Interim Closing Payment definition

Interim Closing Payment means the payment representing any undisputed amounts comprising the difference between the Preliminary Purchase Price shown on the Preliminary Closing Statement and the Closing Purchase Price shown on the Closing Statement.
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Interim Closing Payment means the greater of:
Sample 1

Examples of Interim Closing Payment in a sentence

  • The Audited Closing Statement shall be in a form substantially similar to the Closing Statement, except that it will reflect the payment of any Interim Closing Payment.

  • The By-Laws of the Fund, as amended and restated and in effect on the date hereof.

  • Upon such notification to Purchaser that certain items remain in dispute, Seller shall pay to Purchaser, or Purchaser shall pay to Seller, (whichever the case may be) the Interim Closing Payment, plus interest calculated at the federal funds rate from the Closing Date to the date the Interim Closing Payment is made.

  • Upon such notification to Purchaser that certain items remain in dispute, Seller shall pay to Purchaser, or Purchaser shall pay to Seller, in either case, within five (5) days of such notice, the Interim Closing Payment, plus interest calculated at the federal funds rate from the Closing Date to the date the Interim Closing Payment is made.

Related to Interim Closing Payment

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Second Closing has the meaning set forth in Section 2.2.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Final Closing means the last closing under the Private Placement;

  • Scheduled Closing Date Has the meaning specified in the NPA.

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Original Closing Date means March 21, 2013.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.