Payment to SELLER by PURCHASER Sample Clauses

Payment to SELLER by PURCHASER. At the Closing, Purchaser shall deliver to Seller a certified check or wire transfer in the amount of $1,000,000, a promissory note in the amount of $750,000 (or less pursuant to the provisions of Article One, S 1.4), and a certificate evidencing Seller's 10% equity interest in Purchaser. At the Closing, Seller shall execute the Purchaser's member control agreement.
Sample 1
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Payment to SELLER by PURCHASER. At the Closing, PURCHASER pay SELLERS the amount of $500,000.00, $400,000.00 in cash less any escrow deposit, and 18,182 shares of PURCHASER common stock. Payments to the SELLERS will be made as follows: Xx. Xxx X. Segal, cash $225,000.00, $250 000.00 less $25,000.00 escrow; Xx. Xxxx X. Segal, cash of $150,000.00 and 13,637 shares (18,182 less 4,545 escrow shares). The cash proceeds shall be reduced proportionately to account for the escrow deposit.
Sample 1
Payment to SELLER by PURCHASER. At the Closing, PURCHASER shall ------------------------------ deliver to SELLER the Short-Term Note and the Long-Term Note and any cash required pursuant to this Agreement to be delivered at Closing.
Sample 1

Related to Payment to SELLER by PURCHASER

  • Deliveries by Purchaser At the Closing, Purchaser shall deliver to Seller the following:

  • Closing Deliveries by Purchaser At the Closing, Purchaser shall deliver to Seller:

  • Representations by Purchasers; Resale by Purchasers (a) Each Purchaser severally represents and warrants to the Company that it is an "accredited investor" within the meaning of Regulation D under the Securities Act.

  • Closing Deliveries by Seller At the Closing, Seller shall deliver to Purchaser:

  • Agreement to Sell and Purchase Subject to and in accordance with the terms and conditions of this Agreement, Buyer agrees to purchase the Assets from Seller, and Seller agrees to sell the Assets to Buyer.

  • Deliveries by Seller At the Closing, Seller shall deliver, or cause to be delivered, to Buyer the following:

  • Agreement to Subscribe Purchase Price (i) SELLER and BUYER are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded by Rule 506 under Regulation D ("Regulation D") as promulgated by the United States Securities and Exchange Commission (the "Commission") under the Securities Act; and

  • Agreement to Sell and Purchase the Shares At the Closing (as defined in Section 3), the Company will sell to the Purchaser, and the Purchaser will buy from the Company, upon the terms and conditions hereinafter set forth, the number of Shares (at the purchase price) shown below:

  • Closing Deliveries by Buyer At the Closing, Buyer shall deliver or cause to be delivered to Seller:

  • Deliveries by Sellers At the Closing, Sellers shall deliver to Purchaser:

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