Common use of Imputed Interest Clause in Contracts

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor and Recipient shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor and Recipient deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 6 contracts

Sources: Escrow Agreement, Escrow Agreement, Escrow Agreement

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Purchaser and Recipient Seller shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Purchaser and Recipient Seller deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 3 contracts

Sources: Stock Issuance and Purchase Agreement (Uqm Technologies Inc), Stock Issuance and Purchase Agreement (Uqm Technologies Inc), Escrow Agreement (Photomedex Inc)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor and Recipient shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor and Recipient deem deems appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Aradigm Corp), Escrow Agreement (Aradigm Corp)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Buyer and Recipient Seller Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Buyer and Recipient Seller Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 2 contracts

Sources: Equity Interest Purchase Agreement, Equity Interest Purchase Agreement

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Purchaser and Recipient the Seller Parties shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Purchaser and Recipient the Seller Parties deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Pattern Energy Group Inc.), Purchase and Sale Agreement

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Purchaser and Recipient Stockholders’ Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Purchaser and Recipient Stockholders’ Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Sources: Escrow Agreement (Bordes Peter a Jr)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Buyer and Recipient Company shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent through a Joint Written Direction to disburse imputed interest amounts as Depositor Buyer and Recipient Company deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Sources: Asset Sale Agreement (Nant Health, LLC)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Buyer and Recipient Seller shall so inform the Escrow Agent, provide the Escrow Agent with all imputed interest calculations and direct the Escrow Agent to disburse imputed interest amounts as Depositor Buyer and Recipient Seller deem appropriate. The Escrow Agent shall rely solely on such provided calculations and information and shall have has no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Sources: Asset Purchase Agreement (Pico Holdings Inc /New)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Buyer and Recipient Seller shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Buyer and Recipient Seller deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Sources: Stock Purchase Agreement (Plantronics Inc /Ca/)

Imputed Interest. To the extent that IRS imputed interest regulations apply, Depositor Purchaser and Recipient Sellers Representative shall so inform Escrow Agent, provide Escrow Agent with all imputed interest calculations and direct Escrow Agent to disburse imputed interest amounts as Depositor Purchaser and Recipient Sellers Representative deem appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Vocera Communications, Inc.)