Computed Amount definition
Examples of Computed Amount in a sentence
During such twenty (20) day period, the Company shall be permitted to review the working papers of Boyd ▇▇▇iana and its auditors relating to Buyer's Computed Amount Statement.
In the Accountant's Report, the Accountant may only choose between the alternative Computed Amounts proposed by the Sellers and the Buyer and may not substitute a Computed Amount other than one proposed by the Sellers or the Buyer.
As soon as practicable after the end of each Earnout Measurement Period, and in any event prior to ninety (90) days after the end of each Earnout Measurement Period, Buyer will cause to be prepared in writing and delivered to Seller (i) the Consolidated Income Statement for such Earnout Measurement Period and (ii) a statement (the “Earnout Statement”) setting forth each Computed Amount for such Earnout Measurement Period.
As soon as practicable after the end of each Earnout Measurement Period, and in any event prior to ninety (90) days after the end of each Earnout Measurement Period, Buyer will cause to be prepared in writing and delivered to Seller (i) the Consolidated Income Statement for such Earnout Measurement Period and (ii) a statement (the "Earnout Statement") setting forth each Computed Amount for such Earnout Measurement Period.
Within twenty (20) days following the delivery of Buyer's Computed Amount Statement, the Company may deliver to Boyd ▇▇▇iana a written statement (the "Company's Computed Amount Statement") setting forth with reasonable specificity any disagreement with Buyer's Computed Amount Statement.
If the total amount of Non-Competition Payments paid to the Executive as described in Section 4 below, do not exceed the following MIP computation (“Computed Amount”), then Executive shall be paid the difference up to, but not exceeding the Computed Amount.
Computed Amount shall be determined as follows: 50% of the MIP award the Executive would have received for FY 05 had he been employed with the Company on October 31, 2005, reduced by $155,833.34.
As soon as practicable after the end of each Annual Earn Out Period, and in any event prior to sixty (60) days after the end of each Annual Earn Out Period, Buyer shall prepare and deliver to the Auditor a written statement (the “Annual Earn Out Calculation Statement”) setting forth (A) the Consolidated Income Statement for such Annual Earn Out Period and (B) the calculation (in each case, an “Earn Out Calculation”) of each Computed Amount for such Annual Earn Out Period.