ADSP definition
Examples of ADSP in a sentence
Purchaser and Seller each agree to consult in good faith with regard to the proposed determination and the Proposed Allocation, provided that Seller shall accept Purchaser's final determination of the ADSP and the Proposed Allocation to the extent that they are reasonable and consistent with Applicable Law (which, when accepted, shall become the "Final Allocation").
A sample acknowledgment statement for the ADSP dataset(s) follows: Approved users agree that the acknowledgment shall include the NIAGADS-specific version of the dataset(s) analyzed.
In the event that Buyer and Sellers’ Representative are unable to agree on the allocation of ADSP to be reported on Form 8883 within 180 days of the Closing Date (and a failure to raise any disagreement by Sellers’ Representative will be deemed to be considered an acquiescence), the matter in dispute shall be resolved as soon as practicable by the Accountants.
With respect to each 338(h)(10) Election, Seller and Purchaser shall agree within 90 calendar days following the determination of the Final Consideration on (i) the aggregate deemed sale price (as defined in Treasury Regulation § 1.338-4) (the “ADSP”) and (ii) the allocation of the ADSP among the assets of each of the 338(h)(l 0) Election Entities (collectively, the “338(h)(10) Election Allocations”).
As promptly as possible, but in any event within 120 calendar days after the determination of the Final Working Capital Statement, Purchaser shall propose to Seller an allocation of the ADSP.