{"component": "clause", "props": {"groups": [{"samples": [{"hash": "eMfPHoatBwt", "uri": "/contracts/eMfPHoatBwt#closing-payment", "label": "Equity Purchase Agreement (Hospitality Properties Trust)", "score": 30.4182071686, "published": true}, {"hash": "2WSWfqGl2t3", "uri": "/contracts/2WSWfqGl2t3#closing-payment", "label": "Equity Purchase Agreement (Spirit MTA REIT)", "score": 30.4182071686, "published": true}], "size": 32, "snippet_links": [{"key": "at-the-closing", "type": "definition", "offset": [0, 14]}, {"key": "buyer-shall", "type": "clause", "offset": [16, 27]}, {"key": "cash-available", "type": "clause", "offset": [44, 58]}, {"key": "lines-of-credit", "type": "definition", "offset": [59, 74]}, {"key": "other-sources", "type": "definition", "offset": [78, 91]}, {"key": "immediately-available-funds", "type": "definition", "offset": [95, 122]}, {"key": "to-pay", "type": "clause", "offset": [136, 142]}, {"key": "base-purchase-price", "type": "definition", "offset": [147, 166]}, 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"conditions-precedent-to-the-obligations-of-the-parties", "type": "clause", "offset": [3288, 3342]}, {"key": "fee-information", "type": "clause", "offset": [3514, 3529]}, {"key": "and-pricing", "type": "clause", "offset": [3530, 3541]}, {"key": "to-buyer", "type": "definition", "offset": [3685, 3693]}, {"key": "payment-of", "type": "clause", "offset": [3756, 3766]}, {"key": "customary-fees", "type": "clause", "offset": [3767, 3781]}, {"key": "no-side-letters", "type": "clause", "offset": [3794, 3809]}, {"key": "other-agreements", "type": "definition", "offset": [3813, 3829]}, {"key": "a-party", "type": "clause", "offset": [3900, 3907]}, {"key": "buyer-acknowledges", "type": "clause", "offset": [4075, 4093]}, {"key": "receipt-of", "type": "clause", "offset": [4103, 4113]}, {"key": "third-party-financing", "type": "clause", "offset": [4114, 4135]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [4193, 4225]}], "snippet": "At the Closing, Buyer shall have sufficient cash available lines of credit or other sources of immediately available funds to enable it to pay the Base Purchase Price and Prepayment Premium and promptly pay any other amounts to be paid by it pursuant to and in connection with this Agreement and the Debt Financing (collectively, the \u201cAcquisition Amounts\u201d). Without limiting the generality of the foregoing, a true and complete copy of the commitment letter, dated as of the date hereof, among Buyer, BofA Securities, Inc. and Bank of America, N.A. (together with the Fee Letter (as defined below) and all exhibits, annexes, schedules and joinders thereto, the \u201cDebt Commitment Letter\u201d), has been provided to Parent, pursuant to which the lenders and other Persons party thereto (collectively, the \u201cLenders\u201d) have agreed, subject to the terms and conditions set forth therein, to provide debt financing in the amounts set forth therein for the purpose, among others, of financing the transactions contemplated by this Agreement and the related fees and expenses to be incurred by Buyer in connection therewith and for the other purposes set forth therein. As of the date hereof, the Debt Commitment Letter has not been amended, restated, supplemented or otherwise modified, no such amendment or modification is pending or contemplated (except for amendments to add additional Lenders thereto), and the Debt Commitment Letter has not been withdrawn, terminated or rescinded in any respect. Buyer has fully paid or caused to be fully paid any and all commitment fees or other fees required to be paid in connection with the Debt Commitment Letter that are payable on or prior to the date hereof. The Debt Commitment Letter is in full force and effect as of the date hereof. The Debt Commitment Letter is a valid, legal, binding and an enforceable obligation of Buyer and the other Persons party thereto, subject (except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar Laws of general applicability relating to or affecting creditors\u2019 rights or by general equity principles). There are no other conditions or other contingencies under any agreement (including any side letters) related to the funding of the full amount of the Debt Financing other than as expressly set forth in the Debt Commitment Letter. As of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would constitute a default or breach on the part of Buyer or to the Knowledge of Buyer, any other parties thereto, under the Debt Commitment Letter, or a failure of any condition to the Debt Financing or would otherwise result in any portion of the Debt Financing being unavailable on the Closing Date or, to the Knowledge of Buyer, make any assumption or statement set forth in the Debt Commitment Letter inaccurate in any material respect. As of the date hereof and assuming satisfaction of the conditions set forth in Sections 6.01 and 6.03, Buyer does not have any reason to believe that any of the conditions to the Debt Financing will fail to timely be satisfied or that the full amount of the Debt Financing will be unavailable on the Closing Date. The Debt Commitment Letter is not subject to any conditions precedent to the obligations of the parties thereunder (including pursuant to any \u201cflex\u201d provisions in the related fee letter (the \u201cFee Letter\u201d) a true and complete copy of which (in redacted form removing only the fee information and pricing \u201cflex\u201d information) has been provided to Parent prior to the date hereof) or otherwise to make the full amount of the Debt Financing available to Buyer at the Closing other than as set forth therein (including the payment of customary fees). There are no side letters or other agreements, contracts or arrangements to which Buyer or any of its Affiliates is a party that are related to the funding or investing, as applicable, of the full amount of the Debt Financing other than as expressly set forth in the Debt Commitment Letter. Buyer acknowledges that the receipt of third party financing (including the Debt Financing) is not a condition to its obligations under this Agreement.", "hash": "9b8f972d40e7fd60ab53a69f71abde96", "id": 1}, {"samples": [{"hash": "iqZBmUE0Zt9", "uri": "/contracts/iqZBmUE0Zt9#closing-payment", "label": "Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)", "score": 28.4496917725, "published": true}, {"hash": "f6WYtaNWb69", "uri": "/contracts/f6WYtaNWb69#closing-payment", "label": "Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)", "score": 28.4496917725, "published": true}, {"hash": "7jY2079S8Ho", "uri": "/contracts/7jY2079S8Ho#closing-payment", "label": "Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)", "score": 28.4496917725, "published": true}], "size": 9, "snippet_links": [{"key": "or-before-the-closing-date", "type": "clause", "offset": [3, 29]}, {"key": "buyer-shall", "type": "clause", "offset": [31, 42]}, {"key": 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for in this Agreement and (b) the Deposit made by Buyer to Existing Owner, which is to be credited against the Purchase Price, in immediately available funds by wire transfer made payable to Escrow Holder.", "hash": "c341d33b4ba838dcf3907ee6b155cb7b", "id": 6}, {"samples": [{"hash": "1ntF8QhJlo4", "uri": "/contracts/1ntF8QhJlo4#closing-payment", "label": "Asset Purchase Agreement (Orphazyme a/S)", "score": 31.6748809814, "published": true}, {"hash": "g2qKa1OqB2S", "uri": "/contracts/g2qKa1OqB2S#closing-payment", "label": "Asset Purchase Agreement (Orphazyme a/S)", "score": 31.5927448273, "published": true}], "size": 8, "snippet_links": [{"key": "at-the-closing", "type": "definition", "offset": [0, 14]}, {"key": "buyer-shall", "type": "clause", "offset": [16, 27]}, {"key": "deliver-to-seller", "type": "clause", "offset": [28, 45]}, {"key": "transfer-to", "type": "clause", "offset": [54, 65]}, {"key": "by-seller", "type": "clause", "offset": [87, 96]}, {"key": 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"published": true}], "size": 8, "snippet_links": [{"key": "closing-of-the-sale", "type": "clause", "offset": [4, 23]}, {"key": "the-purchasers", "type": "definition", "offset": [45, 59]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [109, 131]}, {"key": "the-closing-date", "type": "clause", "offset": [157, 173]}, {"key": "the-seller-shall", "type": "clause", "offset": [175, 191]}, {"key": "to-the-company", "type": "definition", "offset": [200, 214]}, {"key": "transfer-agent", "type": "definition", "offset": [217, 231]}, {"key": "in-writing", "type": "clause", "offset": [372, 382]}, {"key": "each-purchaser", "type": "definition", "offset": [408, 422]}, {"key": "issue-a-certificate", "type": "definition", "offset": [471, 490]}, {"key": "seller-a", "type": "definition", "offset": [608, 616]}, {"key": "certificates-for-the-shares", "type": "clause", "offset": [699, 726]}, {"key": "purchase-price-for-the-shares", "type": "clause", "offset": [752, 781]}], "snippet": "The closing of the sale to, and purchase by, the Purchasers of the Shares (the \u201cClosing\u201d) shall occur on the date of this Agreement (the \u201cClosing Date\u201d). On the Closing Date, the Seller shall deliver to the Company\u2019s transfer agent the certificate or certificates representing the Shares currently registered in her name and shall irrevocably instruct such transfer agent in writing, in a form acceptable to each Purchaser, to cancel that certificate or certificates and issue a certificate representing the Shares registered in each Purchaser\u2019s name. On the Closing Date, the Purchasers will deliver to the Seller a check(s) or wire transfer(s) in the amount of $69,832.36, against delivery of the certificates for the Shares, in payment of the total purchase price for the Shares.", "hash": "9770fc6a9f12b1f28963ca150b6e3990", "id": 9}, {"samples": [{"hash": "ipIYvxjVXcX", "uri": "/contracts/ipIYvxjVXcX#closing-payment", "label": "Purchase Agreement (JMB Income Properties LTD Xii)", "score": 18.0, "published": true}, {"hash": "dj977sWioEi", "uri": "/contracts/dj977sWioEi#closing-payment", "label": "Purchase Agreement (Carlyle Real Estate LTD Partnership Xiii)", "score": 18.0, "published": true}, {"hash": "9eHmEEr89uD", "uri": "/contracts/9eHmEEr89uD#closing-payment", "label": "Purchase Agreement (Carlyle Income Plus LTD)", "score": 18.0, "published": true}], "size": 12, "snippet_links": [{"key": "balance-of-the-purchase-price", "type": "definition", "offset": [4, 33]}, {"key": "as-adjusted", "type": "definition", "offset": [35, 46]}, {"key": "the-escrow-deposit", "type": "clause", "offset": [69, 87]}, {"key": "prorations-and-credits", "type": "clause", "offset": [99, 121]}, {"key": "the-closing-date", "type": "clause", "offset": [165, 181]}, {"key": "amount-to-be-paid", "type": "clause", "offset": [187, 204]}], "snippet": "The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid in cash on the Closing Date (the amount to be paid under this subparagraph B being herein called the \"Closing Payment\").", "hash": "383df116f80414574add23580fbde755", "id": 5}, {"samples": [{"hash": "41u2FXndK5", "uri": "/contracts/41u2FXndK5#closing-payment", "label": "Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)", "score": 30.6098556519, "published": true}, {"hash": "a4WhPI9Rdk6", "uri": "/contracts/a4WhPI9Rdk6#closing-payment", "label": "Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)", "score": 29.6132793427, "published": true}], "size": 18, "snippet_links": [{"key": "the-purchase-price", "type": "clause", "offset": [0, 18]}, {"key": "as-adjusted", "type": "definition", "offset": [20, 31]}, {"key": "application-of-the-deposit", "type": "clause", "offset": [39, 65]}, {"key": "prorations-and-credits", "type": "clause", "offset": [77, 99]}, {"key": "transfer-of", "type": "clause", "offset": [141, 152]}, {"key": "immediately-available", "type": "definition", "offset": [153, 174]}, {"key": "federal-funds", "type": "definition", "offset": [175, 188]}, {"key": "the-escrow", "type": "clause", "offset": [198, 208]}, {"key": "section-5", "type": "definition", "offset": [222, 231]}, {"key": "escrow-agreement", "type": "clause", "offset": [296, 312]}, {"key": "amount-to-be-paid", "type": "clause", "offset": [344, 361]}, {"key": "section-32", "type": "clause", "offset": [373, 384]}], "snippet": "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 \u201cEscrow Agreement\u201d (as hereinafter defined). The amount to be paid under this Section 3.2 is referred to herein as the \u201cClosing Payment.\u201d", "hash": "c767d1ab932c0e985f659eeb095f404a", "id": 3}, {"samples": [{"hash": "lcWHTxuJS5l", "uri": "/contracts/lcWHTxuJS5l#closing-payment", "label": "Membership Interest Purchase and Sale Agreement", "score": 31.3408622742, "published": true}, {"hash": "6WgaD1gA4xx", "uri": "/contracts/6WgaD1gA4xx#closing-payment", "label": "Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)", "score": 28.6167011261, "published": true}, {"hash": "2fzukszOUMX", "uri": "/contracts/2fzukszOUMX#closing-payment", "label": "Purchase and Sale Agreement (Sanchez Midstream Partners LP)", "score": 28.6167011261, "published": true}], "size": 9, "snippet_links": [{"key": "buyer-shall", "type": "clause", "offset": [0, 11]}, {"key": "to-seller", "type": "clause", "offset": [16, 25]}, {"key": "the-closing", "type": "clause", "offset": [26, 37]}], "snippet": "Buyer shall pay to Seller the Closing Payment.", "hash": "b14c7f404cfc1fe84c6fd1f6474dbb0f", "id": 7}, {"samples": [{"hash": "ai2BXKqPQVw", "uri": "/contracts/ai2BXKqPQVw#closing-payment", "label": "Asset Purchase Agreement (New Horizons Worldwide Inc)", "score": 18.0, "published": true}, {"hash": "9LEGEgI7VNy", "uri": "/contracts/9LEGEgI7VNy#closing-payment", "label": "Asset Purchase Agreement (New Horizons Worldwide Inc)", "score": 18.0, "published": true}, {"hash": "4PJQ87SnrQl", "uri": "/contracts/4PJQ87SnrQl#closing-payment", "label": "Asset Purchase Agreement (New Horizons Worldwide Inc)", "score": 18.0, "published": true}], "size": 8, "snippet_links": [{"key": "the-closing", "type": "clause", "offset": [0, 11]}, {"key": "section-31", "type": "definition", "offset": [36, 47]}], "snippet": "The Closing Payment provided for in Section 3.1;", "hash": "1b2111b6eb20acee7e1efbd00a1073bb", "id": 8}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhhjbG9zaW5nLXBheW1lbnQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 1258, "parents": [["purchase-price", "Purchase Price"], ["payment-of-purchase-price", "Payment of Purchase Price"], ["closing", "Closing"], ["consideration", "Consideration"], ["purchase-and-sale", "Purchase and Sale"]], "title": "Closing Payment", "children": [["", ""], ["assumption-of-liabilities", "Assumption of Liabilities"], ["cash-payment", "Cash Payment"], ["amount", "Amount"], ["method-of-payment", "Method of Payment"]], "id": "closing-payment", "related": [["closing-payments", "Closing Payments", "<strong>Closing Payments</strong>"], ["post-closing-payments", "Post-Closing Payments", "Post-<strong>Closing Payments</strong>"], ["billing-payment", "Billing & Payment", "Billing &amp; Payment"], ["closing-consideration", "Closing Consideration", "Closing Consideration"], ["payment-at-closing", "Payment at Closing", "Payment at Closing"]], "related_snippets": [], "updated": "2026-07-08T06:29:01+00:00"}, "json": true, "cursor": ""}}