Payment of Purchase Price Adjustments. The Estimated Adjustments, to the extent not in dispute, shall be aggregated at the Initial Closing Date and each Subsequent Closing Date and the Party or Parties which owe(s) the other(s) an adjustment to the Facility Purchase Price, the Fuel Purchase Price and/or the Unit 2 Purchase Price shall make a cash payment of such adjustment in immediately available funds by wire transfer to an account designated by the Buyer or Seller Representatives after consultation with the other Sellers, as the case may be. Following each Closing Date, if necessary, the Parties shall aggregate the Facility Purchase Price Adjustment, the Fuel Purchase Price Adjustment and the Unit 2 Purchase Price Adjustment and if, after taking into account the payment, if any, made at such Closing Date pursuant to the preceding sentence, the Party or Parties which owe(s) the other(s) an adjustment to the Facility Purchase Price, the Fuel Purchase Price and/or the Unit 2 Purchase Price shall make a cash payment of such adjustment in immediately available funds by wire transfer to an account designated by the Buyer or the Seller Representatives after consultation with the other Sellers, as the case may be.
Payment of Purchase Price Adjustments. (a) On the fifth (5th) Business Day following the date on which the last of the Draft Closing Statements has been finalized in accordance with Section 2.6 (whether by agreement of the parties, deemed agreement or by determination made by the Independent Auditor pursuant to Section 2.6(d)) (such date, the “Settlement Date”), the payments contemplated by Section 2.7(b) shall be made.
Payment of Purchase Price Adjustments. (a) If the Closing Date Working Capital set forth in the Final Closing Statement (the “Actual Working Capital”) is less than the Estimated Working Capital, then an amount equal to such shortfall shall be due to Purchaser and payable in accordance with, and subject to, Section 2.7(e). If the Actual Working Capital is greater than the Estimated Working Capital, then an amount equal to such difference shall be due to the Sellers and payable in accordance with, and subject to, Section 2.7(e).
Payment of Purchase Price Adjustments. If the final Purchase Price exceeds the Estimated Purchase Price, Buyer shall pay such excess, together with interest thereon from the Closing Date to the date such excess is paid at a fluctuating rate per annum which at all times shall be equal to the LIBOR as in effect from time to time, within seven days after the Adjustment Date, by wire transfer of immediately available funds to such bank account in the United States bank as Seller shall designate in the amount of such excess. If the Estimated Purchase Price exceeds the final Purchase Price, Seller shall pay such excess within seven days after the Adjustment Date, by wire transfer of immediately available funds to such bank account in the United States bank as Buyer shall designate in the amount of such excess, together with interest thereon at the LIBOR from the Closing Date to the date such excess is paid.
Payment of Purchase Price Adjustments. (a) At the Closing, Buyer shall pay to Seller an aggregate amount equal to the Estimated Purchase Price in readily available funds in accordance with the wire instructions delivered by Seller to Buyer, which wire instructions shall be delivered at least three (3) Business Days prior to Closing. The parties agree that an amount equal to $12,265,712.59 of the Estimated Purchase Price shall be applied to terminate intercompany debt of FCC Environmental to the Parent, which intercompany debt shall be terminated as of the Effective Time.
Payment of Purchase Price Adjustments. 0.6.2.1. After final determination of all amounts (including resolution of disputed amounts under Section 2.5(a)(2)), payments shall be made as follows:
Payment of Purchase Price Adjustments. Any Purchase Price adjustments payable pursuant to this Section 1.3 shall, except as otherwise expressly provided in this Section 1.3, be paid to the applicable party promptly after the final determination pursuant to this Section 1.3 of the amount of such payment, by wire transfer of immediately available funds of the amount of such adjustment.
Payment of Purchase Price Adjustments. Promptly (but not later than fifteen (15) Business days) after the final determination of the Definitive Computation pursuant to § 6(1)(a), if (A) the sum of all Accounts Payable plus accrued but unpaid expenses exceeds the total prepaid expenses, then Xx. Xxxxx shall pay to Buyer, by wire transfer to such bank account of Buyer as Buyer shall designate in writing to Xx. Xxxxx, an amount equal to the excess of Accounts Payable and accrued but unpaid expenses over prepaid expenses; or (B) the sum of all Accounts Payable plus accrued but unpaid expenses is less than the total prepaid expenses, then Buyer shall pay to Xx. Xxxxx, by wire transfer to such bank account of Xx. Xxxxx as Xx. Xxxxx shall designate in writing to Buyer, an amount equal to the excess of prepaid expenses over the sum of Accounts Payable and accrued but unpaid expenses.
Payment of Purchase Price Adjustments. Any resulting decrease in the Purchase Price pursuant to this Section 3.4 shall be promptly paid by the Seller to the Buyer following the final determination of the Inventory Report pursuant to Section 3.4(a) above. Any resulting increase in the Purchase Price pursuant to this Section 3.4 shall be paid to Seller six months from the Closing Date and deemed part of the Second Installment, provided, however, that if any such increase in the Purchase Price exceeds $100,000, such amount in excess of $100,000 shall be promptly paid by the Buyer to the Seller following the final determination of the Inventory Report pursuant to Section 3.4(a) above. Except as to any payment deemed part of the Second Installment, any payment to be made by either party pursuant to this Section 3.4 shall include simple interest thereon at the rate of 7% per annum from the Closing Date to the date of payment.
Payment of Purchase Price Adjustments. (a) If (m) the Adjusted Cash Purchase Price minus the Cash Revenue Run Rate Adjustment exceeds (n) the Estimated Cash Purchase Price, Buyer shall pay to Seller, as an adjustment to the Cash Purchase Price, in the manner and with interest as provided in Section 2.10(b), the amount of such excess plus one day's interest (calculated on the basis of a year of 365 days) on the amount of such excess based on the Buyer Interest Rate. If (x) the Estimated Cash Purchase Price exceeds (y) the Adjusted Cash Purchase Price minus the Cash Revenue Run Rate Adjustment, Seller shall pay to Buyer, as an adjustment to the Cash Purchase Price, in the manner and with interest as provided in Section 2.10(b), the amount of such excess plus one day's interest (calculated on the basis of a year of 365 days) on the amount of such excess based on the Buyer Interest Rate.
