Common use of Payment Adjustment Clause in Contracts

Payment Adjustment. The Company agrees to make a payment adjustment (a “Payment Adjustment”) to Investor for any difference in the Purchase Price and 92% of the lowest average daily VWAP in the next five (5) Trading Days, but only if such price is lower than the Purchase Price and which shall be paid to the Investor by the Company in Common Stock. The form of settlement document to be used in connection with a Payment Adjustment is set forth in Exhibit B attached hereto.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Vsee Health, Inc.), Equity Purchase Agreement (Digital Health Acquisition Corp.)

Payment Adjustment. The Company agrees to make a payment adjustment (a “Payment Adjustment”) to Investor for any difference in the Purchase Price and 9295.0% of the lowest daily average daily VWAP volume weighted average price (“VWAP”) in the next five (5) Trading Days, but only if such price is lower than the Purchase Price and which shall be paid to the Investor by the Company in Common StockOrdinary Shares. The form of settlement document to be used in connection with a Payment Adjustment is set forth in Exhibit B attached heretohereof.

Appears in 1 contract

Sources: Equity Purchase Agreement (Hub Cyber Security Ltd.)