Common use of Adjustment Procedure Clause in Contracts

Adjustment Procedure. Purchaser must first seek payment of the Adjustment Amount pursuant to the right of set-off under the Option Agreement and thereafter severally and directly from Sellers. Such payment from Sellers, if any, will be made within five business days after the final determination of the number of Option Shares (as defined in the Option Agreement) that vest pursuant to Section 2.4 of the Option Agreement.

Adjustment Procedure. Purchaser must first seek payment of the Adjustment Amount from the Closing Cash Payment, thereafter pursuant to the right of set-off under the Option Agreement and thereafter severally and directly from SellersSeller. Such payment from SellersSeller, if any, will be made within five business days after the final determination of the number of Option Shares (as defined in the Option Agreement) that vest pursuant to Section 2.4 of the Option Agreement.