Common use of ACCUMULATED ADJUSTMENTS ACCOUNT Clause in Contracts

ACCUMULATED ADJUSTMENTS ACCOUNT. The COMPANY will be permitted to distribute to the STOCKHOLDERS, subsequent to the Balance Sheet Date, any amounts which have accumulated in the COMPANY'S Accumulated Adjustments Account, provided, however, that (i) the maximum amount which can be so distributed is equal to the aggregate cash portion of the purchase price to be paid to the STOCKHOLDERS as indicated in Part A to Annex II, (ii) any amounts so distributed will reduce the aggregate cash portion of the purchase price to be received by the STOCKHOLDERS indicated on Part A to Annex II on a dollar for dollar basis, and (iii) the aggregate indemnification limits will not be altered by any reduction in the total purchase price caused by a distribution of any amounts from the Accumulated Adjustments Account.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Vestcom International Inc), Merger Agreement (Vestcom International Inc), Agreement and Plan of Reorganization (Vestcom International Inc)

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