Closing Payment Amount Sample Clauses

Closing Payment Amount. The consideration payable by Buyer for the purchase of the Shares and the Additional Assets is One Hundred Twenty-Three Million Dollars ($123,000,000) (the “Purchase Price”). On the Closing Date, Buyer shall pay the Purchase Price to Sellers by wire transfer of immediately available funds as set forth on Schedule 1.2 hereto. The Purchase Price is subject to adjustment as provided in Section 1.3 below.
AutoNDA by SimpleDocs
Closing Payment Amount. In consideration of the termination ---------------------- of the Distributor Agreement in accordance with Section 1 hereof, at the Closing, Purchaser, for itself and as agent for the Purchasing Subsidiaries, will deliver to Seller, for itself and as agent for the Assigning Subsidiaries, by wire transfer of immediately available funds to such account as shall have been designated by Seller to Purchaser for such purpose prior to the Closing, an amount equal to $5,226,000 (the "Closing Payment Amount").
Closing Payment Amount. The amount payable at the Closing shall be equal to Nine Million Five Hundred Thousand Dollars ($9,500,000), which is an estimate of Book Value at Closing (the "Closing Payment Amount" or "Estimated Closing Book Value").
Closing Payment Amount. At the Closing, Purchaser shall deliver or cause to be delivered to Sellers (and/or one or more of Sellers’ designees), in immediately available funds, the Closing Payment Amount.
Closing Payment Amount. The aggregate consideration to be paid by Buyer to Seller for the Purchased Equity Interests at Closing shall be (a) $140,000,000 (the “Closing Payment Amount”), plus or minus, as applicable, (b) the adjustments pursuant to Section 2.5.
Closing Payment Amount. The cash amount payable by the Purchaser to the Seller at Closing (the “Closing Payment Amount”) shall be an amount equal to [***].
Closing Payment Amount. Purchaser will pay or cause to be paid to Sellers, in accordance with each Seller’s Pro Rata Share, by wire transfer of immediately available funds to such accounts as designated in writing by each Seller at least two (2) Business Days prior to the Closing Date, an aggregate amount equal to the Estimated Purchase Price minus an aggregate amount equal to the initial Holdback Amount and the Expense Reserve Holdback and excluding any portion of the Earnout Payment that becomes payable in accordance with Section 1.8 (the “Closing Payment Amount”).
AutoNDA by SimpleDocs
Closing Payment Amount. Subject to adjustment as set forth in Section 1.4, on the Closing Date, the Purchaser will pay to the Seller an aggregate amount equal to (i) the Closing Cash Consideration Amount, minus (ii) the General Escrow Amount, minus (iii) the Special Escrow Amount, minus (iv) the Indebtedness Payoff Amount, minus (v) the unpaid Transaction Expenses, plus (vi) the amount of Cash as of the Closing, plus (vii) the Estimated Working Capital Surplus, if applicable, minus (viii) the Estimated Working Capital Shortfall, if applicable (such net amount, the “Closing Payment Amount”), by wire transfer of immediately available funds in the amount and to the bank account(s) set forth on the Funds Flow. Upon receipt of the Closing Payment Amount by the Seller or its designees in accordance with the Funds Flow, the Purchaser will have no further liability arising out of the further distribution of the Closing Payment Amount to the Seller Parties and other holders of Securities of the Seller.
Closing Payment Amount. (a) At least eight (8) Business Days prior to the Closing Date, Seller will prepare and deliver to Purchaser the Closing Statement, together with the underlying supporting calculations.
Closing Payment Amount. On the Scheduled Closing Date, Purchaser shall pay to Seller:
Time is Money Join Law Insider Premium to draft better contracts faster.