Examples of Purchaser Adjustment Amount in a sentence
Any Purchaser Adjustment Amount will be paid to Purchaser Parent by Seller Parent within three (3) days following the determination of the Net Asset Value at Closing by delivery of a check to Purchaser Parent in the amount of the Purchaser Adjustment Amount.
If the Seller Adjustment Amount is greater than the Purchaser Adjustment Amount and such difference is greater than five hundred thousand US dollars (USD 500,000), the Seller shall pay the Purchaser the amount of the difference in excess of five hundred thousand US dollars (USD 500,000).
If the Purchaser Adjustment Amount is greater than the Seller Adjustment Amount, the Purchaser shall have no obligation to pay the Seller any such difference.
If the Seller receives a Purchaser Adjustment Amount Statement in accordance with this Section 1.9(b), the Parties shall seek in good faith to reach an agreement with respect to the Adjustment Amount by 11:00 a.m., Eastern Time, on the Closing Date.
The Adjustment Escrow Amount shall be established for purposes of any Purchaser Adjustment Amount, as set forth in Section 3.05(h)(i).