Common use of Payment of Purchase Price and Prorations and Adjustments Clause in Contracts

Payment of Purchase Price and Prorations and Adjustments. (a) At the Closing, Buyer shall pay or cause to be paid to Seller (or to such party or parties designated by Seller in writing) the Preliminary Purchase Price for the Assets by federal wire transfer of same-day funds in accordance with wire instructions delivered to Buyer by Seller at least three (3) Business Days prior to such Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ccci Capital Trust Iii), Asset Purchase Agreement (Paxson Communications Corp)

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Payment of Purchase Price and Prorations and Adjustments. (a) At each Closing, subject to the Closingprovisions of Section 6.10, Buyer shall pay or cause to be paid to Seller (or to such party or parties designated by Seller in writing) the Preliminary Purchase Price for the Assets to be transferred at such Closing, by federal wire transfer of same-day funds in accordance with wire instructions delivered to Buyer by Seller at least three (3) Business Days prior to such Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Ccci Capital Trust Iii)

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