Common use of Payment and Allocation Clause in Contracts

Payment and Allocation. Where any payment is required to be made pursuant to this Clause 8.3: (i) the payment made on account of the Purchase Price shall be reduced or increased accordingly; and (ii) the allocation of the Purchase Price shall be adjusted in accordance with paragraph 3 of Schedule 9.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Royal Bank of Scotland Group PLC), Sale and Purchase Agreement (Royal Bank of Scotland Group PLC)