Seller Objection Notice definition

Seller Objection Notice has the meaning set forth in Section 2.7(a).
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Seller Objection Notice is defined in Section 1.5(c).
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Seller Objection Notice the meaning set forth in Section 1.3(c).
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Examples of Seller Objection Notice in a sentence

  • If Seller delivers a Seller Objection Notice within such five (5) business day period, Escrow Agent shall continue to hold the Deposit until otherwise directed by either (i) joint written instructions from Purchaser and Seller or (ii) a court order binding on the Escrow Agent which has not been stayed or vacated before disbursement of the Deposit.

  • If the Seller does not provide a Seller Objection Notice to the Buyer within such 10 Business Day period, the Allocation shall be final and binding on the Parties.

  • With respect to each disputed item, such decision, if not in accordance with the position of either Buyer or Seller, shall not be in excess of the higher, nor less than the lower, of the amounts advocated by Seller in the Seller Objection Notice or Buyer in the Buyer Objection Notice with respect to such disputed item.

  • In performing their review, the Accountants shall apply the Balance Sheet Principles and determine the accurate application of the Balance Sheet Principles to only those items or amounts in the Closing Net Capital Statement and the calculation of Closing Net Capital as to which Seller has, in the Seller Objection Notice, disagreed.

  • If a Seller Objection Notice is properly and timely delivered, Purchaser and Seller shall use good faith efforts to resolve their differences with respect to the Seller Objection within 30 calendar days after Purchaser’s receipt of the Seller Objection Notice.

  • If Seller does not deliver a Seller Objection Notice within the Seller Review Period, Seller shall be deemed to agree in all respects with the Closing Date Balance Sheet and the Closing Working Capital Statement and the items and amounts reflected thereon shall be final and binding upon Purchaser and Seller.

  • Buyer shall have ten (10) Business Days or until the Closing Date, whichever occurs first, to give written notice to Seller ("Objection Notice") disapproving any items contained in the Supplemental Report and identifying the items disapproved in Buyer's sole discretion.

  • Despite the timely delivery of a Seller Objection Notice, the Purchaser, on the one hand, and the Parent and the Seller on the other hand, as applicable, shall make any and all payments as to amounts not in dispute required by Section 1.4(e) prior to the resolution of the Seller Objection pursuant to Section 1.4(c).

  • The Accountants shall be instructed to render their decision in accordance with the terms of this Agreement and GAAP (as modified in accordance with the illustration set forth in Exhibit 1.4(a)) and shall consider only those items or amounts on the Closing Date Balance Sheet and/or in the Closing Working Capital Statement as to which Seller has, in the Seller Objection Notice, disagreed and such other issues as may reasonably be affected by the items as to which Seller has so disagreed.

  • In the event Buyer disputes Seller’s calculation of Net Sales as set forth in such Seller Objection Notice within 30 days after receipt of such notice, Buyer will so notify Seller in writing (the “Buyer Objection Notice”) within such 30 day period and the Parties will attempt thereafter to resolve such dispute amicably and, if they cannot do so, they will (unless the Parties mutually agree to continue their efforts to resolve such dispute) submit the dispute for resolution by the Accountants.


More Definitions of Seller Objection Notice

Seller Objection Notice has the meaning set forth in Section 2.3.1(g).
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Seller Objection Notice has the meaning set forth in Section 1.5(b).
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Seller Objection Notice has the meaning set forth in Section 9.02(a)(i).
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Related to Seller Objection Notice

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Material Objection Notice has the meaning set forth in Section 4.2 of this Agreement.

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Plan Objection Deadline means the date the Bankruptcy Court establishes as the deadline to File an objection to Confirmation of the Plan.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Claims Objection Deadline means the deadline for objecting to a Claim against a Debtor, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Court for objecting to such Claims.

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Notice of Objection has the meaning set forth in Section 2.4(c).

  • Objection Period has the meaning set forth in Section 2.4(d).

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Objection Deadline means the date identified in the Preliminary Approval Order and Class Notice by which a Settlement Class Member must serve written objections, if any, to the Settlement to be able to object to the Settlement. The Objection Deadline shall be no later than 30 days before the Final Approval Hearing.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Acquisition Notice has the meaning set forth in Section 2.5(a).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Notice of Disagreement has the meaning set forth in Section 2.4(c).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Claims Notice has the meaning set forth in Section 9.3(a).