Estimated Adjustment Amount definition
Examples of Estimated Adjustment Amount in a sentence
The Closing Statement, as agreed upon by the Parties, will be used to determine the Estimated Adjustment Amount at Closing.
If the Estimated Adjustment amount is a negative number, the amount payable in cash at Closing shall be increased in an amount equal to the absolute value of the Estimated Adjustment Amount.
If the Adjustment Amount exceeds the Estimated Adjustment Amount, Parent shall, within 15 Business Days after the Closing Adjustment Statement becomes final and binding on the parties pursuant to Section 5.03, pay to WNR the amount by which the Adjustment Amount exceeds the Estimated Adjustment Amount.
If the Estimated Adjustment Amount is a negative amount, Weyerhaeuser shall cause WNR to, at the Closing, pay to Parent the absolute value of the Estimated Adjustment Amount.
Within ten (10) days following Buyer’s receipt of the Pre-Closing Adjustment Certificate, Buyer may object in good faith to the Estimated Adjustment Amount in writing, in which case Buyer shall set forth the reason(s) for its good faith dispute.