Allocation of Adjustments. If an amount is charged to the Vendor Account under clause 7, it shall be treated as a negative adjustment to the Purchase Price and if an amount is charged to the Purchaser Account under clause 7, it shall be treated as a positive adjustment to the Purchase Price. Such amounts shall be paid by the relevant party in accordance with clause 7.3.
Appears in 2 contracts
Samples: Pacific Asia Petroleum Inc, Pacific Asia Petroleum Inc
Allocation of Adjustments. If an amount is charged to the Vendor Account under clause 77.1, it shall be treated as a negative adjustment to the Purchase Price and if an amount is charged to the Purchaser Account under clause 77.1, it shall be treated as a Asset Transfer Agreement positive adjustment to the Purchase Price. Such amounts shall be paid by the relevant party in accordance with clause 7.37.2.
Appears in 2 contracts
Samples: www.sec.gov, Pacific Asia Petroleum Inc
Allocation of Adjustments. If an amount is charged to the Vendor Account under clause 77.1, it shall be treated as a negative adjustment to the Purchase Price and if an amount is charged to the Purchaser Account under clause 77.1, it shall be treated as a positive adjustment to the Purchase Price. Such amounts shall be paid by the relevant party in accordance with clause 7.37.2.
Appears in 1 contract
Samples: Joint Operating Agreement (Pacific Asia Petroleum Inc)
Allocation of Adjustments. If an amount is charged to the Vendor Account under clause 7, it shall be treated as a negative adjustment to the Purchase Price and if an amount is charged to the Purchaser Account under clause 7, it shall be treated as a Asset Transfer Agreement positive adjustment to the Purchase Price. Such amounts shall be paid by the relevant party in accordance with clause 7.3.
Appears in 1 contract
Samples: BHPB Farmout Agreement (Pacific Asia Petroleum Inc)
