Payments Required. Any payment required to be made under this Section 9.04 shall be (i) paid by the Buyer to the Seller by wire transfer of immediately available funds to an account designated by the Seller within five business days after demand by the Seller and (ii) net of any other payments made by the Buyer to the Seller pursuant to the provisions of Section 9.02(b).
Appears in 2 contracts
Sources: Merger Agreement (Seacoast Financial Services Corp), Merger Agreement (Home Port Bancorp Inc)