Common use of Closing Adjustment Amount Clause in Contracts

Closing Adjustment Amount. If the net amount payable pursuant to Section 2.1(e)(ii) in respect of any Exchange is payable to any TWC Transferor or TWC Transferee, the relevant Comcast Transferor or Comcast Transferee, as the case may be, shall make such payment by wire transfer of immediately available funds to the account designated by the relevant TWC Transferor or TWC Transferee.

Appears in 3 contracts

Samples: Exchange Agreement, Exchange Agreement (Comcast Corp), Exchange Agreement (Time Warner Inc)

AutoNDA by SimpleDocs

Closing Adjustment Amount. If the net amount payable pursuant to Section 2.1(e)(ii) and Section 2.1(e)(iii)(B), if applicable, in respect of any Exchange is payable to any Comcast Transferor or Comcast Transferee, the relevant TWC Transferor or TWC Transferee, the relevant Comcast Transferor or Comcast Transferee, as the case may be, shall make such payment by wire transfer of immediately available funds to the account designated by the relevant TWC Comcast Transferor or TWC Comcast Transferee.

Appears in 2 contracts

Samples: Exchange Agreement (Comcast Corp), Exchange Agreement (Time Warner Inc)

Closing Adjustment Amount. If the net amount payable pursuant to Section 2.1(e)(ii) [and Section 2.1(e)(iii)(B), if applicable, ]in respect of any Exchange is payable to any TWC Transferor Comcast Transferor(s) or TWC TransfereeComcast Transferee(s), the relevant Comcast Transferor TWC Transferor(s) or Comcast TransfereeTWC Transferee(s), as the case may be, shall make such payment by wire transfer of immediately available funds to the account designated by the relevant TWC Transferor Comcast Transferor(s) or TWC TransfereeComcast Transferee(s).

Appears in 1 contract

Samples: Amendment Number 1 (Time Warner Inc)

AutoNDA by SimpleDocs

Closing Adjustment Amount. If the net amount payable pursuant to Section 2.1(e)(ii) in respect of any Exchange is payable to any TWC Transferor Transferor(s) or TWC TransfereeTransferee(s), the relevant Comcast Transferor Transferor(s) or Comcast TransfereeTransferee(s), as the case may be, shall make such payment by wire transfer of immediately available funds to the account designated by the relevant TWC Transferor Transferor(s) or TWC TransfereeTransferee(s).

Appears in 1 contract

Samples: Amendment Number 1 (Time Warner Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!