Examples of Unresolved Amount in a sentence
Any Continuing Unresolved Amount withheld from release after the Final Release Date and finally determined not to be subject to indemnification by the SFC Equityholders in accordance with this Agreement, shall be released to the SFC Equityholders by confirmed wire transfer of immediately available funds within three (3) business days following such determination.
In the event it is finally determined, in accordance with Article X, that any Initial Unresolved Amount withheld from release pursuant to the preceding sentence is not subject to indemnification by the SFC Equityholders under Section 10.02, such amount shall be released from the Escrow Account and paid over to the SFC Equityholders, by confirmed wire transfer of immediately available funds, within three (3) business days following such determination.
For example, if the Neutral Auditors determine that they agree more closely with Seller’s Closing Net Book Value calculation and further determine that two-thirds of the Unresolved Amount should be allocated in favor of the Seller as an increase in the Purchase Price, then Seller shall only be responsible for one-third of the fees and expenses of the Neutral Auditors hereunder.
In the event it is finally determined, in accordance with Article VI, that any Initial Unresolved Amount withheld from release pursuant to the preceding sentence is not subject to indemnification by the Selling Parties under Section 6.1, such amount shall be released from the Escrow Account and paid over to the Sellers, by confirmed wire transfer of immediately available funds, within three (3) business days following such determination.
Any Continuing Unresolved Amount withheld from release after the Final Release Date and finally determined not to be subject to indemnification by the Selling Parties in accordance with this Agreement, shall be released to the Sellers by confirmed wire transfer of immediately available funds within three (3) business days following such determination.
Any Continuing Unresolved Amount withheld from release after the Second Release Date and finally determined not to be subject to indemnification by the Selling Parties in accordance with this Agreement, shall be released to Seller by confirmed wire transfer of immediately available funds within three (3) Business Days following such determination.
In the event it is finally determined, in accordance with Article VI, that any Unresolved Amount withheld from release pursuant to the preceding sentence is not subject to indemnification by the Seller Indemnifying Parties under Section 6.2, such amount shall be released from the Escrow Account and paid over to TVV, by confirmed wire transfer of immediately available funds, within five (5) Business Days following such determination.
The Intercompany Debt Payment shall be treated as a contribution to the capital reserves of the Company by the Purchaser upon the Purchaser becoming shareholder of the Company.
The remainder of the funds in the Escrow Account (less any Continuing Unresolved Amount) and any interest accrued thereon shall be released from the Escrow Account and paid over to Seller, by confirmed wire transfer of immediately available funds, on the third (3rd) Business Day following the date that is eighteen (18) months after the Closing Date (the "Final Release Date" and together with the First Release Date, each a "Release Date").
Any Continuing Unresolved Amount withheld from release after the Final Release Date and finally determined not to be required to be released to Purchaser in accordance with this Agreement and the Escrow Agreement, shall be released to Seller by confirmed wire transfer of immediately available funds within three (3) Business Days following such determination.