Common use of Delayed Adjustment Clause in Contracts

Delayed Adjustment. If at any time following the Closing Date, the amount of an item listed in any section of this Article 5 shall prove to be incorrect (whether as a result in an error in calculation or a lack of complete and accurate information as of the Closing), the party in whose favor the error was made shall promptly pay to the other party the sum necessary to correct such error upon receipt of proof of such error, provided that such proof is delivered to the party from whom payment is requested on or before eighteen (18) months after Closing.

Delayed Adjustment. If at any time following the Closing Date, the amount of an item listed in any section of this Article 5 shall prove to be incorrect (whether as a result in of an error in calculation or a lack of complete and accurate information as of the Closing), the party in whose favor the error was made shall promptly pay to the other party the sum necessary to correct such error upon receipt of proof of such error, provided that such proof is delivered to the party from whom payment is requested on or before eighteen one hundred twenty (18120) months days after Closing, or in accordance with Section 9.3.3 as to the matters discussed in 9.3.

Delayed Adjustment. If at any time following the Closing Date, the amount of an item listed in any section of this Article ARTICLE 5 shall prove to be incorrect (whether as a result in an error in calculation or a lack of complete and accurate information as of the Closing)incorrect, the party in whose favor the error was made shall promptly pay to the other party the sum necessary to correct such error upon receipt of proof of such error, provided that such proof is delivered to the party from whom payment is requested on or before eighteen six (186) months after Closing. The provisions of this SECTION 5.6 shall survive the Closing.