Cash Payment at the Closing Sample Clauses

Cash Payment at the Closing. On the Closing Date, Seller will transfer to Buyer, via wire transfer, a payment in immediately available funds in an amount that is equal to the amount calculated on the Preliminary Settlement Statement.
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Cash Payment at the Closing. On the Closing Date, Seller and Seller Parent shall pay to Buyer and Buyer Parent or Buyer and Buyer Parent shall pay to Seller and Seller Parent, as the case may be, by wire transfer of immediately available funds to such account as the appropriate party shall advise no later than one (1) Business Day prior to the Closing Date, the amount by which (i) the aggregate balance of the Liabilities (exclusive of the Liabilities described in Sections 2(d) and 2(e)) as of the close of business on the fifth Business Day immediately preceding the Closing Date exceeds the Estimated Purchase Price or (ii) the amount by which the Estimated Purchase Price exceeds the aggregate balance of the Liabilities as of the close of business on the fifth Business Day immediately preceding the Closing Date, as the case may be.

Related to Cash Payment at the Closing

  • 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.

  • Closing Payment The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (as hereinafter defined). The amount to be paid under this Section 3.2 is referred to herein as the “Closing Payment.”

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Payment at Closing; Fee Letters The Borrower shall have paid to the Administrative Agent and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder (including, without limitation, legal (including, without limitation, local counsel) fees and expenses) and 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.

  • Actions at the Closing At the Closing:

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • Deliveries at the Closing At the Closing:

  • Post-Closing Payment Payment to Shareholder of his portion of the Post-Closing Payment shall be made in the same manner as payments under the Additional Short-Term Note.

  • Transactions to be Effected at the Closing (a) At the Closing, Buyer shall:

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

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