Examples of Closing Adjustment Date in a sentence
On the 120th day following the Closing Date (the "Post Closing Adjustment Date"), AHD will pay to Purchaser any decrease in the Net Working Capital reflected on the Closing Balance Sheet as compared to the Interim Balance Sheet; and Purchaser will pay to AHD any increase in the Net Working Capital reflected on the Closing Balance Sheet as compared to the Interim Balance Sheet.
Not more than ninety (90) days after the Closing Date (the "Post Closing Adjustment Date"), Purchaser shall deliver to AHD a balance sheet of AHD as of the Closing Date (the "Closing Balance Sheet").
On or before the Post Closing Adjustment Date either AHD shall pay Purchaser or Purchaser shall pay AHD in immediately available funds the amount by which the Estimated Working Capital Adjustment is different than the sum of the Final Working Capital Adjustment.
After the Closing Adjustment Date, the Limited Partnership shall be responsible for all expenses and liabilities accruing in respect of the Contributed Property in respect of the period after the Closing Adjustment Date and shall be entitled to all revenues accruing in respect of the Contributed Property after the Closing Adjustment Date.
From the date of this Letter Agreement until and including the Post- Closing Adjustment Date, Community Trust, and Bank One in accordance with the Bank One Agreement, agree to cooperate in good faith with Peoples regarding notifications to employees and customers of the Point Pleasant Branches and community leaders regarding the closing of the Mini Branch, the relocation of the ATM and any other improvements to the Point Pleasant Main Branch.
The term "Post-Closing Deposit Balance" shall mean the average Core Deposits (including interest posted thereto) for the Point Pleasant Branches for the five (5) business day period immediately preceding the Post- Closing Adjustment Date.
After the Post Closing Adjustment Date, the covenants and agreements contained in this Agreement shall continue in effect until performed and discharged (to the extent that they are capable of being performed and discharged) except to the extent the continued effectiveness or enforceability of any such agreement or covenant is limited in duration by any time period stated herein.
Any such payment to Buyer shall be paid by the Escrow Agent from the Escrow Account, and, if such net amount exceeds the balance of the Escrow Account, the remainder shall be paid by Seller in cash on the Post Closing Adjustment Date.
The Post Closing Adjustment Date shall be ninety (90) days following the Closing Date.
Thereafter, Seller and Buyer shall account to each other on the Post Closing Adjustment Date for amounts that fall outside of the ranges or exceed the ceiling as provided in Section 3.2.