Common use of Other Financial Matters Clause in Contracts

Other Financial Matters. If the Company's total indebtedness exceeds $975,000 at Closing, the cash portion of the Purchase Price shall be reduced on a dollar-for-dollar basis, and, within 30 days of the date hereof, the Stockholders shall remit such amount to LandCARE by wire transfer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Landcare Usa Inc)

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Other Financial Matters. If the Company's total indebtedness exceeds $975,000 138,000 at Closing, the cash portion of the Purchase Price shall be reduced on a dollar-for-dollar basis, and, within 30 days of the date hereof, the Stockholders Stockholder shall remit such amount to LandCARE by wire transfer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Landcare Usa Inc)

Other Financial Matters. If the Company's total indebtedness exceeds $975,000 3,000,000 at Closing, the cash portion of the Purchase Price shall be reduced on a dollar-for-dollar basis, and, within 30 thirty (30) days of the date hereof, the Stockholders Stockholder shall remit such amount to LandCARE by wire transfer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Landcare Usa Inc)

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Other Financial Matters. If the Company's total indebtedness on a pro forma basis exceeds $975,000 750,000 at Closing, the cash portion of the Purchase Price shall be reduced on a dollar-for-dollar basis, and, within 30 days of the date hereof, the Stockholders Stockholder shall remit such amount to LandCARE by wire transfer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Landcare Usa Inc)

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