Adjustments to the Base Purchase Price. The Base Purchase Price shall be adjusted as follows:
Adjustments to the Base Purchase Price. (a) At Closing, the Cash Purchase Price to be paid by the Buyer Parties at Closing shall be:
Adjustments to the Base Purchase Price. The Base Purchase Price shall be adjusted by an amount (which could be a positive or negative number) equal to the Sellers’ Credits minus the Buyer’s Credits (such amount being referred to herein as the “Adjustment Amount”). For purposes of clarity, a positive Adjustment Amount will increase the Base Purchase Price and a negative Adjustment Amount will decrease the Base Purchase Price. It is acknowledged that because of the negligible Allocated Value for Xxxxx or Leases, any adjustments pursuant to Exhibit A will be similarly negligible. An “adjustment” of any kind or nature that is equal to or is less than $100 is hereby waived by all Parties hereto.
Adjustments to the Base Purchase Price. The parties hereto shall treat any amounts payable under this Article X by the Sellers as an adjustment to the Base Purchase Price for Tax purposes, unless otherwise required by Law.
Adjustments to the Base Purchase Price. (A) The Base Purchase Price shall be increased by:
Adjustments to the Base Purchase Price. The Base Purchase Price shall be adjusted at the Closing and following the Closing, if necessary, as follows:
Adjustments to the Base Purchase Price. The Base Purchase Price shall be increased or decreased, as the case may be, by the amount by which the Working Capital Amount as of the Closing Date is greater than or less than, as the case may be, -$19,637.50 (the "Base Working Capital Amount"). For purposes of this Agreement, the term "Working Capital Amount" shall mean, as of the Closing Date, (x) the sum of the Company's fixed assets (net of depreciation) sold hereby and Inventory, minus (y) customer deposits and warranties accrued.
Adjustments to the Base Purchase Price. 1.04.01 Appropriate adjustments shall be made between Purchaser and Seller so that (A) all expenses (including, without limitation, all drilling costs, all capital expenditures, and all overhead charges under applicable operating agreements, whether Seller is the Operator or whether such operating agreements are with third parties or related entities, and all other overhead charges actually charged by third parties or which would be due to Seller as Operator under standard operating agreement provisions for the area in which the property is located) which are incurred in the operation of the Subject Properties before the Effective Time will be borne by Seller and all proceeds (net of applicable production, severance and similar taxes) from the sale of oil, gas and/or other minerals produced therefrom before the Effective Time will be owned by Seller, and (B) all expenses (including, without limitation, all capital expenditures, all drilling costs, and all overhead charges under applicable operating agreements, whether such operating agreements are with third parties or related entities, and all other overhead charges actually charged by third parties) which are incurred in the operation of the Subject Properties after the Effective Time will be borne by Purchaser and all proceeds (net of applicable production, severance and similar taxes) from the sale of oil, gas and/or other minerals produced therefrom after the Effective Time will be owned by Purchaser. It is agreed that, in making such adjustments: (X) oil which was produced from the Subject Properties and which was, on the Effective Time, stored in tanks located on the Subject Properties (or located elsewhere but used by Seller to store oil produced from the Subject Properties prior to delivery to oil purchaser) and above pipeline connections shall be deemed to have been produced before the Effective Time, and (Y) ad valorem taxes assessed with respect to a period which the Effective Time splits shall be prorated based on the number of days in such period which fall on each side of the Effective Time (with the day on which the Effective Time falls being counted in the period after the Effective Time), and (Z) no consideration shall be given to the local, state or federal income tax liabilities of any Party. Notwithstanding the provisions of this Section 1.04.01 there shall be additional adjustments as may be required pursuant to Section 4.02 or Article VII, or as otherwise provided in this Agreement. ...
Adjustments to the Base Purchase Price. The Base Purchase Price shall be adjusted by an amount (which could be a positive or negative number) equal to (a) the Seller’s Credits, minus (b) the Buyer’s Credits, plus or minus, as applicable (c) Tax allocations pursuant to Section 14.1(c) and Section 14.1(d) (such amount being referred to herein as the “Adjustment Amount”). For purposes of clarity, a positive Adjustment Amount will increase the Base Purchase Price and a negative Adjustment Amount will decrease the Base Purchase Price.
Adjustments to the Base Purchase Price. On the Interim Settlement Date, the Holdback Amount will be adjusted as follows (as so adjusted, the “Interim Settlement Date Payment”):
