Estimated Closing Adjustment definition

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).

Estimated Closing Adjustment has the meaning set forth in Section 2.13(a)(ii).

Estimated Closing Adjustment has the meaning set forth in Section 3.5(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 complete 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.

• If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a negative number, then the Cash Consideration payable at the Closing shall be decreased by the absolute value of such sum.

• If the sum of the Estimated Closing Adjustment Amounts for the Specified Businesses is a positive number, then the Cash Consideration payable at the Closing shall be increased by such sum.

• The sum of the Estimated Subscriber Adjustment Amount and the Estimated Closing Net Liabilities Adjustment Amount is referred to herein as the "Estimated Closing Adjustment Amount" and may be a positive or a negative amount.

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 given to such term in Section 1.4(a).

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

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

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

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.

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).