Statement of Adjustments definition

Statement of Adjustments means the statement of adjustments to be delivered by Primero to XxXxxx in accordance with Section 2.9(b);
Statement of Adjustments has the meaning set forth in subsection 3.3(c);

Examples of Statement of Adjustments in a sentence

  • The Purchaser agrees to pay all relevant taxes in connection with the subject purchase transaction which shall be in addition to the purchase price and may be included on the Statement of Adjustments.

  • If for any reason payment for the NSF fee(s) is not received, the NSF fee(s) shall bear interest from the date of the NSF cheque at the rate of 24% per annum, calculated and compounded daily, until paid in full provided that if such outstanding amounts or any part thereof remains outstanding at closing, such amount together with interest calculated and compounded as aforesaid shall be credited to the Vendor on the Statement of Adjustments.

  • This Statement of Adjustments accounts for outstanding occupancy fees, realty taxes, warranty fees etc.

  • Credits must be adjusted between vendors and purchasers on the Statement of Adjustments.

  • Attach a copy of your Statement of Adjustments (or invoice in the case of amobile home).


More Definitions of Statement of Adjustments

Statement of Adjustments means a statement setting out the Closing Adjustments, approved by both parties, acting reasonably.
Statement of Adjustments has the meaning specified in Section 2.13(2).
Statement of Adjustments means the statement to be prepared by the Vendor setting out the Adjustments and to be delivered as contemplated by Section 3.2.1(h);
Statement of Adjustments means collectively the Closing Date Financial Statements and the Statement of Closing Working Capital;
Statement of Adjustments is the statement set out as Schedule "K" to the letter agreement;
Statement of Adjustments shall have the meaning given in subsection 2.5(b);
Statement of Adjustments means a schedule setting forth the Closing Working Capital and Closing Cash, in all cases prepared in accordance with the Accounting Standards, except as specifically adjusted for in the sample calculation of Closing Working Capital as set forth in Exhibit E and the Buyer’s calculation of the final Purchase Price.