Additional Purchase Payment Obligation Clause Samples

Additional Purchase Payment Obligation. Concurrently with the applicable Additional Closing, on the terms and subject to the conditions herein, the Investors, severally and not jointly, shall fund to the Company (i) in respect of the Additional Series B Units, the Additional Series B Purchase Price, and (ii) in respect of the Additional Common Units, the Additional Common Unit Purchase Price. Concurrently with the applicable Additional Closing, on the terms and subject to the conditions set forth herein, the Additional Purchase Price shall be paid by wire transfer of immediately available funds to an account or accounts designated by the Company Parties, such designation to be provided not later than at least two (2) Business Days prior to the closing of such Additional Purchase.