Procedure for Repricing Clause Samples
Procedure for Repricing. For any Account that satisfies a condition set forth in Section 6.1, Buyer is entitled to an Allocated Account Price adjustment (herein, “Adjustment”) equal to the Allocated Account Price less any amounts collected by Buyer after the Cutoff Date and prior to Buyer’s notification to Seller that the Account is subject to this Article VI. Buyer shall submit a claim to Escrow Agent with a copy to Seller for each Account for which Buyer seeks an Adjustment. The Adjustment shall be paid to Buyer within 14 days after Seller’s receipt of the documents and instruments required pursuant to Section 6.3 (d), provided that Escrow Agent shall not be required to make more than one payment to Buyer for all Adjustments and other Holdback Obligations in any calendar month.
