Payment of the Asset Purchase Price Sample Clauses

Payment of the Asset Purchase Price. Upon the completion by the ----------------------------------- parties of their respective closing conditions under this Agreement, the Buyer shall pay to Xxxxxx the Asset Purchase Price in cash or other immediately available funds.
Sample 1
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Payment of the Asset Purchase Price. The aggregate purchase price to be paid by Buyer to Seller on account of and as consideration for the Purchased Assets (the "Purchase Price") shall be an amount equal to SEVEN HUNDRED THOUSAND DOLLARS (US$700,000), which shall be paid by Buyer to Seller on the Closing Date by wire transfer of immediately available funds to an account designated by Seller to Buyer in writing plus the assumption by Buyer of the Assumed Liabilities.
Sample 1
Payment of the Asset Purchase Price. The aggregate purchase price to be paid by the Buyer to the Company on account of and as consideration for the Purchased Assets (the "Purchase Price") shall equal to TWO MILLION FOUR HUNDRED THOUSAND DOLLARS (US$2,400,000.00), which shall be paid by Buyer to the Company on the Closing Date by wire transfer of immediately available funds to an account designated by the Company to Buyer in writing, plus the assumption by Buyer of the Assumed Liabilities. In accordance with SECTION 8.3, at the Closing, the Purchase Price shall be delivered by Buyer to Company as follows: (a) TWO MILLION ONE HUNDRED AND FIFTY THOUSAND DOLLARS (US$2,150,000.00) by wire transfer and (b) TWO HUNDRED AND FIFTY THOUSAND DOLLARS (US$250,000.00) paid to the escrow agent pursuant to the escrow agreement attached hereto as EXHIBIT "A" (the "Escrow Agreement").
Sample 1
Payment of the Asset Purchase Price. At the Closing, the Purchaser shall pay to the Sellers, the Asset Purchase Price by wire transfer of immediately available funds to the account previously designated by Sellers and notified in writing to the Purchaser or by means of a manager’s check from a financial institution acceptable to the Sellers.
Sample 1

Related to Payment of the Asset Purchase Price

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

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

  • 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.

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

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

  • Receivables Purchase Price On the Closing Date, the Purchaser shall deliver to the Seller the Receivables Purchase Price, as provided in Section 2.1(b).

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

  • Allocation of the Purchase Price (a) Within ninety (90) days after the final determination of the Final Purchase Price pursuant to Section 2.5, the Sellers will provide the Buyer with a statement (or statements) (the “Asset Acquisition Statement”) with the Sellers’ proposed allocation of the Final Purchase Price (plus any other amounts, including Assumed Liabilities, to the extent properly taken into account as consideration for applicable Tax purposes) among the Transferred Assets and, if applicable, the Ancillary Agreements and any other rights transferred hereunder or thereunder in accordance with Section 1060 of the Code (and any other applicable state, local or non-U.S. Law). The Buyer may, within thirty (30) days after receiving such Asset Acquisition Statement, propose to the Sellers in writing any changes to such Asset Acquisition Statement that are consistent with applicable Law (the “Allocation Notice of Objection”), and if the Buyer does not deliver such a Notice of Objection within such period, the Buyer shall be deemed to have accepted such proposed Asset Acquisition Statement and it shall become final and binding on the Parties. If the Buyer delivers a Notice of Objection, then the Buyer and the Sellers will endeavor in good faith to resolve any differences with respect to the Asset Acquisition Statement within thirty (30) days after the Sellers’ receipt of the Notice of Objection. If the Buyer and the Sellers are unable to resolve such differences, the matters in dispute shall be resolved by the Accounting Firm, which determination by such Accounting Firm shall be consistent with this Agreement. The fees, costs and expenses of the Accounting Firm shall be borne by the Buyer and the Sellers in inverse proportion as they may prevail on matters resolved by the Accounting Firm, which proportionate allocations also shall be determined by the Accounting Firm at the time the determination of the Accounting Firm is rendered.

  • Asset Purchase Purchase or otherwise acquire or permit any Subsidiary to acquire all or substantially all or a substantial portion of the assets of any Person (or any division or line of business of any Person);

  • 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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