Additional Cash Sample Clauses

Additional Cash. Seller's cash in excess of that specified in Section 1.01(c).
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Additional Cash. Additional cash in the amount necessary to pay Buyer's share of closing costs and prorations, as hereinafter set forth;
Additional Cash. After the Closing, Wien (NJ) shall use its commercially reasonable efforts to file a Form SB-2 with the Commission and, within five days of the Commission deeming such form effective, MM2 shall use its commercially reasonable efforts to increase the cash on its balance sheet by $1,100,000 pursuant to the financing documents executed in March 2005.
Additional Cash. (a) During the period beginning on the date one hundred twenty (120) days following the Effecting Date and ending on the first anniversary of the Effective Time (the "Collection Period"), Evita shall pay to Xxxxxx, or such other Person as Xxxxxx may direct, within fifteen (15) days following the end of each calendar month (each, a "Collection Month") during the Collection Period, an amount equal to the product obtained by multiplying the Gross AR collected by Evita or Evita Sub (less all reasonable third party collection costs incurred by Evita or Evita Sub in connection with the collection of such Gross AR) ("Collected Accounts Receivable") during each such applicable Collection Month by seventy percent (70%); provided, however, that if such Collected Accounts Receivable relates to advertising sales by Xxxxxx or its Subsidiaries in connection with the Xxxxxx Online Business for which Xxxxxx or its Subsidiaries are not obligated to compensate its inventory partners unless and until Xxxxxx and its Subsidiaries collect from such advertising customers ("Collected Net AR"), then the amount payable by Evita to Xxxxxx pursuant to this Section 2.12 with respect to such Collected Net AR shall equal the product obtained by multiplying seventy percent (70%) by the difference of (x) the Collected Net AR, less (y) the Net AP related to such Collected AR. The sum of all payments made to Xxxxxx under this Section 2.12 shall be referred to as the "Additional Cash."
Additional Cash. Cash, by checks or by wire transfers, in the total amount of Nine Hundred Fifty Thousand Dollars ($950,000) made payable to Company, in six (6) quarterly installments beginning three (3) months after the Closing, as provided below. The unpaid amount described in this paragraph shall bear interest at the Prime Rate, as published in the Wall Street Journal, as adjusted during the term of the obligation, from the Closing Date until paid. The first quarterly installment shall equal $225,000 plus accrued interest, the second, third, fourth and fifth quarterly installment shall equal $158,333 plus accrued interest and the sixth quarterly installment shall equal 91,668 plus accrued interest. If at any time or from time to time Buyer shall be entitled to be paid any amount pursuant to this agreement, Buyer shall be entitled, if it so elects, to set-off such amount against the amount payable under this paragraph 1.2(b). This right of set-off shall be in addition to and not in substitution of any other rights to which Buyer shall be entitled. The obligation described in this paragraph shall be secured pursuant to a Security Agreement in the form of Schedule 1.2(b) (the “Security Agreement”) and Financing Statement UCC-1.
Additional Cash. Cash, by check or by wire transfer, in the total amount of Three Hundred Thousand Dollars ($300,000) made payable to the Xxxxxx & Associates Attorney Client Trust Account in two installments as provided below. Each installment shall bear interest at the rate of five and one-half percent (5.5%) per year from the Closing Date until paid, and interest shall be payable on each installment when such installment is due. If at any time or from time to time Buyer shall be entitled to be paid any amount pursuant to this agreement, Buyer shall be entitled, if it so elects, to set-off such amount against the amount payable under this paragraph 1.2(b). This right of set-off shall be in addition to and not in substitution of any other rights to which Buyer shall be entitled. Buyer shall use all reasonable efforts to collect the Acquired Accounts Receivable. If Buyer has not collected any portion of the Acquired Accounts Receivable within 115 days after the Closing Date, in addition to any other rights or remedies, Buyer may elect to set-off any uncollected Acquired Accounts Receivable against the payment required under Section 1.2(b)(ii) below. Following any such set-off, Buyer shall transfer the uncollected Acquired Accounts Receivable to Company.
Additional Cash. Additional cash in the amount necessary to pay all Escrow costs and prorations, as hereinafter set forth.
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Additional Cash. Contributions After the Exploration Obligation has been satisfied, the Participants shall contribute funds for Approved Exploration Programmes and Budgets in proportion to their respective Participating Interests, subject to their rights to conduct Sole Risk Ventures.
Additional Cash. Seller's cash and cash equivalents.
Additional Cash. Additional cash in the amount necessary to pay Optionee's share of closing costs and prorations, as hereinafter set forth;
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