Bridge Financing Fees. In the event that Purchaser obtains bridge financing directly or indirectly from a non-Affiliated third party in connection with the transactions contemplated hereby, Seller will deduct from the Base Purchase Price at the time of Closing an amount equal to 31.11% of any financing fees paid by Purchaser in connection with such bridge financing; provided, however, that the deduction under this Section 4.12 shall not exceed $4,812,717 in the aggregate.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Pp&l Resources Inc), Asset Purchase Agreement (Puget Sound Energy Inc), Asset Purchase Agreement (Pp&l Inc)
Bridge Financing Fees. In the event that Purchaser obtains bridge financing directly or indirectly from a non-Affiliated third party in connection with the transactions contemplated hereby, Seller will deduct from the Base Purchase Price at the time of Closing an amount equal to 31.1113.01% of any financing fees paid by Purchaser in connection with such bridge financing; provided, however, that the deduction under this Section 4.12 shall not exceed $4,812,717 2,012,647 in the aggregate.
Appears in 1 contract