Closing Date Payment. At the Closing, Buyer shall pay to Sellers and the Receiver in accordance with the Allocation Schedule(s) in cash by wire transfer of immediately available funds an amount equal to the Cash Consideration, less the amount of the Deposit (such amount to be paid to Sellers at the Closing, the “Closing Date Payment”).
Appears in 2 contracts
Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.), Asset Purchase Agreement (Medicis Pharmaceutical Corp)
Closing Date Payment. At the Closing, Buyer shall pay the Cash to Sellers and the Receiver in accordance with the Allocation Schedule(s) in cash Seller by wire transfer of in immediately available funds an amount equal funds. Payment shall be made to a bank designated by Seller in writing not less than one business day prior to the Cash Consideration, less the amount of the Deposit (such amount to be paid to Sellers at the Closing, the “Closing Date Payment”).
Appears in 2 contracts
Samples: Stock Purchase Agreement (Safety Kleen Corp/), Stock Purchase Agreement (Safety Kleen Corp/)
Closing Date Payment. At the Closing, Buyer shall pay to Sellers and the Receiver in accordance with the Allocation Schedule(s) in cash by wire transfer of immediately available funds an amount equal funds, to the Cash Consideration, less the amount of the Deposit (such amount to be paid to Sellers at the Closingaccount(s) designated by Sellers, the “Closing Date Payment”)Aggregate Cash Consideration in accordance with the Funds Flow and Direction Agreement.
Appears in 1 contract
