Computation Notice definition
Examples of Computation Notice in a sentence
The Independent Accountants shall be directed to resolve only those issues in dispute and render a written report on their resolution of disputed issues with respect to the Income Statement and the Computation Notice as promptly as practicable, but no later than sixty (60) days after the date on which the Independent Accountants are engaged.
Unless Purchaser notifies Seller within ten (10) business days following Purchaser's receipt of the Computation Notice that Purchaser disagrees with the provisions thereof, Purchaser shall pay to Seller, within thirty (30) days following Purchaser's receipt of the Computation Notice the amount of the Footage Payment provided therein.
If Purchaser does object to the Computation Notice as aforesaid, Purchaser and Seller shall promptly confer, in good faith, to resolve the disagreement.
Any determination by the Independent Accountants will not be outside the range established by the amounts in (i) the Income Statement and the computation of EBITDA and Adjusted EBITDA in the Computation Notice proposed by Buyer, and (ii) Sellers’ Representative’s proposed adjustments thereto.
Such EBITDA Bonus shall be paid to Executive no later than the date of the first scheduled payroll following the date of completion of NIM's annual audit for the period to which the EBITDA Bonus relates, accompanied by a written notice from MergerCo (an "EBITDA Computation Notice") setting forth the Chief Financial Officer's determination of EBITDA for the First Measurement Period together with the Chief Financial Officer's worksheet setting forth the computation of EBITDA in reasonable detail.
Such EBITDA Bonus shall be paid to Executive no later than the date of the first scheduled payroll following the date of completion of NIM's annual audit for the period to which the EBITDA Bonus relates, accompanied by an EBITDA Computation Notice setting forth the Chief Financial Officer's determination of EBITDA for the Second Measurement Period together with the Chief Financial Officer's worksheet setting forth the computation of EBITDA in reasonable detail.
Buyer shall deliver the Income Statement and the Computation Notice to Seller within forty-five (45) days following the end of the applicable Earnout Period.
The Issuer shall provide the Subscriber with a computation of such fee within five business days of the closing of each quarter (i.e., the 31 March, the 30 June, the 30 September and the 31 December of each year) (the "Computation Notice").
Any determination by the Independent Accountants will not be outside the range established by the amounts in (i) the Income Statement and the computation of Revenue in the Computation Notice proposed by Buyer, and (ii) Sellers’ proposed adjustments thereto.
Any determination by the Independent Accountants will not be outside the range established by the amounts in (i) the Income Statement and the computation of EBITDA and Adjusted EBITDA in the Computation Notice proposed by Buyer, and (ii) Seller’s proposed adjustments thereto.