Common use of Payments of Post-Closing Adjustment Clause in Contracts

Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (a) be due (x) within ten (10) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within ten (10) Business Days of the resolution described in clause (v) above; and (b) be paid by wire transfer of immediately available funds to such account as is directed by Bxxxx or Sellers’ Representative, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Glimpse Group, Inc.)

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Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (ai) be due (xA) within ten (10) Business Days of acceptance of the applicable Closing Working Capital Statement or (yB) if there are Disputed Amounts, then within ten (10) Business Days of the resolution described in clause (v) above; , and (bii) be paid by wire transfer of immediately available funds to such account or accounts as is directed by Bxxxx Xxxxx or Sellers’ RepresentativeSeller, as the case may be.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Kingsway Financial Services Inc)

Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (aA) be due (x) within ten (10) fifteen Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within ten (10) fifteen Business Days of the resolution described in clause clauses (viv) aboveor (vii); and (bB) be paid by wire transfer of immediately available funds to such U.S. account as is directed by Bxxxx Buyer or Sellers’ RepresentativeSeller, as the case may be.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Milacron Holdings Corp.)

Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (aA) be due (x) within ten (10) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within ten (10) Business Days of the resolution described in clause (v) above; and (bB) be paid by wire transfer of immediately available funds to such account as is directed by Bxxxx US Buyer or Sellers’ RepresentativeParent, as the case may be.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pfsweb Inc)

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Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment Adjustment, shall (aA) be due (x) within ten (10) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within ten (10) Business Days of the resolution described in clause (v) above; and (bB) be paid by wire transfer of immediately available funds to such account as is directed by Bxxxx Buyer or Sellers’ RepresentativeSeller, as the case may be.

Appears in 1 contract

Samples: Stock Purchase Agreement (Accuride Corp)

Payments of Post-Closing Adjustment. Except as otherwise provided herein, any payment of the Post-Closing Adjustment shall (aA) be due (x) within ten (10) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within ten (10) Business Days of the resolution described in clause (v) above; and (bB) be paid by wire transfer of immediately available funds to such account as is directed by Bxxxx Buyer or Sellers’ RepresentativeSeller, as the case may be. The amount of any Post-Closing Adjustment shall bear no interest.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hudson Technologies Inc /Ny)

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