Common use of Reconciliation Payment Clause in Contracts

Reconciliation Payment. Within five Business Days after Final Net Working Capital and Cash, Final Transaction Expenses, Final Funded Indebtedness and Final Pre-Closing Taxes become final and binding, the following will occur (with the payments in this Section 2.4(f) being made without interest by wire transfer of immediately available funds, and with any amount paid or disbursed to the Sellers under the following being allocated among the applicable Sellers as contemplated in Article 1).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Post Holdings, Inc.)

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Reconciliation Payment. Within five Business Days after both of the Final Closing Cash and the Final Net Working Capital and Cash, Final Transaction Expenses, Final Funded Indebtedness and Final Pre-Closing Taxes become final and bindingbinding on the Parties, the following will occur (with the payments in this Section 2.4(f) below being made without interest by wire transfer of immediately available funds, and with any amount paid or disbursed to the Sellers under the following being allocated among the applicable Sellers as contemplated in Article 1).without interest):

Appears in 1 contract

Samples: Stock Purchase Agreement (Apogee Enterprises, Inc.)

Reconciliation Payment. Within five Business Days after Final Net Working Capital and Cash, Final Transaction Expenses, Expenses and Final Funded Indebtedness and Final Pre-Closing Taxes become final and binding, the following will occur (with the payments in this Section 2.4(f) being made without interest by wire transfer of immediately available funds, and with any amount paid or disbursed to the Sellers Paying Agent under the following being allocated among the applicable Sellers Closing Payment Recipients as contemplated in Article 1).

Appears in 1 contract

Samples: Equity Purchase Agreement (Fortune Brands Home & Security, Inc.)

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Reconciliation Payment. Within five Business Days after Final Net Working Capital and Capital, Final Closing Cash, Final Closing Indebtedness, Final Seller Transaction Expenses, Final Funded Indebtedness and Final Pre-Closing Taxes become Payable becomes final and bindingbinding on the Parties, the following will occur (with the payments in this Section 2.4(f) below being made without interest by wire transfer of immediately available funds, and with any amount paid or disbursed to the Sellers under the following being allocated among the applicable Sellers as contemplated in Article 1).without interest):

Appears in 1 contract

Samples: Equity Purchase Agreement (Winnebago Industries Inc)

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