Common use of Adjustment to Estimated Purchase Price Clause in Contracts

Adjustment to Estimated Purchase Price. (i) If the Actual Adjustment is a positive amount, then within three Business Days after the date on which the Purchase Price is finally determined pursuant to Section 2.3(d), Buyer shall pay to Seller an amount equal to the Actual Adjustment, by wire transfer or delivery of other immediately available funds. (ii) If the Actual Adjustment is a negative amount, then within three Business Days after the date on which the Purchase Price is finally determined pursuant to Section 2.3(d) above, Seller shall pay to Buyer an amount equal to the Actual Adjustment, by wire transfer or delivery of other immediately available funds.

Appears in 1 contract

Sources: Stock Purchase Agreement (Cott Corp /Cn/)

Adjustment to Estimated Purchase Price. (i) If the Actual Adjustment is a positive amount, then within three Business Days after the date on which the Purchase Price is finally determined pursuant to Section 2.3(d2.3(c), Buyer shall pay to Seller an amount equal to the Actual Adjustment, by wire transfer or delivery of other immediately available funds. (ii) If the Actual Adjustment is a negative amount, then within three Business Days after the date on which the Purchase Price is finally determined pursuant to Section 2.3(d) above2.3β€Ž(c), Seller shall pay to Buyer an amount equal to the absolute value of the Actual Adjustment, by wire transfer or delivery of other immediately available funds.

Appears in 1 contract

Sources: Stock Purchase Agreement (3d Systems Corp)