Contribution of Cash. Pursuant to the terms and subject to the conditions set forth in this Agreement, the Executive hereby agrees to contribute, and Dairy Holdings hereby agrees to receive, cash in an amount set forth on Schedule I attached hereto in exchange for the number of Units set forth on Schedule I.
Contribution of Cash. On the hereof, the Subscriber shall -------------------- purchase from the Corporation, on September 29, 1997, the Subscription Shares for a cash payment in an amount equal to $700,000 (the "Contribution Amount").
Contribution of Cash. Prior to the Merger Effective Time, if any Merged Entity does not have an amount of cash sufficient to pay all liabilities of such Merged Entity (as estimated in good faith by each Merged Entity), including Taxes for any Pre-Closing Tax Period, the equity holders of such Merged Entity shall contribute an amount of cash to such Merged Entity such that following such contribution, the Merged Entity will have an amount of cash sufficient to pay all such liabilities.
Contribution of Cash. At such time or times after the date of this Agreement as the Members shall agree, each Member shall contribute to the initial capital of the Company the sum of $500,000 in cash. Such contribution shall be made by wire transfer to the account of the Company previously identified to the Members.
Contribution of Cash. CW Holdings shall have deposited with the Exchange Agent the CW Holdings Cash Payment Amount.
Contribution of Cash. On December 15, 1997, the Subscriber -------------------- shall purchase from the Corporation the Subscription Shares for an aggregate cash payment in an amount equal to $550,000, plus interest accruing from the date hereof through and including the Closing Date at a rate equal to the Prime Rate (as reported in the Wall Street Journal. on the Closing Date) (the "Contribution Amount").
Contribution of Cash. Subject to the terms and provisions of this -------------------- Agreement, Belair and Belcrest each hereby agrees to contribute to Operating Partnership their portion of the Contribution Amount on the date of the Closing in consideration for 600,000 and 1,400,000, respectively, Preference Units in Operating Partnership. Subject to the terms and provisions of this Agreement, Operating Partnership hereby agrees to accept the Contribution Amount and to issue to Belair and Belcrest 600,000 and 1,400,000, respectively, Preference Units in exchange therefor.
Contribution of Cash. Subject to the terms and provisions of this -------------------- Agreement, Contributor hereby agrees to contribute to Operating Partnership the Contribution Amount on the date of the Closing in consideration for 1,200,000 Preference Units in Operating Partnership. Subject to the terms and provisions of this Agreement, Operating Partnership hereby agrees to accept the Contribution Amount and to issue to Contributor 1,200,000 Preference Units in exchange therefor.
Contribution of Cash. Upon the terms and subject to the conditions set forth herein, MGT hereby irrevocably agrees to contribute the Cash Payment of $200,000 to the Company as working capital, which shall be used to cover the direct and associated costs of the Company and Company approved costs of Gixxx xelating to the achievement of GLI Certification (as defined below) in consideration for a 51% ownership interest of the Company.
Contribution of Cash. At the Closing and on the Closing Date, Pioneer shall (i) cause the Trustee to contribute to Merger Sub the amount of cash remaining in the Trust Account, after giving effect to all Pioneer Shareholder Redemptions and the payment of all Unpaid Pioneer Expenses (which Pioneer shall direct the Trustee to pay), (ii) contribute to Merger Sub the proceeds actually received by Pioneer in the PIPE Financing, after giving effect to the payment of all Unpaid Company Expenses (which shall be paid by Pioneer in accordance with the instructions provided by the Company to Pioneer (such instructions to be provided at least three (3) Business Days prior to the Closing and to set forth the dollar amount to be paid to the recipients of such Unpaid Company Expenses and each such recipient’s wire information), and (iii) deposit (or cause the Trustee to deposit) with the Exchange Agent the Cash Fund.
