Examples of Retained Cash Balances in a sentence
The Purchase Price payable at Closing shall be calculated in accordance with Section 1.2 as if Seller’s estimate of Retained Cash Balances, Company Indebtedness, and Transaction Costs set forth in the Estimated Closing Statement was the actual amount of Retained Cash Balances, Company Indebtedness, and Transaction Costs.
The aggregate consideration for the Shares (inclusive of the Adjustment Escrow Deposit, the Indemnity Escrow Deposit, and the LTIP Amount) shall be U.S.$1,200,000,000, (a) increased by Retained Cash Balances, (b) decreased by the amount of the Company Indebtedness, if any, and (c) decreased by the amount of Transaction Costs (the “Base Purchase Price”).
Seller and Buyer agree that that the procedure set forth in this Section 1.5 for resolving disputes with respect to Closing Working Capital, Retained Cash Balances, Company Indebtedness, and Transaction Costs shall be the sole and exclusive method for resolving such disputes, provided that the parties agree that judgment may be entered upon the determination of the Selected Accountant in any court having jurisdiction over the party against which such determination is to be enforced.