Common use of Payment on the Closing Date Clause in Contracts

Payment on the Closing Date. Subject to satisfaction or, if permissible, waiver of the conditions set forth in Article 11 and Article 12, at the Closing, Buyer shall pay, or cause to be paid, the cash portion of the Purchase Price, less the Deposit (plus any interest that has actually accrued thereon), by wire transfer of immediately available funds to an account specified in writing by the Court Officer on the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Payment on the Closing Date. Subject to satisfaction or, or (if permissible, ) waiver of the conditions set forth in Article 11 9 and Article 1210, at the Closing, Buyer shall pay (or shall cause one or more of its Affiliates to pay, or cause ) to be paid, Sellers the Closing Date Payment in cash portion of the Purchase Price, less the Deposit (plus any interest that has actually accrued thereon), by wire transfer of immediately available funds to an the account in the United States specified in writing by the Court Officer on the Closing DateSellers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Verasun Energy Corp), Asset Purchase Agreement

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Payment on the Closing Date. Subject to satisfaction or, if permissible, waiver of the conditions set forth in Article 11 9 and Article 1210, at the Closing, Buyer shall pay, or cause to be paid, the cash portion components of the Table of Contents Purchase Price, less the Deposit (plus any interest that has actually accrued thereon)Good Faith Deposit, by wire transfer of immediately available funds to an account specified in writing by the Court Officer on Sellers prior to the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quicksilver Resources Inc)

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