Examples of Pre-Closing Adjustment Amount in a sentence
At the Closing (as defined herein), Purchaser shall pay to Seller the Closing Payment plus the Pre-Closing Adjustment Amount (as defined in subsection 2.5(a)).
If the Pre-Closing Adjustment Amount is a negative number, then DW shall be required to contribute cash in addition to DW’s Initial Capital Contribution in an amount equal to the Pre-Closing Adjustment Amount, and the initial Gross Asset Value of MGM’s Initial Capital Contribution shall be increased in an amount equal to two hundred percent (200%) of the absolute value of the Pre-Closing Adjustment Amount.
If the Pre-Closing Adjustment Amount is greater than the Closing Adjustment Amount, then Buyer shall pay to CBNA the amount of such excess.
If the Pre-Closing Adjustment Amount is less than the Closing Adjustment, the CBNA shall pay to Buyer the amount of such deficit.
If the Pre-Closing Adjustment Amount is a positive number, the DW’s Initial Capital Contribution shall be reduced by an amount equal to the Pre-Closing Adjustment Amount, and the initial Gross Asset Value of MGM’s Initial Capital Contribution shall be decreased in an amount equal to two hundred percent (200%) of the amount of the Pre-Closing Adjustment Amount.
In the event that the Closing Adjustment Amount is greater than the Pre-Closing Adjustment Amount, CSI is obligated to pay or cause to pay the Vendor the difference within five Business Days after final determination of the Closing Adjustment Amount, and vice versa.
Section 7.04(c)(i) Pre-Closing Adjustment Amount...................................................
After considering the Buyer's objections, the Sellers, acting reasonably and in good faith, shall make such revisions to the Pre-Closing Adjustment Statement with which they agree not less than two days prior to the Closing, and the Pre-Closing Adjustment Amount shall be based upon the amount set forth in the Sellers' revised Pre-Closing Adjustment Statement.
Prior to the Closing Date, the parties shall mutually agree on the value of certain assets listed on Schedule 1.1(a)(xvii) (the "Pre-Closing Adjustment Amount"), at which time, the consideration to be paid by Buyer under Section 1.2 hereof will be increased by the Pre-Closing Adjustment Amount.
Any prepaid Taxes or estimated Tax payments made by a Target or a Subsidiary (or by the Sellers on behalf of a Target or a Subsidiary) on or prior to the Closing Date shall be allocated to the Sellers in determining the Sellers' obligations hereunder (including any Pre-Closing Adjustment Amount or Final Adjustment Amount).