Adjustment to Consideration. If any payment is made by the Seller to the Purchaser (or vice versa) in respect of any claim for any breach of this Agreement or pursuant to an indemnity, warranty or covenant to pay under this Agreement (or any agreement entered into under this Agreement), the payment shall, if and to the extent permitted by law, be treated as an adjustment of the consideration paid by the Purchaser for the Shares under this Agreement and the consideration shall be deemed to have been reduced (or increased, as the case may be) by the amount of such payment.
Appears in 2 contracts
Sources: Share Purchase Agreement (Aura Minerals Inc.), Share Purchase Agreement (Aura Minerals Inc.)
Adjustment to Consideration. If any payment is made by the Seller to the Purchaser (or vice versa) in respect of any claim for any breach of this Agreement or pursuant to an indemnity, warranty indemnity or covenant to pay under this Agreement (or any agreement entered into under this Agreement), the payment shall, if and to the extent permitted by law, be treated as an adjustment of the consideration Consideration paid by the Purchaser for the Shares under this Agreement and the consideration Consideration shall be deemed to have been reduced (or increased, as the case may be) by the amount of such payment.
Appears in 1 contract
Sources: Letter of Intent
Adjustment to Consideration. If any payment is made by the Seller to the Purchaser (or vice versa) in respect of any claim for any breach of this Agreement or pursuant to an indemnity, warranty or covenant to pay any indemnity under this Agreement (or any agreement entered into under this Agreementother Transaction Document), the payment shall, if and to the extent permitted by law, shall be treated as an adjustment of the consideration paid by the Purchaser for the Shares Share under this Agreement and the consideration shall be deemed to have been reduced (or increased, as the case may be) by the amount of such payment.
Appears in 1 contract