Draft Adjustment Report definition

Draft Adjustment Report has the meaning set forth in Section 2.3(a).
Sample 1Sample 2Sample 3
Draft Adjustment Report shall have the meaning set forth in Section 4.1 hereof.
Sample 1

Examples of Draft Adjustment Report in a sentence

  • The Purchaser shall deliver the Closing Date Balance Sheet and the Draft Adjustment Report to the Seller within such 30 day period after the Closing Date.

  • The Purchaser shall deliver the Closing Date Balance Sheet and the Draft Adjustment Report to the Seller within such ninety (90) day period after the Closing Date.

  • During the fifteen (15) day period after the Seller’s receipt of the Draft Adjustment Report, the Seller and Parent shall cooperate with each other to resolve any disagreements between them with respect to the Draft Adjustment Report.

  • If the Seller fails to deliver timely notice of its objection to the Closing Date Balance Sheet or the Net Asset Adjustment as set forth in the Draft Adjustment Report, then the Draft Adjustment Report shall be deemed to be the Adjustment Report, and the Net Asset Adjustment set forth therein shall be conclusive and binding upon the Purchaser and the Seller and shall have the effect of adjusting the Cash Consideration as set forth therein.

  • In resolving any disputed item, the Arbiter may not assign a value to such item greater than the greatest value for such item claimed by either party in the Closing Date Balance Sheet, Draft Adjustment Report or Objection Notice or less than the lowest value for such item claimed by either party in the Closing Date Balance Sheet, Draft Adjustment Report or Objection Notice.

  • For purposes of the Arbiter’s determination, the amounts to be included shall be the appropriate amounts from Schedule 4.1 or the Draft Adjustment Report, as the case may be, as to items that are not in dispute, and the amounts determined by the Arbiter, as to items that are submitted for resolution by the Arbiter.

  • The matters in dispute shall be determined by a nationally recognized independent public accounting firm mutually satisfactory to the Purchaser and the Seller (the "Arbiter"), and the Purchaser and the Seller shall promptly deliver to the Arbiter the Closing Date Balance Sheet, the Draft Adjustment Report and Seller's Objection Notice.

  • The matters in dispute shall be determined by a nationally recognized independent public accounting firm mutually satisfactory to Parent and the Seller (which accounting firm shall not be the current or former auditors of either Parent or the Seller) (the “Arbiter”), and Parent and the Seller shall promptly deliver to the Arbiter Schedule 4.1, the Draft Adjustment Report and Seller’s Objection Notice.

  • Parent shall deliver the Draft Adjustment Report to the Company and to Rose (who for purposes of this Section 4 shall be collectively referred to as “Seller”) within such 30-day period after the Closing Date.

  • If the Seller fails to deliver timely notice of its objection to the Net Asset Adjustment as set forth in the Draft Adjustment Report, then the Draft Adjustment Report shall be deemed to be the Final Adjustment Report, and the Net Asset Adjustment set forth therein shall be conclusive and binding upon Parent and the Seller and shall have the effect of adjusting the Parent Common Stock subject to the Escrow Agreement as provided below.

Related to Draft Adjustment Report

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Adjustment Request means any formal or informal claim or request filed with any Tax Authority, or with any administrative agency or court, for the adjustment, refund, or credit of Taxes, including (a) any amended Tax Return claiming adjustment to the Taxes as reported on the Tax Return or, if applicable, as previously adjusted, (b) any claim for equitable recoupment or other offset, and (c) any claim for refund or credit of Taxes previously paid.

  • Settlement Report a report summarizing Revolver Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Revolver Commitments.

  • Final Adjustment Statement has the meaning set forth in Section 2.6(c).

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Preliminary Settlement Statement shall have the meaning given such term in Section 3.2.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Notice has the meaning set forth in Section 2.3(c)(i).

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Settlement Statement has the meaning set forth in Section 3.2(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • CMSA NOI Adjustment Worksheet A report substantially in the form of, and containing the information called for in, the downloadable form of the "NOI Adjustment Worksheet" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be recommended by the CMSA for commercial mortgage securities transactions generally and is acceptable to the Master Servicer or the Special Servicer, as applicable, and in any event, shall present the computations made in accordance with the methodology described in such form to "normalize" the full year net operating income and debt service coverage numbers used in the other reports required by this Agreement.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.