Determination Time definition
Examples of Determination Time in a sentence
The statements of (w) Adjusted Net Asset Value as of the Determination Time, (x) Prohibited Leakage, (y) Transaction Expenses unpaid as of immediately prior to the Closing, and (z) Indebtedness as of immediately prior to the Closing and the resulting calculation of the Initial Purchase Price set forth in the Final Closing Date Statement shall be the “Final Closing Amounts” and the “Final Purchase Price”, respectively, for all purposes hereunder.
The determination of the amount of Final Net Cash made by the Accounting Firm shall be made in writing delivered to each of Parent and the Representative, shall be final and binding on Parent and the Representative and shall (absent manifest error) be deemed to have been finally determined for purposes of this Agreement and to represent the Final Net Cash at the Final Net Cash Determination Time for purposes of this Agreement.
The Final Net Cash Calculations shall include Parent’s determination, as of the Final Net Cash Determination Time, of the Cash Amount and each component thereof.