Payment of Adjustment. If the Closing Net Asset Value as of the Adjustment Time, as finally determined pursuant to Section 5.02(a) above and Section 5.03 below, exceeds the Reference Net Asset Value, then Buyer shall pay to the Sellers the difference between the two amounts, taking into account the amounts already deducted from or added to the Purchase Price according to Section 5.01(a)(i) or (ii) above. If the Closing Net Asset Value is less than the Reference Net Asset Value, then the Sellers shall pay to Buyer the difference between the two amounts, taking into account the amounts already deducted from or added to the Purchase Price according to Section 5.01(a)(i) or (ii) above. Any payment required to be made pursuant to this Section 5.02(b) shall be made within ten days after Buyer’s acceptance of the Closing Net Asset Value Statement or, if applicable, within ten days after receipt of a determination and resolution of any dispute over the Closing Net Asset Value Statement as provided in Section 5.03 below. Any such amount payable pursuant to this Section 5.02(b) shall be paid (i) together with interest (not compounded) thereon at the Applicable Rate from and including the Closing Date through the date immediately preceding the date of payment and (ii) by wire transfer of immediately available funds (in U.S. Dollars) to an account or accounts designated in writing by the party entitled to receive such payment (or by such other means as are mutually agreeable to the parties).
Payment of Adjustment. Any payment to be made pursuant to Section 2.4(a) shall be made by Sellers to Buyer or Buyer to Sellers, as applicable, by corporate check or by wire transfer of immediately available funds within five (5) business days following the date of the final determination of the Inventory Value; provided, however, that in no event shall Buyer be obligated to pay to Sellers any adjustment to the Inventory Value in excess of $***** (in the aggregate for both Sellers). Notwithstanding anything to the contrary in this Section 2.4, if Sellers are obligated to make any payment to Buyer pursuant to this Section
Payment of Adjustment. Subject to the terms and conditions of this Agreement, the following adjustments and payments shall be made:
Payment of Adjustment. The Working Capital and the Debt Amount, each as finally determined in accordance with Section 3.3(a), based on (i) Purchaser’s computations (if not disputed by the Company), (ii) the agreement of the Company and Purchaser or (iii) the determination of the Independent Accountant, as the case may be, are referred to herein as the “Final Working Capital” and “Final Debt Amount”, respectively. Not later than five Business Days after the Final Working Capital and Final Debt Amount are finally determined:
Payment of Adjustment. 4.9.1 Within 7 business days after agreement or determination of the Net Current Asset Value under this Clause 4, if the Net Current Asset Value is £100,000 less than £525,000, the Vendor shall pay, in same day funds, to the Purchaser an amount equal to the amount by which such shortfall is greater than £525,000 and not merely the excess over £100,000 (such payment to be made into the Purchaser’s Solicitors’ Client Account, and the receipt of the Purchaser’s Solicitors shall be a complete discharge to the Vendor who shall not be required to enquire as to the distribution of that amount).
Payment of Adjustment. All payments required to be made --------------------- hereunder shall be made within 5 days after the later of (i) the expiration of the Initial Review Period, (ii) the date on which the parties agree on any adjustment proposed by CTI during the Initial Review Period, or (iii) the date on which the final decision of the Arbitrator is rendered. All payments required to be made pursuant to this Section 3.3 shall be made by wire transfer of ----------- readily available, same-day funds, and shall effect an adjustment to the Purchase Price paid by Buyer hereunder. Any payments made after the due date shall bear interest from the due date until the date paid at a rate per annum equal to the daily average prime rate published in the Money Rates section of The Wall Street Journal.
Payment of Adjustment. Payment in respect of the Final Cash Purchase Price shall be made by either party in respect of the amounts determined pursuant to this Section 3.3 and will be due and payable within ten (10) Business Days after the amounts are finally determined pursuant to this Section 3.3 by wire transfer of immediately available funds to the account designated in writing by the payee. Any such payment shall be allocated among and made by and to the applicable Persons that transferred and received the applicable Transferred Assets or portions thereof (the applicable Seller and the Buyer or any applicable permitted assignee of the Buyer). The amount of any payment to be made pursuant to this Section 3.3 shall bear interest from and including the Closing Date to, but excluding the date of payment, at a rate per annum equal to the Applicable Rate. Such interest shall be payable at the same time as the payment to which it relates and shall be calculated daily on the basis of a year of three hundred sixty-five (365) days and the actual number of days for which such interest is due.
Payment of Adjustment. (i) If the Advisor Closing Amount as finally determined in accordance with this Section 2.3 exceeds the GNL Closing Amount as finally determined in accordance with this Section 2.3, Advisor Parent shall pay to GNL, by wire transfer of immediately available funds within five (5) Business Days after the date on which the Advisor Closing Amount is finally determined, (A) the amount by which the Advisor Closing Amount exceeds the GNL Closing Amount, minus (B) any Estimated Advisor Adjustment Payment made pursuant to Section 2.2(b)(i), plus (C) any Estimated GNL Adjustment Payment made pursuant to Section 2.2(b)(ii). If such adjustment results in a negative amount, GNL shall pay to Advisor Parent, by wire transfer of immediately available funds within five (5) Business Days after the date on which the Advisor Closing Amount is finally determined, the amount of such shortfall.
Payment of Adjustment. Any payment pursuant to Section 1.8(d) shall be made within ten (10) Business Days after the Final Inventory Amount has been determined by delivery by Buyer or Seller, as the case may be, by wire transfer of immediately available funds to the other party or by causing such payments to be credited to such account of such other party as may be designated by such other party; provided that if Buyer shall have delivered a notice of disagreement pursuant to Section 1.8(b) and either (i) Buyer’s and Seller’s calculations of Closing Inventory Amount would both require a payment by Buyer pursuant to Section 1.8(d) or (ii) Buyer’s and Seller’s calculations of Closing Inventory Amount would both require a payment by Seller pursuant to Section 1.8(d) (although in each case there is disagreement as to the amount of such payment), then Buyer or Seller, as the case may be, shall pay the lesser of the amounts that would be payable pursuant to Section 1.8(d) based on their respective calculations of Closing Inventory Amount within ten (10) Business Days of the date such notice of disagreement was delivered, and any such payment shall be credited against the payment required by Section 1.8(e). Any payment made pursuant to this Section 1.8 shall be accompanied by the payment of interest on the amount so paid, from and including the Closing Date to but excluding the date of the payment, calculated on a monthly basis at the prime rate of interest, as published from time to time in The Wall Street Journal during the period beginning at the Effective Time and ending on the date of payment.
Payment of Adjustment. Within 30 days after the In-Service LTAMP Cost Estimates have been finalized pursuant to Section 5.2, the Parties shall calculate the Present Worth of the Nalcor Payment Amounts and the Present Worth of the Emera Payment Amounts and:
