Examples of Unadjusted Purchase Price in a sentence
Buyer represents that the Allocated Values constitute reasonable and good faith allocations of the Unadjusted Purchase Price among the Assets.
Seller and Buyer agree that the Allocated Values shall be used to compute any adjustments to the Unadjusted Purchase Price pursuant to this Agreement.
In the event that Buyer is denied the ability to conduct due diligence with respect to any Asset under the foregoing clauses (i) and (ii) despite Seller having used the requisite reasonable efforts to gain Buyer access, then Buyer may elect to have Seller retain the entirety of any such Asset at the Closing, in which event the Unadjusted Purchase Price shall be reduced by an amount equal to the Allocated Value of the Asset.
Provided, however, in no event shall the failure of Seller to obtain the consent of SST Energy Corporation allowing Buyer to assign that certain Drilling Contract dated July 11, 2011 between Seller and SST Energy Corporation result in a reduction of the Unadjusted Purchase Price or result in any exclusion of Assets, other than the exclusion of said Drilling Contract.
Notwithstanding the foregoing, if Seller withholds its consent to any Inspection Request, then such Asset may be excluded by Buyer, at Buyer’s discretion, from the sale under this Agreement and the Unadjusted Purchase Price shall be reduced by the Allocated Value of such excluded Assets.