Decrease in Purchase Price. If the Purchase Price Adjustment reflects a net decrease in the Purchase Price in excess of One Hundred Thousand Dollars ($100,000), the Company shall pay to UOP by bank wire transfer in immediately available Federal funds to an account designated in writing by UOP the sum of: (i) the Purchase Price Adjustment; and (ii) interest on the Purchase Price Adjustment computed at a rate compounded per annum equal to the prime commercial lending rate of Morgxx Xxxranty Trust Company of New York in effect on the Closing Date from the Closing Date to the date of settlement.
Decrease in Purchase Price. 5 2.4.2 POST-CLOSING ADJUSTMENT........................................................................5 -----------------------
Decrease in Purchase Price. In the event that Estimated Working Capital is less than Target Working Capital (the "WORKING CAPITAL SHORTFALL"), at Closing the ZAI*NET Cash Amount shall be reduced by the result of multiplying (i) the amount by which Target Working Capital exceeds Estimated Working Capital by (ii) 0.71.
Decrease in Purchase Price. The Purchase Price (as defined in Section 1.4 of the Agreement) is hereby amended to be Five Million Nine Hundred Thousand and No/100 Dollars ($5,900,000.00).
Decrease in Purchase Price. If Issuer determines to decrease the Purchase Price after December 19, 2003, Issuer shall promptly give written notice to the Escrow Agent of such decrease in the Purchase Price, and, no later than ten (10) business days after the public announcement by Issuer of such decrease in the Purchase Price, Escrow Agent shall return to each Subscriber who submitted Subscription Funds based on the Purchase Price prior to such decrease and which Subscription Funds were deposited into and remain in the Escrow Account, by check and by first class mail, that portion of the Escrow Funds equal to the amount of the Subscription Funds paid by such Subscriber and deposited into the Escrow Account, plus interest and other income earned thereon.
Decrease in Purchase Price. If there is a decrease in the Purchase -------------------------- Price based upon the adjustment set forth in Section 4.5 hereof then the Seller pay to the Buyer the amount of the Working Capital Adjustment on or before ten (10) business days after the expiration of the Review Period, unless Seller objects to the Closing Balance Sheet in accordance with Section 4.6.
Decrease in Purchase Price. In the event that the 1997 EBIT is less than $1,885,750, then the Purchase Price shall be decreased by an amount (the "Reduction Amount") equal to the product of (a) seven and (b) the excess of $1,985,000 over the 1997 EBIT. The Purchase Price shall be reduced by the Reduction Amount as follows: (I) the cash payable pursuant to Section 1.5(a) hereof shall be reduced by 60% of the Reduction Amount, (II) the value of the AmeriPath Shares to be delivered by Purchaser pursuant to Section 1.5(b) hereof shall be reduced by 20% of the Reduction Amount and (III) the amounts payable under the Contingent Note to be delivered pursuant to Section 1.5(c) hereof shall be reduced by 20% of the Reduction Amount. In addition, EBIT Targets shall be restated by multiplying them by a fraction, the numerator of which is the 1997 EBIT and the denominator of which is $1,985,000.
Decrease in Purchase Price. Notwithstanding anything to the contrary in the Purchase Agreement (including, without limitation, Section 3.1 thereof), the Purchase Price shall be, and hereby is, decreased from Three Hundred Twenty-Million and 00/100 Dollars ($320,000,000.00) to Three Hundred Eleven Million and 00/100 Dollars ($311,000,000.00).
Decrease in Purchase Price. If the Actual Closing Date Net Working Capital is less than the Target Net Working Capital, then the Purchase Price shall be decreased by the dollar amount that the Target Net Working Capital exceeds the Actual Closing Date Net Working Capital (the “Reduction Amount”).
Decrease in Purchase Price
