Closing Date Calculation Schedule Clause Samples
Closing Date Calculation Schedule. The Buyer shall prepare, or shall cause to be prepared, and deliver to the Sellers within sixty (60) days after the Closing Date a schedule (the “Closing Date Calculation Schedule”) setting forth Buyer’s calculation of the following:
(i) the amount of outstanding Indebtedness as of the Calculation Time;
(ii) the amount of unpaid Transaction Expenses as of the Calculation Time;
(iii) the Transaction Bonus Amount; and
(iv) the Closing Adjustment Amount based on the foregoing. The Closing Adjustment Amount as finally determined pursuant to this Section 2.1(b) is referred to herein as the “Final Closing Adjustment Amount.”
Closing Date Calculation Schedule. The Buyer shall prepare, or shall cause to be prepared, and deliver to the Equityholders’ Representative with the Closing Date Working Capital Statement a schedule (the “Closing Date Calculation Schedule”) setting forth Buyer’s calculation of the following:
(i) the amount of outstanding Non-Assumed Indebtedness as of the Calculation Time;
(ii) the amount of unpaid Transaction Expenses as of the Calculation Time; and
(iii) a calculation of the Closing Adjustment Amount based on the foregoing. The Closing Adjustment Amount as finally determined pursuant to this Section 3.4(b) is referred to herein as the “Final Closing Adjustment Amount.”