Examples of Closing Transaction Expenses Certificate in a sentence
As promptly as practicable following receipt of the Closing Transaction Expenses Certificate but no later than the Closing, the Buyer shall identify any adjustments that it believes are required to the Closing Transaction Expenses Certificate.
If the Buyer identifies any adjustments, the Buyer and the Company shall use reasonable best efforts to resolve any dispute with respect to any such adjustment after which the Company shall re-deliver to the Buyer the Closing Transaction Expenses Certificate reflecting such adjustments.
At the Closing Date, as a result of the ARC Legacy Business Sale, the ARC Indebtedness Repayment and the ARC Stockholder Distribution, ARC shall have no business operations, no material assets other than cash, no employees, and no Indebtedness or other liabilities, contingent or otherwise (including any indemnity or other similar obligations resulting from the ARC Legacy Business Sale), other than valid Transaction Expenses of ARC reflected in ARC’s Closing Transaction Expenses Certificate.
The “Cash Consideration” shall be equal to the remainder of (i) $10,600,000 (as adjusted pursuant to Section 2.12(a)), less (ii) the Company Debt Amount, less (iii) the amount set forth on the Closing Transaction Expenses Certificate, and less (iv) the Marketing Fund Difference.
All brokerage, finder's and other fees and commissions payable in connection with the transactions contemplated by this Agreement or any Ancillary Document to the brokers, finders and investment bankers identified on Section 3.25 of the Disclosure Schedules shall be included on the Closing Transaction Expenses Certificate and paid by the Sellers at Closing in accordance with Section 2.03(a)(ii).