Common use of No Deduction for Negative Profits Interest Clause in Contracts

No Deduction for Negative Profits Interest. If, at any time it is calculated, the Profits Interest shall be a negative amount, Seller in no way shall be liable for such amount, and there shall be no deduction or offset for such negative amount at any time when the Profits Interest subsequently shall be calculated.

Appears in 2 contracts

Samples: Stock Purchase And, Stock Purchase And

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No Deduction for Negative Profits Interest. If, at any time it is calculated, the Profits Interest shall be a negative amount, Seller in no way shall be liable for such amount, and there shall be no deduction or offset for such negative amount at any time when the Profits Interest subsequently shall be calculated.. 4.3.4

Appears in 2 contracts

Samples: Stock Purchase and Profits Interest Agreement (Davis Gary J), Stock Purchase and Profits Interest Agreement (Nix Leah Janice Trust)

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