PAYMENTS OF PURCHASE PRICE BY TENDER AGENT Sample Clauses

PAYMENTS OF PURCHASE PRICE BY TENDER AGENT. On the date set for purchase of tendered Bonds and upon receipt by the Tender Agent of 100% of the aggregate purchase price of the tendered Bonds, ethe Tendeer Agent shall pay the purchase price of such Bonds to the selling Owners thereof at its Principal Office on or before 2:00 p.m. on the later of the day of surrender of such Bonds to the Tender Agent properly endorsed for transfer in blank, with all signatures guaranteed to the satisfaction of the Tender Agent, or the date designated in the notice delivered pursuant to Section 4.01(b). Such payments shall be made in immediately available funds, but solely from the following sources in the order of priority indicated, neither the Issuer, the Trustee, the Tender Agent nor the Remarketing Agent having an obligation to use funds from any other source:
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PAYMENTS OF PURCHASE PRICE BY TENDER AGENT. On the Fixed Rate Conversion Date the Tender Agent shall pay the purchase price of the Bonds to the selling Owners thereof at its Principal Office on or before 2:00 p.m. on the day of surrender of such Bonds to the Tender Agent properly endorsed for transfer in blank, with all signatures guaranteed to the satisfaction of the Tender Agent. Such payments shall be made in immediately available funds, but solely from the following sources in the order of priority indicated, neither the Issuer, the Trustee, the Tender Agent nor the Remarketing Agent having an obligation to use funds from any other source:
PAYMENTS OF PURCHASE PRICE BY TENDER AGENT. On the mandatory tender date the Tender Agent shall pay the purchase price of the Bonds to the selling Owners thereof at its Principal Office upon surrender of such Bonds to the Tender Agent properly endorsed for transfer in blank with all signatures guaranteed to the satisfaction of the Tender Agent. Such payments shall be made in immediately available funds, but solely from the following sources in the order of priority indicated, neither the Issuer, the Trustee nor the Tender Agent having an obligation to use funds from any other source:

Related to PAYMENTS OF PURCHASE PRICE BY TENDER AGENT

  • AMOUNT AND PAYMENT OF PURCHASE PRICE The total consideration and method of payment thereof are fully set out in Exhibit "A" attached hereto and made a part hereof.

  • Payment of Purchase Price Upon Exercise At the time of any exercise, the Exercise Price of the Shares as to which this Option is exercised shall be paid in cash to the Company, unless, in accordance with the provisions of Section 4.2(c) of the Plan, the Board shall permit or require payment of the purchase price in another manner set forth in the Plan.

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

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Delivery of Shares Tendered in Payment of Purchase Price If the Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

  • 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").

  • Purchase Price Payments 23 Section 10.02. THE PURCHASER NOTE.........................................................................23 ARTICLE XI Confidentiality.......................................................................................24 ARTICLE XII Term.................................................................................................25

  • Purchase Price Deposit The purchase price (the “Purchase Price”) for the Property, subject to adjustments as provided in this Agreement, shall be FIFTY MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS and 00/100 Dollars ($50,250,000.00), and shall be paid as follows:

  • Amount of Purchase Price The purchase price (“Purchase Price”) per Share for each Share which Optionee is entitled to purchase under the Options shall be $2.25 per Share.

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

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