Payment to Sellers. With respect to any Asset purchased by a Borrower from a Seller, each GWG Party shall cause such sale to be effected under, and in compliance with the terms of, the Sale and Servicing Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Seller in respect of the purchase price for such Asset. With respect to any Asset purchased by a Seller from an Initial Lender, Life Settlement Provider or Insured, as applicable, each GWG Party shall cause such sale to be effected under, and in compliance with the terms of, the applicable Purchase and Sale Agreement and Origination Agreement (if applicable), including, without limitation, the terms relating to the amount and timing of payments to be made to the Initial Lender, Life Settlement Provider or Insured, as applicable, in respect of the purchase price for such Asset.
Payment to Sellers. (i) Subject to Clauses 19(iii) 19(iv) and 19(v) the Auctioneers shall issue payment of the Sale Proceeds for a Lot to the Seller within ten Working Days of the payment for that Lot by the Buyer resulting in cleared funds in the Auctioneers’ bank.
Payment to Sellers. With respect to any Receivable sold by a Seller to the Transferor, the Transferor shall, and shall cause each Seller to, effect such sale under, and pursuant to the terms of, the Receivables Purchase Agreement, including, without limitation, the payment by the Transferor either in cash to or by a capital contribution from such Seller of an amount equal to the Purchase Price for such Receivable as required by the terms of the Receivables Purchase Agreement.
Payment to Sellers. With respect to any Receivable sold by a Seller to the Issuer, the Issuer shall effect such sale under, and pursuant to the terms of, the Purchase Agreement, including the payment by the Issuer either in cash to or by a capital contribution from the Seller of an amount equal to the purchase price for such Receivable as required by the terms of the Purchase Agreement.
Payment to Sellers. With respect to any Receivable purchased by SunGard Financing from the Sellers, such sale shall be effected under, and in strict compliance with the terms of, the First Step Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the Sellers in respect of the Purchase Price for such Receivable. With respect to any Receivable purchased by SunGard Funding II from SunGard Financing, such sale shall be effected under, and in strict compliance with the terms of, the Second Step Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to SunGard Financing in respect of the Purchase Price for such Receivable.
Payment to Sellers. Engage will pay you as Seller at least the minimum price that you indicated you are willing to accept to display a certain Ad on your Inventory, for each and every time Engage displays an Ad on your Inventory as recorded by Engage, where the Inventory meets Engage’s Policies for payable impressions. For each calendar month in which Ads are displayed on your Inventory, Engage will aggregate the amounts due to you from the associated payments received from Buyers (“Monthly Revenue”). Engage will report the Monthly Revenue to you after the end of such calendar month, and will pay you the Monthly Revenue within sixty (60) days after the end of the applicable calendar month. Engage may make payments only when an outstanding balance exceeds US $250.00 (or until termination o f your Account). All payments will be made in U.S. dollars. Payments are calculated solely based on records maintained by Engage. If you dispute any payments as recorded by Xxxxxx, you must notify Engage in writing within thirty (30) days of the date in which Monthly Revenue was reported to you. Failure to so notify Engage will result in your waiver of any claims related to such disputed payment. You acknowledge and agree that Engage shall be permitted to offer your inventory through any of Engage’s advertising sources including, but not limited to: ad networks, ad exchanges, ad agencies, direct advertisers, and programmatic buyers, unless mutually agreed upon exclusions are included in an Insertion Order. You acknowledge and agree that Engage shall have access to all of your existing buyers and you acknowledge and agree that Engage may board said buyers directly.
Payment to Sellers. Sellers hereby irrevocably direct Buyer to make payment of all funds payable to Sellers hereunder to an account designated in writing by New York Commercial Bank to Buyer.
Payment to Sellers. At Closing, Buyer shall deliver the Consideration ------------------ as designated by Sellers, with 1,666,667 of the Buyer Shares to be delivered to Xxxxxx X. Xxxxxxxx, and 833,333 of the Buyer Shares to be delivered to Xxxx X. Xxxxxxx.
Payment to Sellers. Notwithstanding anything in the Agreement to the contrary, Buyer may request that Seller provide it with a calculation of the amount of additional consideration (as determined in good faith by Sellers and as Sellers and Buyer mutually agree) necessary to cause each Seller’s after-Tax net proceeds from the sale of the Acquired Companies with a Section 338(h)(10) Election to be equal to the after-Tax net proceeds that each Seller would have received had the Section 338(h)(10) Election not been made, taking into account all appropriate state, federal and local income Tax implications (the “Tax Adjustment”); provided, however, that the Tax Adjustment shall be computed without regard to any tax imposed under Treasury Regulation Section 1.338(h)(10)-1(d)(2). If Buyer thereafter requests that Sellers make a Section 338(h)(10) Election with Buyer for the purchase of the Equity Interests, as a condition to making the Section 338(h)(10) Election, Buyer will pay to Sellers, an amount of cash equal to the Tax Adjustment, on the date when GB Ltd. delivers the properly completed and executed Form 8023 as described in Section 9.6.
Payment to Sellers. Contemporaneously with the execution of this Agreement, the Company will pay to LIP, by wire transfer of immediately available funds to a bank account designated by LIP, a purchase price of $30,000.00, and pay to LIOF, by wire transfer of immediately available funds to a bank account designated by LIOF, a purchase price of $10,000.00; such payments aggregating $40,000.00, referred to herein as the "Purchase Price."
