Purchase Price Reduction definition

Purchase Price Reduction has the meaning set forth in Section 2.3(a) hereof.

Purchase Price Reduction shall have the meaning specified in Section 2.4(c).

Purchase Price Reduction means the aggregate amount of deferred revenues of the Business as of the Closing Date minus the amount of prepaid rent of the Business as of the Closing Date, in each case as mutually agreed upon by the parties.

Examples of Purchase Price Reduction in a sentence

• The portion of the Aggregate Closing Purchase Price Reduction applied to the Aggregate Closing Purchase Price shall be applied on a pro rata basis among the Principals in accordance with the percentages set forth on Schedules 2.6.1(a) and 2.6.1(b).

• The said penalty imposed on the Noticees, as mentioned above, is commensurate with the violation committed and acts as a deterrent factor for the Noticee and others in protecting the interest of investors.

• Any Purchase Price Reduction made pursuant to this Section 3.6 shall be evidenced by written instrument signed by Seller and Purchaser.

• Eighty percent (80%) of the Aggregate Closing Purchase Price Reduction shall be applied to reduce the Seller Closing Cash Payment and the remaining twenty percent (20%) shall be applied to reduce the Principal Closing Equity Payment.

• The Aggregate Closing Purchase Price shall be reduced by an amount equal to the Aggregate Closing Purchase Price Reduction.

More Definitions of Purchase Price Reduction

Purchase Price Reduction means $5,000,000.

Purchase Price Reduction shall have the meaning defined in art. 2.3.1 (i) of this Agreement.

Purchase Price Reduction is defined in Section 1.5(e).

Purchase Price Reduction has the meaning set out in Section 2.04(10).

Purchase Price Reduction has the meaning given to it in Section 6.9.

Purchase Price Reduction as defined in Section 2.6.2 herein.

Purchase Price Reduction. Section 2.3(b)