Common use of Purchase Price for Shares Clause in Contracts

Purchase Price for Shares. On the Closing Date, the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of United States Dollars Two Hundred and Fifty Seven Million Five Hundred Thousand (US$257,500,000) (the "Purchase Price") in exchange for the Shares. The Buyer shall have no responsibility or liability hereunder for the Seller's allocation and distribution of the Purchase Price among the Seller Entities. It is expressly agreed and acknowledged that all bank account cash balances, liabilities, cash and receivables prior to the time of Closing to be for Seller Entities' account.

Appears in 2 contracts

Samples: Share Purchase Agreement (Dynagas LNG Partners LP), Share Purchase Agreement

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Purchase Price for Shares. On the Closing Date, the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of United States Dollars Two Hundred and Fifty Seven Thirty Five Million Five Hundred Thousand (US$257,500,000US$ 235,000,000) (the "Purchase Price") in exchange for the Shares. The Buyer shall have no responsibility or liability hereunder for the Seller's allocation and distribution of the Purchase Price among the Seller Entities. It is expressly agreed and acknowledged that all bank account cash balances, liabilities, cash and receivables prior to the time of Closing to be for Seller Entities' account.

Appears in 2 contracts

Samples: Share Purchase Agreement (Dynagas LNG Partners LP), Share Purchase Agreement

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Purchase Price for Shares. On the Closing Date, the Buyer shall pay to the Seller (to such account and beneficiary being a Seller Entity as the Seller shall designate) the amount of United States Dollars Two Hundred and Fifty Seven Thirty Five Million Five Hundred Thousand (US$257,500,000US$ 235,000,000) (the "Purchase Price") in exchange for the Shares. The Buyer shall have no responsibility or liability hereunder for the Seller's ’s allocation and distribution of the Purchase Price among the Seller Entities. It is expressly agreed and acknowledged that all bank account cash balances, liabilities, cash and receivables prior to the time of Closing to be for Seller Entities' account.

Appears in 1 contract

Samples: Share Purchase Agreement (Dynagas LNG Partners LP)

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