Estimated Rebate Amount definition

Estimated Rebate Amount has the meaning set forth in Section 2(h)(iii).
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Estimated Rebate Amount means the amount equal to the difference between Estimated Net Book Value and the sum of the Closing Cash Payment plus the Preferred Consideration, provided that in no event shall the Estimated Rebate Amount be less than zero.
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Examples of Estimated Rebate Amount in a sentence

  • To the extent the Estimated Rebate Amount is greater than $0, the Initial Purchase Price shall be reduced by the amount of the Estimated Rebate Amount.

  • During the period from the Closing Date to the Settlement Date, Buyer and/or the Acquired Companies shall, each Monday, pay to Seller 50% of all Rebates collected during the immediately preceding week, all such payments not to exceed the Estimated Rebate Amount (the aggregate amount so paid to Seller under this Section 3.3.3 shall be referred to herein as the "Interim Period Rebate Payment").

  • If (a) the Net Working Capital on the Conclusive Net Working Capital Statement plus the Estimated Rebate Amount exceeds (b) the Estimated Net Working Capital Amount plus the Conclusive Rebate Amount, then U.S. Buyer shall pay Sellers the amount of such excess by wire transfer of immediately available funds to Sellers’ Accounts.