Examples of Agreed Adjustment Amount in a sentence
In addition to the Purchase Price, Purchaser shall pay to Seller the Agreed Adjustment Amount, as determined in accordance with Section 7.2. The total amount payable by Purchaser at Closing (the “Closing Payment”) shall be the sum of the Purchase Price and the Agreed Adjustment Amount.
On or before the fifth day following the earlier to occur of the expiration of the Response Period and the date Purchaser receives Sellers' Representative's statement of discrepancies, Purchaser or the Sellers, as the case may be, shall pay the portion of the Adjustment Amount, if any, as to which there is no discrepancy (the "Agreed Adjustment Amount") and in accordance with each Seller's Ownership Percentage, if the Agreed Adjustment Amount is owing from the Purchaser.
In lieu of making adjustments or apportionments in respect of distributable income, working capital or other amounts, the parties have agreed to make one aggregate adjustment by Purchaser’s payment to Seller on the Closing Date of the Agreed Adjustment Amount.
The Gross Purchase Price shall be reduced by the sum of (i) the Agreed Adjustment Amount, (ii) the outstanding principal amount of the Notes as of the Closing Date, which shall remain outstanding immediately after the Closing Date, and (iii) the LDA Ascent Arena Company Membership Interest Value (the Gross Purchase Price as so adjusted, being referred to as the "Adjusted Purchase Price").
The Independent Accountants shall promptly render a decision on the issues presented and shall provide the Purchaser and the Sellers' Representative with a statement of the amount owing, taking into account the payment of the Agreed Adjustment Amount (the "Final Adjustment Amount"), and such decision shall be final and binding on the parties.
On or before the fifth (5th) day following the earlier to occur of the expiration of the Response Period and the date Purchaser receives Seller's statement of discrepancies, Purchaser or Seller, as the case may be, shall pay the portion of the Adjustment Amount, if any, as to which there is no discrepancy (the "Agreed Adjustment Amount").
The “Closing Date Consideration” shall be equal to the Base Purchase Price, as increased by the Working Capital Overage, if any, or decreased by the Working Capital Underage, if any minus the Agreed Adjustment Amount.