Statement of Adjustments definition

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 a statement of the adjustments to and the manner of payment of the purchase price, as prescribed by the Agreement;

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.

• It shall be the Buyer's responsibility to prepare the documents necessary to complete this transaction and the Buyer shall deliver to the Seller a Transfer in registrable form and a Statement of Adjustments at least 3 days prior to the Completion Date.

• Such status certificate shall be at the purchaser's costs and will be adjusted for in the Statement of Adjustments as a credit to the Vendor or the Vendor's solicitors in the amount of $100.00.

• The Purchaser agrees to provide a copy of all authority certificates including Council, Water, Land Tax and Owners Corporation (if applicable) obtained by them to complete any Statement of Adjustments to the Vendor’s representative.

More Definitions of Statement of Adjustments

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 assigned in Section 3.3;

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 has the meaning ascribed thereto in Subsection 3.3.2.

Statement of Adjustments shall have the meaning set forth in Section 2.4(b)(vi) hereof.

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.

Statement of Adjustments shall have the meaning given in subsection 2.5(b);