Payment of Purchase Price on the Closing Date Sample Clauses

Payment of Purchase Price on the Closing Date. The Purchase Price shall be paid on the Closing Date by wire transfer of immediately available funds to an account (or accounts) designated by the Shareholder at least two (2) business days prior to the Closing.
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Payment of Purchase Price on the Closing Date. The Purchase Price shall be paid on the Closing Date by wire transfer of immediately available funds to the escrow agent (the “Escrow Agent”) pursuant to the fully executed and delivered Escrow Agreement set forth as Exhibit A to this Agreement. The Purchase Price shall be disbursed by the Escrow Agent in accordance with the terms, and subject to the conditions, of the Escrow Agreement.
Payment of Purchase Price on the Closing Date. The Purchase Price to be paid to the Shareholders on the Closing Date shall be calculated as follows:
Payment of Purchase Price on the Closing Date the Purchaser shall pay the Seller Purchase Price to the Sellers and the Bank Debt to the Bank, which shall be paid by wire transfer of immediately available funds into accounts designated by the Sellers and the Bank and the Seller Purchase Price shall be allocated among the Sellers in accordance with their pro rata ownership of the Shares as set forth on Schedule 1.1. Notwithstanding the foregoing, up to $50,000 of the Seller Purchase Price shall be paid by the Purchaser for the settlement of vehicle leases currently charged to the Company, pursuant to the directions of the Sellers.
Payment of Purchase Price on the Closing Date. Subject to fulfillment or waiver of the conditions set forth in this Agreement, Purchaser shall pay to Seller on the Closing Date the Purchase Price minus any funds disbursed to Seller pursuant to the terms of the Escrow Agreement. Such amounts shall be paid by wire transfer of immediately available funds to an account specified by Seller in a written notice received by Purchaser from Seller at least two (2) days prior to the Closing Date.
Payment of Purchase Price on the Closing Date. The Purchase Price to be paid on the Closing Date shall be calculated as follows: Ninety-Two Million Five Hundred Thousand Dollars ($92,500,000) plus or minus, as applicable, the sum of:

Related to Payment of Purchase Price on the Closing Date

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

  • Payment of Purchase Price Upon Exercise At the time of any exercise, the Exercise Price of the Shares as to which this Option is exercised shall be paid in cash to the Company, unless, in accordance with the provisions of Section 4.2(c) of the Plan, the Board shall permit or require payment of the purchase price in another manner set forth in the Plan.

  • Purchase Price Payment The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • Payment of Purchase Price for the Mortgage Loans (a) In consideration of the sale of the Initial Mortgage Loans from each of the Sellers to the Purchaser on the Closing Date, the Purchaser agrees to transfer to the applicable Seller on the Closing Date the purchase price for the applicable Initial Mortgage Loans provided in the Adoption Annex attached as Annex 1 to this Agreement (the "Adoption Annex").

  • Adjustment of Purchase Price NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS. The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Purchase Price Closing (a) The total amount which the buying party shall pay the selling party in a purchase shall be the amount that the selling party would have received if the Company (i) sold the Property for an amount equal to the Buy-Sell Stated Value, (ii) satisfied the indebtedness of the Company specifically referred to in subsection (b) below (and no other liabilities) out of the sale proceeds and (iii) distributed the remaining balance to Administrative Agent and PACOP in accordance with their respective percentage ownership interests in the Company (i.e., 51%, in the case of PACOP, and up to 49%, in the case of Administrative Agent).

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Base Purchase Price Buyer agrees to pay for the Assets the total sum of Thirty Million and No/100 Dollars ($30,000,000.00) (“Base Purchase Price”) to be paid by direct bank deposit or wire transfer in same day funds at the Closing, subject only to the price adjustments set forth in this Agreement.

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