Common use of Disputes Concerning Adjustment Clause in Contracts

Disputes Concerning Adjustment. (a) If the Company does not deliver a Dispute Notice to Purchaser within ten (10) Business Days of receiving the Working Capital Statement, the Company shall be deemed to have agreed with the Working Capital Statement presented by Purchaser and the Closing Working Capital set forth on the Working Closing Statement shall be deemed the “Final Working Capital” for purposes of this Agreement. “Final Working Capital” shall have the meaning assigned to such term in Section 1.10(b) below.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Entropic Communications Inc), Asset Purchase Agreement (Entropic Communications Inc)

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Disputes Concerning Adjustment. (a) If the Company does not deliver a Dispute Notice to Purchaser within ten (10) Business Days of receiving the Working Capital Statement, the Company shall be deemed to have agreed with the Working Capital Statement presented by Purchaser and the Closing Working Capital set forth on the Working Closing Statement shall be deemed the “Final Working Capital” for purposes of this Agreement. “Final Working Capital” shall have the meaning assigned to such term in Section 1.10(b2.3(b) below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Orchard Supply Hardware Stores Corp)

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Disputes Concerning Adjustment. (a) If the Company does not deliver a Dispute Notice to Purchaser within ten (10) Business Days of receiving the Working Capital Statement, the Company shall be deemed to have agreed with the Working Capital Statement presented by Purchaser and the Closing Working Capital set forth on the Working Closing Statement shall be deemed the “Final Working Capital” for purposes of this Agreement. If a Dispute Notice is delivered within the five (5) Business Day period, “Final Working Capital” shall have the meaning assigned to such term in Section 1.10(b) below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Verenium Corp)

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