Negative Adjustment definition

Negative Adjustment shall have the meaning set forth in Section 1.9(f)(iii).
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Negative Adjustment has the meaning set forth in Section 2.5(e).
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Negative Adjustment means, in respect of an Assigned Receivable that is a Redelivery PCP Contract and a Collection Period, an amount equal to the amount by which the PCP Contract Vehicle Sale Actual Proceeds in respect of such Redelivery PCP Contract received by the Servicer fall short of the PCP Contract Vehicle Sale Expected Proceeds in respect of such Redelivery PCP Contract.
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Examples of Negative Adjustment in a sentence

  • On the Purchase Price Escrow Release Date, the Escrow Agent will deliver to Purchaser out of the Purchase Price Escrow Fund, the full amount of any Negative Adjustment Amount plus, if applicable, one-half (1/2) of the Reviewing Accountant Fees specified in the Purchase Price Escrow Release Notice, and following the delivery of such amounts to Purchaser, deliver to Seller any and all remaining amounts in the Purchase Price Escrow Fund.

  • If there is a Final Negative Adjustment, then Seller shall repay an amount equal to Final Negative Adjustment to Buyer.

  • Operation of Set Off The Second Vendor Debt Balance and the Retention shall be available for satisfaction of any payment for which the Vendor is liable under any provision of this Agreement and/or the Tax Deed, including (without limitation) any payment in respect of any breach of Warranty and any Negative Adjustment.

  • The aggregate consideration for the Acquired Assets shall be Fifty Million and 00/100 Dollars ($50,000,000.00) (the “Base Purchase Price”), plus (a) the Positive Adjustment Amount, if any, minus (b) Negative Adjustment Amount, if any, plus (c) the assumption of the Assumed Liabilities.

  • All disbursements of the Adjustment Escrow Amount will be made by wire transfer of immediately available funds to the accounts designated by Parent or the Stockholders’ Representatives, as applicable, no later than three business days after the date on which the Positive Adjustment Amount or the Negative Adjustment Amount is finally determined, and all such disbursements will include any interest, gains and other income accrued thereon from the Closing Date to the date of the disbursement.


More Definitions of Negative Adjustment

Negative Adjustment has the meaning set forth in Schedule 8.2(A) bis;
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Negative Adjustment has the meaning set forth in Section 2.6(a).
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Negative Adjustment has the meaning given to it in clause 3.2.4;
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Negative Adjustment shall have the meaning set forth in Section 1.9(f)(iii). Annex A-12 **MSPSC Electronic Copy ** 2016-UA-186 Filed on 09/23/2016 **
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Negative Adjustment shall have the meaning given to such term in Section 1.9(e)(iii). [Redacted - Commercially Sensitive Information]
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Negative Adjustment has the meaning given in paragraph 2 of Annex D.
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Negative Adjustment means the amount which is equal to (Locked Box Net Cash less Target Net Cash) plus (Locked Box Working Capital less Target Working Capital) if (and only if) such amount is a negative amount. For the avoidance of doubt, a Negative Adjustment shall reduce the aggregate price due under clause 3.1.
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