Common use of Payment in Accordance with Determination Clause in Contracts

Payment in Accordance with Determination. Within 5 days after resolution, by agreement of the Parties, of the dispute which was the subject of the Objection Notice or, failing such resolution, within 5 days after the final determination of the arbitration, the Vendor or the Purchaser, as the case may be, shall pay to the other by wire transfer of immediately available funds, certified cheque or bank draft the amount by which the Shareholder Advances Price is to be adjusted as a result of such resolution or final determination.

Appears in 1 contract

Samples: Share Purchase Agreement (Noble International LTD)

AutoNDA by SimpleDocs

Payment in Accordance with Determination. Within 5 days after resolution, by agreement of the Parties, of the dispute which was the subject of the Objection Notice or, failing such resolution, within 5 days after the final determination of the arbitrationarbitrator, the Vendor or the Purchaser, as the case may be, shall pay to the other by wire transfer of immediately available funds, certified cheque or bank draft the amount by which the Shareholder Advances Share Purchase Price is to be adjusted as a result of such resolution or final determinationdetermination in the manner contemplated by Section 3.4.

Appears in 1 contract

Samples: Share Purchase Agreement (Canwest Media Inc)

Payment in Accordance with Determination. Within 5 five days after resolution, by agreement of the Partiesparties, of the dispute which was the subject of the Objection Notice or, failing such resolution, within 5 five days after the final determination of the arbitration, the Vendor Seller or the Purchaser, as the case may be, shall pay to the other by wire transfer of immediately available fundstransfer, certified cheque or bank draft the amount by which the Shareholder Advances Purchase Price is to be adjusted as a result of such resolution or final determination.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imo Industries Inc)

AutoNDA by SimpleDocs

Payment in Accordance with Determination. Within 5 five (5) days after resolution, by agreement of the Parties, of the dispute which was the subject of the Objection Notice or, failing such resolution, within 5 five (5) days after the final determination of the arbitrationarbitrator, the Vendor or the Purchaser, as the case may be, shall pay to the other by wire transfer of immediately available funds, certified cheque or bank draft the amount by which the Shareholder Advances Purchase Price is to be adjusted as a result of such resolution or final determinationdetermination in the manner contemplated by Section 3.3.

Appears in 1 contract

Samples: Share Purchase Agreement (Canwest Media Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!