IPD-GNP Escalation - 2024. If the Closing has not occurred on or before December 31, 2023, the Purchase Price and the Deferred Transaction Fee shall be increased on January 1, 2024 by the lesser of the year-over-year percentage increase in IPD-GNP (an "IPD Increase") or one and one-half percent (1.5%) except that:
Appears in 3 contracts
Samples: Asset Purchase and Sale Agreement (Norfolk Southern Corp), Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement
IPD-GNP Escalation - 2024. If the Closing has not occurred on or before December 31, 2023, the Base Purchase Price and the Deferred Transaction Fee shall be increased on January 1, 2024 by the lesser of the year-over-year percentage increase in IPD-GNP (an "βIPD Increase"β) or one and one-half percent (1.5%) except that:
Appears in 2 contracts
Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Norfolk Southern Corp)
