Common use of Local Payments Clause in Contracts

Local Payments. The Purchaser shall procure that each relevant Designated Purchaser set out in column 2 of the table in Part 1 of Schedule 28 shall, subject to the terms of the relevant Local Transfer Document (and, for the avoidance of doubt, in partial satisfaction of the amounts payable under Clause 3.1.1), pay to the relevant Business Seller the amount set out against its name in column 4 (each a “Local Payment Amount”) converted into the relevant currency set out in the relevant Local Transfer Document as at the Closing Date, on:

Local Payments. The Purchaser shall procure that each relevant Designated Purchaser set out in column 2 of the table in Part 1 A of Schedule 28 26 shall, subject to the terms of the relevant Local Transfer Document Agreement (and, for the avoidance of doubt, in partial satisfaction of the amounts payable under Clause 3.1.1), Purchase Price) pay to the relevant Share Seller or Business Seller set out in column 3 the amount set out against its name in column 4 (each a “Local Payment Amount”) converted into the relevant currency set out in the relevant Local Transfer Document as at the Closing Date, on: