Purchase Price for the Purchased Assets. In consideration of the sale, assignment, transfer, conveyance and delivery of the Purchased Assets by the County to the Buyer and in reliance on the representations, warranties, covenants and agreements made by the County in this Agreement, at the Closing, the Buyer shall: (x) pay to the County, a sum equal to the Net Asset Value (as defined below in Section 4.3) of the Purchased Assets as of the Closing (“Cash Purchase Price”), and (b) assume the Assumed Liabilities (together with the Cash Purchase Price, the “Purchase Price”).
Purchase Price for the Purchased Assets. In consideration of the sale, assignment, transfer, conveyance and delivery of the Purchased Assets by the County to the Buyer and in reliance on the representations, warranties, covenants and agreements made by the County in this Agreement, the Buyer shall pay the County a price (the “Purchase Price”) equal to the Net Asset Value (as defined below in Section 4.3) of the Purchased Assets as of the Closing Date and the Buyer shall also assume the Assumed Liabilities. The Purchase Price shall be paid by the Buyer to the County as follows: (i) the assumption of the payment of the Bond Indebtedness (as defined below in Section 2.4(b)) of the County as provided below in Section 2.4(b) of this Agreement and (ii) to the extent that the Net Asset Value of the Purchased Assets as of the Closing exceeds the Bond Indebtedness to be paid as provided in Section 2.4(b), then the positive difference (if any) shall be paid by the Buyer to the County in cash, at the Closing. Alternatively, upon application by the Buyer to the County at least sixty (60) days prior to the date otherwise fixed for Closing, and with the County's consent, the amount of the cash portion of the Purchase Price shall be financed by the County, and shall be repaid upon such terms, and at such rate of interest as the County and the Buyer shall agree; in which case the Buyer's repayment obligation shall be evidenced by the Buyer's promissory note delivered by the Buyer to the County at the Closing (the “NAV Note”).
Purchase Price for the Purchased Assets. Buyer shall pay, or cause to be paid, the sum of One Million and One Hundred and Fifty Thousand Dollars ($1,150,000) (the “Purchase Price”), payable as follows:
Purchase Price for the Purchased Assets. In consideration of the sale, assignment, transfer conveyance and delivery of the Purchased Assets by Seller to Buyer and in reliance on the representations, warranties, covenants and agreements made by Seller in this Agreement, Buyer shall pay Seller as set forth below:
Purchase Price for the Purchased Assets. Subject to the terms and conditions of the Agreement, in consideration of the sale, assignment, transfer and conveyance to Purchaser of the Purchased Assets, at the Closing, the Purchaser shall (i) pay the Total Purchase Price less the Escrow Amount to the Seller Parent by wire transfer of immediately available funds (the “Closing Payment”); and (ii) assume the Assumed Liabilities.
Purchase Price for the Purchased Assets. In consideration of the sale, assignment, transfer, conveyance and delivery of the Purchased Assets by Port Deposit to the Buyer and in reliance on the representations, warranties, covenants and agreements made by Port Deposit in this Agreement, at the Closing, the Buyer shall: (a) pay to Port Deposit Two Hundred Fifty Thousand Dollars, $250,000, less the Deposit and any moneys owed to Artesian Utility Development, Inc. for operating the plant and equipment prior to Closing, (b) deliver a Promissory Note in the sum of Eight Hundred Thousand Dollars ($800,000) (the “Promissory Note”) payable in four equal installments of $200,000 on the first day of July following the Closing and annually thereafter on the first day of July, and (c) assume the Assumed Liabilities.
Purchase Price for the Purchased Assets. Subject to the terms and conditions of this Agreement, in full consideration for the sale, assignment, transfer, and delivery of Purchased Assets to Purchaser, Purchaser will pay to Seller on the Closing Date, by wire transfer of immediately available funds to an account designated in writing by Purchaser to Seller within three Business Days prior to the Closing Date, $86,657.18, such amount representing the book value of such Purchased Assets as of the most recent month end prior to the Closing Date (the “Purchase Price”).
Purchase Price for the Purchased Assets. In consideration of the sale, assignment, transfer, conveyance and delivery of the Purchased Assets by Seller to Buyer and in reliance on the representations, warranties, covenants and agreements made by Seller in this Agreement, at the Closing Buyer shall pay Seller the sum of Three Million Six Hundred Thousand and 00/100 Dollars ($3,600,000.00) (“Cash Purchase Price”) as set forth in Section 3.3(b) below.
Purchase Price for the Purchased Assets. The purchase price for the Purchased Assets is $21,250,000, plus the Final NWC Adjustment (such sum, the “Purchase Price”), payable as and when provided in this Article III.
Purchase Price for the Purchased Assets. Subject to the other terms of this Agreement, the Purchase Price for the Purchased Assets shall be the sum of:
