Common use of Endowment Care Trust Adjustment Clause in Contracts

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,000, then, subject to Section 1.5(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,000, then, subject to Section 1.5(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Stonemor Partners Lp)

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Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,0009,266,000, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be decreased by, and Seller SCI shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,0009,266,000, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be increased by, and Buyer shall pay to SellerSCI, the Net Endowment Care Adjustment Amount.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Stonemor Partners Lp)

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,000751,247, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,000751,247, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Stonemor Partners Lp)

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,000735,546, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,000735,546, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Stonemor Partners Lp)

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,00010,862,056, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be decreased by, and Seller SCI shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,00010,862,056, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be increased by, and Buyer shall pay to SellerSCI, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Stonemor Partners Lp)

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Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,00012,923,928, then, subject to Section 1.5(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,00012,923,928, then, subject to Section 1.5(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Sale Agreement (Stonemor Partners Lp)

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,000$2,426,511, then, subject to Section 1.5(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,000$2,426,511, then, subject to Section 1.5(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Sale Agreement (Stonemor Partners Lp)

Endowment Care Trust Adjustment. If the Transferred Endowment Care Trust Amount is less than $43,557,00014,266,338, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount. If the Transferred Endowment Care Trust Amount is greater than $43,557,00014,266,338, then, subject to Section 1.5(e1.6(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Stonemor Partners Lp)

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