Pre-Closing Adjustments definition

Pre-Closing Adjustments means the Accounting Adjustments between the date of September 30, 1996, and the date of Closing.

Pre-Closing Adjustments means the amounts to be added to or deducted from, as the case may be, any increase in Adjusted Capital and Surplus at the First Reference Date or any decrease in Adjusted Capital and Surplus at the First Reference Date equal to the amounts, if any, by which the Permitted Carrying Values of assets reflected in UNITED'S DECEMBER 31, 1997 ANNUAL STATEMENT or subsequently acquired exceed or are less than, as the case may be, their stated values in such DECEMBER 31, 1997 ANNUAL STATEMENT or in the case of subsequently acquired assets their cost. Pre-Closing Adjustments shall give effect to the transactions described in SECTION 2.4(D) as though they had occurred and include, as applicable, deductions for all severance, compensated absence and other post- employment benefits as described in SFAS 43 and 112 that would be payable to United's employees assuming their termination in conjunction with the closing of the transactions contemplated hereby.

Pre-Closing Adjustments means the aggregate amount of (i) Cash or other assets distributed by the Company, (ii) Indebtedness satisfied by the Company, (iii) payments made with respect to the Policies, or (iv) Transaction Expenses paid (or pre-paid) by the Company or Sellers, from the period of June 30, 2015 through the Closing Date, if any, other than the Permitted Distribution and the Term Loan Payment.

Examples of Pre-Closing Adjustments in a sentence

• The calculation of the Estimated Pre-Closing Adjustments will be prepared by the Company in accordance with the definitions set forth in this Agreement.

• If HSE disputes any portion of the Estimated Pre-Closing Adjustments prior to Closing, then HSE and the Company will negotiate in good faith in an effort to resolve any such dispute at or prior to Closing.

• The NAV has been adjusted for (i) the transaction costs of the Acquisition/DR Offer, and (ii) the effects of the Pre-Closing Adjustments as set out in the BTA.

• The NTA has been adjusted for (i) the transaction costs of the Acquisition/DR Offer, and (ii) the effects of the Pre-Closing Adjustments as set out in the BTA.

• The Purchase Price, together with the Pre-Closing Adjustments, will be satisfied fully in cash.

• The parties shall each bear their own costs and legal expenses of arbitration, except to the extent that the arbitration relates to Pre-Closing Adjustments pursuant to Section 5.06(c)(iv) hereof, in which case the losing party shall pay the legal expenses of the prevailing party.

• Weber, “Inflation Expectations and Consumption Expenditure,” Working paper, Chicago Booth Global Markets, 2015.Honda, N.

• Pre-Closing Adjustments .....................................................................................

• The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered and if the Holder does not utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.

• Seller's obligation to consummate the transaction contemplated hereby will be subject to the delivery by Buyers of the Purchase Price, excluding the Escrowed Amount and any Pre-Closing Adjustments, on the Closing Date.

More Definitions of Pre-Closing Adjustments

Pre-Closing Adjustments means the amounts to be added to or deducted from, as the case may be, any increase in Adjusted Capital and Surplus at the First Reference Date or any decrease in Adjusted Capital and Surplus at the First Reference Date equal to the amounts, if any, by which the Permitted Carrying Values of assets reflected in June 30, 1997 SAP Statements of United or subsequently acquired exceed or are less than, as the case may be, their stated values in such June 30, 1997 SAP Statements of United or in the case of subsequently acquired assets their cost. Pre- Closing Adjustments shall include, as applicable, deductions for [i] any amounts by which the carrying value of real estate assets exceed their current appraised values, [ii] any amounts by which the carrying value of mortgage loans secured by fee and leasehold interests, respectively, exceed 80% and 75%, respectively, of the current appraised values of the security, [iii] all severance, compensated absence and other post-employment benefits as described in SFAS 43 and 112 that would be payable to United's employees assuming their termination in conjunction with the closing of the transactions contemplated hereby, [iv] any recovery after June 30, 1997 through the Closing Date on those securities listed in SCHEDULE X - UNLISTED ASSETS IN ITS DECEMBER 31, 1996 ANNUAL STATEMENT, and (v) the carrying value on the Closing Date of the mortgage loan listed in SCHEDULE B -PART 2 -SECTION 3 IN ITS DECEMBER 31, 1996 ANNUAL STATEMENT provided that Citizens shall have agreed to cause United to assign the mortgage loan to Chaswil without recourse within fifteen (15) days after the Closing.