Closing Payment; Purchaser Premium Sample Clauses

Closing Payment; Purchaser Premium. At the Closing, Assignor shall pay to Purchaser (or, if applicable, Purchaser shall pay to Assignor) the Closing Payment, calculated pursuant to Section 3.1(b), as reflected on the Closing Statement. The amount paid at the Closing shall be subject to subsequent adjustment based on the Final Closing Statement, prepared pursuant to Section 3.3. In addition, at the Closing, Purchaser shall pay to Assignor the Purchaser Premium calculated pursuant to Section 3.1(d) based on the Closing Statement. The amount of the Closing Payment paid at the Closing and the amount of the Purchaser Premium paid at the Closing shall be subject to adjustment based on the Final Closing Statement with the Purchaser Premium computed based on the average daily balance (including Accrued Interest and Fees) of the Assumed Deposits for the thirty (30) calendar days preceding and including the Closing Date, calculated as follows: (i) the average daily balance (including Accrued Interest and Fees) for the calendar days of the month during which the Closing Date occurs; and (ii) to the extent there are less than thirty (30) calendar days in the period specified in clause (i), the average daily balance (including Accrued Interest and Fees) for the calendar month immediately preceding the month in which the Closing Date occurs shall be the average daily balance (including Accrued Interest and Fees) for each day not included in clause (i) .
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Closing Payment; Purchaser Premium. At the Closing, Seller shall pay to Purchaser (or, if applicable in accordance with Section 3.1(b), Purchaser shall pay to Seller) the Closing Payment, calculated pursuant to Section 3.1(b), as reflected on the Closing Statement. The amount paid at the Closing shall be subject to subsequent adjustment based on the Final Closing Statement, prepared pursuant to Section 3.3. In addition, at the Closing, Purchaser shall pay to Seller the Purchaser Premium calculated pursuant to Section 3.1(c) based on the Closing Statement. The amount so paid to Seller on account of the Purchaser Premium shall be subject to adjustment based on the Final Closing Statement with the Purchaser Premium computed using the same methodology set forth in Section 3.1(c) but computed by reference to the thirty (30) calendar days preceding and including the Closing Date (rather than the fifth (5th) calendar day before the Closing Date). Table of Contents
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Closing Payment; Purchaser Premium. At the Closing, Assignor shall pay to Purchaser (or, if applicable, Purchaser shall pay to Assignor) the Closing Payment, calculated pursuant to Section 3.1(b), as reflected on the Closing Statement. The amount paid at the Closing shall be subject to subsequent adjustment based on the Final Closing Statement, prepared pursuant to Section 3.3. In addition, at the Closing, Purchaser shall pay to Assignor the Purchaser Premium calculated pursuant to Section 3.1(d) based on the Closing Statement. The amount so paid by Assignor including on account of the Purchaser Premium shall be subject to adjustment based on the Final Closing Statement with the Purchaser Premium computed based on the month-to-date average daily balance (including Accrued Interest and Fees) of the Assumed Deposits for the calendar month in which the Closing occurs up to and including the Closing Date.
Sample 1

Related to Closing Payment; Purchaser Premium

  • 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.”

  • Closing Payments At the Closing, Parent shall pay or cause to be paid the following amounts by wire transfers of immediately available funds:

  • 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.

  • Post-Closing Payments (a) On the first anniversary of the Closing Date, Buyer will pay to Seller or, to the extent designated by Seller in writing and in accordance with Section 3.11, to the Members in accordance with their respective Pro Rata Percentages, the remaining 33.33% of the Closing Cash Consideration, as finally determined in accordance with Section 3.4 (the “Deferred Cash Payment”), via wire transfer to the Seller’s Bank Account or the Member Bank Accounts, as applicable.

  • Closing; Payment for the Mortgage Loans The closing of the purchase and sale of the Mortgage Loans shall be held at the New York City office of Xxxxxxx Xxxxxxxx & Xxxx LLP at 10:00 AM New York City time on the Closing Date. The closing shall be subject to each of the following conditions:

  • Subsequent Purchase Price Payments On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Company shall pay to each Originator the Purchase Price for the Receivables generated by such Originator on such Payment Date:

  • Closing Purchase Price The Closing Purchase Price (the "Closing Purchase Price") shall be paid or delivered by Buyer at Closing in the following manner:

  • Closing Fee On the Effective Date, the Borrower agrees to pay to the Administrative Agent and each Lender all loan fees as have been agreed to in writing by the Borrower and the Administrative Agent.

  • Seller’s Closing Costs Seller shall pay the following costs in connection with the consummation of the Closing: (i) all of the charges and transfer taxes for recording the deeds; (ii) all commissions owed to any broker in accordance with the terms of a separate agreement between Seller and such broker; and (iii) all other charges incurred by the Seller in connection with this Agreement (including, without limitation, the fees and expenses for the Seller’s attorneys and other consultants).

  • Contingent Purchase Price On the Final Settlement Date, the Buyer shall pay the Lessee Representative, on behalf of the Lessees, in accordance with the Waterfall, the Contingent Purchase Price. In the event the Buyer does not have sufficient Available Funds to pay the Contingent Purchase Price solely as a result of (i) Marketing Services Provider’s failure to timely pay to the Buyer the Device Net Sale Proceeds in accordance with the Support Services Agreement or in respect of Marketing Services Provider’s collection of Device Net Sale Proceeds occurring after the Final Settlement Date and/or (ii) Forward Purchaser’s failure to timely pay to the Buyer all amounts due and owing under the Forward Purchase Agreement (the “Insufficient Amount”), the Lessees hereby agree that the Contingent Purchase Price shall be reduced by the Insufficient Amount (so long as the Contingent Purchase Price shall not be less than zero after giving effect to such reduction) and the Buyer shall transfer any claim it has to the Insufficient Amount to the Lessee Representative and agrees to cooperate with Lessee Representative in connection with pursuing any claim for the Insufficient Amount as reasonably requested by Lessee Representative from time to time.

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