Manner of Payment of the Purchase Price. The Purchase Price shall be paid on the Closing Date by wire transfer in immediately available U.S. funds.
Manner of Payment of the Purchase Price. At the Closing:
Manner of Payment of the Purchase Price. Buyer is paying the Purchase Price by physically delivering the Purchase Price to Seller in cash or check.
Manner of Payment of the Purchase Price. (a) At the Closing, Purchaser shall assume the Assumed Liabilities and shall pay the Purchase Price and the Inventory Value to Seller, by wire transfer to such account as Seller shall designate by written notice delivered to Purchaser not later than three (3) business days prior to the Closing Date.
Manner of Payment of the Purchase Price. Buyer is paying the Purchase Price by physically delivering common share certificates to the Seller equal to 14,743,199 restricted common shares of the Company.
Manner of Payment of the Purchase Price. The Purchase Price shall be paid as follows:
Manner of Payment of the Purchase Price. Section 3.3 of the Agreement is amended by deleting the text therefrom in its entirety and substituting therefor the following:
Manner of Payment of the Purchase Price. At Closing, Purchaser shall:
Manner of Payment of the Purchase Price. At the Closing, Purchaser shall assume the Assumed Liabilities and deliver $6,930,000 (the Purchase Price minus the Purchase Price Escrow Funds (defined below) and the Employee Retention Funds (defined below)) (the "CASH PURCHASE PRICE") by wire transfer of immediately available funds to Seller.
Manner of Payment of the Purchase Price. For purposes of the Closing, the parties shall make a good-faith estimate of the Closing Purchase Price (the "ESTIMATED CASH PAYMENT"), based upon the most recent ascertainable financial information. At the Closing, Xxxxxx shall pay the Estimated Cash Payment to Seller, by wire transfer to such account as Seller shall designate by written notice delivered to Purchaser not later than two (2) business days prior to the Closing. Following the Closing, the parties shall determine the final Closing Purchase Price, taking into account the adjustments required pursuant to Section 1.3 and employing the procedures and criteria set forth in Sections 1.5 and 1.6. If, based on the Closing Purchase Price as finally determined: (a) the Closing Purchase Price exceeds the Estimated Cash Payment, Xxxxxx shall forthwith pay the excess to Seller; or (b) the Estimated Cash Payment exceeds the Closing Purchase Price, Seller shall forthwith pay the excess to Xxxxxx. Notwithstanding anything to the contrary contained herein, if (x) the Company or any of its Subsidiaries reverses any of the reserves set forth on the Interim Financial Statements at any time from July 31, 1997 through the Closing Date where the effect of such reversal would be to increase the Company's and its Subsidiaries' consolidated net income; and (y) the Net Book Value, as calculated on the Closing Balance Sheet, exceeds *, then the Net Book Value, as calculated on the Closing Balance Sheet, shall be reduced by the amount of the increase in Net Book Value resulting from such reversal and resultant increase in consolidated net income; provided, however, that the Net Book Value shall not be reduced to less than * based upon such reserve reversal.
