Preliminary Adjustment Amount definition

Preliminary Adjustment Amount has the meaning set forth in Section 2.2(d).

Preliminary Adjustment Amount the meaning set forth in Section 1.4(a). Purchase: the meaning set forth in Section 1.1.

Preliminary Adjustment Amount has the meaning specified in Section 2.6(b). -------------

Examples of Preliminary Adjustment Amount in a sentence

• If the sum of the Purchase Price Adjustment and the Preliminary Adjustment Amount, if any, is a negative number, ABI shall cause payment of the absolute value of such amount by wire transfer of immediately available funds to a bank account designated in writing by CBI (such designation to be made at least three (3) days prior to the date such payment is due).

• Any payment to be made pursuant to the prior two sentences shall be made within thirty (30) days after the Final EBITDA Amount has been determined; provided, however, that notwithstanding the foregoing, CBI shall not be required to make any payment in excess of the value of the Preliminary Adjustment Amount until the first anniversary of the Closing.

• If the sum of the Purchase Price Adjustment and the Preliminary Adjustment Amount, if any, is a positive number, CBI shall cause payment of such amount by wire transfer of immediately available funds to a bank account designated in writing by ABI (such designation to be made at least three (3) days prior to the date such payment is due).

• If the Preliminary Adjustment Amount is positive, the Initial Cash Consideration to be paid in accordance with Section 2.3(a)(1) shall be increased dollar-for-dollar by an amount equal to the Preliminary Adjustment Amount.

• Notwithstanding the foregoing, the Seller shall have the right to (i) make any final downward adjustment payment out of the Escrow Sum and (ii) utilize all or a portion of the $50,000 indemnity deductible provided in Section 8.6 hereof ----------- against either the Preliminary Adjustment Amount or the Final Adjustment Amount.

More Definitions of Preliminary Adjustment Amount

Preliminary Adjustment Amount has the meaning assigned to it in Section 2.4(b).

Preliminary Adjustment Amount means the Adjustment Amount determined by reference to the Preliminary Closing Date Balance Sheet delivered by Seller to Buyer in accordance with Section 3(c).

Preliminary Adjustment Amount the meaning set forth in Section 1.4(a).

Preliminary Adjustment Amount. (i) the Company's Net Liability Amount as ----------------------------- reflected on the Pro Forma Balance Sheet, minus (ii) the Company's Net Liability Amount as reflected on the Interim Balance Sheet but only to the extent that the Preliminary Adjustment Amount causes or would cause the Funding Requirement at Closing to exceed $40,250,000 (any lesser amount to be reflected by a cash adjustment to the Purchase Price under the Stock Acquisition Agreement).

Preliminary Adjustment Amount as defined in Section 2.5(a).

Preliminary Adjustment Amount. (which may be a positive or negative number) will be equal to the amount of the Closing Receivables/Current Assets (as shown on the Preliminary Closing Date Statement) less the Closing Payables/Liabilities (as shown on the Preliminary Closing Date Statement). If the Preliminary Adjustment Amount is a positive number, the Purchase Price and the Closing Amount shall be increased by such amount, and if the Preliminary Adjustment Amount is a negative number, the Purchase Price and the Closing Amount shall be decreased by such amount.

Preliminary Adjustment Amount. (i) the Company's Net Working Capital ----------------------------- Amount as reflected on the Pro Forma Balance Sheet, minus (ii) the Company's Net Working Capital Amount as reflected on the Interim Balance Sheet.