Examples of Final Calculation Statement in a sentence
The Accounting Mediator will promptly, in accordance with the Commercial Arbitration Rules of the American Arbitration Association, review only those items and amounts specifically set forth and objected to in the Final Calculation Statements and resolve the dispute by adopting, in its entirety, the calculations in the Final Calculation Statement of either Seller or Purchaser.
On the Determination Date, Novoste shall deliver to ONI a draft Final Calculation Statement through such date (the “Determination Date Update”), based on the actual results of the implementation and execution of the Wind Down Plan (including, without limitation, expenses incurred and accounts receivable collected) through and as of such date.
The individual may also investigate the reasons why he or she has identified c as a spammer.
If the Special Dividend Amount (as set forth in the Final Calculation Statement) is equal to the Estimated Special Dividend Amount, then neither New Viacom nor CBS shall owe any amount to the other party pursuant to this Section 2.08.
Payments to the Sellers pursuant to this Section 2.4(d) shall be by wire transfer of immediately available funds to the accounts designated by the Sellers in accordance with the allocations and wire instructions set forth on Schedule 2.3(b) within five (5) Business Days after the Final Balance Sheets and the Final Calculation Statement become final and binding.
The Final Calculation Statement shall set forth the Debt Service Coverage Ratio for the applicable Lease Year and the Net Cash available for distribution.
The Final Calculation Statement shall include a calculation of the Adjusted Purchase Price taking into account all Resolved Items and the Independent Accountants’ determination of all Disputed Items and such calculation of the Independent Accountants shall be final and binding on the Parties hereto and shall become the Final Adjusted Purchase Price.
The Wind Down Plan reflects the good faith estimate of Novoste as to the expenses to be incurred and the revenue to be generated by Novoste in the course of the implementation and execution of the Wind Down Plan, and with respect to amounts to be set forth on the Final Calculation Statement, includes Novoste’s good faith estimate of such amounts assuming the close and wind down of all current businesses of Novoste and its Subsidiaries shall be completed as projected and reflected on the Wind Down Plan.
If the Debt Service Coverage Ratio equals or exceeds 1.25:1.00, the Final Calculation Statement shall also set forth the Net Cash required for each of the following Debt Service Coverage Ratios (each, a “Debt Service Coverage Level”): 1.25:1.00 and 1.35:1.00.
The Final Calculation Statement, as finalized by the Independent Accountant, shall be deemed final and conclusive with respect to the Final Cash Purchase Price and shall be binding on Buyer and Sellers for all purposes under this Agreement.