Common use of Initial Determination Clause in Contracts

Initial Determination. Within 60 days after the Closing Date, the Buyer will prepare in good faith and deliver to the Seller a certificate (the “Purchase Price Certificate”) executed by the Buyer setting forth (i) an itemized listing of Closing Cash, Closing Indebtedness and the Closing Working Capital, and (ii) the Buyer’s calculation of the Purchase Price.

Appears in 1 contract

Sources: Securities Purchase Agreement (Hillenbrand, Inc.)

Initial Determination. Within 60 ninety (90) days after the Closing Date, the Buyer will prepare in good faith and deliver to the Seller Agent a certificate (the “Purchase Price Certificate”) executed by the Buyer setting forth (i) an itemized listing of Closing Cash, Closing Indebtedness and the Closing Working CapitalCapital (collectively, the “Closing Items”), and (ii) the Buyer’s calculation of the final Purchase Price.

Appears in 1 contract

Sources: Securities Purchase Agreement (Henry Jack & Associates Inc)

Initial Determination. Within 60 90 days after the Closing Date, the Buyer will prepare in good faith and deliver to the Seller a certificate (the “Closing Purchase Price Certificate”) executed by the Buyer setting forth (i) an itemized listing of the Closing Cash, Closing Indebtedness Cash and the Closing Working Capital, and (ii) based thereon, the Buyer’s calculation of the final Closing Purchase Price, in each case prepared and determined in accordance with the procedures set forth on Schedule 1.3(a) and Schedule 1.3(b).

Appears in 1 contract

Sources: Securities Purchase Agreement (Neenah Paper Inc)

Initial Determination. Within 60 days after the Closing Date, the Buyer will prepare in good faith and deliver to the Seller a certificate (the “Cash Purchase Price Certificate”) executed by the Buyer setting forth (i) an itemized listing of the Closing Cash, Closing Indebtedness and the Closing Working Capital, and (ii) the Buyer’s calculation of the final Cash Purchase Price.

Appears in 1 contract

Sources: Securities Purchase Agreement (TreeHouse Foods, Inc.)