Section Purchase Price Sample Clauses
Section Purchase Price. The purchase price (the "Purchase Price") for the Acquired Assets shall consist of an aggregate of $1,000,000, as follows: (a) $650,000 (the "Cash Consideration") payable to Seller on the Closing Date by certified check or wire transfer in immediately available funds pursuant to written instructions provided by an authorized representative of Seller at least one (1) business day prior to Closing and (b) issuing, executing and delivering to Seller on the Closing Date a promissory note in the principal amount of $350,000 having the terms and subject to the conditions contained therein, substantially in the form of Exhibit B hereto (the "Promissory Note").
Section Purchase Price. In consideration for the purchase of any Designated Receivables and the Related Security, NFRRC shall, on the Closing Date, pay to NFC an amount equal to the Initial Aggregate Receivables Balance for such Designated Receivables (the " Purchase Price") and NFC shall execute and deliver to NFRRC an Assignment with respect to such Designated Receivables. On the Closing Date, a portion of the Purchase Price payable on such date equal to approximately $ 493,686,119.62 shall be paid to NFC in immediately available funds, and the balance of the Purchase Price shall be recorded as an advance from NFC to NFRRC under the Navistar Financial Retail Receivables Corporation Revolving Note dated as of December 16, 1991.
Section Purchase Price. The consideration for the purchase of the Acquisition Assets is $2,150,000 (collectively, the price for the Acquisition Assets shall be referred to as the "Purchase Price"). The Purchase Price has been, shall be paid or shall be deemed to have been paid as follow:
(a) At the Closing, Purchaser shall pay $537,500 to Seller;
(a) Purchaser shall pay to Seller $537,500 on each of the following three dates: October 1, 1998, January 1, 1999, and March 1, 1999. All such payments of the Purchase Price by Purchaser to Seller shall be by wire transfer to an account designated in writing by Seller or by a bank cashier's check made payable to Seller.
Section Purchase Price. The Investor shall pay an aggregate purchase price of $750,000.00, or approximately $0.2581 per share, (the "Purchase Price") for the Shares to the Company by check as follows: 1.2 1.3 (a) $105,000 of the Purchase shall be paid at the Closing. The remaining $645,000 shall be paid in (i) five equal monthly installments of $105,000, without interest (each, a "Monthly Payment"), commencing on July 1, 1999, and continuing on the first day of each of the four months thereafter (each, a "Monthly Payment Date") and (ii) a final Monthly Payment of $120,000 payable on the final Monthly Payment Date. 1.4 1.5 (b) The Investor's obligation to make a Monthly Payment on a Monthly Payment Date is subject to the following conditions: 1.6 1.7 (i) Each representation and warranty set forth in Section 3 of this Agreement shall be accurate in all material respects as of such Monthly Payment Date as if made on such Monthly Payment Date (giving effect to any supplement to the Disclosure Schedules provided by the Company). 1.8 1.9 (ii) There shall not have been any material adverse change in the financial condition, property, business, operations, properties, prospects, assets, or condition of the Company, since the date of the Agreement, nor shall any event have occurred or circumstance exist that may result in such a material adverse change.
Section Purchase Price. The purchase price (the "Purchase Price") for the -------------- -------------- Stock shall be Sixty-one Million Four Hundred Seventy-six Thousand Nine Hundred and Forty-nine Dollars ($61,476,949), plus interest on such aggregate amount from January 1, 2001 up to the Closing Date at the rate of 6% per annum. The Purchase Price shall be payable in accordance with the terms of Section 3.2 hereof.