Price to be paid Sample Clauses
Price to be paid. The value of the Shares to be sold and the Shares to be purchased shall be
(i) if the purchase takes place within of this Agreement and a Specified Value is stated in the Schedule to this Agreement the said Specified Value
(ii) if the original Specified Value stated in the Schedule to this Agreement (or any subsequent Specified Value agreed in accordance with this sub-clause 3(ii)) has been replaced by a new Specified Value by the Parties hereto executing a Memorandum to that effect that new Specified Value. Provided however that any such new Specified Value shall only remain effective for the purpose of this agreement for a period of from the date of execution of the Memorandum bringing it into effect unless the Parties hereto agree a different period and reflect this in the said Memorandum
(iii) in all other cases the fair market value of the Shares at the time of their sale/purchase under the terms of this Agreement as determined by an independent auditor or professional valuer appointed by agreement between the Parties including the personal representatives of the deceased Shareholder. Provided that if the Parties fail to appoint such an auditor or valuer within one month of the event giving rise to an option under Clause 1 or 2 of this Agreement then either Party may request the President for the time being of the Institute of Chartered Accountants in England and Wales to appoint an independent valuer for that purpose.
Price to be paid. (a) The price payable for the goods is QC's price for the goods ("the Price") as quoted by QC at the time of order by the Customer.
Price to be paid. (a) The Purchase Price for each of the Contracts Sold Hereunder (individually, a "Contract") to Green Tree by CAC shall be, for each such Contract, an amount equal to the sum of (i) the then-outstanding principal balance owing on such Contract and (ii) any accrued but unpaid interest at the applicable rate of interest on such Contract to and including the effective date on which the Contracts Sold Hereunder are transferred to Green Tree and (iii) an acquisition premium equal to the amount specified on Exhibit X hereto. The Acquisition Premium shall be deemed fully earned by CAC upon conveyance of the related Manufactured Housing Retail Finance Contract by CAC to Green Tree.
(b) Not later than thirty (30) days after the Consummation Date, Green Tree shall recalculate the accrued interest for those Contracts Sold Hereunder which are set forth on Exhibit A to Schedule 1 (the "Adjusted Contracts") in order to recalculate the accrued interest on each of such Contracts, and the resultant outstanding principal balance (the "Adjusted Balance") for such Contracts, effective as of March 12, 1998, under the assumption that each payment received on such Contracts should be applied effective as of the scheduled date such payment was due. The Purchase Price for each of the Adjusted Contracts shall be reduced by the difference, if any, between the Adjusted Balance and the principal balance originally specified by CAC for such Contract as of March 12, 1998 (the aggregate amount of reduction to the Purchase Price is herein referred to as the "Adjustment Amount"). Cavalier shall be furnished with the supporting data and calculations upon which Green Tree has based its determination of the Adjustment Amount, and CAC shall have a reasonable opportunity, of not more than ten (10) days, to audit and verify such data. CAC and Green Tree shall thereupon agree upon a final determination as to the Adjustment Amount, and CAC shall remit payment to Green Tree for such Adjustment Amount within forty-eight (48) hours from agreement as to such amount. Upon receipt from CAC of the Adjustment Amount, Green Tree shall modify its records for the Adjusted Contracts to reflect the Adjusted Balance, and should provide such notice thereof to the applicable obligors as may be deemed appropriate under the circumstances. If for any reason Green Tree and CAC are unable to agree upon the final Adjustment Amount for the Adjusted Contracts, then such dispute shall be resolved, at either party's reques...
Price to be paid. The value of the Shares to be sold and the Shares to be purchased shall be
(i) if the purchase takes place within of this Agreement and a Specified Value is stated in the Schedule to this Agreement the said Specified Value
(ii) if the original Specified Value stated in the Schedule to this Agreement (or any subsequent Specified Value agreed in accordance with this sub-clause 3(ii)) has been replaced by a new Specified Value by the Parties hereto executing a Memorandum to that effect that new Specified Value. Provided however that any such new Specified Value shall only remain effective for the purpose of this agreement for a period of from the date of execution of the Memorandum bringing it into effect unless the Parties hereto agree a different period and reflect this in the said Memorandum.
Price to be paid. The purchase price to be paid by the SSBIC to SBA for the Shares is $178.5789 per share, or $3,571,578 (the "Purchase Price"), to be paid as follows: $3,571,578 by promissory note of the SSBIC payable to SBA, in the form set forth in Exhibit 3 hereto (the "Note").