Common use of Payments on Account of Adjustments Clause in Contracts

Payments on Account of Adjustments. (a) The difference between the Adjusted Purchase Price and the Base Purchase Price, together with interest thereon at the rate of seven percent (7%) per annum from the Closing Date to the payment of such deficiency, shall be paid to Buyer as provided in Section 1.4(c) upon the expiration of the 60-day period for giving the Dispute Notice, if no Dispute Notice is given, or immediately upon final resolution, in accordance with Section 10.6 hereof, of any dispute in connection with the determination of the Adjusted Purchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (CMG Information Services Inc)

AutoNDA by SimpleDocs

Payments on Account of Adjustments. (a) The difference between If the Adjusted Purchase Price and is less than the Base Purchase Price, the difference together with interest thereon at the rate of seven percent (7%) 8% per annum from the Closing Date to the payment of such deficiencydifference, shall be paid to the Buyer as provided in Section 1.4(c) immediately upon the expiration of the 6045-day period for giving the Dispute Notice, if no Dispute Notice is given, or immediately upon final resolution, in accordance with Section 10.6 11 hereof, of any dispute in connection with the determination of the Adjusted Purchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (Open Market Inc)

Payments on Account of Adjustments. (a) The difference between the Adjusted Purchase Price and the Base Purchase Price, together with interest thereon at the rate of seven percent (7%) 6% per annum from the Closing Date to the payment of such deficiency, shall be paid to the Buyer as provided in Section 1.4(c) immediately upon the expiration of the 60-day period for giving the Dispute Notice, if no Dispute Notice is given, or immediately upon final resolution, in accordance with Section 10.6 hereof, resolution of any dispute in connection with the determination of the Adjusted Purchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (Breed Technologies Inc)

AutoNDA by SimpleDocs

Payments on Account of Adjustments. (a) The (i) In the event that the Adjusted Purchase Price is less than the Base Purchase Price, the difference between the Adjusted Purchase Price and the Base Purchase Price, together with interest thereon at the rate of seven percent (7%) per annum from the Closing Date to the payment of such deficiency, Price shall be paid to Buyer as provided in Section 1.4(c) Open Solutions from the Reserve Account immediately upon the expiration of the 6030-day period for giving the Dispute Notice, if no Dispute Notice is given, or immediately upon final resolution, in accordance with Section 10.6 hereof, resolution of any dispute in connection with the determination of the Adjusted Purchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (Open Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.