Cash Consideration. In case of the issuance or sale of additional Shares for cash, the consideration received by the Company therefor shall be deemed to be the amount of cash received by the Company for such Shares (or, if such Shares are offered by the Company for subscription, the subscription price, or, if such Shares are sold to underwriters or dealers for public offering without a subscription offering, the public offering price), without deducting therefrom any compensation or discount paid or allowed to underwriters or dealers or others performing similar services or for any expenses incurred in connection therewith.
Cash Consideration. The sum of Three Million Five Hundred Thousand and 00/100s Dollars ($3,500,000.00) (including the Deposit), subject to adjustment as provided in Article 9, shall be deposited into escrow with the Escrow Agent by wire transfer of immediately available funds and released to Seller at the Closing.
Cash Consideration. In case of the issuance of Additional Common Stock for cash, the consideration received by the Company therefor shall be deemed to be the net cash proceeds received by the Company for such Additional Common Stock after deducting any commissions or other expenses paid or incurred by the Company for any underwriting of, or otherwise in connection with the issuance of, such Additional Common Stock.
Cash Consideration. In case of the issuance or sale of Additional Shares of Common Stock for cash, the consideration received by the Company therefor shall be deemed to be the amount of cash received by the Company for such shares.
Cash Consideration. As partial consideration for the grant of the Option by NEOMED to Artelo and the supply of the Technology Transfer Materials, Artelo shall make the following payments to NEOMED: (a) [***] due on the Effective Date, (b) [***], (c) [***], and (d) [***]; provided that if any of the foregoing payments have not accrued and become due prior to the earlier to occur of (i) the exercise of the Option by Artelo, and (ii) termination of this Agreement by Artelo pursuant to Section 12.2 hereof, then Artelo’s payment obligations with respect to such payments that have not accrued and become due shall be extinguished and become null and void. If Artelo is unable to receive the Required Compound Supply within [***] after the Effective Date, then the due date for the payments owing under clauses (c) and (d) of this Section 5.1.2 shall be extended by the length of the period required for Artelo to receive the Required Compound Supply. Notwithstanding the foregoing, the due date for the payments owing under clauses (c) and (d) of this Section 5.1.2 will not be extended by more than [***].
Cash Consideration. No later than 31 December 2015, Nation shall pay by wire transfer to an account designated by Paltar the sum of $769,143. If Nation fails timely to pay this amount to Paltar, this Agreement shall terminate and neither Party shall have any further obligation to the other.
Cash Consideration. Each outstanding share of QBT Stock that under the terms of Section 2.07 is to be converted into the right to receive cash (the “Cash Consideration”) shall be converted into the right to receive a cash payment of $12.00.
Cash Consideration. Upon execution of this Agreement, Nation will execute and deliver to Paltar its promissory note in the original principal amount of A$24,322,501, with payment guaranteed by Nation Wyoming. The principal amount reflects the total cash consideration due under a total of seven earning agreements (six granted by Paltar and one by a Paltar subsidiary, Officer Petroleum Pty Ltd) of even date; the portion of the principal amount allocated to this Agreement (the “Cash Consideration”) is A$3,421,843. The allocated amount comprises A$769,143 previously promised and accounted for as consideration for the Original Earning Agreement and an additional A$2,652,700 as consideration for the new rights being granted in the remaining Blocks in the Permit Area.
Cash Consideration. As consideration for the License and the performance of InNexus1 obligations under this Agreement, Beglend will pay InNexus $60,000 (U.S. funds) within three business days next following the Effective Date. This license will not become effective until payment of the Cash Consideration.
Cash Consideration. Within five (5) business days after the complete execution of this Agreement by all Parties, RIDGEWOOD shall pay to NEWFIELD the sum of Two Million Four Hundred and Thirty-two Thousand, Two Hundred and Fifty ($2,432,250.00) (the “Cash Consideration”) by wire transfer to the account designated by NEWFIELD in writing to RIDGEWOOD. Such Cash Consideration shall be nonrefundable in all circumstances, except as otherwise provided for in Section 2.1 of this Agreement.