Payment of the Purchase Price for the Purchased Assets Sample Clauses

Payment of the Purchase Price for the Purchased Assets. Subject to the conditions, covenants, representations and warranties hereof, at Closing, Purchaser shall deliver:
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Payment of the Purchase Price for the Purchased Assets. Subject to the terms and conditions of this Agreement and in reliance on the representations and warranties of Seller herein contained, and in consideration of the sale, conveyance, transfer, delivery, execution and assumption of (i) the Purchased Assets, and (ii) the Assumed Liabilities on the Closing Date, Purchaser agrees to issue Seller a promissory note in the aggregate principal amount of Seven Hundred Fifty Thousand Dollars ($750,000.00) substantially in the form of Exhibit A attached hereto (the "Note").
Sample 1
Payment of the Purchase Price for the Purchased Assets. Subject to ------------------------------------------------------ the terms and conditions of this Agreement and in reliance on the representations and warranties of Seller herein contained, and in consideration of the sale, conveyance, transfer and delivery of the Purchased Assets free and clear of all liens, claims, encumbrances, interests and security interests, Buyer agrees to pay to Seller the following Purchase Price in a combination of cash and two-year restricted DrugMax, Inc. Common Stock plus the amount set forth herein for the acquisition of the Inventory and Accounts Receivable as follows:
Sample 1
Payment of the Purchase Price for the Purchased Assets. No later than Monday, March 16, 2020 Seller shall deliver to Buyer (a) a statement from the State of Delaware on State letterhead setting forth the payoff amount of the WIAC Loans as of March 19, 2020 and the wire payment instructions for making the payoff payment to the State, and (b) wire payment instructions for payment to Seller of the remainder of the Cash Purchase Price.
Sample 1
Payment of the Purchase Price for the Purchased Assets. No later than five (5) business days prior to Closing, Seller shall deliver to Buyer: (i) a statement from WSFS Bank (“WSFS”) on WSFS letterhead setting forth the payoff amount as of the Closing date of the loan relating to the Well 4 Parcel, together with wire payment instructions from WSFS for making the payoff payment; (ii) a statement from the Trustee for that certain General Obligation Bond Water System Improvement Project Series 1997 (the “1997 Bond”) setting forth the payoff amount of the 1997 Bond as of the Closing date, together with wire payment instructions from such Trustee for making the payoff payment or the name and address to which payment by check may be hand delivered on the Closing date; (iii) a statement from the Trustee for that certain General Obligation Bond (Well Treatment Plant Improvement Project) Series 2006 – 21st Century Fund (the “2006 Bond”) setting forth the payoff amount of the 2006 Bond as of the Closing date, together with wire payment instructions from such registered owner for making the payoff payment or the name and address to which payment by check may be hand delivered on the Closing date; and (iv) wire payment instructions for payment to Seller of the remainder of the Cash Purchase Price.
Sample 1

Related to Payment of the Purchase Price for the Purchased Assets

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

  • 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").

  • 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.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • 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.

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

  • 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).

  • SALE OF MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE Section 2.01. Sale of the Mortgage Loans.............................2 Section 2.02. Obligations of Sellers Upon Sale.......................3 Section 2.03. Payment of Purchase Price for the Mortgage Loans.......6

  • Adjustments to the Purchase Price The Purchase Price shall be adjusted as of the Closing Date by:

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