Price Decrease definition

Price Decrease has the meaning set forth in Section 2.3(f)(ii).
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Price Decrease is defined in Section 2.4(g)(ii).
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Price Decrease then Buyer and Seller shall execute joint written instructions directing the Escrow Agent to, (x) if the Price Decrease is less than funds held in the Adjustment Escrow Account, release to Buyer the amount of the Price Decrease from the Adjustment Escrow Account and release the amounts remaining in the Adjustment Escrow Account to Seller, or (y) if the Price Decrease is greater than the funds in the Adjustment Escrow Account, release to Buyer all amounts in the Adjustment Escrow Account and funds from the Indemnity Escrow Account equal to the remaining balance of the Price Decrease. Such joint written instructions shall be executed and delivered within three (3) Business Days from the date on which the Final Closing Date Statement is finally determined pursuant to this Section 2.3.
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Examples of Price Decrease in a sentence

  • No Purchased Loans shall be, or be deemed to be, repurchased in connection with a Purchase Price Decrease.

  • The Seller may effectuate a Purchase Price Decrease on any Business Day by delivery to the Agent in immediately available funds of an amount specified by the Seller as a Purchase Price Decrease on that Business Day.

  • No Purchased Loans shall be, or be deemed to be, repurchased in connection with a Purchase Price Decrease, unless requested in writing pursuant to Section 6.1(b).

  • Each Purchase Price Decrease must be in an amount not less than $1,000,000.

  • The Purchase Price Decrease amount shall be due and payable in immediately available funds on the Purchase Price Decrease date specified therein.

  • The Seller may at any time and from time to time, request a Purchase Price Decrease by notice to the Administrative Agent no less than one Business Day prior to the date that the Seller intends to effectuate such Purchase Price Decrease, specifying the date of the Purchase Price Decrease (the “Purchase Price Decrease Date”).

  • The Purchase Price Decrease amount shall be due and payable in cash on the Purchase Price Decrease Date specified therein.

  • Notwithstanding the foregoing, any Purchase Price Decrease must be in an amount not less than $1,000,000.

  • If a Purchase Price Decrease Notice is given, such Purchase Price Decrease Notice shall be revocable at any time prior to 12:00 noon (New York City time) on the Business Day preceding the requested Purchase Price Decrease Date by delivery of written notice thereof to the Buyer.

  • ScanSource’s credit hereunder shall be calculated as the difference between the invoice price actually charged to ScanSource for the Products and the new reduced price obtained through the Price Decrease for each unit of the Products held in ScanSource’s inventory as of the effective date of the Price Decrease.