Common use of Contractual Overpayments Clause in Contracts

Contractual Overpayments. If at any time in the one-year period following the Effective Time, the Buyer or any of its Affiliates receives a refund amount or a reduction in an amount payable from a vendor that relates to a contractual overpayment under any of the Assigned Contracts, Store Leases or Ground Leases by the Sellers or their Affiliates prior to the Effective Time, the Buyer shall promptly pay to New Diamond an amount equal to the amount of such refund or reduction.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Supervalu Inc), Asset Purchase Agreement (Albertsons Inc /De/)

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