PAYMENT OF POST Sample Clauses

PAYMENT OF POST. CLOSING WORKING CAPITAL ADJUSTMENT; DISPUTE RESOLUTION. (a) On or before 90 days after the Closing Date, Buyer will pay to Seller the amount by which Working Capital exceeds Initial Seller's Working Capital, or Seller will pay to Buyer the amount by which Seller's Working Capital is less than Seller's Initial Working Capital, in each case adjusted for differences in the amount of the Medicare Reconciliation Note as determined from the Interim Balance Sheet and the Closing Balance Sheet. Simultaneously with Seller's delivery of the Closing Balance Sheet to Buyer, Seller shall deliver a schedule to Buyer detailing any adjustments between the amount of the Purchase Price paid at Closing and any required adjustments resulting from the determination of Working Capital and adjustments to the principal amount of the Medicare Reconciliation Note.
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PAYMENT OF POST. PETITION AMOUNT Ardent covenants and agrees that it will pay to Covad cash at closing in the amount of $178,403.12, plus the Post-Petition Amount. Ardent and Covad stipulate that if the Closing occurs on November 19, 2001, the Post-Petition Amount will be $980,962.57. If the Closing occurs after November 19, 2001, Ardent and Covad shall seek to agree on the final amount of the Post-Petition Amount, and if they are unable to agree on such amount, the final amount shall be determined by the Bankruptcy Court on motion after notice. At the Closing, Ardent shall pay so much of the Post-Petition Amount as is not disputed between Ardent and Covad or as determined by the Bankruptcy Court, as applicable. Such amount however, will in all events exceed $1,000,000.00. Upon such payment of the entire Post-Petition Amount and pursuant to section 365(k) of the Bankruptcy Code, Ardent shall be relieved from any further liability with respect to the Covad Agreements arising after Closing. In addition, Ardent shall remain liable, and shall pay when due, additional costs and charges that will accrue as of the Closing Date but which are not invoiced at that time (e.g. disconnect charges, cancellation fees, etc.)

Related to PAYMENT OF POST

  • PAYMENT OF PORTFOLIO MONIES Upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, the Custodian shall pay out, or direct the respective Foreign Sub-Custodian or the respective Foreign Securities System to pay out, monies of a Portfolio in the following cases only:

  • Statement of Policy In accordance with the Federal Family and Medical Leave Act (FMLA) and the California Family Rights Act (CFRA), the City will provide family and medical care leave and military family leave for eligible employees, as defined.

  • Payment of Price The full exercise price for the portion of the Option being exercised shall be paid to the Company as provided below:

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Prevailing Wages The Contractor and all Subcontractors shall pay all workers on all Work performed pursuant to this Contract not less than the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work as determined by the Director of the Department of Industrial Relations, State of California, for the type of work performed and the locality in which the work is to be performed within the boundaries of the District, pursuant to sections 1770 et seq. of the California Labor Code.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Introduction and Statement of Policy The National Institutes of Health (NIH) has established NIH-designated data repositories (e.g., database of Genotypes and Phenotypes (dbGaP), Sequence Read Archive (SRA), NIH Established Trusted Partnerships) for securely storing and sharing controlled-access human data submitted to NIH under the NIH Genomic Data Sharing (GDS)

  • Payment Upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Payments Upon Termination 4.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

  • Redemption and Termination (a) The Board of Directors of the Company may, at its option, at any time prior to the earlier of (i) the close of business on the tenth Business Day following the Stock Acquisition Date (or, if the Stock Acquisition Date shall have occurred prior to the Record Date, the close of business on the tenth Business Day following the Record Date), or (ii) the Final Expiration Date, redeem all but not less than all of the then outstanding Rights at a redemption price of $.01 per Right, as such amount may be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (such redemption price being hereinafter referred to as the "Redemption Price"). Notwithstanding anything contained in this Agreement to the contrary, the Rights shall not be exercisable after the first occurrence of a Section 11(a)(ii) Event until such time as the Company's right of redemption hereunder has expired. The Company may, at its option, pay the Redemption Price in cash, shares of Common Stock (based on the Current Market Price, as defined in Section 11(d)(i) hereof, of the Common Stock at the time of redemption) or any other form of consideration deemed appropriate by the Board of Directors.

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