Deferred Revenue Adjustment Amount definition

Deferred Revenue Adjustment Amount means the amount, if any, by which Closing Date Deferred Revenue exceeds Deferred Revenue as of the date hereof, as set forth on the Sellers’ balance sheet.
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Deferred Revenue Adjustment Amount means the amount by which the Deferred Revenue exceeds $15,222,000 on the Closing Date, as ultimately determined in accordance with the procedures set forth in Section 1.4 of this Agreement; provided, however, that if the Deferred Revenue on the Closing Date is less than $15,222,000, the Deferred Revenue Adjustment Amount shall be deemed to be Zero Dollars ($0).
Sample 1
Deferred Revenue Adjustment Amount means $306,157.76.
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Examples of Deferred Revenue Adjustment Amount in a sentence

  • THE ADJUSTMENT AMOUNT (which may be a positive or negative number) will be equal to the sum of the net worth of the Company as of July 31, 2000 determined in accordance with GAAP and the Enterprise Deferred Revenue Adjustment Amount.

  • The aggregate consideration for the Acquired Assets (the “Purchase Price”) shall be (A) $3,250,000 (Three Million Two Hundred Fifty Thousand Dollars) (the “Cash Purchase Price”), plus (B) the Additional Cash Purchase Price, if applicable, plus (C) Buyer’s assumption of the Assumed Liabilities, minus (D) the Deferred Revenue Adjustment Amount.

  • The aggregate consideration for the Acquired Assets (the “Purchase Price”) shall be (A) $6,780,062 (Six Million Seven Hundred Eighty Thousand Sixty-Two Dollars) (the “Cash Purchase Price”), plus (B) the Additional Cash Purchase Price, if applicable, plus (C) Buyer’s assumption of the Assumed Liabilities, minus (D) the Deferred Revenue Adjustment Amount.

  • The aggregate consideration for the Acquired Assets (the “Purchase Price”) shall be (A) $3,250,000 (Three Million Two Hundred Fifty Thousand Dollars) (the “Cash Purchase Price”) and (B) Buyer’s assumption of the Assumed Liabilities minus (C) the Deferred Revenue Adjustment Amount.

  • Sellers will deliver the Adjustment Date Balance Sheet, together with the statement of the Enterprise Deferred Revenue Adjustment Amount, to Parent within thirty days after the Closing Date.

  • The Working Capital Adjustment Amount and the Deferred Revenue Adjustment Amount shall be determined as set forth in Section 1.4 below.

Related to Deferred Revenue Adjustment Amount

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;