3) months prior to the fiscal month in which the Closing occurs (provided that such unaudited balance sheets will include the CCBCC Retained Assets and CCBCC Retained Liabilities as reflected in the CCBCC 2016 Distribution Data and CCBCC 2016 Production Data, as adjusted for certain mutually agreed upon items, if any, and will include the aggregate amount of the CCBCC Active Represented Employee OPEB Liability and the CCBCC Other Employee OPEB Liability estimated as of October 1, 2017), determined consistent with the CCBCC Agreed Financial Methodology (collectively, the “Estimated CCBCC Closing Date Unaudited Balance Sheet”) and (3) a statement setting forth the amount of the CCBCC Active Represented Employee OPEB Liability estimated as of October 1, 2017. All estimates set forth in the CCBCC Estimated Closing Statement will be consistent with the CCBCC Agreed Financial Methodology and such estimates shall be based on the CCBCC Parties’ data included in the Estimated CCBCC Closing Date Unaudited Balance Sheet. The CCBCC Parties conducted a physical inventory count on the Business Day which is the CCBCC Parties’ last accounting day in the fiscal month that is three (3) months prior to the fiscal month in which the Closing occurs for the purpose of preparing the CCBCC Estimated Closing Statement.
(ii) The CCBCC Parties hereby agree to conduct a physical inventory count on the Closing Date for the purpose of preparing the CCBCC Preliminary Amounts Schedule. The CCBCC Parties hereby agree that the CCR Parties, their designees and their respective Representatives shall be permitted to attend any such physical inventory count conducted by the CCBCC Parties at such...