Closing Estimate Payment definition

Closing Estimate Payment is defined in Section 2.3(b).
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Closing Estimate Payment is defined in Section 2.6(b).
Sample 1

Examples of Closing Estimate Payment in a sentence

  • Trading in GKOs had quite a complex structure, with informational linkages among all the various sectors: the primary auction, the secondary market, the futures market and the repo market2.

  • If the Closing Estimate Payment is less than the Purchase Price as finally determined, Buyer shall pay to Seller, to an account designated in writing by Seller, an amount equal to the difference between the Purchase Price and the Closing Estimate Payment within five (5) Business Days following the final determination of the Purchase Price.

  • If the final Purchase Price is less than the Closing Estimate Payment (such shortfall, the “ Shortfall Amount”), then Seller shall, within two Business Days following the final determination of the final Purchase Price, pay to Purchaser an amount equal to the Shortfall Amount by wire transfer of immediately available funds to a bank account designated by Purchaser.

  • If the final Purchase Price is less than the Closing Estimate Payment (such shortfall, the “ Shortfall Amount ”), then Seller shall, within two Business Days following the final determination of the final Purchase Price, pay to Purchaser an amount equal to the Shortfall Amount by wire transfer of immediately available funds to a bank account designated by Purchaser.

  • If the Aggregate Consideration (as finally determined) is less than the Closing Estimate Payment (a “Deficiency”), the Deficiency shall be paid out of the Escrow Account, on behalf of Sellers, to Purchaser promptly following the final determination of the Aggregate Consideration.

  • Any decrease in the Purchase Price below the Closing Estimate Payment shall be paid in cash by Seller to Purchaser within two Business Days following the final determination of the Purchase Price by wire transfer of immediately available funds to an account designated by Purchaser.

  • If the final Purchase Price is greater than the Closing Estimate Payment (such excess, the “ Excess Amount”), then Purchaser will pay to Seller, within two Business Days following the final determination of the final Purchase Price, by wire transfer of immediately available funds to a bank account designated by Seller, an amount in cash equal to the Excess Amount.

  • Upon delivery to Purchaser at the Closing of certificates representing the Shares, duly endorsed by Seller for transfer to Purchaser, and upon Seller’s receipt of the Closing Estimate Payment, good and valid title to the Shares will pass to Purchaser, free and clear of any Encumbrances, other than those arising from acts of Purchaser or its Affiliates.

Related to Closing Estimate Payment

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

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

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

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

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

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

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Payment Statement As defined in Section 6.01 hereof.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

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

  • 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.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).