Common use of CONSIDERATION AND ADJUSTMENTS Clause in Contracts

CONSIDERATION AND ADJUSTMENTS. 3.1 Subject to sub-Clause 3.3 below, the consideration for the sale of the Sale Shares shall be US$[o] payable in cash by the Purchaser on Completion (the "ESTIMATED CONSIDERATION"). 3.2 The payment under sub-Clause 3.1 shall be paid to the correspondent bank named below for credit to the US Dollar account of o (the "ICI ACCOUNT") referred to below: Correspondent bank: Bank account: Account name: Account no: Sort code: 3.3 Any payments to the Purchaser under this agreement shall be paid to the correspondent bank named below for credit to the US Dollar account of o (the "PURCHASER ACCOUNT") referred to below: Correspondent bank: Bank account: Account name: Account no: Sort code: 3.4 The Final Consideration shall be determined and any difference between the Estimated Consideration and the Final Consideration shall be paid in accordance with the provisions of Schedule 6.

Appears in 1 contract

Sources: Share Sale and Purchase Agreement (Nl Industries Inc)

CONSIDERATION AND ADJUSTMENTS. 3.1 Subject to sub-Clause 3.3 3.4 below, the consideration for the sale of the Sale Shares shall be US$[o] payable in cash by the Purchaser on Completion (the "ESTIMATED CONSIDERATION"). 3.2 The payment under sub-Clause 3.1 shall be paid to the correspondent bank named below for credit to the US Dollar account of o (the "ICI ACCOUNT") referred to below: Correspondent bank: Bank account: Account name: Account no: Sort code: 3.3 Any payments to the Purchaser under this agreement shall be paid to the correspondent bank named below for credit to the US Dollar account of o (the "PURCHASER ACCOUNT") referred to below: : 3.4 Correspondent bank: Bank account: Account name: Account no: Sort code: 3.4 3.5 The Final Consideration shall be determined and any difference between the Estimated Consideration and the Final Consideration shall be paid in accordance with the provisions of Schedule 6.

Appears in 1 contract

Sources: Share Sale and Purchase Agreement (Nl Industries Inc)