Payment of Purchase Price; Incentive Payment Sample Clauses

Payment of Purchase Price; Incentive Payment. 4 (a) The County has paid on the Closing Date a portion of the Purchase Price in 5 the amount of $ _ to the Seller and shall pay the balance of the Purchase Price in the 6 amount of $ to the Registered Owner in installments on and on the same 7 day in each year thereafter to and including (each an “Installment Payment Date”), in the 8 amounts set forth in Schedule I attached hereto and made a part hereof.
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Payment of Purchase Price; Incentive Payment. 4 (a) The County has paid on the Closing Date a portion of the Purchase Price in 5 the amount of $ _ to the Seller and shall pay the balance of the Purchase Price in the 6 amount of $ to the Registered Owner in installments on and on the same 7 day in each year thereafter to and including (each an “Installment Payment Date”), in the 8 amounts set forth in Schedule I attached hereto and made a part hereof. 9 (b) Interest on the unpaid balance of the Purchase Price at the fixed rate of 10 interest equal to % per annum shall accrue from the date hereof and shall be payable to the 11 Registered Owner on each Installment Payment Date. Interest shall be calculated on the basis of 12 a 360-day year of twelve 30-day months.
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Payment of Purchase Price; Incentive Payment. 1 SECTION 3.1.
Sample 1

Related to Payment of Purchase Price; Incentive Payment

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

  • PURCHASE PRICE & PAYMENT The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • PRICE & PAYMENT Unless otherwise agreed:

  • E-PAYMENT Contractor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The agency agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq.

  • Allocation of Purchase Price (a) No later than sixty (60) days after Closing or within a reasonable time thereafter as agreed by Sellers and Purchaser, Purchaser shall prepare and deliver to Sellers a proposed allocation of the Purchase Price (plus the Assumed Liabilities and any other Liabilities deemed assumed by the Purchaser for U.S. federal income Tax purposes) among the Transferred Assets which shall be prepared in a manner consistent with Section 1060 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”) (the “Proposed Allocation Schedule”). After receipt of the Proposed Allocation Schedule from Purchaser, the Sellers shall have fifteen (15) days to review the Proposed Allocation Schedule. The Proposed Allocation Schedule will be considered final and binding on the Parties unless Sellers communicate to Purchaser objections to the Proposed Allocation Schedule (an “Allocation Dispute Notice”). Sellers and Purchaser shall, within ten (10) days (or such longer period as Sellers and Purchaser may agree in writing) following delivery of an Allocation Dispute Notice (the “Allocation Resolution Period”), attempt in good faith to resolve their differences and prepare a final allocation schedule that is acceptable to both Sellers and Purchaser. If Sellers and Purchaser are unable to completely resolve any such differences within such ten (10) day period, the unresolved issues (the “Allocation Dispute”) shall be resolved by the Accounting Firm in accordance with Section 1.5(b) (once so resolved, the “Final Allocation Schedule”), subject to approval by the Bankruptcy Court. Purchaser and Sellers shall file all Tax Returns (including amended returns and claims for refund) and information reports in a manner consistent with the Final Allocation Schedule and shall not take any position for Tax purposes (including on IRS Form 8594 or in any audit or other examination or proceeding relating to Taxes) inconsistent with this Section 1.5 unless required to do so by applicable Law.

  • CONTRACT PRICE/PRICE LIMITATION/ PAYMENT 5.1 The contract price, method of payment, and terms of payment are identified and more particularly described in EXHIBIT C which is incorporated herein by reference.

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • Annual Payment During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: _ Dollars ($ _) ☐ - Last Month’s Rent of: ___ _ Dollars ($ _) ☐ - Security Deposit of: _ _ Dollars ($ _)

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