Payment of Purchase Price, Assumption of Assumed Liabilities and Buyer’s Closing Deliveries. In consideration for the transfer of the Purchased Assets and other transactions contemplated hereby Buyer shall deliver the Purchase Price to the Seller and shall execute and deliver to Seller the Bxxx of Sale, Conveyance and Assignment and the Assignment and Assumption Agreement, whereby Buyer assumes the Assumed Liabilities, and each of the Other Agreements, as well as the Buyer Officer’s Certificate required by Section 8.1(b) and all other documents required to be delivered by Buyer at Closing pursuant hereto or as shall be reasonably requested by Seller.
Payment of Purchase Price, Assumption of Assumed Liabilities and Buyer’s Closing Deliveries. In consideration for the transfer of the Purchased Assets, Buyer shall: (i) pay to Seller on the Closing Date Five Million ($5,000,000) of the Purchase Price in United States dollars by electronic bank transfer in immediately available funds directly to Seller's Account No. 00001329 at Citibank, N.A. in New York, New York, ABA #021000000 (Xxxxt Code: CITIUS33); (ii) deliver to Seller the Promissxxx Note; and (iix) xxxxxte and deliver to Seller the Assignment and Assumption Agreement, whereby Buyer assumes the Assumed Liabilities, and each of the Other Agreements, as well as the certificate required by Section 8.1(b) and all other documents required to be delivered by Buyer at Closing pursuant hereto.
Payment of Purchase Price, Assumption of Assumed Liabilities and Buyer’s Closing Deliveries. In consideration for the transfer of the Purchased Assets, Buyer shall: (i) pay to Seller on the Closing Date five million dollars ($5,000,000) of the Purchase Price in United States dollars by electronic bank transfer in immediately available funds directly to Seller's Account No. 00000000 at Citibank, N.A. of New York, 000 Xxxx Xxxxxx, Xxx Xxxx, XX, ABA #000000000; (ii) execute and deliver to Seller the Promissory Note; (iii) issue and deliver to Seller a stock certificate evidencing the Preferred Stock registered in the Seller's name; (iv) execute and deliver to Seller the Assignment and Assumption Agreement, whereby Buyer assumes the Assumed Liabilities; and (v) execute and deliver to Seller each of the Other Agreements. In addition, Buyer shall deliver to Seller the certificate required by Section 8.1(b) and all other documents required to be delivered by Buyer at Closing pursuant hereto.
Payment of Purchase Price, Assumption of Assumed Liabilities and Buyer’s Closing Deliveries. In consideration for the transfer of the Purchased Assets, Buyer shall: (i) pay to Seller on the Closing Date five million dollars ($5,000,000) of the Purchase Price in United States dollars by electronic bank transfer in immediately available funds directly to Seller's Account No. 00001329 at Citibank, N.A. of New York, 399 Park Avenue, New York, NY, XXX #021000089; (ii) execute and delivxx xx Xxxxxx xxx Xxxxxxxxxx Xote; (ixx) xxxxx and deliver to Seller a stock certificate evidencing the Preferred Stock registered in the Seller's name; (iv) execute and deliver to Seller the Assignment and Assumption Agreement, whereby Buyer assumes the Assumed Liabilities; and (v) execute and deliver to Seller each of the Other Agreements. In addition, Buyer shall deliver to Seller the certificate required by Section 8.1(b) and all other documents required to be delivered by Buyer at Closing pursuant hereto.
Payment of Purchase Price, Assumption of Assumed Liabilities and Buyer’s Closing Deliveries. In consideration for the transfer of the Purchased Assets and other transactions contemplated hereby Buyer shall: (i) pay to Seller on the Closing Date One Million Nine Hundred and Fifty Thousand U.S. dollars ($1,950,000) of the Purchase Price by electronic bank transfer in immediately available funds directly to Seller’s Account for which wiring instructions shall be provided to Buyer by Seller in writing before the Closing; and (ii) execute and deliver to Seller the Assignment and Assumption Agreement, whereby Buyer assumes the Assumed Liabilities, and each of the Other Agreements, as well as the certificate required by Section 8.2(b) and all other documents required to be delivered by Buyer at Closing pursuant hereto.
