Initial Adjustment Statement definition

Initial Adjustment Statement has the meaning set forth in Section 2.4.

Initial Adjustment Statement means a statement prepared pursuant to Schedule 2.08 setting forth the Seller’s determination of the Closing Date ARI Amount.

Initial Adjustment Statement has the meaning set forth in Section 1.8(a) (Post-Closing Statements).

Examples of Initial Adjustment Statement in a sentence

• In relation to the foregoing, Seller shall, and shall cause the Acquired Companies to, grant Buyer and its Representatives such reasonable access as provided for in Section 5.2 as is necessary for them to review the Initial Adjustment Statement.

• The Independent Accounting Firm shall recalculate the Adjustment Amount based on these determinations and otherwise based on the amounts set forth in the Initial Adjustment Statement, which Adjustment Amount shall become final and binding upon the Parties, including for purposes of Section 1.7(f).

• Within ninety (90) days after the Closing Date, Buyer shall (a) review and adjust the Initial Adjustment Statement (as adjusted, the "Final Adjustment Statement") to reflect any changes from the adjustments shown on the Initial Adjustment Statement that are necessary to properly reflect the items set forth in Sections 2.2(d)(i),(ii) and (iii), and (b) deliver such Final Adjustment Statement to Seller.

• To the extent that any line item or component thereof is not disputed by Torch in the Notice of Disagreement, the amount with respect thereto set forth in the Initial Adjustment Statement shall be final and shall not be subject to further dispute by the Parties.

• The Initial Adjustment Statement shall be prepared in good faith in accordance with the Transaction Accounting Principles.

• If no Notice of Disagreement is received by the Purchaser Group by the last day of the Review Period, then the Initial Adjustment Statement shall be deemed to have been accepted by the Sellers and shall become final and binding upon the Parties in accordance with Section 1.10(c).

• Net revenue increases in 2000 were a result of strong sales growth and hotter than normal weather in the second quarter, increasing earnings per share by $0.03 and $0.06 for the quarter and year-to-date, respectively.

• The Initial Adjustment Statement shall be prepared in accordance with the Accounting Principles.

• The Initial Adjustment Statement shall be prepared in accordance with SAP.

• The Purchaser shall provide the Seller and its Representatives with access to the books, records and personnel of the Business necessary for the Seller to prepare the Initial Adjustment Statement.