Examples of Estimated Transaction Consideration in a sentence
On the Closing Date, an amount equal to twenty percent (20%) of the estimated (A) Cash Adjustment Amount, (B) Capital Expenditure Amount and (C) Sellers’ Tax Cost included in the calculation of the Estimated Transaction Consideration (said aggregate amount, is referred to as the “Adjustment Escrow”) shall be deposited by Parent with the Escrow Agent to be held in trust in accordance with the Adjustment Escrow Agreement and the further provisions of this Section 1.3(e).
If the Transaction Consideration, as finally determined in accordance with this Section 2.5, is less than the Estimated Transaction Consideration, then the Sellers’ Representative and the Purchaser shall direct the Escrow Agent to pay to Purchaser from the Escrow Account an amount equal to such deficiency, up to the Escrowed Adjustment Amount, within five (5) Business Days of final determination of the Transaction Consideration.
With respect to any component of the Transaction Consideration for which Parent proposes an adjustment from the amounts set forth in the Partnership’s calculation of the Estimated Transaction Consideration, the Proposed Closing Date Calculations shall set forth the amount of such adjustment and a reasonably detailed description of the basis for such adjustment.
If the Transaction Consideration, as finally determined in accordance with this Section 2.5, is less than the Estimated Transaction Consideration, up to $300,000 of such amount shall be paid from the Escrow Account, and the Shareholders shall pay any balance, to the Purchaser in cash, by wire transfer of immediately available funds to an account designated in writing to Escrow Agent by the Purchaser.
A monitoring and evaluation system will be developed by MoWHS to support the effective implementation of Policy’s goals and objectives.
If the Transaction Consideration, as finally determined in accordance with this Section 2.5, is greater than the Estimated Transaction Consideration, the Purchaser shall pay the amount of such difference to the Shareholders in cash, by wire transfer of immediately available funds to accounts designated in writing to the Purchaser by the Shareholders’ Representative.
If it is determined pursuant to this Section 3.1(c) that the Estimated Transaction Consideration paid at the Closing is greater than the Transaction Consideration, the Seller shall pay the absolute value of such difference, to one or more accounts as Purchaser shall designate in writing.
The purchase price to be paid by Buyer to Seller for the Capital Stock shall be: (a) at the Closing, an amount equal to the Estimated Transaction Consideration and payable as provided in Section 3.2(b) and (b) at such time that any Additional Transaction Consideration is paid to the Seller pursuant to Section 3.5(f), an amount equal to the Additional Transaction Consideration (if any) in accordance and payable as provided in Section 3.5(f), in each case, without interest.
No later than two (2) Business Days before the Closing Date, the Company shall deliver to Buyer the Company’s good faith calculation and estimate of the aggregate amount of the Estimated Transaction Consideration and each of the Estimated Transaction Consideration Elements, and wire instructions for the account(s) designated by the Seller to which funds are to be wired to Seller and the recipients of the Transaction Costs.
Prior to the Closing, Seller, the Company and Buyer will work in good faith to resolve any differences they may have with respect to any information in the Estimated Closing Statement and any modifications to the Estimated Transaction Consideration and the Estimated Transaction Consideration Elements as may be proposed by the parties.