Common use of Payments to Sellers Clause in Contracts

Payments to Sellers. Except as otherwise expressly provided in this Agreement, subject to the Sellers’ Representative’s right to retain amounts to pay expenses incurred in connection with fulfillment of its duties hereunder, all amounts received by the Sellers’ Representative pursuant to this Agreement, and any other amounts to be released or paid to the Sellers hereunder, shall be promptly distributed to the Sellers in accordance with and as required by their Pro-rata Interest and the respective priorities, preferences and rights set forth on Schedule 1 hereto.

Appears in 4 contracts

Samples: Share Purchase Agreement (Croe, Inc.), Share Purchase Agreement (Croe, Inc.), Share Purchase Agreement (Gilbert James Henry)

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