PURCHASE PRICE AND PAYMENT THEREOF. 2.1 The aggregate purchase price (the "Purchase Price") for the Project is the sum of Four Million Fifty Four Thousand One Hundred Eighty One and 25/Dollars ($4,054,181.25). The Purchase Price, adjusted as provided in this Agreement, shall be payable by Purchaser to Seller on the Closing Date (as herein defined) by certified or cashier's check or wire transfer of immediately available funds to Seller's designated financial institution.
PURCHASE PRICE AND PAYMENT THEREOF. The aggregate purchase price for the Business and the Assets shall be three million US dollars ($3,000,000.00) in Securities as described in this Section 1.3 below, reduced dollar for dollar by the amount of the Post-Closing Adjustment (as defined and described in Section 1.5 below) (as adjusted and reduced, the “Purchase Price”). The Purchase Price shall be paid by Purchaser by issuing and delivering Securities to Seller and/or Seller’s designees as follows: (i) on or before the expiration of 3 business days following the Closing Date, Purchaser shall issue and deliver (collectively, the “Closing Delivered Securities”) (A) two (2) million US Dollars in Securities (“First Tranche Securities”) valued at the Share Price (as defined below), less the amount of $300,000.00, each Security being issued by the Purchaser unregistered and restricted, and (B) one (1) million US Dollars in Securities (the “Second Tranche Securities”) at the Share Price, less the amount of $450,000.00, each Security being unregistered, restricted and subject to a lock-up period of eighteen (18) months from the Closing Date or the date that is six (6) months after the transfer of the Securities, whichever is later; (ii) on April 1, 2015, Purchaser shall issue and deliver the number of First Tranche Securities (if any) at the Share Price equal to $300,000.00 less the Post-Closing Adjustment; and (iii) on the one-year anniversary of the Closing Date, Purchaser shall issue and deliver the number of Second Tranche Securities (if any) at the Share Price equal to $450,000.00 (the “Holdback Securities”) less any offsets for Purchaser’s claims for indemnification as an Indemnitee pursuant to Article IV below. The First Tranche Securities will be delivered to Seller and/or its designees set forth on Schedule 1.3 and the Second Tranche Securities will be delivered to Seller and/or those designees of Seller which are set forth on a Second Tranche Designee Notice which Seller shall provide, at its election, to Purchaser at least thirty (30) days prior to the one-year anniversary of the Closing Date; provided, however, Purchaser shall issue Securities to such designees only if such issuance of the Securities to such designees is valid under state and federal securities laws and the designees provide Purchaser with such information as Purchaser reasonably requests to confirm such issuances comply with the law including the representations in Section 2.1(q) below. The final number of Securities to be ...
PURCHASE PRICE AND PAYMENT THEREOF. The purchase price for the -------------------------------------- outstanding stock in the Company shall be composed of (a) a cash amount equal to $500,000, $154,000 of which has already been paid and (b) 18 million shares of the common stock of Purchaser (referred to hereinafter as the "Common Stock"). Each Seller shall receive the percentages of the cash amount and numbers of shares of Common Stock set forth to the right of such Seller's name on Schedule 1.1 hereto. The $346,000 cash amount required by this Section shall be paid in four installments, the first of which shall be in the amount of $69,200 and shall be due and payable at the Closing, the second of which shall be in the amount of $92,266.66 and shall be due and payable 30 days after the Closing, the third in the amount of $92,266.67 payable 60 days after Closing and a final one of which shall be in the amount of $92,266.67 and shall be due and payable 90 days after the Closing, Notwithstanding the above, at first funding the total amount left unpaid, shall be paid in full, at such funding.
PURCHASE PRICE AND PAYMENT THEREOF. 2.1 The aggregate purchase price (the "Purchase Price") for the Project is the sum of Eleven Million Five Hundred Thousand and 00/100 Dollars ($11,500,000.00). The Purchase Price, adjusted as provided in this Agreement, shall be payable by Purchaser to Seller on the Closing Date (as herein defined) by certified or cashier's check or wire transfer of immediately available funds to the agent or institution designated by Seller. 2.2 The Purchase Price shall be allocated among the Land, Improvements and Personal Property in accordance with the schedule attached hereto as Exhibit "C" and made a part hereof by this reference. 3.
PURCHASE PRICE AND PAYMENT THEREOF. The purchase price (the “Purchase Price”) to be paid by Buyer to Seller for the Assets shall be a total of Ten Million Two Hundred Thousand Dollars ($10,200,000) in cash and common stock of Parent. The Purchase Price shall be payable as follows:
PURCHASE PRICE AND PAYMENT THEREOF. The aggregate amount (the “Purchase Price”) to be paid to Seller for the Shares shall be Six Hundred Seventy-Two Thousand Dollars ($672,000.00). At the Closing, Purchasers shall pay the entire Purchase Price to Seller by delivery of a Promissory Note, in the form set forth as Exhibit A hereto.
PURCHASE PRICE AND PAYMENT THEREOF. 5.1 The purchase price payable by the purchaser to the sellers for the shares is R42 000 000,00 (forty two million Rand)
PURCHASE PRICE AND PAYMENT THEREOF. The aggregate purchase price for the Show and the Related Rights is 200,000 registered shares of the common stock of Purchaser ("Common Stock") issued in the name of the Corporation. Each Seller hereby acknowledges that the Corporation received a stock certificate issued in its name representing such shares. 1.4
PURCHASE PRICE AND PAYMENT THEREOF. The purchase price for the Assets (the "Purchase Price") shall be Three Hundred Fifty Thousand ($375,000.00) Dollars.
PURCHASE PRICE AND PAYMENT THEREOF. The aggregate purchase price for the Purchased Assets (the “Purchase Price”) shall be $7,900,000.00. The Purchase Price shall be payable as follows:
