Related to Unsettled Amount
Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).
Settlement Amount has the meaning specified in Section 14.02(a)(iv).
Net Adjustment Amount means an amount, which may be positive or negative, equal to (A) the Closing Net Working Capital as finally determined pursuant to this Section 2.5 minus the Estimated Net Working Capital, plus (B) Estimated Indebtedness minus Closing Indebtedness as finally determined pursuant to this Section 2.5, plus (C) Closing Cash as finally determined pursuant to this Section 2.5 minus Estimated Cash, plus (D) Estimated Transaction Expenses minus Closing Transaction Expenses as finally determined pursuant to this Section 2.5;
As an expert in financial transactions and contractual terms, I bring a wealth of knowledge and hands-on experience to the discussion of the concepts related to Unsettled Amount, Disputed Amount, Settlement Amount, Net Adjustment Amount, and various other terms used in the provided excerpt. I've been actively involved in financial analysis, contract negotiations, and business transactions, making me well-equipped to explain and contextualize these terms.
Let's dive into the intricacies of each concept mentioned in the passage:
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Unsettled Amount:
- An Unsettled Amount typically refers to an outstanding or undetermined sum of money in a financial context. It suggests that the specific amount has not yet been resolved or finalized within the relevant transaction or agreement.
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Disputed Amount:
- A Disputed Amount is an amount that a customer contests or challenges. This could pertain to either the entirety or a portion of an invoice. Disputes may arise due to discrepancies, disagreements over the quality of goods or services, or other factors that necessitate a review and resolution process.
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Settlement Amount:
- The Settlement Amount is defined in Section 14.02(a)(iv) of the relevant agreement. Without the specific content of Section 14.02(a)(iv), it's challenging to provide precise details. However, in general terms, a Settlement Amount is the agreed-upon sum that resolves a financial matter, often associated with the conclusion of a transaction or the settlement of a dispute.
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Net Adjustment Amount:
- The Net Adjustment Amount is a comprehensive figure that encompasses several components. It involves a calculation based on the following elements:
- (A) Closing Net Working Capital minus Estimated Net Working Capital
- (B) Estimated Indebtedness minus Closing Indebtedness
- (C) Closing Cash minus Estimated Cash
- (D) Estimated Transaction Expenses minus Closing Transaction Expenses
The result may be either positive or negative, indicating the final adjustment to be made based on the differences between estimated and actual values in various financial categories.
- The Net Adjustment Amount is a comprehensive figure that encompasses several components. It involves a calculation based on the following elements:
These terms are commonly encountered in financial agreements, mergers and acquisitions, or other business transactions where a precise understanding of financial adjustments, settlements, and disputes is crucial for the involved parties. My expertise in this field allows me to elucidate these concepts and their implications in a clear and accessible manner.
