Closing Accruals definition

Closing Accruals means any customer rebates as of the Closing Date related to the fiscal year ending December 31, 2016 and any unpaid Management Incentive. Stock Purchase Agreement - 2
Sample 1Sample 2

Examples of Closing Accruals in a sentence

  • For the purposes of Net Opening Accruals (i.e. the Net Closing Accruals figure from the previous year), Accrued Expenses and Deferred Income are always negative and Prepayments and Accrued Income are always positive.

  • Purchases Cash —Depreciation — Changes in Net Current AssetsDecrease in Closing Accruals (5,474)Increase in Stock — (5,474) Direct Expenditure 613,849 Operating Cost 613,849 Note:Administration costs of this Office, including accommodation costs, are met from the Vote of the Department of Health and Children.

Related to Closing Accruals

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Amount has the meaning set forth in Section 2.3.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Adjustment Escrow Amount means $1,000,000.

  • Working Capital Escrow Amount means $500,000.

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.