Estimated Purchase Price Adjustment definition

Estimated Purchase Price Adjustment has the meaning set forth in Section 2.6(b).

Estimated Purchase Price Adjustment has the meaning set forth in Section 2.6(b). “Eversource” means Eversource Energy, a Massachusetts voluntary association and the parent company of Seller, formerly known as Northeast Utilities.

Estimated Purchase Price Adjustment shall have the meaning set forth on Schedule 2.1.

Examples of Estimated Purchase Price Adjustment in a sentence

• If the Estimated Purchase Price Adjustment Amount is a negative number, then the payment made by Purchaser at the Closing shall be decreased by the absolute value of the Estimated Purchase Price Adjustment Amount and if the Estimated Purchase Price Adjustment Amount is a positive number, then the payment made by Purchaser at the Closing shall be increased by the Estimated Purchase Price Adjustment Amount.

• If the Purchase Price as adjusted by the Actual Purchase Price Adjustment is greater than the Purchase Price as adjusted by the Estimated Purchase Price Adjustment, then Buyer shall, or shall cause one or more of the PLG Subsidiaries to, pay to Parent or one or more of the Retained Companies designated by it an amount equal to such excess.

• If the Purchase Price as adjusted by the Estimated Purchase Price Adjustment is greater than the Purchase Price as adjusted by the Actual Purchase Price Adjustment, then Parent shall, or shall cause one or more of the Retained Companies to, pay to Buyer or one or more of the PLG Subsidiaries designated by Buyer, an amount equal to such excess.

• Accordingly, any changes in the amounts of other assets or liabilities reflected in the Estimated Balance Sheet or the Closing Balance Sheet as compared with the Initial Balance Sheet will have an effect on the Estimated Purchase Price Adjustment or the Purchase Price Adjustment or both.

• If Sellers shall disagree with any calculation set forth in the Final Closing Schedule or any element of the Purchase Price Adjustment Amount relevant thereto including the Estimated Purchase Price Adjustment, it shall notify Buyer of such disagreement in writing within thirty (30) days after its receipt of the Final Closing Schedule which notice shall set forth in reasonable detail the particulars of such disagreement.

More Definitions of Estimated Purchase Price Adjustment

Estimated Purchase Price Adjustment shall be an amount equal to the increase (positive) or decrease (negative) in the Net Equity as of the Initial Balance Sheet Date to the Estimated Balance Sheet Date, determined, in accordance with Section 2.10, by comparing the amount of Net Equity as of the Initial Balance Sheet Date with the amount of Net Equity as of the Estimated Balance Sheet Date; provided, however, that, if the amount of such Estimated Purchase Price Adjustment is less than U.S. $10,000,000 (ten million dollars), whether positive or negative, the Estimated Purchase Price Adjustment shall be deemed to be $0.

Estimated Purchase Price Adjustment shall have the meaning set forth in Section 1.4(b) of this Agreement.

Estimated Purchase Price Adjustment has the meaning specified in Section 3.1(b).

Estimated Purchase Price Adjustment means (a) Estimated Closing Cash and Cash Equivalents, plus (b) the Estimated Net Working Capital Adjustment (which may be a positive or negative number), minus (c) Estimated Closing Indebtedness, minus (d) Estimated Company Expenses (it being understood, for the avoidance of doubt, that the Estimated Purchase Price Adjustment may be a positive or a negative number).

Estimated Purchase Price Adjustment is defined in Section 2.8(a).

Estimated Purchase Price Adjustment means $403,812, such amount resulting from the following calculation: (i) the amount of the Estimated Working Capital in excess of $2,800,000, minus (ii) the amount of the Estimated Net PP&E less than $1,500,000.

Estimated Purchase Price Adjustment has the meaning set forth in Section 13.1.