Completion Payment. 3.2.1 On Completion, the Purchaser shall pay to the Notary Account the sum of: (a) the Base Purchase Price minus the Leakage Amount; plus (b) the Shareholder Loans Nominal Value, (the “Completion Amount”). 3.2.2 The payment referred to in Clause 3.2.1 shall be made without any set-off or counterclaim and in addition will be free and clear of, and without any deduction of withholding for or on account of, any tax or other deductions of any nature.
Appears in 1 contract
Sources: Share Purchase Agreement (Alternus Clean Energy, Inc.)
Completion Payment. 3.2.1 On Completion, the Purchaser shall pay to the Notary Account the sum of:
(a) the Base Purchase Price minus the Leakage Amount; plus
(b) the Shareholder Loans Loan Nominal Value, (the “Completion Amount”).
3.2.2 The payment referred to in Clause 3.2.1 shall be made without any set-off or counterclaim and in addition will be free and clear of, and without any deduction of withholding for or on account of, any tax or other deductions of any nature.
Appears in 1 contract
Sources: Share Purchase Agreement (Alternus Clean Energy, Inc.)