Common use of Calculation of Closing Consideration Clause in Contracts

Calculation of Closing Consideration. Not later than 5 days prior ------------------------------------ to the date of Closing, Seller shall deliver to Buyer a written statement setting forth (i) the Base Purchase Price, (ii) the Interest Adjustment, and (iii) the Estimated Adjustment Amount (including an estimate of the Settlement Amount), with Seller's calculation of the Interest Adjustment and the Estimated Adjustment Amount in reasonable detail, based on information then available to Seller. If the Estimated Adjustment Amount is positive, the sum of the Base Purchase Price and the Interest Adjustment shall be increased by the Estimated Adjustment Amount, and if the Estimated Adjustment Amount is negative, the sum of the Base Purchase Price and the Interest Adjustment shall be reduced by the Estimated Adjustment Amount.

Calculation of Closing Consideration. Not later than 5 business days prior ------------------------------------ to the date of ClosingClosing Date, Seller Sellers shall deliver to Buyer a written statement setting forth (i) the Base Purchase Price, (ii) the Interest Adjustment, and (iii) the Estimated Adjustment Amount (including an estimate of the Settlement Amount), together with Seller's Sellers’ calculation of the Interest Adjustment and the Estimated Adjustment Amount in reasonable detail, based on the best information then available to SellerSellers on the date the same is delivered, and supporting work papers with respect to the calculation of the Estimated Adjustment Amount. If the Estimated Adjustment Amount is positive, the sum of the Base Purchase Price and the Interest Adjustment shall be increased by the Estimated Adjustment Amount, and if the Estimated Adjustment Amount is negative, the sum of the Base Purchase Price and the Interest Adjustment shall be reduced by the Estimated Adjustment Amount.