Common use of DISTRIBUTION OF HOLDBACK Clause in Contracts

DISTRIBUTION OF HOLDBACK. On the 120th day after the Closing Date, Purchaser shall pay to Seller an amount equal to the amount of the Holdback (together with all accrued but undistributed interest thereon), if any, remaining after (i) all amounts owing to Purchaser pursuant to Section 2.3 have been satisfied and (ii) all claims of Purchaser under Section 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount which Purchaser claims, prior to such 90th day, that it is entitled to receive pursuant to Section 2.3 or Section 9.2 (each, a Pending Claim"). As soon as practicable following final resolution of all Pending Claims, Purchaser shall pay to Seller an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th day after the Closing Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback (together with all accrued but undistributed interest thereon)Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.3 2.2 (Purchase Price Adjustment) have been satisfied satisfied, and (ii) all claims of the Purchaser under Section 9.2 8.2 (Indemnification) which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 90th 120th day, that it is entitled to receive indemnification pursuant to Section 2.3 or Section 9.2 8.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to Seller the Sellers an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remains remain after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 180th day after the Closing ------------------------ Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback (together with all accrued but undistributed interest thereon)Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.3 have been satisfied and (ii) all claims of the Purchaser under Section 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser ------------------ claims, prior to such 90th 180th day, that it is entitled to receive indemnification pursuant to Section 2.3 or Section 9.2 (each, a "Pending Claim"). As soon as practicable ------------- following final resolution of all Pending Claims, the Purchaser shall pay to the Seller an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 150th day after the Closing ------------------------ Date, the Purchaser shall pay to Seller a Representative an amount equal to the amount of the Holdback (together with all accrued but undistributed interest thereon)Holdback, if any, remaining after (i) all amounts owing to Purchaser pursuant to Section 2.3 have been satisfied and (ii) all claims of the Purchaser under Section 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior ------------------ to such 90th 150th day, that it is entitled to receive indemnification pursuant to Section 2.3 or Section 9.2 (each, a "Pending Claim"). As soon as practicable following final ------------- resolution of all Pending Claims, the Purchaser shall pay to Seller a Representative an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 130th day after the Closing Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback (together with all accrued but undistributed interest thereon)Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.3 have been satisfied and (ii) all claims of the Purchaser under Section 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 90th 130th day, that it is entitled to receive indemnification pursuant to Section 2.3 or Section 9.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to the Seller an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remains after payment of the Remaining Holdback and final resolution of all Pending Claims.