Common use of Interest on Retention Clause in Contracts

Interest on Retention. Interest earned on the Retention shall not form part of the Retention, and shall be accrued and returned to the Sellers on a quarterly basis, less 50% of any costs associated with the operation of the Retention.

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Watson Pharmaceuticals Inc), Stock Purchase Agreement (Watson Pharmaceuticals Inc)

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