Examples of Closing Cash Payment in a sentence
No further premiums or payments will be due under the Insurance Policies after the Closing with respect to periods prior to the Closing (except to the extent taken into account in the calculation of the Final Closing Cash Payment).
Xxxxx) or Actual Fraud; (ii) accrued but unpaid compensation for employment services and vested benefits under any Employee Benefit Plan (if applicable); (iii) any Liabilities taken into account in the calculation of the Final Closing Cash Payment; and (iv) the Real Property Lease and the related Leased Real Property owned by Xxxxx X.
For illustration purposes only, an aggregate Total Book Value of the Acquired Assets (as calculated using the correlative "Total Book Value" of each of the applicable delivered assets, as set forth on Schedule 1.1) delivered by Seller to Buyer at the Closing of $5,250,000 would result in a Purchase Price increase of $205,682 ($5,250,000 being an 8.2273% increase over $4,850,903) resulting in an aggregate Purchase Price of $2,705,682 (an 8.2273% increase over the Gross Closing Cash Payment).
Except to the extent paid by any Company prior to Closing or taken into account in the calculation of the Final Closing Cash Payment, any expenses of Sellers and Sellers’ Representative relating to the transactions contemplated by this Agreement (including financial advisory, legal and accounting fees) will be paid by Sellers at or as soon as practicable after Closing.
The purchase price for the Purchased Interests shall be $3,875,308.15 in the aggregate and shall be comprised of (i) the Closing Shares, (ii) the Closing Cash Payment, and (iii) the Deferred Cash Payment (the “Purchase Price”).