Common use of Adjustment of the Base Purchase Price Clause in Contracts

Adjustment of the Base Purchase Price. The Base Purchase Price shall be adjusted as follows: The Purchase Price shall be an amount equal to (a) the Base Purchase Price plus (b) the amount (positive or negative) of (i) the Closing Working Capital minus (ii) $3,500,000 (three million five hundred thousand dollars) minus (c) the amount of the Closing Long Term Liabilities minus (d) the EBITDA Subscriber Amount, if any.

Appears in 1 contract

Sources: Stock Purchase Agreement (Verizon Wireless Inc)

Adjustment of the Base Purchase Price. The Base Purchase Price shall be adjusted as follows: The Purchase Price shall be an amount equal to (a) the Base Purchase Price plus (b) the amount (positive or negative) of (i) the Closing Working Capital minus (ii) $3,500,000 6,500,000 (three six million five hundred thousand dollars) minus (c) the amount of the Closing Long Term Liabilities minus (d) the EBITDA Subscriber Amount, if any, minus (e) the adjustment set forth on Schedule 2.2, if any (the "Schedule 2.2 Adjustment").

Appears in 1 contract

Sources: Stock Purchase Agreement (Verizon Wireless Inc)