Adjustment Down Amount
Adjustment Down Amount. Means the sum total amount of all of the following as of the Closing Date: (a) the Company's accounts payable or unpaid ordinary operating expenses of the Company to the extent properly attributable in accordance with GAAP to periods of time prior to the Closing Date, as set forth on the Adjustment Statement; and (b) revenues received by the Company prior to the Closing Date that relate to the LA Assets, but only to the extent such revenues are properly attributable in accordance with GAAP to...
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Found in
Live Nation Entertainment contract