Examples of Net Adjustment Amount in a sentence
Payment of amounts to the Securityholders entitled to receive the Net Adjustment Amount shall be made pro rata based upon the portion of the aggregate Gross Per Common Share Merger Consideration attributable to such Securityholders.
The moisture content study showed that the moisture content of the unburned firebrands had no effect on the heat transfer from firebrand piles.
For the avoidance of doubt, if the Initial Net Adjustment Amount is zero (0), then no payments shall be made in connection therewith.
If the Net Adjustment Amount is a negative number, such amount shall be paid to Buyer within five (5) Business Days, first by distribution from the Working Capital Escrow Amount and, in the event the Working Capital Escrow Amount is insufficient, any remaining amount by distribution from the Indemnity Escrow Amount.
If the Net Adjustment Amount is negative (in which case the “Net Adjustment Amount” for purposes of this clause (iii) shall be deemed to be equal to the absolute value of such amount), the Closing Merger Consideration shall be adjusted downwards in an amount equal to the Net Adjustment Amount.