Proposed Adjustment Notice definition

Proposed Adjustment Notice has the meaning given such term in Section 2.01(c).

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Proposed Adjustment Notice has the meaning specified in Section 9.01.

Proposed Adjustment Notice shall have the meaning set forth in Section 3.3(d).

Examples of Proposed Adjustment Notice in a sentence

If HUD determines that an adjustment is required, within five (5) Business Days of receipt of the Proposed Adjustment Notice HUD will either remit any net overpayment to Purchaser or Purchaser will remit any net underpayment to HUD, as applicable, in either case without interest.
The Proposed Adjustment Notice must identify the affected Mortgage Loans and include a reasonably detailed description of any purported error on the Settlement Statement.
If an Earnout Proposed Adjustment Notice is not delivered to Seller prior to the expiration of applicable Earnout Review Period, the Applicable Revenues Statement for such Seller Fiscal Year shall become final, binding and conclusive on all Parties.
If TMRI believes that the Tranche 6 Calculation was not prepared in accordance with this Agreement, TMRI shall deliver to BMET USA, prior to the expiration of the Review Period, a proposed Tranche 6 adjustment notice (a "Proposed Adjustment Notice"), which notice shall identify in detail the item or items on the Tranche 6 Calculation which TMRI considers not to have been prepared in accordance with this Agreement.
If TMRI does not deliver a Proposed Adjustment Notice to BMET USA prior to the expiration of the Review Period, the amount of Tranche 6 Shares (or payment in lieu thereof) pursuant to section 4.2(1)(g), including the amount of the Tranche 6 Value Payment, each as set out in the Tranche 6 Calculation shall become final, binding and conclusive on BMET USA and the THMG Parties.
If THMG does deliver a Proposed Adjustment Notice, the provisions of section 6.1(3) shall be applicable.
If Purchaser believes that the Final Closing Statement of Purchased Net Assets was not calculated in accordance with the accounting principles and procedures set forth in Schedule 3.3 or the Excess Amount or Deficiency Amount, if any, as the case may be, was not prepared in accordance with Section 3.3(a), Purchaser shall deliver to Seller, prior to the expiration of the Review Period, a proposed adjustment notice ("Proposed Adjustment Notice").
If a Proposed Adjustment Notice is delivered within the period set forth in Section 2.3.3, Purchaser and the Stockholder shall negotiate in good faith for a ten business day period commencing on the date of delivery of the Proposed Adjustment Notice to resolve such dispute.
If Purchaser believes that the Closing Balance Sheet was not prepared in accordance with Section 2.3.1, Purchaser shall deliver to the Stockholder, prior to the expiration of the Review Period, a proposed adjustment notice (a "Proposed Adjustment Notice").
Except as set forth in Section 7.05, within ninety (90) days after the Closing Date, if either HUD or Purchaser determines that the Closing Date Payment was computed incorrectly, the party making such determination shall, within the same ninety (90) day period, deliver a Proposed Adjustment Notice to the other party.

More Definitions of Proposed Adjustment Notice

Proposed Adjustment Notice. A written notice pursuant to Section 3.04.A that the Closing Date Payment was computed incorrectly.

Proposed Adjustment Notice. A written notice pursuant to Section 3.04.A that the Closing Date Payment was computed incorrectly. Purchaser: The person or entity identified on the cover page of this Agreement. Real Estate Tax ▇▇▇▇: Any ▇▇▇▇ for real estate taxes or special assessments with respect to a Mortgaged Property. Regulatory Agreement: With respect to each Mortgage Loan, any HUD regulatory agreement executed by HUD (or the original co-insuring mortgagee) and the Mortgagor relating solely to such Mortgage Loan. Release of Regulatory Agreement: A release or partial release of the Regulatory Agreement substantially in the form of Attachment E. Rescission Date: The date upon which HUD pays Purchaser the Rescission Payment pursuant to Subsection 7.05.D(2) hereof.

Proposed Adjustment Notice has the meaning given in section 6.1(2);

Proposed Adjustment Notice is defined in Section 1.5(f).