Amount Payable at Closing Sample Clauses

Amount Payable at Closing. The purchase price to be paid to Seller by Buyer for the Purchased Assets shall be (a) the assumption of the Assumed Liabilities plus (b) $450,000,000, payable as described in the following sentence and subject to adjustment as provided in Section 1.5. At the Closing, Buyer shall (i) assume the Assumed Liabilities, and (ii) pay Seller $450,000,000 (less the amount of the Deposit and Accrued Interest, which shall be retained by Seller). Such cash purchase price payable at Closing, plus or minus the amounts paid pursuant to Section 1.5, as finally adjusted pursuant to Section 1.5, is hereinafter referred to as the Final Purchase Price.
Sample 1
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Amount Payable at Closing. (a) At the Closing, the Buyer shall pay to FFG, as agent for the Seller, the Estimated Purchase Price. The "Estimated Purchase Price" shall mean the sum of (i) the Premium and (ii) the Estimated Stockholders' Equity.
Sample 1
Amount Payable at Closing. (a) At the Closing, the Buyer shall pay to Seller Parent, as agent for the Seller, Four Hundred Ten Million Dollars ($410,000,000).
Sample 1
Amount Payable at Closing. (a) Subject to Section 2.4, the total amount payable at Closing for the Loans (the “Total Amount Payable”) shall be equal to (i) the Base Purchase Price, (ii) plus all Additional Advances, (iii) minus all payments received by Seller after the Cutoff Date, (iv) minus Outstanding Property Taxes, (v) minus any Escrow Amounts actually held by Seller as of the Closing Date, (vi) plus in the case of Performing Loans, all accrued but unpaid interest as of the Closing Date on such Performing Loans at the rate specified in the applicable Note or Loan Agreement, (vii) plus all Protective Advances.
Sample 1
Amount Payable at Closing. (a) The aggregate amount payable by Parent to the Shareholders pursuant to Section 1.8 (the "Amount Payable") shall be as set forth in this Section 1.6 and Section 1.7. Each of the Shareholders shall be entitled to receive that portion of each installment of the Amount Payable that is determined by multiplying the amount of cash or number of shares to be issued by the number of shares of Company Common Stock owned by that Shareholder at the Effective Time and dividing the product by the total number of shares of Company Common Stock issued and outstanding at the Effective Time.
Sample 1

Related to Amount Payable at Closing

  • Amount Payable The Subscriber will provide the funds required to purchase the Purchased Units (the “Purchase Price”) by no later than 10:00 a.m. on each Closing Date (as defined below) by certified cheque payable to the Partnership to be held in trust by the General Partner, and released in order to be applied to the purchase hereof. The Subscriber hereby instructs the General Partner to deal with the Purchase Price on the terms set forth herein.

  • Maximum Amount Payable The maximum amount payable under this contract without modification is shown in Attachment E, Fee Schedule. Payment under this contract beyond the end of the current fiscal biennium is subject to availability of appropriated funds. If funds are not appropriated, this contract shall be terminated immediately with no liability to either party.

  • Cash at Closing At Closing, Purchaser shall pay to Seller, by wire transferred current federal funds, an amount equal to the Purchase Price, minus the sum of the Xxxxxxx Money which Seller receives at Closing from the Escrowee, and plus or minus, as the case may require, the closing prorations and adjustments to be made pursuant to Section 4(C) below.

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arrangers and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such reasonable fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Amount Payable for Timber Current Contract Rates and Required Deposits in effect when the timber is Scaled shall be applied to the Scaled volume to deter- mine the amount Purchaser shall pay.

  • Payments at Closing At the Closing, Buyer shall:

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Funds at Closing Buyer and Seller agree that before the recording can take place, funds provided shall be in one (1) of the following forms: cash, interbank electronic transfer, money order, certified check or cashier’s check drawn on a financial institution located in the State, or any above combination that permits the Seller to convert the deposit to cash no later than the next business day.

  • Post-Closing Payments (a) On the first anniversary of the Closing Date, Buyer will pay to Seller or, to the extent designated by Seller in writing and in accordance with Section 3.11, to the Members in accordance with their respective Pro Rata Percentages, the remaining 33.33% of the Closing Cash Consideration, as finally determined in accordance with Section 3.4 (the “Deferred Cash Payment”), via wire transfer to the Seller’s Bank Account or the Member Bank Accounts, as applicable.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

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