Examples of Purchase Price Overpayment in a sentence
Debtors shall not permit the Purchase Price Overpayment to exceed $1,500,000 for more than one Business Day after becoming aware that the Purchase Price Overpayment exceeds $1,500,000.
If the Estimated Purchase Price exceeds the Final Purchase Price, Seller shall as promptly as practicable, but in no event later than five (5) Business Days following the final determination of the Final Purchase Price as provided in Section 1.6(c), pay to Buyer the Buyer Purchase Price Overpayment Amount.
Subject to the limitations specified in this Section 11, the Purchaser Indemnitees may retain a portion ofany interest or principal to be paid pursuant to the Majority Shareholder Note as an offset against: (i) any indemnification obligation of the Majority Shareholder owed to a Purchaser Indemnitee pursuant to this Section 11; or (ii) any Purchase Price Overpayment owed to Parent and Purchaser pursuant to Section 1.6(b).
PROPOSAL BYTHE COMMISSION:OPINION OF EP: Official Journal No 20/330 of 06.02.1965 MOD.
No sums outstanding in respect of the Croatian Intercompany Loan shall be taken into account in the calculation of the Croatian Closing Adjustment Amount or in the calculation of any Croatian Purchase Price Overpayment or Croatian Purchase Price Underpayment.
No sums outstanding in respect of the Slovenian Intercompany Loan shall be taken into account in the calculation of the Slovenian Closing Adjustment Amount or in the calculation of any Slovenian Purchase Price Overpayment or Slovenian Purchase Price Underpayment.
No Buyer Indemnified Party shall have the right to indemnification hereunder for any amount that was already included in the Company Net Working Capital Adjustment, the Company Closing Net Debt Amount, the Purchase Price Overpayment (each as defined in the Company Purchase Agreement) amounts paid in accordance with the Company Purchase Agreement or the Merger Consideration Overpayment amounts paid in accordance with this Agreement.
In the event the Purchase Price Overpayment is less than the Adjustment Escrow Amount, the remaining funds in the Adjustment Escrow Account shall be distributed to the Selling Shareholders in accordance with their respective Pro Rata Shares.
We support changes that maintain this critical balance and appreciate the Commission’s recognition of these tradeoffs.