Common use of Net Debt Adjustment Clause in Contracts

Net Debt Adjustment. (a) if the Net Debt exceeds the Estimated Net Debt, the Seller shall pay in cash on a dollar-for-dollar basis to the Purchasers an amount equal to such excess; (b) if the Net Debt is less than the Estimated Net Debt, the Purchasers shall pay in cash on a dollar-for-dollar basis to the Seller an amount equal to such deficit.