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upr000348 152

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upr000348-152
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University of Nevada, Las Vegas. Libraries

1 2 3 4 5 6 7 8 9 1 0 11 1 2 13 1 4 1 5 1 6 1 7 1|8 19 20 21 22 2 3 2 4 2 5 2 6 said fund until ordered to disburse the saute in accordance with the final Jud$ssent of a court of competent jurisdiction adjudicating the rights of the Seilers and the District to said fund, at which times you shall disburse the Purchase Price Adjustment Fund in ac­cordance with said final Judgment* After the final purchase price of the properties referred to in Section 1 of the Sale Agreement Is determined either by agreement of the parties or by final Judgment of & court of competent Jurisdiction in the event the parties here­to are unable to agree, you shall disburse the Purchase Price A d ­justment Fund as follows: (a) If the final purchase price is less than the Pre­liminary Purchase Price of $2,317,663*43, the Water Com­pany shall promptly pay to the District the difference be­tween the final price so determined and the Preliminary Purchase Price received by the Water Company upon the sale date, and you shall pay the District the entire amount of the Purchase Price Adjustment Fund of $157,332*75* (b) If the final purchase price is in excess of the Estimated Purchase Price of $2,475,046.18, the District shall promptly pay to the Water Company the difference be­tween said Estimated Purchase Price and the final purchase price of said properties, determined as in this section provided, and you shall pay the Water Company the entire amount of the Purchase Price Adjustment Fund of $157,332*75* (c) If the final purchase price shall be in excess of the Preliminary Purchase Price but less than the Estimated 10.