Common use of Negative Amount Clause in Contracts

Negative Amount. In the event the Final PPAA Amount, calculated in accordance with the formula of Section 4.2, and subject to the provisions of Section 4.3, as applicable, is a negative amount, then the amount of the Purchase Price Adjustment shall be paid to Buyer by Hypermarcas. In this event, the Final PPAA Amount shall be considered, for all purposes, a decrease of the Purchase Price.

Appears in 2 contracts

Sources: Assignment and Transfer Agreement, Assignment and Transfer Agreement (Coty Inc.)