Net Asset Adjustment definition

Net Asset Adjustment means the amount, if any, by which Net Assets is less than the Reference Amount, up to a maximum amount of $500,000. However, if the amount by which the Net Assets differs from the Reference Amount is $10,000 or less, then the Net Asset Adjustment will be $0.00.

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Net Asset Adjustment means the amount of Adjusted Net Assets as of the Closing Date, it being understood that the Net Asset Adjustment may be more or less than zero.

Net Asset Adjustment has the meaning specified in Section 3.2(b).

Examples of Net Asset Adjustment in a sentence

If the Initial Cash Payment exceeds the sum of the Base Cash Purchase Price plus (or minus, if negative) the Final Net Asset Adjustment, then within five (5) business days after final determination thereof Seller shall pay Parent and IAWC the amount of such excess together with interest thereon for the period commencing on the Closing Date through the date of payment calculated at the Prime Rate in cash by federal or other wire transfer of immediately available funds, or certified or bank cashier's check.
The Base Cash Purchase Price shall be increased or decreased on a dollar for dollar basis by the amount, if any, by which the Estimated Adjusted Net Assets is greater than or less than $160,180,848 (such increase or decrease, as the case may be, is referred to herein as the "Estimated Net Asset Adjustment").
The Base Cash Purchase Price shall be increased or decreased on a dollar for dollar basis by the amount, if any, by which the Estimated Adjusted Net Assets is greater than or less than $93,819,658 (such increase or decrease, as the case may be, is referred to herein as the "Estimated Net Asset Adjustment").
The Base Cash Purchase Price shall be increased or decreased on a dollar for dollar basis by the amount, if any, by which the Estimated Adjusted Net Assets is greater than or less than $106,248,178 (such increase or decrease, as the case may be, is referred to herein as the "Estimated Net Asset Adjustment").
The Base Cash Purchase Price shall be increased or decreased on a dollar for dollar basis by the amount, if any, by which the Estimated Adjusted Net Assets is greater than or less than $886,056 (such increase or decrease, as the case may be, is referred to herein as the "Estimated Net Asset Adjustment").

More Definitions of Net Asset Adjustment

Net Asset Adjustment means the amount, if any, by which Net Assets is less than the Reference Amount, up to a maximum amount of

Net Asset Adjustment means the amount of any adjustment to the Purchase Price calculated in accordance with the provisions of Clause 5.3.

Net Asset Adjustment means the adjustment of the Cash Consideration in the manner set forth in Section 2.3(d)..

Net Asset Adjustment means the adjustment of the Parent Common Stock in the manner set forth in Section 4 hereof.

Net Asset Adjustment means, with respect to the Web site, any increase, or decrease, as of the Closing Date , in the amount that assets excluding cash, but including net accounts receivable and other assets, exceeds the Assumed Liabilities (provided such assets are included in the Assets). Per the March 31, 2003 Balance Sheet the total non-cash assets equaled one million five hundred eighty seven thousand one hundred eighty seven dollars ($1,587,187), including eight hundred twenty seven thousand three hundred and one dollars ($827,301) of net accounts receivable and seven hundred fifty nine thousand eight hundred and eighty six dollars ($759,886) of other assets, and the Assumed Liabilities consisted of nine hundred eighty three thousand nine hundred and seventy three ($983,973) of accounts payable and accruals and five hundred ninety nine thousand six hundred eighty eight dollars ($599,688) of deferred revenue. Any decrease in assets or increase in Assumed Liabilities, from the figures above, shall result in a comparable decrease in the Purchase Price and any increase in assets or decrease in Assumed Liabilities, from the figures above, shall result in a comparable increase in the Purchase Price provided such assets are included in the Assets.

Net Asset Adjustment means the net asset adjustment described in section 4 of the letter frorm the Offeror contained in this document;

Net Asset Adjustment means an amount equal to Eight Hundred and Twelve Thousand and Seven Dollars ($812,007).