Estimate of Thrust Reverser Closing Net Worth definition

Estimate of Thrust Reverser Closing Net Worth means a good faith estimate of LM of the excess of (i) the book value of the Transferred Assets of the Thrust Reverser Business over (ii) the amount of the Assumed Liabilities of the Thrust Reverser Business, in each case as of the Closing Date.

Examples of Estimate of Thrust Reverser Closing Net Worth in a sentence

  • If Thrust Reverser Closing Net Worth, as finally determined pursuant to Section 2.05, is greater than the Estimate of Thrust Reverser Closing Net Worth, then the Company shall pay to LM as an adjustment to the LM Cash Contribution Amount, in the manner provided in Section 0.00(x), an amount equal to the sum of (C) the amount of such difference plus (D) an amount computed in the manner of interest as described in Section 2.06(c) on the amount referred to in clause (C).

  • If Thrust Reverser Closing Net Worth, as finally determined pursuant to Section 2.05, is less than the Estimate of Thrust Reverser Closing Net Worth, then LM shall pay to the Company as an adjustment to the LM Cash Contribution Amount, in the manner provided in Section 0.00(x), an amount equal to the sum of (A) the amount of such difference plus (B) an amount computed in the manner of interest as described in Section 2.06(c) on the amount referred to in clause (A) above.

  • Not less than three Business Days prior to the Closing Date, LM will deliver to GE LM's calculations of the Estimate of Thrust Reverser Closing Net Worth and the Estimate of Access Graphics Closing Net Worth.

  • If Thrust Reverser Closing Net Worth, as finally determined pursuant to Section 2.05, is less than the Estimate of Thrust Reverser Closing Net Worth, then LM shall pay to the Company as an adjustment to the XX Xxxx Contribution Amount, in the manner provided in Section 2.06(b), an amount equal to the sum of (A) the amount of such difference plus (B) an amount computed in the manner of interest as described in Section 2.06(c) on the amount referred to in clause (A) above.

  • If Thrust Reverser Closing Net Worth, as finally determined pursuant to Section 2.05, is less than the Estimate of Thrust Reverser Closing Net Worth, then LM shall pay to the Company as an adjustment to the LM Cash Contribution Amount, in the manner provided in Section 2.06(b), an amount equal to the sum of (A) the amount of such difference plus (B) an amount computed in the manner of interest as described in Section 2.06(c) on the amount referred to in clause (A) above.

  • A poll duly demanded on any other question shall be taken either at the meeting or at such time (but not more than 30 days after the poll is demanded) and place as the chairman may direct.

  • If Thrust Reverser Closing Net Worth, as finally determined pursuant to Section 2.05, is greater than the Estimate of Thrust Reverser Closing Net Worth, then the Company shall pay to LM as an adjustment to the XX Xxxx Contribution Amount, in the manner provided in Section 2.06(b), an amount equal to the sum of (C) the amount of such difference plus (D) an amount computed in the manner of interest as described in Section 2.06(c) on the amount referred to in clause (C).

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