Cumulative Difference definition

Cumulative Difference has the meaning specified in Section --------------------- 2.04(b)(ii).
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Examples of Cumulative Difference in a sentence

  • Notwithstanding the forgoing, if the Cumulative Difference is a positive amount (e.g. the Actual Financials are cumulatively greater than the financials on Annex A), then Buyer shall not owe any additional amounts to the Sellers under this Agreement.

  • If the sum of the Franchise Revenue Difference and the Manufacturing Contribution Difference (the “Cumulative Difference”) is a negative amount of $100,000 or greater, then Buyer shall deliver a statement to the Sellers (the “Purchase Price Deficit Statement”) setting forth the Cumulative Difference.

  • If the Cumulative Difference is a negative amount of $100,000 or greater, then upon receipt of the Purchase Price Deficit Statement, the Sellers shall owe to Buyer an amount equal to the Cumulative Difference, multiplied by 8.4 (the “Purchase Price Deficit Amount”).