Common use of Third Purchase Price Clause in Contracts

Third Purchase Price. An additional third purchase price (the Third Purchase Price), if any, shall amount up to USD 5 (five) million and shall be paid at the Third Payment Date in accordance with the calculation principles, the allocation schedule and the payment terms and conditions outlined in EXHIBIT 2.3. The Parties explicitly agree and confirm that the claim for the Third Purchase Price shall become existent (entstehen) not prior to the Third Payment Date.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Oncovista Innovative Therapies, Inc), Stock Purchase Agreement (Oncovista Innovative Therapies, Inc), Stock Purchase Agreement (Oncovista Innovative Therapies, Inc)