Deferred Adjustment Amount definition
Deferred Adjustment Amount with respect to any Unit shall mean, as of the relevant determination date, an amount determined by multiplying the Equipment Cost for such Unit by the percentage set forth in the column labeled "Deferred Balance" in Schedule 8 to the Participation Agreement for the Basic Group to which such Unit belongs. (Such Deferred Adjustment Amount with respect to any Unit has been calculated as of the relevant determination date as an amount equal to (x) the cumulative Basic Rent allocated pursuant to the Lease minus (y) the cumulative Basic Rent payable pursuant to the Lease.)
Deferred Adjustment Amount has the meaning given to such term in Section 2.6.
Deferred Adjustment Amount means the Agreed Adjustment Amount, or in the event that a dispute with respect to the Final Adjustments Statement has not been resolved in accordance with Section 2.3(d) by the Deferred Cash Consideration Payment Date, the Undisputed Adjustment Amount.
Examples of Deferred Adjustment Amount in a sentence
Until the remaining balance of the Deferred Adjustment Amount has been paid in full in accordance with this Section 2.6(b), Buyer shall, within three (3) Business Days after the end of every calendar month ending after Closing, provide to Sellers’ Representative a statement setting forth Buyer’s Net Sales for such month.
For avoidance of doubt, the requirement of any payment by Buyer pursuant to this Section 2.7(c) shall not affect the otherwise applicable payment of the Deferred Adjustment Amount pursuant to Section 2.6.