Common use of Subscriber Adjustment Clause in Contracts

Subscriber Adjustment. Target shall prepare and deliver to Parent and Sub not later than ten days before the Closing Date a preliminary settlement statement (the "Preliminary Settlement Statement") which shall set forth Target's good faith estimate of Equivalent Basic Subscribers as of Closing and any adjustments to the Preliminary Merger Consideration under Section 1.02(b)(i). The Preliminary Settlement Statement shall contain all information reasonably necessary to determine the adjustments to the Preliminary Merger Consideration under Section 1.02(b)(i), to the extent such adjustments can be determined or estimated as of the date of the Preliminary Settlement Statement, and such other information as may be reasonably requested by Parent and Sub.