Payment of Base Purchase Price. The Base Purchase Price shall be paid to Transferor in the following manner:
Payment of Base Purchase Price. On the Signing Date, Purchaser will cause a duly authorized officer of Purchaser to provide Company with written documentation of a deposit by Purchaser of the Base Purchase Price into a segregated bank account that is under the exclusive control of Purchaser (the "SEGREGATED ACCOUNT"). At the Closing, Purchaser will pay to Sellers from such segregated account an aggregate amount equal to the Base Purchase Price (or the Final Purchase Price if the Adjustment Amount is deemed final in accordance with Section 1.5(d)) (the "CLOSING CASH PAYMENT") by wire transfer of immediately available funds to the bank accounts and in the amounts set forth on a notice given by Sellers to Purchaser not later than three business days prior to the Closing Date.
Payment of Base Purchase Price. On the Signing Date, Purchaser will cause a duly authorized officer of Purchaser to provide Seller with written documentation of a deposit by Purchaser of the Base Purchase Price into a segregated bank account that is under the exclusive control of Purchaser (the "SEGREGATED ACCOUNT"). At the Closing, Purchaser will (a) pay to Seller from the Segregated Account an amount equal to $6,500,000 (or $6,500,000 minus the Adjustment Amount if the Adjustment Amount is deemed final in accordance with Section 2.4(b)) (such amount, the "CLOSING CASH PAYMENT") by wire transfer of immediately available funds to the bank account set forth on a notice given by Seller to Purchaser not later than three business days prior to the Closing Date and (b) deliver to Seller an Option Agreement substantially in the form attached as Exhibit 2.2(b) (the "OPTION AGREEMENT").
Payment of Base Purchase Price. At Closing, UNOVA would (i) pay to Amtech in cash the amount equal to the parties' best estimate of the Base Purchase Price (the "Estimated Base Purchase Price") LESS the sum of $10,000,000 and the "Escrow Amount" (as defined in clause (ii) of this sentence), (ii) pay into the "Escrow" (as defined in paragraph (d) below) $2,000,000 (the "Escrow Amount"), and (iii) transfer and assign to Amtech 2,211,900 shares of common stock of Amtech (the "UNOVA Shares"); PROVIDED, HOWEVER, that at the option of UNOVA, UNOVA may instead (x) pay to Amtech in cash the Estimated Base Purchase Price LESS the Escrow Amount, and (y) pay into the Escrow the Escrow Amount (the option described in this proviso is referred to as the "All Cash Option"). In the event that UNOVA elects the All Cash Option, (1) UNOVA's rights arising under that certain agreement (the "Equity Agreement"), dated October 31, 1997, between UNOVA and Amtech, pursuant to which UNOVA purchased the UNOVA Shares, would remain intact, and (2) Amtech would have the option to purchase the UNOVA Shares at the closing market price on the Closing Date. If UNOVA does not elect the All Cash Option, or if it does elect the All Cash Option and Amtech elects to purchase the UNOVA Shares, Xxxxxxx X. Xxxxx, UNOVA's designee to the Board of Directors of Amtech (the "Amtech Board"), would resign from the Amtech Board. Any difference between the Estimated Base Purchase Price and the Base Purchase Price as finally determined (the "Adjustment"), together with applicable interest, would be paid by UNOVA to Amtech or refunded by Amtech to UNOVA in cash within three business days following the final determination of the Base Purchase Price. Prior to execution of the Definitive Agreement, UNOVA and Amtech will reevaluate the appropriateness of the Escrow Amount.
Payment of Base Purchase Price. At the Closing, contemporaneously with the delivery of the documents and materials described in Section 9.2 Buyers shall provide to Sellers or Sellers designee the amount of Twenty Four Million Six Hundred Twenty Thousand Six Hundred Dollars ($24,620,600) USD by certified check or wire transfer of immediately available funds as required by Section 3.1.1.
Payment of Base Purchase Price. (a) The Net Estimated Base Purchase Price shall be paid in cash at Closing pursuant to Section 3.2.
Payment of Base Purchase Price. The Parties hereby agree that the Base Purchase Price payable at the Closing shall be paid by Buyer directly to the parties set forth on Exhibit B hereto in the amounts set forth below their names and pursuant to the wire transfer instructions set forth below their names.
Payment of Base Purchase Price. At the Closing, Purchaser shall pay to Sellers, by wire transfer of immediately available funds to a bank account designated by the Seller Representative to Purchaser in writing, an amount of funds equal to the sum of: (a) the Base Purchase Price, plus (b) the Estimated Working Capital Adjustment (which amount may be a negative number), minus, (c) the Escrow Amount, minus (d) the Transaction Expenses (the “Closing Cash Payment”).
Payment of Base Purchase Price. The Base Purchase Price for each Phase shall be paid by Buyer on or before the closing date for the Purchase Escrow, or sooner if so required under the General Provisions of the Escrow Agent, in immediately available funds. For Phases of the Property for which some or all of the Options Price is to be credited against the Base Purchase Price of such Phase as provided on Exhibit G hereto, such credit shall be made on the Close of Escrow for such Phase.
Payment of Base Purchase Price. At the Closing, Buyer shall (a) pay to Seller the Base Purchase Price, minus the Escrow Amount, in cash, by wire transfer of immediately available funds to an account designated by Seller, and (b) deliver to the Escrow Agent the Escrow Amount for deposit into the Escrow Fund, such amount and fund to be held in accordance with the provisions of Sections 1.5 and 5.15 and Article VIII of this Agreement and the Escrow Agreement.
