Initial Amount. Until it is changed by the Landlord, the amount of the Monthly Installment of Additional Rent is that which is set forth in the Specific Lease Provisions.
Initial Amount. Immediately upon the full execution and acceptance of this Agreement by both Seller and Purchaser (the "Effective Date"), Purchaser shall deposit in escrow with York Title & Escrow of Elkhart, Inc., Elkhart, Indiana (the "Escrow Agent"), cash in the amount of ten thousand dollars ($10,000)(the "Deposit"). (2)
Initial Amount. Simultaneous with the execution hereof and of the -------------- Senior Secured Note, CytRx has made an initial loan of $500,000.00, to be applied in accordance with the attached schedules.
Initial Amount. Upon execution of this Agreement, the Buyer shall pay -------------- the Initial Amount to Xxxx. Upon completion of the Closing, the Initial Amount shall be returned to Buyer by Xxxx. In the event that Buyer fails to pay or cause to be paid the New Shares Purchase Price set forth in Section 1.1 or Xxxxx Subsidiary fails to purchase the Transferred Shares and pay the Transferred Shares Purchase Price set forth in Section 1.2 or either Buyer or Xxxxx Subsidiary otherwise fail to perform their obligations set forth in this Agreement, including Buyer's obligation to purchase the New Shares from DSI or Xxxxx Subsidiary's obligation to purchase the Transferred Shares from Xxxx by the Closing Date, for any reason other than (a) DSI's or Xxxx' Material Adverse Breach (as hereinafter defined) of a representation, warranty or covenant contained in Articles 3 or 4 hereof which breach is not cured or the Disclosure Statement amended as contemplated in Section 7.1 hereof, or (b) failure of one or more of the conditions described in Section 6.1 hereof to be materially satisfied prior to the Closing, other than those of subsections 6.1(e) and 6.1(n), and Buyer shall not have waived such condition, Xxxx shall be entitled to keep and retain the Initial Amount. The conditions in Section 1.6 (a) or (b) above are hereinafter referred to as the "Conditions". In the event that Buyer ---------- does not purchase the New Shares from DSI or Xxxxx Subsidiary fails to purchase the Transferred Shares and pay the Purchase Price set forth in Section 1.2 or either Buyer or Xxxxx Subsidiary fails to perform their respective obligations hereunder by the Closing Date, subject to Buyer's and Xxxxx Subsidiary's rights under Section 8.12 hereof, this Agreement shall terminate without further obligation or liability of any Party to the other Parties, except if such event occurs because of the occurrence of any of the Conditions, then Buyer shall be entitled immediately to be paid the Initial Amount and Xxxx shall promptly pay the Initial Amount over to Buyer upon request from Buyer.
Initial Amount. Subject to the terms and conditions set forth herein, the First Union Lender agrees to make a loan to the Borrower on the Loan Advance Date in an amount equal to the Initial Amount.
Initial Amount. This Agreement will become effective only upon realization of Rs ----/- (Rupees Only) being 25% (Twenty five percent) of the Total Price, subject to deduction of 1% tax at source under section 194IA of the Income Tax Xxx 0000. The Allottee has made following payments to the Promoter:
Initial Amount. As provided for in Clause 2.2.1(i), the Initial Amount shall be paid in two (2) steps, both on the Closing Date: (i) the first payment, regarding 53,428 Shares held by the Company in treasury, pursuant to Clause 4.3 below; and (ii) the second payment, relating to the acquisition of 378,702 Shares of the other Sellers, pursuant to Clause 4.4 below.
Initial Amount. During the Term hereof, commencing on the Commencement Date, Tenant shall pay to Landlord, in advance on the first day of each calendar month in equal monthly installments at the address set forth in Section 7.1 or such other place as Landlord may from time to time designate, without demand or right of set-off except to the extent (if any) otherwise expressly set forth in this Lease, fixed and minimum annual rental (“Base Rent”) in the following amounts: during the Initial Term the amount of annual Base Rent shall be One Million Six Hundred Thirteen Thousand and No/100 Dollars ($1,613,000.00) payable in equal monthly installments of One Hundred Thirty-Four Thousand Four Hundred Sixteen and 67/100 Dollars ($134,416.67).
Initial Amount. The Initial Amount will be paid to Sellers in a single installment, in national current, by means of electronic transfers of immediately available funds - XXX to bank accounts that may be informed by Sellers reasonably in advance, in the proportions set out in Exhibit2.1.1(i) ("Payment of the Initial Amount").
Initial Amount. Purchaser shall have delivered to Seller a stock certificate representing the Initial Amount bearing the legend set forth in EXHIBIT E.
