Common use of Single Net Payment Clause in Contracts

Single Net Payment. Unless the Assignor and Assignee agree otherwise, on the Settlement Date a single, net, final payment shall be made, which shall be in an amount mutually agreed upon by the Assignor and the Assignee, taking into account the then outstanding principal amount, if any, of the Assigned Shares, any fees payable to or by the Assignee, and all accrued fees, interest and other amounts payable under the Loan Agreement or any related documents.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Intertan Inc), Assignment and Assumption Agreement (Intertan Inc)

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Single Net Payment. Unless the Assignor and Assignee agree otherwise, on the Settlement Date a single, net, final payment shall be made, which shall be in an amount mutually agreed upon by the Assignor and the Assignee, taking into account the then outstanding principal amount, if any, of the Assigned SharesShare, any fees payable to or by the Assignee, and all accrued fees, interest and other amounts payable under the Loan Credit Agreement or any related documents.

Appears in 2 contracts

Samples: Credit Agreement (Wickes Lumber Co /De/), Credit Agreement (Wickes Inc)

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Single Net Payment. Unless the Assignor and Assignee agree otherwise, on the Settlement Date a single, net, final payment shall be made, which shall be in an amount mutually agreed upon by the Assignor and the Assignee, taking into account the then outstanding principal amount, if any, of the Assigned SharesShare, any fees payable to or by the Assignee, and all accrued fees, interest and other amounts payable under the Loan Credit Agreement or any related documents.. 127

Appears in 1 contract

Samples: Credit Agreement (Riverside Group Inc/Fl)

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