Final Settlement and Adjustment to Purchase Price; Payment. (i) (1) If the Adjustment Amount set forth on the Final Adjustment Certificate is a positive amount, then the Final Purchase Price shall equal the Preliminary Purchase Price increased by an amount equal to the Adjustment Amount set forth on the Final Adjustment Certificate (a “Shortfall Payment”), and (2) if the Adjustment Amount set forth on the Final Adjustment Certificate is a negative amount, then the Final Purchase Price shall equal the Preliminary Purchase Price decreased by an amount equal to the absolute value of the Adjustment Amount set forth on the Final Adjustment Certificate (an “Excess Payment”).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Sempra Energy), Purchase and Sale Agreement (Sempra Energy)
Final Settlement and Adjustment to Purchase Price; Payment. (i) (1x) If the Adjustment Amount set forth on the Final Adjustment Certificate is a positive amount, then the Final Purchase Price shall equal the Preliminary Purchase Price increased decreased by an amount equal to the Adjustment Amount set forth on the Final Adjustment Certificate (a an “Shortfall Excess Payment”), ) and (2y) if the Adjustment Amount set forth on the Final Adjustment Certificate is a negative amountnumber, then the Final Purchase Price shall equal the Preliminary Purchase Price decreased increased by an amount equal to the absolute value of the Adjustment Amount set forth on the Final Adjustment Certificate (an a “Excess Shortfall Payment”).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Sempra Energy), Purchase and Sale Agreement (Consolidated Edison Co of New York Inc)