Installment Payments definition
Examples of Installment Payments in a sentence
Subject to the limitations set forth in this Article IX, from and after the Closing, in order to satisfy any indemnification obligation for Losses pursuant to Purchaser under Section 9.2, Purchaser and the other Seller Indemnified Persons shall be entitled to seek recovery of such amounts, in any order at their sole discretion, by offset against any then unpaid Installment Payments or Contingent Payments if any, as permitted herein (including Section 3.4(f)).
Subject to the limitations set forth in Article IX, Purchaser shall be entitled, but not obligated, to offset up to 100% of any Losses for which it is entitled to indemnification pursuant to Article IX against any Installment Payments to be made to Seller, together with any Contingent Payments to be made to Seller, if any, after the Closing.