Common use of Additional Understanding Clause in Contracts

Additional Understanding. It is understood that the establishment of $(1,900,000) as the amount of Base Net Working Capital was a negotiated result to establish the base from which any adjustment to the Initial Consideration is to be calculated, and, therefore, will not influence or affect in any respect the calculation of Effective Date Net Working Capital.

Appears in 2 contracts

Sources: Arrangement Agreement, Arrangement Agreement (Motricity Inc)

Additional Understanding. It is understood that the establishment of $(1,900,000) 0 as the amount of Base Net Working Capital was a negotiated result to establish the base from which any adjustment to the Aggregate Initial Consideration is to be calculated, and, therefore, will not influence or affect in any respect the calculation of Effective Date Net Working Capital.

Appears in 1 contract

Sources: Arrangement Agreement (Motricity Inc)