Notional Interest Adjustment definition
Notional Interest Adjustment means an amount equal to the interest that would be payable on a notional principal amount equal to the amount, if any, by which the Base Purchase Price exceeds the Estimated Base Purchase Price or the amount, if any, by
Examples of Notional Interest Adjustment in a sentence
On the Adjustment Date (a) the Purchaser shall pay to the Vendor the amount, if any, by which the Purchase Price exceeds the Estimated Purchase Price plus the Notional Interest Adjustment or (b) the Vendor shall pay to the Purchaser the amount, if any, by which the Estimated Purchase Price exceeds the Purchase Price plus the Notional Interest Adjustment.