Examples of Negative Adjustment in a sentence
If the Negative Adjustment Shares is less than the Adjustment Holdback Shares, then the Exchange Agent will disburse such remaining portion of the Adjustment Holdback Amount to the holders of Danimer Common Stock in accordance with the Merger Agreement.
Negative Adjustment Principles to consider 7.11 In addition to taking into account the regulated pricing method, the contractor and the MOD must have regard to the following principles (which are not exhaustive) c.
If there is a Final Negative Adjustment, then Seller shall repay an amount equal to Final Negative Adjustment to Buyer.
Upon determination of the Final Purchase Price, the Representative shall deliver to Buyer an updated Seller Payout Spreadsheet setting forth each Seller’s respective pro rata shares of the Net Positive Adjustment Amount or the Net Negative Adjustment Amount, as applicable (the “ Post-Closing Seller Payout Spreadsheet”), and, in the event of a Net Positive Adjustment Amount, the Post-Closing Seller Payout Spreadsheet shall include wire transfer instructions for each Seller.
Following the determination of the Final Purchase Price and the full payment of the Net Negative Adjustment Amount (if any) in accordance with Section 2.05 , the Representative shall be permitted to use or disburse any remaining portion of the Representative Fund in accordance with this Section 9.17.