Payment of the Initial Purchase Price. The Initial Purchase Price shall be paid on the Closing Date in accordance with Clause 4.3.
Payment of the Initial Purchase Price. Upon the terms and subject to the conditions of this Agreement, at the Closing, Buyer shall pay to each Seller its applicable portion of the Initial Purchase Price by (a) delivery to each Seller, as applicable, of an amount equal to such Seller’s Initial Purchase Price Cash Consideration, in immediately available funds by wire transfer to the account designated by such Seller in writing at least three (3) Business Days prior to Closing; and (b) electronic delivery to each Seller, as applicable, of that number of shares of restricted common stock of Buyer representing such Seller’s Initial Purchase Price Restricted Stock Consideration, as set forth on Schedule A, to the brokerage or other account designated by such Seller in writing at least three (3) Business Days prior to Closing; provided, however, that if such Seller’s account is not credited with such shares within three (3) Business Days after Closing, then upon notice by such Seller, Buyer shall deliver to such Seller the cash equivalent of such Seller’s Initial Purchase Price Restricted Stock Consideration in immediately available funds by wire transfer to the account designated by such Seller in such notice. Each of the Sellers acknowledges and agrees that all shares delivered to such Seller pursuant to this Section 2.4 shall be deemed to be Restricted Company Shares under the Lock-Up Agreement and shall be subject to the restrictions under the Lock-Up Agreement. Schedule A will be updated by Buyer at the Closing such that the actual amounts of each Seller’s Initial Purchase Price Cash Consideration and Initial Purchase Price Restricted Stock Consideration to be paid/issued to each Seller by Buyer at Closing are set forth on Schedule A at Closing, which updated schedule shall be delivered by Buyer to the Selling Parties at the Closing.
Payment of the Initial Purchase Price. On the date hereof Buyer pays to Sellers the “Initial Price”, in each case on a pro rata basis (as set forth in Schedule 3.2), as follows:
Payment of the Initial Purchase Price. (a) At the Closing, Matria shall pay to Seller, via wire transfer of immediately available funds in accordance with the written instructions of the Seller, the Estimated Initial Purchase Price, less Six Hundred Sixty-Seven Thousand Dollars ($687,000.00) to be deposited into escrow pursuant to Section 2.2(b).
Payment of the Initial Purchase Price. Section 2.2 of the Purchase Agreement is hereby amended to read as follows: "In consideration of Seller's sale, transfer, assignment, conveyance and delivery of the Assets, Contracts and Assumed Liabilities, Buyer shall, at the Closing, pay the Initial Purchase Price to Seller as follows: (a) by delivery of the Performance Note, and (b) by wire transfer of immediately available funds in an amount equal to $3.5 million."
Payment of the Initial Purchase Price. On the Closing Date, Sweden Buyer shall pay, or cause the payment of, the Initial Purchase Price less the Goodwill Deposit and the Seller Financing Amount (the “Net Initial Purchase Price”) by wire transfer in immediately available funds into a bank account of Parent (which account shall have been designated by Parent no later than two Business Days prior to the Closing Date). Such amount shall be paid in accordance with Section 12.5. The part of the Initial Purchase Price as is constituted by the Goodwill Deposit will be satisfied by release of the Goodwill Deposit to Parent by the Escrow Agent in accordance with Section 2.8(b) and the terms of the Escrow Agreement. The part of the Initial Purchase Price as is constituted by the Seller Financing Amount will be satisfied by execution, delivery and performance of the Seller Financing Agreement.
Payment of the Initial Purchase Price. 4.3.1 The Purchaser shall pay the Initial Payment to bank account number [bank account details], with reference to mBalance, in the name of Derdengelden Notariaat Houthoff Buruma N.V., Rotterdam, a designated account (kwaliteitsrekening), no later than 10.00
Payment of the Initial Purchase Price. 4.3.1 The Purchaser shall pay the Initial Payment to bank account number [bank account details], with reference to mBalance, in the name of Derdengelden Notariaat Houthoff Buruma N.V., Rotterdam, a designated account (kwaliteitsrekening), no later than 10.00 a.m. CET on the Closing Date and with value on the Closing Date, which amount shall be held by the Notary for and on behalf of the Purchaser until such time as the Shares shall have been transferred to the Purchaser after which the Notary shall hold the Initial Payment for and on behalf of the Seller and shall pay such amount in accordance with the Seller's instructions.
Payment of the Initial Purchase Price. The Initial Purchase Price shall be paid as follows:
Payment of the Initial Purchase Price. 2.5.1 The Parties agree that, upon Closing, the Purchaser shall pay to the Sellers the Initial Purchase Price by wire transfer of immediately available funds to the Sellers’ bank accounts as may be designated in writing by the Sellers’ Representative at least five (5) Business Days prior to the Closing Date (the “Payment at Closing”).
