Common use of Overprovisions Clause in Contracts

Overprovisions. 6.1 If, on or before the sixth anniversary of Closing, the Buyer becomes aware that there is an Overprovision, the Buyer shall notify the Seller and if the auditors for the time being of the Company determine (at the request and expense of the Seller) that there is an Overprovision and such Overprovision has not been taken into account under paragraph 5, then:

Appears in 1 contract

Samples: Agreement (Ligand Pharmaceuticals Inc)

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Overprovisions. 6.1 If, on or before the sixth seventh anniversary of ClosingCompletion, the Buyer becomes aware believes that there is an Overprovision, the Buyer shall notify the Seller and if the auditors for the time being of the Company determine (at the request and expense of the Seller) that there is an Overprovision and such Overprovision has not been taken into account under paragraph 5Overprovision, then:

Appears in 1 contract

Samples: Onfolio Holdings, Inc

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Overprovisions. 6.1 If, on or before the sixth seventh anniversary of Closingthe Completion Date, the Buyer becomes aware believes that there is an Overprovision, the Buyer shall notify the Seller and if the auditors for the time being of the Company determine (at the request and expense of the Seller) that there is an Overprovision and such Overprovision has not been taken into account under paragraph 5Overprovision, then:

Appears in 1 contract

Samples: Dated         august (Concierge Technologies Inc)

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