Estimated Adjustment Amount definition

Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

Estimated Adjustment Amount has the meaning set forth in Section 3.2(b).

Estimated Adjustment Amount shall have the meaning set forth in Section 4.02.

Examples of Estimated Adjustment Amount in a sentence

• The Closing Statement, as agreed upon by the Parties, will be used to determine the Estimated Adjustment Amount at Closing.

• If the Estimated Adjustment Amount is greater than the Adjustment Amount as finally determined pursuant to this Section 2.4, Cnova NV shall pay the absolute value of the amount of such difference to Via Varejo within five (5) Business Days following the final determination of the Adjustment Amount, by wire transfer of immediately available funds in Reals to an account designated by Via Varejo.

• If the Estimated Adjustment Amount is a negative number, the Closing Payment shall be decreased by the Estimated Adjustment Amount; if the Estimated Adjustment Amount is a positive number, the Closing Payment shall be increased by the Estimated Adjustment Amount.

• If the Adjustment Amount as finally determined pursuant to this Section 2.4 is greater than the Estimated Adjustment Amount, Via Varejo shall pay the absolute value of the amount of such difference to Cnova NV within five (5) Business Days following the final determination of the Adjustment Amount, by wire transfer of immediately available funds in Reals to an account designated by Cnova NV.

• At Closing, Buyer shall also pay the Indebtedness Amount included in the calculation of the Estimated Adjustment Amount, in such amounts and to such accounts, and as set forth in the Pay-Off Letters.

More Definitions of Estimated Adjustment Amount

Estimated Adjustment Amount means Seller's good faith reasonable estimate of an Adjustment Amount for the Closing, which estimate shall be provided to Purchaser no later than five Business Days before the Closing.

Estimated Adjustment Amount means (a) the Estimated Closing Date Working Capital minus the Target Working Capital Amount (expressed as a positive or negative number, as applicable), plus (b) the Estimated Closing Date Cash, minus (c) the Estimated Closing Date Indebtedness, minus (d) the Estimated Transaction Expenses.

Estimated Adjustment Amount is defined in Section 2.5.

Estimated Adjustment Amount means the estimated Adjustment Amount set forth on the Estimated Adjustment Certificate.

Estimated Adjustment Amount means an amount (which may be a positive or negative number) equal to the sum of (i) Estimated Cash minus (ii) Estimated Indebtedness plus (iii) the aggregate amount (if any) by which Estimated Working Capital is greater than Target Working Capital minus (iv) the aggregate amount (if any) by which Estimated Working Capital is less than Target Working Capital minus (iv) Estimated Transaction Expenses (if any).

Estimated Adjustment Amount is defined in Section 3.3.

Estimated Adjustment Amount shall have the meaning given to such term in Section 2.6(c).