Common use of Imputed Interest Clause in Contracts

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser and Seller shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser and Seller deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 3 contracts

Samples: Stock Issuance and Purchase Agreement (Uqm Technologies Inc), Escrow Agreement (Uqm Technologies Inc), Escrow Agreement (Photomedex Inc)

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Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser and the Seller Parties shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser and the Seller Parties deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pattern Energy Group Inc.), Purchase and Sale Agreement

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser Buyer and Seller Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser Buyer and Seller Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser and Seller Sellers Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser and Seller Sellers Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Vocera Communications, Inc.)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser Buyer and Seller shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser Buyer and Seller deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Samples: Stock Purchase Agreement (Plantronics Inc /Ca/)

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Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser Buyer and Seller Company shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent through a Joint Written Direction to disburse imputed interest amounts as Purchaser Buyer and Seller Company deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Samples: Asset Sale Agreement (Nant Health, LLC)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser Buyer and Seller shall so inform the Escrow Agent, provide the Escrow Agent with all imputed interest calculations and direct the Escrow Agent to disburse imputed interest amounts as Purchaser Buyer and Seller deem appropriate. The Escrow Agent shall rely solely on such provided calculations and information and shall have has no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Samples: Restrictive Covenant Agreement (Pico Holdings Inc /New)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Purchaser and Seller Stockholders’ Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Purchaser and Seller Stockholders’ Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Samples: Escrow Agreement (Bordes Peter a Jr)

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