Common use of Repayment of Excess Funds Clause in Contracts

Repayment of Excess Funds. As soon as it can be determined, HI and BSI shall promptly ascertain the portions, if any, of the amounts deposited by HI and BSI in satisfaction of a Finally Determined BSI Litigation Funding Obligation that exceed their respective Funding Components. Any portion of the amount deposited by either HI or BSI that exceeds its respective Funding Component shall be remitted promptly to HI or BSI, as the case may be.

Appears in 5 contracts

Samples: Judgment Sharing Agreement (Batesville Holdings, Inc.), Judgment Sharing Agreement (Hillenbrand, Inc.), Judgment Sharing Agreement (Batesville Holdings, Inc.)

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