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Digital Provenance
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Publisher
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Transcription
r JL v ° t V° 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 a court of competent jurisdiction in the event the parties hereto are unable to agree, you shall disburse the Purchase Price Adjustment Fund as follows: (a) If the final purchase price is less than the Preliminary Purchase Price of $_______________ , 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 $________________ . (b) If the final purchase price is in excess of the Estimated Purchase Price of $_______________ , 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 $__________________ • (c) If the final purchase price shall be in
