Estimated Closing Adjustment definition

Estimated Closing Adjustment shall have the meaning set forth in Section 2.3(b).

Estimated Closing Adjustment means the sum of the Closing Adjustment Items estimated as of the Closing Date pursuant to the Estimated Closing Adjustment Statement in accordance with the provisions of Section 1.6(a).

Estimated Closing Adjustment means the sum of the estimated amount of the Closing Adjustment Items as of the Closing Date to be delivered with the Estimated Closing Adjustment Statement in accordance with the provisions of Section 2.6(a).

Examples of Estimated Closing Adjustment in a sentence

• If all disputed issues are resolved, the amounts as agreed upon by the Buyer and the Company shall be used to determine the Estimated Closing Adjustment.

• The Closing Adjustment Statement delivered pursuant to this Section 2.6(b) shall be accompanied by a statement setting forth the amount, if any, by which the total of the Closing Adjustment Items is greater than, or less than, the Estimated Closing Adjustment.

• Notably, our analysis reveals that empirical evidence is disproportionately distributed, mainly consisting predominately of self-reported or publicly available data, and characteristically lacking a strong theoretical or policy foundation.

• The estimate of the amount of the Closing Adjustment, as set forth on the Estimated Closing Adjustment Statement, is referred to herein as the “Estimated Closing Adjustment.” The Estimated Closing Adjustment Statement, and the component items thereof, will be prepared in accordance with the Accounting Principles and the books and records of the Business.

• The Closing Adjustment Statement delivered pursuant to paragraph (b) above shall be accompanied by (i) all relevant backup materials, in detail reasonably acceptable to the Representative, and (ii) a statement setting forth the amount, if any, by which the total of the Closing Adjustment Items is greater than, or less than, the Estimated Closing Adjustment.

More Definitions of Estimated Closing Adjustment

Estimated Closing Adjustment has the meaning set forth in Section 17.7(a). “Estimated Closing Statement” has the meaning set forth in Section 17.7(a). “Estimated Purchase Price” has the meaning set forth in Section 17.7(a). “Excluded Assets” has the meaning set forth in Section 16.2.

Estimated Closing Adjustment has the meaning ascribed to it in Section 2.10(a)(ii).

Estimated Closing Adjustment has the meaning given to such term in Section 1.4(a).

Estimated Closing Adjustment shall be an amount equal to the Estimated Closing Working Capital minus the Target Working Capital.

Estimated Closing Adjustment means an amount (which may be a positive or negative amount) equal to (a)(1) if the amount of the Estimated Net Working Capital is greater than the Target Net Working Capital, the dollar amount of such difference (expressed as a positive number) or (2) if the amount of the Estimated Net Working Capital is less than the Target Net Working Capital, the dollar amount of such difference (expressed as a negative number), plus (b) Estimated Closing Date Cash.

Estimated Closing Adjustment means (a) the Estimated Closing Cash, minus (b) the Estimated Closing Debt Amount, minus (c) the Estimated Negative Working Capital Adjustment (if any), plus (d) the Estimated Positive Working Capital Adjustment (if any).

Estimated Closing Adjustment means the arithmetic sum of (i) the Estimated Seller Expenses plus (ii) the absolute value of the Estimated Working Capital Adjustment plus (iii) the absolute value of the Estimated Indebtedness as of the Close of Business on the Closing Date.