Closing Adjustment definition

Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).
Closing Adjustment has the meaning set forth in Section 3.3(b).
Closing Adjustment has the meaning set forth in Section 2.4(a).

Examples of Closing Adjustment in a sentence

  • If such xxxxxxxx or meter readings as of the Business Day preceding the Closing Date are not available for a utility service, the charges therefor shall be adjusted at the Closing on the basis of the per diem charges for the most recent prior period for which bills were issued and shall be further adjusted at the Final Closing Adjustment on the basis of the actual bills for the period in which the Closing takes place.

  • All adjustments or prorations which could not be determined at the Closing because of the lack of actual statements, bills or invoices for the current period, the year-end reconciliation of Additional Rent, or any other reason, shall be made as a part of the Final Closing Adjustment.

  • Any net adjustment in favor of Purchaser shall be paid in cash by the Sellers to Purchaser no later than thirty (30) days after the Final Closing Adjustment.

  • Any net adjustment in favor of the Sellers shall be paid in cash by Purchaser to the Sellers no later than thirty (30) days after the Final Closing Adjustment.

  • If the exact amount of taxes is not known at Closing, the proration will be based on an amount equal to 105% of the prior assessment year’s taxes and shall be adjusted once actual figures become available after Closing, as part of the Final Closing Adjustment.


More Definitions of Closing Adjustment

Closing Adjustment has the meaning set forth in Section 2.13(a).
Closing Adjustment shall be an amount equal to the Estimated Closing Working Capital minus CDN $17,763,000.00 (the “Target Working Capital”). If the Closing Adjustment is a positive number, the Purchase Price amount to be paid at Closing shall be increased by the amount of the Closing Adjustment. If the Closing Adjustment is a negative number, the Purchase Price amount to be paid at Closing shall be reduced by the amount of the Closing Adjustment.
Closing Adjustment has the meaning set forth in Section 2.6(c).
Closing Adjustment shall be an amount equal to the Estimated Closing Working Capital minus $6,600,000 (the “Target Working Capital”). If the Closing Adjustment is a positive number, the Purchase Price shall be increased by the amount of the Closing Adjustment. If the Closing Adjustment is a negative number, the Purchase Price shall be reduced by the amount of the Closing Adjustment.
Closing Adjustment means an amount equal to: (a) the Working Capital Adjustment (which may be a negative number), plus (b) the Cash, minus (c) the Outstanding Indebtedness, minus (d) the Transaction Expenses.
Closing Adjustment means (i) the amount, if any, by which the Minimum Adjusted Closing Working Capital Target exceeds the Adjusted Closing Working Capital Amount, plus (ii) 50% of any Transfer Taxes.
Closing Adjustment means an amount equal to: (A) the Working Capital Adjustment (which may be a negative number), plus (B) the Cash, minus (C) the Outstanding Indebtedness, minus (D) the Change of Control Payment Amount (to the extent unpaid as of the Closing).