Common use of Payments to Seller and the Shareholders Clause in Contracts

Payments to Seller and the Shareholders. Nautilus shall promptly reimburse Seller or the Shareholders for all amounts owed under Article 8.3 from time to time, at their request, as such amounts are incurred. Notwithstanding the foregoing, Seller and the Shareholders shall not make any particular claim for an amount owed under Article 8.3.2 after the Indemnity Cut-Off Date.

Appears in 2 contracts

Samples: Purchase Option Agreement (Nautilus, Inc.), Purchase Option Agreement (Nautilus, Inc.)

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Payments to Seller and the Shareholders. Nautilus shall promptly reimburse Seller Seller, Bruno or the Shareholders Yang for all amounts owed under Article 8.3 from time to time, at their request, as such amounts are incurred. Notwithstanding the foregoing, Seller and the Shareholders shall not make any particular claim for an amount owed under Article 8.3.2 after the Indemnity Cut-Off Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Nautilus, Inc.)

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