IP Price definition
IP Price has the meaning given to it in clause 2.4;
Examples of IP Price in a sentence
The UK IP Price shall be apportioned between the Business Intellectual Property Rights in accordance with Schedule 12 and the price given to each such Business Intellectual Property Right shall (subject to any adjustment, if applicable, pursuant to clauses 2.7 and 2.8) be adopted for all tax reporting purposes.
The Final Price shall be satisfied by (i) the payment at closing of the Initial Share Price and the UK IP Price by the Purchasers to the Sellers in accordance with clause 2.5 and (ii) the payment after Closing of any Financial Adjustments due from the Share Purchaser to the Share Sellers or from the Share Sellers to the Share Purchaser, respectively, in accordance with the provisions of Schedule 11.