Common use of Payments to Reflect Adjustments Clause in Contracts

Payments to Reflect Adjustments. (a) If the Purchase Price as finally determined pursuant to Section 2.3.2 exceeds the Estimated Purchase Price, Buyer shall pay to Seller, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.2, the difference between the Purchase Price and the Estimated Purchase Price. (b) If the Purchase Price as finally determined pursuant to Section 2.3.2 is less than the Estimated Purchase Price, Seller shall pay to Buyer, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.2, the difference between the Purchase Price and the Estimated Purchase Price.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Oro Spanish Broadcasting Inc), Asset Purchase Agreement (Radio Unica Corp)

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Payments to Reflect Adjustments. (a1) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(b) exceeds the Estimated Purchase Price, Buyer shall pay to Seller, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price. (b2) If the Purchase Price Price, as finally determined pursuant to Section 2.3.2 2.3(b) is less than the Estimated Purchase Price, Seller shall pay to Buyer, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Payments to Reflect Adjustments. (a1) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(b) exceeds the Estimated Purchase Price, Buyer shall pay to Seller, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price. (b2) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(b) is less than the Estimated Purchase Price, Seller shall pay to Buyer, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Price Communications Corp)

Payments to Reflect Adjustments. (ai) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(c) exceeds the Estimated Purchase Price, Buyer shall pay to SellerSellers, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(c), the difference between the Purchase Price and the Estimated Purchase Price. (bii) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(c) is less than the Estimated Purchase Price, Seller Sellers shall pay to Buyer, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(c), the difference between the Purchase Price and the Estimated Purchase Price.

Appears in 1 contract

Samples: Option Agreement (Cox Radio Inc)

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Payments to Reflect Adjustments. (a1) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(b) exceeds the Estimated Purchase Price, Buyer shall pay to SellerSellers, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price. (b2) If the Purchase Price as finally determined pursuant to Section 2.3.2 2.3(b) is less than the Estimated Purchase Price, Seller Sellers shall pay to Buyer, in immediately available funds within five business days after the date on which the Purchase Price is determined pursuant to Section 2.3.22.3(b), the difference between the Purchase Price and the Estimated Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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