Funds Flow and Settlement Statement definition

Funds Flow and Settlement Statement means the Funds Flow and Settlement Statement dated as of the Closing Date and entered into by and among the Parties, with regard to any adjustments to, and the payment of, the Purchase Price, in form and substance reasonably satisfactory to the Parties.
Sample 1Sample 2
Funds Flow and Settlement Statement. — means (i) with respect to the Homeward Closing, a Funds Flow and Settlement Statement dated as of the Homeward Closing Date and entered into by and among the Parties, with regard to any adjustments to, and the payment of, the Homeward Payment; and (ii) with respect to the Beltline Closing, a Funds Flow and Settlement Statement dated as of the Beltline Closing Date and entered into by and among the Parties, with regard to any adjustments to, and the payment of, the Beltline Payment.
Sample 1Sample 2Sample 3
Funds Flow and Settlement Statement means the Funds Flow and Settlement Statement dated as of the Closing Date and entered into by and among the Parties, with regard to any adjustments to, and the payment of, the Asset Purchase Consideration. "GAAP" -- United States generally accepted accounting principles, consistently applied, as in effect on the date hereof, and as historically applied by Seller with respect to the Business.
Sample 1

Examples of Funds Flow and Settlement Statement in a sentence

  • The Purchase Price which is payable at Closing shall be paid as set forth on Schedule 2.3, as further calculated and in accordance with the Funds Flow and Settlement Statement.

  • With respect to the costs associated with the transfer of the Seller's right, title, and interest in and to the Business to the Purchaser, at Closing, the following adjustments shall be made to the Asset Purchase Consideration, as further calculated and in accordance with the Funds Flow and Settlement Statement: The Seller agrees that it shall pay the real estate transfer Tax applicable to the transactions contemplated by this Agreement.

  • The Purchaser must have executed and delivered the Escrow Agreement, the Transition Services Agreement, and the Funds Flow and Settlement Statement.

Related to Funds Flow and Settlement Statement

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.