Final Calculation definition

Final Calculation has the meaning set forth in Section 3.2(d).

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Final Calculation. Section 2.18(a)

Final Calculation has the meaning set forth in Section 9(b)(i) below.

Examples of Final Calculation in a sentence

The Final Calculation may include estimates of amounts in the circumstances described in subsection (d)(5).
Any Original Participating Manufacturer, Subsequent Participating Manufacturer or Settling State (except the entity that withheld the information) may dispute such estimate employed by the Independent Auditor in its Preliminary Calculation in the manner prescribed in subsection (d)(3) or such estimate employed by the Independent Auditor in its Final Calculation in the manner prescribed in subsection (d)(6).
If the missing information becomes available to the Independent Auditor prior to the Payment Due Date, the Independent Auditor shall promptly revise its Preliminary Calculation or Final Calculation (whichever is applicable) and shall promptly provide the revised calculation to each Notice Party, showing the newly available information.
Unless otherwise agreed by the parties in writing, the Final Calculation shall not bar either party from providing information reflecting that the Final Calculation should be adjusted, which adjustments may be requested by either party no later than one year following the end of the applicable contract calendar year.
Any Original Participating Manufacturer, Subsequent Participating Manufacturer or Settling State may dispute any such assumption employed by the Independent Auditor in its Preliminary Calculation in the manner prescribed in subsection (d)(3) or any such assumption employed by the Independent Auditor in its Final Calculation in the manner prescribed in subsection (d)(6).

More Definitions of Final Calculation

Final Calculation means, as applicable, (x) a definitive written agreement between the Parties on any amount within the Negotiation Period, (y) the Closing Aggregate Severance Amount or any item of the Estimated Closing Working Capital, if a Payment Dispute Notice is not timely delivered with respect thereto or (z) the Independent Calculation. After receipt of the Final Calculation by the Parties:

Final Calculation means the Calculation as revised by the Parties and/or determined by the Independent Accountants, the term “Final Closing Date Balance Sheet” means the Closing Date Balance Sheet, together with any revisions agreed to by the Parties pursuant to Sections 2.4(c) or 2.4(d) and/or as determined by the Independent Accountants pursuant to Section 2.4(e), the term “Final Closing Date Cash” means the combined total Cash of all of the Companies immediately prior to the Effective Time of Closing as set forth on the Final Closing Date Balance Sheet and the term “Final Closing Date Working Capital” means the total Working Capital of the Companies immediately prior to the Effective Time as set forth on the Final Closing Date Balance Sheet.

Final Calculation means the Fiscal Year-End Book Value as finally determined pursuant to Section 2.3(c) or (d), as applicable. “Funding Programs” means the Company’s variable funding note program and the Company’s asset-backed securitization program, in each case pursuant to the Master Indenture, dated as of June 28, 2002, as supplemented, by and between Flatiron IPF Trust and Bank One, National Association, as Indenture Trustee and the ancillary securitization documents relating thereto. “GAAP” means U.S. generally accepted accounting principles. “Hazardous Material” means any material or substance (A) listed, defined, designated or regulated pursuant to any applicable Environmental Law, including, without limitation, petroleum products and byproducts, asbestos and polychlorinated biphenyls, (B) requiring investigation or remedial action under any Environmental Law, or (C) any toxic mold or fungi. 3

Final Calculation shall have the meaning set forth in Section 2.8(c) of this Agreement.

Final Calculation means Net Uncollected AR minus the Reserve, where: Net Uncollected AR = Uncollected AR (defined below) less the amount of AP outstanding as of the first anniversary of the Closing (to the extent these AP amounts have corresponding accounts receivable within the Uncollected AR).

Final Calculation means the definitive Calculation, in each case deemed to be accepted and agreed by the Sellers or agreed to by Russell-Stanley and the Sellers' Representative in accordance with Se▇▇▇▇▇ ▇.▇(▇) ▇▇ the definitive Closing Date Statements or the definitive Calculation resulting from the determinations made by the Neutral Auditor in accordance with Section 1.4(d) (in addition to those items theretofore agreed to by the Sellers' Representative and Russell-Stanley).

Final Calculation has the meaning set forth in Section 2.25(a).

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