Net Closing Figure Excess. If the Actual Net Closing Figure exceeds the Estimated Net Closing Figure, then, within five (5) Business Days after the Determination Date, Purchaser shall pay (via wire transfer of immediately available funds into the applicable bank account designated by Seller Representative on the Closing Payment Certificate) to Seller Representative an amount equal to such excess.
Appears in 1 contract
Sources: Equity Purchase Agreement (Innovex Downhole Solutions, Inc.)
Net Closing Figure Excess. If the Actual Net Closing Figure exceeds the Estimated Net Closing Figure, then, within five (5) Business Days after the Determination Date, Purchaser shall pay (via wire transfer of immediately available funds into the applicable bank account designated by Seller Representative Sellers on the Closing Payment Certificate) to Seller Representative Sellers an amount equal to such excess.
Appears in 1 contract
Sources: Equity Purchase Agreement (Innovex International, Inc.)