Examples of Closing TBV in a sentence
Following the Closing, any disputes relating to the Estimated Closing Balance Sheet, and the calculation of the Estimated Closing TBV set forth therein, shall be resolved in accordance with the remainder of this Section 2.3.
Accordingly, in its approach to the design of homes, developers should not seek to develop homes in which the difference between the selling prices to affordable homebuyers and the market value of the homes exceeds $135,000, for any configuration.
Se gme n t e d B l o c k Re t a i n i ng Wa ll - ma t c h Be l a i r Ha r v e s t B l e nd / Be l g a r d 4 .
Except as otherwise expressly provided herein, the determination of the Closing Balance Sheet (and the corresponding calculation of Closing TBV) will be final and binding on the parties, unless, within ninety (90) days after receipt by Seller of the Closing Balance Sheet, Seller shall notify Purchaser in writing of its disagreement with any amount included therein or omitted therefrom.
Within ten (10) days following such mutual agreement or final determination of the Closing TBV, any payment payable pursuant to this S ection 2.3(d) will be paid in immediately available funds in cash to a bank account or accounts designated by Purchaser or Seller, as the case may be, at least two (2) Business Days prior to the expiration of such ten (10) day period.
If the Closing TBV (as mutually agreed by Seller and Purchaser or finally determined by the accounting firm pursuant to S ection 2.3(c)) is less than the Estimated Closing TBV, then Seller shall make an adjustment payment to Purchaser in an amount equal to such difference.
If the Closing TBV (as mutually agreed by Seller and Purchaser or finally determined by the accounting firm pursuant to Section 2.3(c)) exceeds the Estimated Closing TBV, then Purchaser shall make an adjustment payment to Seller in an amount equal to such excess.
The parties agree that the resolution of disputes with respect to the calculations and amounts set forth in the Closing Balance Sheet (and the corresponding calculation of Closing TBV) (x) will be governed, solely and exclusively, by the procedures set forth in this S ection 2.3(c) and (y) will be conclusive and binding on the parties when rendered by the accounting firm, except, in each case, in the case of fraud, intentional misconduct or manifest error.
Trial Tr. 1430:4-9.14 Mr. Lentz’s opinions about24 the Combination Patents, which is both flawed and lacks scientific support, cannot constitute reliable 2526 14 Ms. Julie, on the other hand, testified that she believed Teva’s odds of defeating the Combination Patents were only 30-40%.
The parties agree that the resolution of disputes with respect to the calculations and amounts set forth in the Closing Balance Sheet (and the corresponding calculation of Closing TBV) (x) will be governed, solely and exclusively, by the procedures set forth in this Section 2.3(c) and (y) will be conclusive and binding on the parties when rendered by the accounting firm, except, in each case, in the case of fraud, intentional misconduct or manifest error.