Net Purchase Amount definition
Examples of Net Purchase Amount in a sentence
The Bank shall, each month, issue to each holder of an AM BankCard that number of AM which is equal to the whole number, if any, obtained (disregarding fractions) when the Net Purchase Amount in relation to such month’s statement for such AM BankCard is divided by the Award Amount in effect on the date of such statement.
With the accounting, UIS shall remit payment to NHC for the Net Purchase Amount due NHC for Cards sold/renewed the prior week.
The difference between the amount of the Asset Price and the amount of the Payables Deduction as finally determined in accordance with this Section 4.4 is referred to herein as the "Final Net Purchase Amount" and the difference, if any, between the Preliminary Net Purchase Amount and the Final Net Purchase Amount is referred to herein as the "Final Adjustment Amount".
Subject to the terms of this Agreement, including the meeting of conditions precedent, on the Tender Date, Purchaser shall pay to Seller an amount equal to the Adjusted Purchase Price less the amounts of the Deposit, minus (as applicable) the adjustments contemplated in Clause 5.2(c)(i), and plus interest payable pursuant to clause 5.2(d) (the "Net Purchase Amount").
In the event the Final Net Purchase Amount exceeds the Preliminary Net Purchase Amount, the Final Adjustment Amount will be paid by Buyer to Seller within 10 days after the Determination Date.
The parties agree to resolve such dispute in conjunction with the determination of the Final Net Purchase Amount in accordance with Section 4.4.
The Net Purchase Amount shall be deposited into the Cash Escrow Account.
If within five (5) Business Days of Seller’s receipt of the Net Purchase Amount from Purchaser the sale of the Aircraft contemplated herein has not been consummated for any reason other than a breach of this Agreement by Purchaser, the Seller will refund to Purchaser the Deposit and Net Purchase Amount within two (2) Business Days thereafter.
The difference between the Asset Price and the Payables Deduction is hereinafter referred to as the "Preliminary Net Purchase Amount".
The limitation contained in the second preceding sentence shall not prevent any party from seeking the full amount of any adjustment to the Net Purchase Amount determined in accordance with Section 4.2(b), including without limitation any valid and timely asserted Inspection Claim or the breach of the representation and warranties contained in Section 5.21 and the last sentence of Section 5.18 hereof.