IPD-GNP Escalation - 2025. If the Closing has not occurred on or before December 31, 2024, the Purchase Price and the Deferred Transaction Fee, as they may have been increased pursuant to Section 2.04(b), shall be increased on January 1, 2025 by the lesser of the associated 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 - 2025. If the Closing has not occurred on or before December 31, 2024, the Base Purchase Price and the Deferred Transaction Fee, as they may have been increased pursuant to Section 2.04(b), shall be increased on January 1, 2025 by the lesser of the associated IPD Increase 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)
