Examples of Negative Adjustment in a sentence
If there is a Final Negative Adjustment, then Seller shall repay an amount equal to Final Negative Adjustment to Buyer.
The Closing Date Balance Sheet shall set forth all information required to calculate, and shall calculate the Closing Indebtedness, the Closing Cash and the Net Working Capital Positive Adjustment or the Net Working Capital Negative Adjustment.
The Working Capital Positive Adjustment or the Working Capital Negative Adjustment, whichever adjustment is applicable, will be treated as a positive or negative adjustment to the Purchase Price, respectively, and shall be paid at the Closing.
The Estimate Payment run has been actioned and the Negative Adjustment has been reclaimed.
If the Negative Adjustment Shares is less than the Adjustment Holdback Shares, then the Exchange Agent will disburse such remaining portion of the Adjustment Holdback Amount to the holders of Danimer Common Stock in accordance with the Merger Agreement.