Closing Statement Methodologies definition
Examples of Closing Statement Methodologies in a sentence
The Transaction Consultant shall make a determination with respect to the Unresolved Items only and in a manner consistent with this Section 2.5 and the Closing Statement Methodologies, and in no event shall the Transaction Consultant’s determination of the Unresolved Items be for an amount that is outside the range of Purchaser’s and Seller’s disagreement.
For illustrative purposes only (except with respect to the representation set forth in the last sentence of Section 3.16(a)(i)), attached as Schedule 2.5(a)(iii) hereto is an Estimated Closing Statement as of and for the period ended on December 31, 2012, calculated using the Closing Statement Methodologies (the “Pro Forma Closing Statement”).
The Closing Statement shall be in the format set forth in the Sample Closing Statement and prepared and calculated in accordance with the Closing Statement Methodologies, in each case unless otherwise agreed by Seller and Purchaser.
The net settlement statement component of the Pro Forma Closing Statement consisting of the calculation of the Initial Reinsurance Premium (as defined in the MLOA Reinsurance Agreement) as of December 31, 2012 was prepared in accordance with the Closing Statement Methodologies.
The Post-Closing Statement shall be in the format set forth in the Sample Closing Statement and prepared and calculated in accordance with the Closing Statement Methodologies, in each case unless otherwise agreed by Seller and Purchaser.
The Transaction Consultant shall make a determination with respect to the Unresolved Items only in a manner consistent with this Section 3.1 and the Closing Statement Methodologies, and in no event shall the Transaction Consultant’s determination of the Unresolved Items be for an amount that is outside the range of the Reinsurer’s and the Ceding Company’s disagreement.
The Element Estimated Closing Statement shall be in the format set forth in the Element Sample Closing Statement and prepared and calculated in accordance with the applicable Closing Statement Methodologies.
The Ardagh Estimated Closing Statement shall be in the format set forth in the Ardagh Sample Closing Statement and prepared and calculated in accordance with the applicable Closing Statement Methodologies.
The Seller Closing Statement, and the components thereof, shall be prepared in accordance with the Closing Statement Methodologies and the terms of this Agreement.
The Transaction Consultant shall make a determination with respect to the Unresolved Items only in a manner consistent with this SECTION 3.1 and the Closing Statement Methodologies, and in no event shall the Transaction Consultant's determination of the Unresolved Items be for an amount that is outside the range of the Reinsurer's and the Ceding Company's disagreement.