Examples of Collar Amount in a sentence
If the Net Adjustment Amount is positive and exceeds the Collar Amount, then the Purchase Price will be adjusted upward by the full amount of the Net Adjustment Amount, and Purchaser will pay or cause to be paid an amount in cash equal to the Net Adjustment Amount to Seller by wire transfer of immediately available funds to an account or accounts designated in writing by Seller to Purchaser.
Within three (3) days of the final determination of Purchase Price pursuant to Section 2.3(b), (1) Buyer shall pay to Seller any increase in the Purchase Price or (2) Seller shall refund to Buyer any decrease in the Purchase Price; provided that the absolute value of any increase or decrease in Purchase Price pursuant to this Section 2.3 or otherwise under this Agreement shall not exceed the Collar Amount.
Section 3.1 Code Section 12.1 Collar Amount Section 2.3(a) Confidentiality Agreement.