Common use of Payment on the Closing Date Clause in Contracts

Payment on the Closing Date. (a) Subject to fulfillment or waiver (where permissible) of the conditions set forth in Article IX, at the Closing, Buyer shall pay to Aon an amount equal to the Base Purchase Price, plus (or, if a negative amount, minus the absolute value of) the Estimated Net Worth Adjustment Amount (the “Preliminary Purchase Price”), by wire transfer of immediately available funds to the bank account or accounts specified by Aon in accordance with paragraph (b) hereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ace LTD), Stock Purchase Agreement (Aon Corp)

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Payment on the Closing Date. (a) Subject to fulfillment or waiver (where permissible) of the conditions set forth in Article IX, at the Closing, Buyer shall pay to Aon or its designated Affiliate as required under applicable Requirements of Law an amount equal to the Base Purchase Price, plus (or, if a negative amount, minus the absolute value of) the Estimated Net Worth Adjustment Amount (the “Preliminary Purchase Price”), by wire transfer of immediately available funds to the bank account or accounts specified by Aon in accordance with paragraph (b) hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aon Corp)

Payment on the Closing Date. (a) Subject to fulfillment or waiver (where permissible) of the conditions set forth in Article IX, at the Closing, Buyer shall pay to Aon Seller an amount equal to the Base Purchase Price, plus (or, if a negative amountminus the Estimated Closing Date Indebtedness, minus the absolute value of) the Estimated Net Worth Adjustment Amount Client Escrow Amount, minus any adjustment pursuant to Section 4.8, if any (the “Preliminary Purchase Price”), by wire transfer of immediately available funds to the bank account or accounts specified by Aon Seller in accordance with paragraph (b) hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Catalyst Health Solutions, Inc.)

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Payment on the Closing Date. (a) Subject to fulfillment or waiver (where permissible) of the conditions set forth in Article IX, at the Closing, Buyer shall pay to Aon (or other Sellers as directed by Aon), an amount equal to the Base Purchase Price, plus (or, if a negative amount, minus the absolute value of) the Estimated Net Worth Adjustment Amount (the “Preliminary Purchase Price”), by wire transfer of immediately available funds to the bank account or accounts specified by Aon in accordance with paragraph (b) hereof.

Appears in 1 contract

Samples: Purchase Agreement (Aon Corp)

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