Common use of Adjustment of Price Clause in Contracts

Adjustment of Price. Any sum payable to the Purchaser from the Escrow Amount shall be treated as a reduction in the Price by an equal amount.

Appears in 2 contracts

Sources: Share and Asset Sale and Purchase Agreement (Image Sensing Systems Inc), Share and Asset Sale and Purchase Agreement (Image Sensing Systems Inc)

Adjustment of Price. Any sum payable to the Purchaser from the Escrow Amount in respect of any Warranty Claim shall be treated as a reduction in the Price by an equal amount.

Appears in 1 contract

Sources: Share and Asset Sale and Purchase Agreement (Image Sensing Systems Inc)