Examples of Second Closing Payment in a sentence
Any joint written instructions to be delivered to the Escrow Agent pursuant to this Section 2.3(a) shall be delivered promptly, but in no event later than five (5) calendar days following the date on which the First Calculation of the Initial Closing Payment or Final Calculation of the Second Closing Payment, as applicable, becomes binding pursuant to Section 2.2.
The “Final Calculation of the Second Closing Payment” shall mean the recalculation of the Second Closing Payment using the Second Closing Statement proposed by the Buyer Parties under Section 2.2(b); provided, that if any of the amounts on such Second Closing Statement are objected to by the Equityholder Representative pursuant to Section 2.2(e), the final determination of such amounts in accordance with thisSection 2.2 shall be used in the Final Calculation of the Second Closing Payment.