Common use of Interim Adjustment Clause in Contracts

Interim Adjustment. As soon as practicable, the Company will prepare and deliver to Centerprise a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim Adjustment").

Appears in 3 contracts

Samples: Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc)

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Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim AdjustmentINTERIM ADJUSTMENT").. -------------

Appears in 2 contracts

Samples: Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will prepare and deliver to Centerprise a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 2.3.1 (the "Interim Adjustment").

Appears in 2 contracts

Samples: Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will prepare and deliver to Centerprise a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Partner Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 2.3.1 (the "Interim Adjustment").

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Partner Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim AdjustmentINTERIM ADJUSTMENT").. -------------

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 ten (10) days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim AdjustmentINTERIM ------------- ADJUSTMENT").

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Stockholder Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim AdjustmentINTERIM ADJUSTMENT").. -------------

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Interim Adjustment. As soon as practicable, the Company will prepare and deliver to Centerprise a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise will deliver to the Member Stockholder Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim Adjustment").

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 ten (10) days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Sellers' Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim AdjustmentINTERIM ------------- ADJUSTMENT").

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 (the "Interim Adjustment").

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Interim Adjustment. As soon as practicable, the Company will ------------------ prepare and deliver to Centerprise CenterPoint a revised calculation of Net Working Capital reflecting all collections of AR up to the date 90 days from the Closing Date. Within 10 days of receipt of such calculation, Centerprise CenterPoint will deliver to the Member Representative a written report indicating the amount and nature of any adjustment to the Basic Purchase Consideration determined in accordance with Section 2.2.1 2.3.1 (the "Interim AdjustmentINTERIM ADJUSTMENT").. -------------

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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