Examples of Adjustment Shortfall in a sentence
Capital adequacy d)Investment Riske)Equities: disclosures for banking book positionsf) Interest rate risk in the banking book (IRRBB)g)Market risk h)Operational risk Table as per Disclosure Framework – 1Scope of application Regulatory Adjustment:- Shortfall in provisions required against classified assets Shortfall in provisions required against investment in shares Remaining deficit on account of revaluation of investments in securities after netting off from any other surplus on the securities.
Buyer and the Company agree that the Purchase Price Adjustment Escrow Fund and the Indemnity Escrow Fund shall not be the sole source of Buyer’s right to the Post-Closing Adjustment Shortfall Amount, and that the Participating Stockholders shall be severally and not jointly liable for their respective Pro Rata Portion of any shortfall after application of the foregoing.
The DPP then on 9 December 2004 applied to the County Court under s 17 of the CSB Act for that superannuation order.
If the amount of funds in the Purchase Price Adjustment Escrow Fund exceeds the Post-Closing Adjustment Shortfall Amount, then Buyer and the Stockholders’ Agent shall also jointly instruct the Escrow Agent to, after paying the Post-Closing Adjustment Shortfall Amount to Buyer, pay to each Participating Stockholder its Pro Rata Portion of the remaining amount of funds in the Purchase Price Adjustment Escrow Fund.
The Escrow Deposit shall be used as partial security to satisfy claims of the Indemnified Parties for indemnification pursuant to Article X, or to cover any Working Capital Adjustment Shortfall.
The pet dealer shall permit persons to review the written notice upon request.NOTE: This disclosure of rights is a summary of California law.
If the Closing Purchase Price is greater than the Final Purchase Price (such difference, the “ Post-Closing Adjustment Shortfall Amount ”), then Buyer and the Stockholders’ Agent shall, within three (3) Business Days of the determination of the Final Purchase Price in accordance with this Section 2.16 , jointly instruct the Escrow Agent to pay the Post-Closing Adjustment Shortfall Amount to Buyer out of the Purchase Price Adjustment Escrow Fund by wire transfer in immediately available funds.
If the Final Adjustment Amount is less than the Estimated Adjustment Amount (the absolute amount of such shortfall, the “Adjustment Shortfall”), then Sellers’ Representative shall pay to Buyers, in cash, by wire transfer of immediately available funds to an account or accounts designated by Buyers’ Parent in writing, the Adjustment Shortfall.
If the Purchase Price Adjustment Escrow Fund is insufficient to cover the Post-Closing Adjustment Shortfall Amount, then Buyer and the Stockholders’ Agent shall jointly instruct the Escrow Agent to distribute the entire Purchase Price Adjustment Escrow Fund to Buyer as provided above.
On the Closing Date, Parent shall retain an amount equal to $1,500,000 (the “Adjustment Holdback Amount”) as collateral for any Adjustment Shortfall pursuant to Section 2.15.3. Any part of the Adjustment Holdback Amount remaining after the final determination of the Final Merger Consideration pursuant to Section 2.15, and payment to Parent of any Adjustment Shortfall, shall be released in accordance with Section 2.15.3.