Excess Liability Adjustment definition
Excess Liability Adjustment has the meaning given in Section 2.5.
Examples of Excess Liability Adjustment in a sentence
The amount by which actual total Liabilities (other than excluded liabilities) as of the Closing Date are greater than the sum of $1,000,000 plus the Excess Liability Adjustment will constitute a claim by MoSys against the Escrow pursuant to Article 6 of this Agreement.
Such Excess Liability Adjustment will be imposed on the Vendors (except the Virage Group) on a pro rata basis based on each such Vendor’s share of the sum of the unadjusted Preference Consideration and Common Consideration.