Purchase Price Deficit definition

Purchase Price Deficit shall have the meaning assigned in subsection 2.6(c).

Purchase Price Deficit has the meaning set forth in Section 1.2.

Purchase Price Deficit is defined in Section 2.09.

Examples of Purchase Price Deficit in a sentence

• In particular, although substantially all of the Company's sales to date outside of Canada have been denominated in U.S. dollars, adverse fluctuations in the value of the U.S. dollar in relation to foreign currencies may affect the Company's sales to foreign customers.

• Parent shall, until the amount of any Purchase Price Deficit and Audit Fees for which Parent is responsible under Sections 2.3(d) and Section 2.3(f) has been paid or, if none, then the date of delivery of the Final Closing Statement, maintain (A) Parent's limited liability company existence and (B) liquid assets of not less than $2,000,000 to satisfy its potential obligation to pay Buyer any Purchase Price Deficit and to pay any Audit Fees under Section 2.3(f).

• Parent shall, within five Business Days after the final determination of the Final Closing Statement, pay Buyer an amount equal to the Purchase Price Deficit.

• Purchaser shall pay Seller ‎all proceeds received with respect to the Uncollected ‎Accounts Receivable, such proceeds to be remitted to Seller to Seller on a monthly ‎basis (within 10 days of the end of the month that such amounts were collected) together with an accounting thereof; provided, however, that for the avoidance of doubt, in no event shall Purchaser be obligated to remit any proceeds that are, in the aggregate with all such remittances, greater than the Purchase Price Deficit.

• The Indemnification Escrow Amount will secure the payment obligations of the Shareholder, the Phantom Unit Holders and the Noteholder under the indemnification obligations contained in Article XIII, and, to the extent that the Working Capital Escrow Amount is less than the Purchase Price Deficit, the difference may be satisfied from the Indemnification Escrow Amount.

More Definitions of Purchase Price Deficit

Purchase Price Deficit means the amount by which the Final Purchase Price is less than the Purchase Price paid by the Buyer pursuant to Section 2.4(b).

Purchase Price Deficit has the meaning set forth in Section 2.4(e).

Purchase Price Deficit shall have the meaning given such term in Section 2.3(d)(i).

Purchase Price Deficit shall have the meaning specified in subsection 2.2(b) of the PARCO Asset Purchase Agreement.

Purchase Price Deficit shall have the meaning assigned in Section 2.6(c).

Purchase Price Deficit means the amount, if any, by which the Final Purchase Price is less than the Initial Purchase Price.

Purchase Price Deficit means the amount by which the Final Purchase Price is less than the Purchase Price paid by the Buyer pursuant to Section 2.4(b) .