Consideration and Deposit Sample Clauses

Consideration and Deposit. (a) The consideration to be paid by Purchaser to Vendor for the Assets (the “Consideration”) shall be Twenty Two Million and Five Hundred Thousand Dollars ($22,500,000.00), (the “Base Price”), based on primarily the preliminary net present value of the Assets of approximately Sixty Two Million Two Hundred Thousand Dollars ($62,200,000.00), the estimated capital expenditure to implement Purchaser’s proposed development plan and the reserve volume and quality of the Assets, to be paid in Canadian dollar subject to adjustment in accordance with Section 2.7. The amount to be paid by the Purchaser to the Vendor at Closing shall be determined as follows:
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Consideration and Deposit. (a) The total consideration payable by Purchaser to Seller in consideration of the sale, transfer, conveyance, assignment and delivery of the Purchased Assets to Purchaser, and in reliance upon the representations, warranties, covenants and agreements of Seller set forth herein, is: (i) an amount equal to One Million Four Hundred Seventy-Five Thousand Dollars ($1,475,000.00) (the “Purchase Price”); and (ii) the assumption by Purchaser of the Assumed Liabilities.
Consideration and Deposit. 3.1 The Consideration for the purchase of Shares, Business and Assets shall be US$ 620,000 (six hundred twenty thousand United States Dollars) ("Consideration") payable to Xxxx, with details of US$ 601,189 (six hundred one thousand and one hundred eighty nine United States Dollars) for shares price of Tunas and the remaining US$ 18,811 (eighteen thousand eight hundred eleven United States Dollars) for shares price of NusaTrip Intl.
Consideration and Deposit. The purchase price for the Asset is $25,000 (the “Purchase Price”). Of the Purchase Price, Zenith shall pay and be responsible for $20,000 thereof, while Innovation shall pay and be responsible for $5,000 thereof. Contemporaneous with Purchaser's execution of this Agreement, Zenith has provided Seller with a $10,000 deposit (the "Deposit"). The Deposit shall be held by Seller in a segregated account. If Purchaser is not the successful bidder at the Auction or the Bankruptcy Court does not approve the sale of the Asset to Purchaser, then Seller shall promptly return the Deposit to Purchaser. If the sale of the Asset to Purchaser is consummated, then the Deposit shall be credited to the $25,000 purchase price (or such higher purchase price if Purchaser agrees to a higher purchase price at the Auction). If Purchaser defaults under this Agreement, then Seller shall be entitled to keep the Deposit and apply it against any damages Seller may have.
Consideration and Deposit. Under the Intention Agreement, the consideration for the Proposed Disposal is estimated to be approximately RMB3.4
Consideration and Deposit. (a) At the Closing, and subject to the terms and conditions of this Agreement and the entry and effectiveness of a final Sale Order, in exchange for the sale, assignment, transfer, conveyance and delivery by Seller of the Transferred Assets, Buyer shall provide the consideration (the “Consideration”) consisting of (i) cash in the amount of $3,150,000.00 (the “Closing Cash Consideration”), plus (ii) the assumption of the Assumed Liabilities (including, for the avoidance of doubt, the amount of all Cure Costs). At the Closing, Buyer shall (A) pay by wire transfer of immediately available funds the Closing Cash Consideration, plus the amount of all Cure Costs, plus the amount of all unpaid Continuation Costs, if any, minus the Deposit as provided in Section 4.1(b), and (B) direct the Escrow Agent to disburse the Deposit to Seller.
Consideration and Deposit. 3.1 The consideration for the sale of the Sale Shares shall be USD 18.00 per Sale Share, giving an aggregate purchase price of USD 77,932,440, subject to any adjustment under clause 3.2 below (as so adjusted, the Purchase Price) and shall be payable in accordance with clause 3.4.
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Consideration and Deposit 

Related to Consideration and Deposit

  • Purchase Price and Deposit The total purchase price (“Purchase Price”) for the Property shall be an amount equal to $46,010,000.00, payable by Purchaser, as follows:

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

  • Establishment of and Deposits to Escrow Account The Company shall segregate and hold all funds collected and received pursuant to a Mortgage Loan constituting Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts, in the form of time deposit or demand accounts, titled, "National City Mortgage Corp., in trust for the Purchaser of Conventional Residential Fixed Rate Mortgage Loans, Group No. 2001-1 and various Mortgagors". The Escrow Accounts shall be established with a Qualified Depository, in a manner which shall provide maximum available insurance thereunder. Funds deposited in the Escrow Account may be drawn on by the Company in accordance with Section 4.07. The creation of any Escrow Account shall be evidenced by a certification in the form of Exhibit E-1 hereto, in the case of an account established with the Company, or by a letter agreement in the form of Exhibit E-2 hereto, in the case of an account held by a depository other than the Company. A copy of such certification shall be furnished to the Purchaser and, upon request, to any subsequent Purchaser. The Company shall deposit in the Escrow Account or Accounts on a daily basis, and retain therein:

  • Escrow Deposit Concurrently with the execution and delivery of this Agreement, the Holder will deliver [the sum of ____________________ Dollars ($_____________) in lawful money of the United States of America by wire transfer of immediately available funds] [and] [[ ] Class A Trust Certificates] [and] [[ ] Class B Trust Certificates] in accordance with Section 14 of the Series Supplement] (the "Escrow Deposit"), to Escrow Agent to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit. Any cash amounts in the Escrow Deposit may be increased or decreased in accordance with the terms of Section 2.02(i)(vi) of the Warrant Agreement and the terms of this agreement will apply with equal force and effect to any such increased or decreased cash amounts in the Escrow Deposit.

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

  • Payments at Closing At the Closing, Buyer shall:

  • General Account All assets of SBL other than those allocated to the Separate Account or any other separate account of SBL. GUARANTEE PERIOD Current Interest, if declared, is fixed for rolling periods of one or more years, referred to as Guarantee Periods. SBL may offer Guarantee Periods of different durations. The Guarantee Period that applies to any Fixed Account Contract Value:

  • Deposit of Merger Consideration At or prior to the Effective Time, Parent shall (i) authorize the Exchange Agent to issue an aggregate number of shares of Parent Common Stock equal to the aggregate Merger Consideration, and (ii) deposit, or cause to be deposited with, the Exchange Agent, to the extent then determinable, any cash payable in lieu of fractional shares pursuant to Section 2.3(f) (the “Exchange Fund”).

  • Payment of Deposit The Buyer must pay the Deposit to the Developer. The Developer agrees to accept the payment of the Deposit in 2 instalments as follows:

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

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