Examples of Economic Effective Date in a sentence
Xxxxxx Xxxx with respect to any period after the Merger Effective Time, and all amounts to be paid to Xx. Xxxx from the Economic Effective Date to the Merger Effective Time or payable with respect to such period will be consistent with past practice.
If the Estimated Net Working Capital as of the Economic Effective Date is less than Twenty-Four Million Seven Hundred Fifty Thousand Dollars ($24,750,000) (the “Target Amount”), the Closing Purchase Price shall be decreased by the amount of such difference.
These provisions conclusively govern, as between the Contract Parties, which of the Contract Parties shall be responsible for Environmental Contamination which was caused or arose prior to the Economic Effective Date.
Within sixty (60) days following the Closing Date, Seller shall prepare and deliver to Purchaser its calculations of the Net Working Capital of the Business as of the Economic Effective Date (the “Net Working Capital Calculation”).
Executive agrees that if he voluntarily terminates his employment with the Company within 2 years of the Effective Date, the $150,000 relocation expense payment (prorated for length of service within the 2 years) will be immediately repaid to the Company.