Common use of DISTRIBUTION OF HOLDBACK Clause in Contracts

DISTRIBUTION OF HOLDBACK. On the 120th day after the Closing Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.2 (Purchase Price Adjustment) have been satisfied, and (ii) all claims of the Purchaser under Section 8.2 (Indemnification) which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 120th day, that it is entitled to receive indemnification pursuant to Section 8.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to the Sellers an aggregate amount equal to the portion, if any, of the Holdback which remain after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 90th day after the Closing Date, the Purchaser shall pay to the Seller BRTI an amount equal to the amount of the HoldbackHoldback (together with all accrued but undistributed interest thereon), if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.2 (Purchase Price Adjustment) 2.5 have been satisfied, satisfied and (ii) all claims of the Purchaser under Section 8.2 (Indemnification) which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 120th 90th day, that it is entitled to receive indemnification pursuant to Section 8.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to the Sellers BRTI an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remain remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th day after the Closing Date, the Purchaser shall pay to the Seller an amount equal to the amount of the HoldbackHoldback (together with all accrued but undistributed interest thereon), if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.2 (Purchase Price Adjustment) 2.3 have been satisfied, satisfied and (ii) all claims of the Purchaser under Section 8.2 (Indemnification) 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 120th 90th day, that it is entitled to receive indemnification pursuant to Section 8.2 2.3 or Section 9.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to the Sellers Seller an aggregate amount equal to the portion, if any, of the Holdback (together with all accrued but undistributed interest thereon) which remain remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 130th day after the Closing Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.2 (Purchase Price Adjustment) 2.3 have been satisfied, satisfied and (ii) all claims of the Purchaser under Section 8.2 (Indemnification) 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser claims, prior to such 120th 130th day, that it is entitled to receive indemnification pursuant to Section 8.2 9.2 (each, a "Pending Claim"). As soon as practicable following final resolution of all Pending Claims, the Purchaser shall pay to the Sellers Seller an aggregate amount equal to the portion, if any, of the Holdback which remain remains after payment of the Remaining Holdback and final resolution of all Pending Claims.

DISTRIBUTION OF HOLDBACK. On the 120th 180th day after the Closing ------------------------ Date, the Purchaser shall pay to the Seller an amount equal to the amount of the Holdback, if any, remaining after (i) all amounts owing to the Purchaser pursuant to Section 2.2 (Purchase Price Adjustment) 2.3 have been satisfied, satisfied and (ii) all claims of the Purchaser under Section 8.2 (Indemnification) 9.2 which have theretofore been finally resolved have been satisfied (the "Remaining Holdback") less any amount for which the Purchaser ------------------ claims, prior to such 120th 180th day, that it is entitled to receive indemnification pursuant to Section 8.2 9.2 (each, a "Pending Claim"). As soon as practicable ------------- following final resolution of all Pending Claims, the Purchaser shall pay to the Sellers Seller an aggregate amount equal to the portion, if any, of the Holdback which remain remains after payment of the Remaining Holdback and final resolution of all Pending Claims.