Examples of Post-Closing Adjustment in a sentence
The Independent Accountant shall make a determination as soon as practicable within thirty (30) days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the parties hereto.
The aggregate consideration to be paid by Purchaser for the Acquired Interests shall be cash in an amount equal to the sum of (a) the Adjusted Base Purchase Price, (b) plus or minus the Post-Closing Adjustment Increase Amount or Post-Closing Adjustment Decrease Amount, as applicable.
The amount of any Post-Closing Adjustment shall bear interest from and including the Closing Date to, but excluding, the date of payment at a rate per annum equal to six percent (6%).
As soon as practicable following the determination of the Final Working Capital Amount in accordance with Section 2.06 and payment of the Post-Closing Adjustment Decrease Amount, if applicable, the Seller Representative shall disburse the balance of the Seller Representative Expense Account to Sellers in accordance with their respective Pro Rata Proportionate Share.