Estimated Purchase Price Adjustment definition

Estimated Purchase Price Adjustment has the meaning set forth in Section 2.6(b).

Estimated Purchase Price Adjustment has the meaning set forth in Section 2.6(b). “Eversource” means Eversource Energy, a Massachusetts voluntary association and the parent company of Seller, formerly known as Northeast Utilities.

Estimated Purchase Price Adjustment shall have the meaning set forth in paragraph (b) of Schedule 2.1(a).

Examples of Estimated Purchase Price Adjustment in a sentence

• At Closing, Sellers shall estimate in good faith the Customer Advances Amount and such amount shall be included in the Estimated Purchase Price Adjustment pursuant to Section 2.02(b) (such amount being referred to as the “Estimated Customer Advances Amount”).

• The Estimated Purchase Price Adjustment will be reconciled to the Purchase Price Adjustment after the Closing Date in accordance with the further provisions of this Section 2.2(b).

• At the Closing, Purchaser shall pay (i) the Preliminary Purchase Price plus (ii) the Estimated Purchase Price Adjustment to Seller by wire transfer of immediately available funds into an account or accounts designated in writing by Seller.

• If Sellers shall disagree with any calculation set forth in the Final Closing Schedule or any element of the Purchase Price Adjustment Amount relevant thereto including the Estimated Purchase Price Adjustment, it shall notify Buyer of such disagreement in writing within thirty (30) days after its receipt of the Final Closing Schedule which notice shall set forth in reasonable detail the particulars of such disagreement.

• The Estimated Purchase Price Adjustment shall be deducted from or added to the payment otherwise required to be made by Buyer to the Company pursuant to Section 1.03(a) hereof.

More Definitions of Estimated Purchase Price Adjustment

Estimated Purchase Price Adjustment shall be an amount equal to the increase (positive) or decrease (negative) in the Net Equity as of the Initial Balance Sheet Date to the Estimated Balance Sheet Date, determined, in accordance with Section 2.10, by comparing the amount of Net Equity as of the Initial Balance Sheet Date with the amount of Net Equity as of the Estimated Balance Sheet Date; provided, however, that, if the amount of such Estimated Purchase Price Adjustment is less than U.S. $10,000,000 (ten million dollars), whether positive or negative, the Estimated Purchase Price Adjustment shall be deemed to be $0.

Estimated Purchase Price Adjustment shall have the meaning set forth in Section 1.4(b) of this Agreement.

Estimated Purchase Price Adjustment means (a) Estimated Closing Cash and Cash Equivalents, plus (b) the Estimated Net Working Capital Adjustment (which may be a positive or negative number), minus (c) Estimated Closing Indebtedness, minus (d) Estimated Company Expenses (it being understood, for the avoidance of doubt, that the Estimated Purchase Price Adjustment may be a positive or a negative number).

Estimated Purchase Price Adjustment is defined in Section 2.8(a).

Estimated Purchase Price Adjustment means $403,812, such amount resulting from the following calculation: (i) the amount of the Estimated Working Capital in excess of $2,800,000, minus (ii) the amount of the Estimated Net PP&E less than $1,500,000.

Estimated Purchase Price Adjustment has the meaning set forth in Section 1.10(a).

Estimated Purchase Price Adjustment means an amount equal to the sum of: (i) if positive, the Current Assets Target minus the Current Assets, (ii) if positive, the Cash Target minus Cash, and (iii) the Adjustment Liabilities; provided, such amount will not be less than zero.