Final OWC Payment definition
Final OWC Payment has the meaning set forth in Section 4.02(d).
Examples of Final OWC Payment in a sentence
The purpose of the Escrow Amount plus accrued interest thereon is to secure payment, if any, of (i) the Final OWC Payment payable to Buyer, as determined in accordance with Section 4.02 of this Agreement, and (ii) the indemnification obligations of Sellers to Buyer under Article XI of this Agreement.
The Agreed Inventory shall be final, binding and conclusive on the Parties for purposes of determining the Estimated OWC, the Final OWC, any Adjustment Amount and any Final OWC Payment.
Any Final OWC Payment payable by Buyer will be paid, not later than five Business Days after the determination of the Final OWC by wire transfer of immediately available funds to an account designated in advance in writing by Sellers.