Post-Closing Payment. If the Net Worth Adjustment is a positive amount, the Holdback Amount shall be paid to Seller (along with any interest accrued thereon) and Buyer shall pay the Net Worth Adjustment to Seller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (New Horizons Worldwide Inc), Asset Purchase Agreement (New Horizons Worldwide Inc)
Post-Closing Payment. If the Net Worth Adjustment is a positive amount, the Holdback Amount shall be paid to Seller (along with any interest accrued thereon) and Buyer shall pay the Net Worth Adjustment (together with the Holdback Amount) to Seller by wire transfer of immediately available funds to an account designated by Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)
Post-Closing Payment. If the Net Worth Adjustment is not a positive negative amount, the Holdback Amount shall be paid to Seller (along with any interest accrued thereon) and Buyer shall pay the Net Worth Adjustment to Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)