Closing Allocation Schedule definition
Examples of Closing Allocation Schedule in a sentence
The Purchaser shall initially propose the content of the Closing Allocation Schedule and if the Purchaser does so, such proposal shall be subject to the Seller’s review and reasonable objection, to be resolved by good-faith negotiations between the Purchaser and the Seller.
The Seller Parties shall cause the First Closing Allocation Schedule to be delivered to Buyer no later than five (5) Business Days prior to the First Closing Date.
Simultaneously with the First Closing (and following the satisfaction or waiver of the conditions set forth in Article VII and Article VIII), the Company shall transfer the Deposit to the Selling Shareholders and the Option Holders Representative in accordance with the First Closing Allocation Schedule.
Within such 90 days, Investor shall prepare and deliver to ITW its proposed amendments to the Closing Allocation Schedule setting forth a proposed final allocation among the Acquired Assets by country (the “Final Allocation Schedule”).
The Closing Allocation Schedule also shall set forth each Company Holder’s Pro Rata Portion and each such Company Holder’s allocation (expressed as a dollar amount) of each of the Escrow Account, Stockholder Representative Fund.
The Closing Allocation Schedule shall set forth with respect to each “covered security” (as defined in Section 6045 of the Code), the acquisition date and tax basis of such security.
The Closing Allocation Schedule shall be subject to amendment as set forth in clause (2) of this Section 1.5(i).
The Sellers’ Representative shall deliver the First Closing Allocation Schedule to the Buyer on or immediately prior to the First Closing Date.
The Remaining Share Consideration (if any) shall be issued, to the Selling Shareholders as set forth opposite their respective names in the Earnout Closing Allocation Schedule to be delivered by the Sellers’ Representative to the Buyer five (5) Business Days before the Earnout Closing Date.
Upon the resolution of any Pending Claim, Parent shall pay the then remaining balance of the Holdback Amount (less an amount equal to Parent’s good faith, reasonable estimation of incurred or potential Losses with respect to all then outstanding Pending Claims) to the Paying Agent for payment to the Company Holders in accordance with the Closing Allocation Schedule.