Contractual Overpayments. For a period of one (1) year period following the Closing Date, if Purchaser 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 with respect to any of the Assumed Liabilities and/or Acquired Contracts prior to the Closing Date, Purchaser shall promptly pay to Seller any refund or reduction within thirty (30) days of Purchaser’s receipt of such contractual overpayments.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Apollo Medical Holdings, Inc.), Stock Purchase Agreement (Apollo Medical Holdings, Inc.)
Contractual Overpayments. For a period of one (1) If, at any time in the two-year period following the Closing DateClosing, if Purchaser or any of its affiliates Affiliates receives a refund amount or a reduction in an amount payable from a vendor that relates to a contractual overpayment with respect to under any of the Assumed Liabilities and/or Acquired Assigned Contracts by Seller or its Affiliates prior to the Closing DateClosing, Purchaser shall promptly pay to Seller any an amount equal to the amount of such refund or reduction within thirty (30) days of Purchaser’s receipt of such contractual overpaymentsreduction.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Stoneridge Inc), Purchase Agreement (National City Corp)
