Payment by the Seller. 13.6.1 If the Seller has accepted the amount claimed by the Purchaser or if the Seller and the Purchaser have agreed on another amount, the Seller shall pay such amount (subject to the limitations set out in Clause 12) within fifteen (15) Business Days of such acceptance or agreement. 13.6.2 If the matter giving rise to a Claim has been decided by any competent court or tribunal in accordance with Clause 16.12 (Jurisdiction) and the Seller has been ordered to pay any amount pursuant to any judgement not subject to appeal, the Seller shall pay such amount on the date on which it has become due and payable. 13.6.3 All payments shall be made in accordance with such instructions as shall be notified to the Seller by the Purchaser.
Appears in 4 contracts
Samples: Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV)
Payment by the Seller. 13.6.1 10.3.1 If the Seller has accepted the amount claimed by the Purchaser or if the Seller and the Purchaser have agreed on another amount, the Seller shall pay such amount within 15 (subject to the limitations set out in Clause 12fifteen) within fifteen (15) Business Days calendar days of such acceptance or agreement.
13.6.2 10.3.2 If the matter giving rise to a Claim has been decided by any the competent court or tribunal in accordance with Clause 16.12 (Jurisdiction) and the Seller has been ordered to pay any amount pursuant to any judgement not subject to appealenforceable judgement, the Seller shall pay such amount on the date on which it within fifteen calendar days after such judgement has become due and payableres judicata.
13.6.3 10.3.3 All payments shall be made in accordance with such instructions as shall be notified by the Purchaser to the Seller by the PurchaserSeller.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc), Asset Purchase Agreement (Crailar Technologies Inc)