Inventory Purchase Price; Payment Terms Sample Clauses
Inventory Purchase Price; Payment Terms. The purchase price of the Merchandise shall be determined and paid as follows:
(1) The Merchandise shall be purchased at Seller’s then-current wholesale cost. Seller shall provide written evidence of Seller’s then-current wholesale cost, which [will / will not] include the cost of the delivery of the Merchandise, if any.
(2) The Merchandise[, including items sold under the MLCC License,] shall be paid at the Closing. [If non–MLCC License items are not paid at the Closing, insert terms and indicate if subject to security interest granted in the Security Agreement.]
Inventory Purchase Price; Payment Terms. The purchase price of the Merchandise shall be determined and paid as follows:
1. The Merchandise shall be purchased at Personal Property Seller’s then current wholesale cost. Personal Property Seller shall provide written evidence of Personal Property Seller’s then current wholesale cost, which will include the cost of the delivery of the Merchandise, if any.
2. The Merchandise[, including items sold under the MLCC License,] shall be paid in [cash or certified funds / wire transfer with immediately available funds] at the Closing.