Examples of Estimated Closing Payment Amount in a sentence
If Xxxxx notifies Seller in writing of an objection to the Estimated Closing Payment Amount or any of the amounts included in the calculation of the Estimated Closing Payment Amount set forth therein, then Buyer and Seller shall seek in good faith to agree to revisions to the Estimated Closing Payment Amount to resolve such objection and Seller shall update and redeliver the Estimated Closing Payment Amount to reflect any such agreements no later than the Business Day immediately prior to the Closing Date.
Within five Business Days following receipt by Buyer of the Estimated Closing Payment Amount, Buyer may object in good faith and in writing to Seller's estimate of the Adjustment Amount included in the Estimated Closing Payment Amount.
At least five business days prior to the Closing Date, the Company shall submit to Buyer a calculation setting forth the estimated closing payment amount (the "Estimated Closing Payment Amount"), together with supporting documents used by the Company in calculating the Estimated Closing Payment Amount and such other documents reasonably requested by Buyer to support the calculation.
The Estimated Closing Payment Amount shall be an amount equal to the estimated Net Worth of the Company as of the Closing Date plus Nineteen Million Five Hundred Thousand Dollars ($19,500,000), but in no event shall the Estimated Closing Payment Amount exceed Forty-Two Million Dollars ($42,000,000).
The Estimated Closing Payment Amount shall be an amount equal to the estimated Net Worth of the Company as of December 31, 1999 plus (i) Nineteen Million Five Hundred Thousand Dollars ($19,500,000) and (ii) good faith estimates of the adjustments specified in Section 1.5(c) hereof (other than with respect to Section 1.5(c)(iv) for which no estimate shall be made), but in no event shall the Estimated Closing Payment Amount exceed Forty-Two Million Dollars ($42,000,000).
Buyer shall not have objected to the calculation of the Estimated Closing Payment Amount or the parties shall have otherwise agreed on such amount.
Within five Business Days following receipt by STLD01-1185616-10 MICHIGAN GAS Buyer of the Estimated Closing Payment Amount, Buyer may object in good faith and in writing to Seller’s estimate of the Adjustment Amount included in the Estimated Closing Payment Amount.
Within five Business Days following receipt by Buyer of the Estimated Closing Payment Amount, Buyer may object in good faith and in writing to Seller’s estimate of the Adjustment Amount included in the Estimated Closing Payment Amount.
Unless Buyer shall object at least one day prior to the Closing Date in writing to the Estimated Closing Payment Amount, the payments contemplated by Sections 1.3(a) and 1.3(b) to be made on the Closing Date shall be based on the Estimated Closing Payment Amount, and the same shall hereafter be referred to as the "Closing Payment Amount." The difference between the Purchase Price and the Closing Payment Amount shall be deferred and paid in accordance with Section 1.6 below (the "Deferred Purchase Price").