Purchase Price; Prorations. (a) All revenues (other than Accounts Receivable being purchased by Buyer hereunder) and all expenses arising from the operations of the Business up until 12:01 a.m. on the Closing Date (the "ADJUSTMENT TIME"), including, but not limited to, pole rental fees, rental or other charges payable in respect of the Seller Contracts, sales and use taxes payable with respect to cable television service and equipment, which shall not include sales or use taxes arising out of the consummation of the transaction contemplated hereunder, power and utility charges, real and personal property taxes and assessments levied against the Assets, applicable franchise, copyright or other fees, sales and service charges, wages, payroll taxes and payroll expenses (including accrued vacation pay except to the extent a Purchase Price adjustment in Buyer's favor is made under Section 3.3) of employees of Employer who primarily perform services in connection with the operation of the Business who are employed by Buyer as of the Closing, and other prepaid and deferred items shall be prorated between Buyer and Seller as of the Adjustment Time in accordance with GAAP and the principle that Seller shall receive all revenues (other than Accounts Receivable being purchased by Buyer hereunder) and shall be responsible for all expenses, costs and liabilities allocable to the period prior to the Adjustment Time and Buyer shall receive all revenues and shall be responsible for all expenses, costs and liabilities allocable to the period after the Adjustment Time.
Purchase Price; Prorations. The purchase price payable by Purchaser to Seller for the Sale Assets shall be $1,673,000.00 (the “Purchase Price”), payable as follows:
Purchase Price; Prorations. (a) The purchase price payable by Purchaser to Seller for the Sale Assets shall be Three Million Nine Hundred and Two Thousand and 00/100 Dollars ($3,902,000.00) (the “Purchase Price”) payable by wire transfer of immediately available United States federal funds or other method acceptable to Seller to the account or accounts designated by Seller.
Purchase Price; Prorations. The purchase price payable by Purchaser to Seller for the Sale Assets shall be Four Million Four Hundred Sixty-Three Thousand, Eighty-Eight and 02/100 Dollars ($4,463,088.02) (the “Purchase Price”), of which One Million Six Hundred Fifty-Four Thousand Eighty-Eight and 02/100 Dollars ($1,654,088.02) shall be cash (the “Cash Portion”) and Two Million Eight Hundred Nine Thousand and No/100 Dollars ($2,809,000.00) shall be by the assumption of the Loan, payable as follows:
Purchase Price; Prorations. Except as provided below or in the definition of Pre-Closing Taxes, which shall govern Taxes, the Purchase Price shall be adjusted as of 12:00 A.M. Hollywood, Florida time on the Closing Date (the “Cut-off Time”), based upon a 365 day year, and the net amount of any such adjustment amount, as applicable, shall be added to (if such net amount is in Seller’s favor) or deducted from (if such net amount is in Purchaser’s favor) the Purchase Price. The Purchase Price shall be adjusted as set forth in accordance with the provisions of this Article 11. This Article 11 shall survive the Closing for the Survival Period.
Purchase Price; Prorations. (a) The purchase price payable by Purchaser to Seller for the Sale Assets shall be Three Million One Hundred Thousand Nine Hundred Ninety-Two and 64/100 Dollars ($3,100,992.64), subject to adjustment as described in clause (ii) (the "Purchase Price"), payable as follows:
Purchase Price; Prorations. (a) The purchase price payable by Purchaser to Seller for the Sale Assets shall be Two Million Six Hundred Fifty-Three Thousand and 00/100 Dollars ($2,653,000.00) (the "Purchase Price"), payable on the Closing Date by wire transfer of immediately available United States federal funds to the account or accounts designated by Seller. Any wire transfer on the Closing Date shall be made by 11:00 A.M., New York City time, on such date.
Purchase Price; Prorations. Xxxxxxx Assignee shall pay the Purchase Price as required by the Agreement, subject to the terms and conditions of the Agreement. Subtenant Assignee shall be required to pay and shall pay at Closing the Buyer’s share of the prorations addressed in and allocated pursuant to Section 6.3 and Section 6.5 of the Agreement and shall receive from Seller sums payable to Buyer pursuant to Section 6.3, Section 6.4 and Section 6.5 of the Agreement.
Purchase Price; Prorations. (a) Subject to the terms and conditions of this Agreement, and in full consideration for the sale, assignment, transfer, and delivery of the Property by the Seller to the Purchaser, the aggregate purchase price for the Property shall be Thirty-One Million Dollars ($31,000,000) (the “Purchase Price”), paid in accordance with the following:
Purchase Price; Prorations. Except as provided below or in the definition of Pre-Closing Taxes, which shall govern Taxes, the Purchase Price shall be adjusted as of 11:59 P.M. Houston, Texas time on the day preceding the Closing Date (the “Cut-off Time”), based upon a 365 day year, and the net amount of any such adjustment amount, as applicable, shall be added to (if such net amount is in Seller’s favor) or deducted from (if such net amount is in Purchaser’s favor) the Purchase Price. The Purchase Price shall be adjusted as set forth in accordance with the provisions of this Article 11.
