Common use of Closing Date Balance Clause in Contracts

Closing Date Balance. At the Closing, Buyer shall deliver (or cause to be delivered) to Parent an amount equal to the Equity Value as reflected on the Estimated Closing Statement, minus the sum of the Adjustment Escrow Amount and the Retention Escrow Amount.

Appears in 1 contract

Sources: Unit Purchase Agreement (Watts Water Technologies Inc)

Closing Date Balance. At the Closing, Buyer shall deliver (or cause to be delivered) to Parent Seller an amount equal to the Equity Value as reflected on the Estimated Closing Statement, minus the sum of the Adjustment Escrow Amount and the Retention Escrow Amount.

Appears in 1 contract

Sources: Share Purchase Agreement (Kontoor Brands, Inc.)