Preliminary Purchase Price Statement definition

Preliminary Purchase Price Statement has the meaning set forth in Section 3.1(a).
Preliminary Purchase Price Statement is defined in Section 1.2 of this Agreement. ---------- /1/ SMF to confirm.
Preliminary Purchase Price Statement shall have the meaning set forth in the SPA.

Examples of Preliminary Purchase Price Statement in a sentence

  • The Preliminary Purchase Price Statement shall be prepared on a basis consistent with the December 31, 2005 Balance Sheet and the Reference Purchase Price Statement.

  • In order to establish a reasonable estimate of the Purchase Price at Closing, Sellers shall prepare and deliver to Buyers, not less than five (5) business days prior to the Closing Date, a detailed written statement (the "Preliminary Purchase Price Statement") of Sellers' reasonable good faith calculation of the Company's Net Working Capital as of the Closing Date (the "Preliminary Net Working Capital").

  • In order to establish a reasonable estimate of the Purchase Price at Closing, Sellers shall prepare and deliver to Buyers, not less than five (5) business days prior to the Closing Date, a detailed written statement (the "Preliminary Purchase Price Statement") of Sellers' reasonable good faith calculation of the Net Working Capital with respect to the Retail Store Business and the Meat Processing Business as of the Closing Date (the "Preliminary Net Working Capital").


More Definitions of Preliminary Purchase Price Statement

Preliminary Purchase Price Statement in each case calculated as of the last day of the month preceding the month of the Closing Date (other than in connection with a Deferred Closing, which will be calculated as of November 30, 2008 for all purposes hereunder) on a basis consistent with the statutory accounting principles, procedures, policies, reserving methodology and methods used in calculating the Sample Balance Sheet, the Sample Purchase Price Statement, and the Sample Adjusted Statutory Capitalization (such result, the “Preliminary Adjusted Statutory Capitalization”) and in the case of the Preliminary Purchase Price Statement, calculating the amount of any Additional Dividend, Capital Contribution and Dividend Shortfall as of such date, as well as reflecting the estimated 338(h)(10) Adjustment Amount set forth on the Estimated 338(h)(10) Statement; provided that if the Approved Dividend is not known on such date, Seller shall use a good faith estimate of such amount as of such balance sheet date for purposes of calculating the Dividend Shortfall. For purposes of this delivery requirement (except for the purposes of calculating the 338(h)(10) Adjustment Amount), the Preliminary Purchase Price Statement shall be calculated as if the Fair Market Value of the Company Investment Assets Backing Surplus equals the statutory book value of such assets (as reflected on the Preliminary Balance Sheet). Such resulting amount shall constitute the “Estimated Purchase Price”. At the same time as it delivers the Preliminary Balance Sheet, Seller shall deliver to Buyer a notice (a “Section 9.03(g) Notice”) stating the amount of Seller’s good faith estimate of the Dividend Shortfall, if any, as of the Closing Date and, if such amount exceeds $50,000,000, that either (i) Seller has irrevocably determined not to waive the condition set forth in Section 9.03(g), or (ii) that Seller thereby irrevocably waives the condition set forth in Section 9.03(g). As promptly as practicable, Buyer shall review the Preliminary Purchase Price Statement and the calculations of the Estimated Purchase Price and Seller shall review the Estimated 338(h)(10) Statement and communicate any disagreements or requests for clarification to the other party hereto. If either party disagrees with the Estimated Purchase Price, in whole or in part, Seller and Buyer shall discuss in good faith, with the participation of appropriate personnel, any such disagreement and review each other’s calculations and supporting materials, with a view to...
Preliminary Purchase Price Statement shall have the meaning ascribed to it in Section 3.2.1
Preliminary Purchase Price Statement is defined in Section 1.2 of this Agreement.

Related to Preliminary Purchase Price Statement