Common use of Effect of Deficiency/Excess Clause in Contracts

Effect of Deficiency/Excess. The Purchase Price shall be reduced dollar-for-dollar by the amount of the Deficiency, if any, or increased dollar-for-dollar by the amount of the Excess, if any, with payment in respect of any such adjustment of the Purchase Price to be made by the applicable party in accordance with Sections 2.02(e) and (f) below.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Primedia Inc), Asset Purchase Agreement (Trinity Learning Corp), Asset Purchase Agreement (Trinity Learning Corp)

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Effect of Deficiency/Excess. The Purchase Price shall be reduced dollar-for-dollar by the amount of the DeficiencyDeficiency (not to exceed $441,000), if any, or increased dollar-for-dollar by the amount of the ExcessExcess (not to exceed $441,000), if any, with payment in respect of any such adjustment of the Purchase Price to be made by the applicable party in accordance with Sections 2.02(e) and (f) below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Primedia Inc)

Effect of Deficiency/Excess. The Purchase Price purchase price shall be reduced dollar-for-dollar by the amount of the Deficiency, if any, or increased dollar-for-dollar by the amount of the Excess, if any, with payment in respect of any such adjustment of the Purchase Price to be made by the applicable party in accordance with Sections 2.02(e) and (f) below.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bisys Group Inc)

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Effect of Deficiency/Excess. The Purchase Price shall be reduced dollar-for-dollar by the amount of the Deficiency, if any, or increased dollar-for-dollar by the amount of the Excess, if any, with payment in respect of any such adjustment of the Purchase Price to be made by the applicable party in accordance with Sections 2.02(e) and (f) below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Primedia Inc)

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