Common use of Cash Consideration Clause in Contracts

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.

Appears in 3 contracts

Samples: Nation Energy Inc, Nation Energy Inc, Nation Energy Inc

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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 terminate, Paltar shall retain the share consideration described in Clause 2.1, and neither Party shall have any further obligation to the other.

Appears in 2 contracts

Samples: Nation Energy Inc, Nation Energy Inc

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Cash Consideration. No later than 31 December 2015, Nation shall pay by wire transfer to an account designated by Paltar Pxxxxx 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.

Appears in 1 contract

Samples: Nation Energy Inc

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