Examples of Estimated Adjusted Purchase Price in a sentence
The Estimated Adjusted Purchase Price shall be allocated among the Sellers in accordance with the methodology described on Annex 1 hereto (the “Distribution Methodology”).
At the Closing, Buyer shall pay to the Paying Agent, an aggregate amount equal to (A) all Company Debt identified in the Payoff Letter(s), (B) the Estimated Transaction Expenses identified on the Initial Closing Statement (excluding any such Estimated Transaction Expenses that are compensatory) and (C) the Estimated Adjusted Purchase Price identified on the Initial Closing Statement (the “Closing Payment”).
At the Closing, Buyer shall cause the Paying Agent to pay to each Seller, severally and not jointly, such Seller’s respective share of the Estimated Adjusted Purchase Price (such share being set forth on the Initial Closing Statement), in respect of the Company Units or Blocker Equity (as applicable) being sold to Buyer by such Seller at the Closing.
Upon the terms and subject to the conditions set forth in this Agreement, the aggregate consideration payable by Buyer to the Sellers at the Closing for the Company Units and the Blocker Equity shall be an amount in cash, equal to the Estimated Adjusted Purchase Price.