Examples of Estimated Closing Net Book Value in a sentence
At least three (3) business days prior to the Closing Date, the Seller and Buyer in good faith shall jointly prepare an estimate of the net book value of CPC, determined in accordance with GAAP consistent with the methodology used in preparing Exhibit 1 as of the close of business on the Closing Date (the "Estimated Closing Net Book Value") based on books and records and other information then available.
If the Estimated Closing Net Book Value is less than the Target Net Book Value, the Estimated Purchase Price shall be decreased by the amount of such shortfall.
If Estimated Closing Net Book Value exceeds Net Book Value as of June 30, 1995 (the "Target Net Book Value"), the Estimated Purchase Price shall be increased by the amount of such excess.
If the Estimated Closing Net Book Value is less than the December 31, 1999 Net Book Value, the Purchase Price shall be decreased by such deficit amount.
The Estimated Closing Net Book Value Certificate shall be accompanied by all relevant supplemental financial information of MPG.
Despite their dispute about whether the Estimated Closing Net Book Value Statement and the most recent financial statements delivered to Buyer pursuant to Section 7.17 of the Purchase Agreement have been prepared in accordance with the Specified Accounting Principles, Buyer and Sellers agree that the Estimated Purchase Price is $121,000,000.
If the Final Closing Net Book Value is less than the Estimated Closing Net Book Value, the Purchase Price shall be decreased by such deficit amount.
Information on correction, supplementation and amendment will be published electronically via Mercell.
If Closing Net Book Value is less than Estimated Closing Net Book Value, the Seller shall, within five (5) business days after Closing Net Book Value is finally determined pursuant to this sec.
If the parties are unable to resolve any dispute related to the calculations set forth in the Estimated Closing Statement within five (5) Business Days after the date Company submits such calculation to Parent, Company and Parent shall submit the calculation of the Estimated Closing Net Book Value to an independent accounting firm as shall be mutually agreed in writing by the parties for review and resolution of any and all matters which remain in dispute.