Examples of Adjusted Consolidated Working Capital in a sentence
If Adjusted Consolidated Working Capital as set forth in the Final Adjustment Certificate, as finalized by the parties or by the Qualified Auditor, is greater than the Adjusted Consolidated Working Capital as estimated in the Initial Adjustment Certificate, then the Parent shall issue additional CUC Common Shares to the CC/USA Shareholders' Representative in a number equal to such difference divided by $12.125.
The Initial Merger Value shall be increased to the extent Adjusted Consolidated Working Capital (as hereinafter defined) is greater than ($2,384,646), and shall be reduced to the extent Adjusted Consolidated Working Capital is less than ($2,384,646).
To the extent that Open Items under the CCBG Agreement involve matters other than the CCBG Adjusted Consolidated Working Capital and are not taken into account in payments to or by the TBG Shareholders, then the TBG Shareholders shall be paid, or shall pay, 50.7460136% of such amounts at the same time that the CCBG Shareholders are paid, or pay, 49.2539864% of such amounts under the CCBG Agreement.
Adjusted Consolidated Working Capital shall be estimated in good faith by the Company and set forth, together with a detailed statement of the calculation thereof, in a certificate (the "Initial Adjustment Certificate") to be delivered to the Parent not later than 5 business days prior to the Closing Date.
Except as otherwise specifically provided in this Agreement, the Buyers, CCBG and the CCBG Shareholders shall each pay all costs and expenses incurred by such party or on such party's behalf in connection with this Agreement and the transactions contemplated hereby (including those of investment bankers or other investment advisors); provided, however, that CCBG may pay the CCBG Shareholders' expenses so long as such payment is properly accounted for in the CCBG Adjusted Consolidated Working Capital.