Respective Price definition

Respective Price means, as to each Buyer, an amount equal to the product of (a) the Purchase Price and (b) such Buyer’s Pro Rata Share (calculated as of the date hereof).

Examples of Respective Price in a sentence

  • Such Buyer has sufficient cash on hand to pay such Buyer’s Respective Price.

  • The purchase price to be paid to the Seller for the sale, transfer, assignment and conveyance of the Seller’s right, title and interest in and to each Buyer’s Respective Receivables is such Buyer’s Respective Price, free and clear and without any deduction or withholding, by wire transfer of immediately available funds to one or more accounts specified by the Seller in the Flow of Funds Letter.

  • The date on which the Closing occurs is referred to in this Agreement as the “Closing Date.” At the Closing, each Buyer shall deliver (or cause to be delivered) to the Seller payment of such Buyer’s Respective Price by wire transfer of immediately available funds to one or more accounts specified by the Seller in the Flow of Funds Letter.

  • Upon payment of each Buyer’s Respective Price by such Buyer, such Buyer will acquire, subject to the terms and conditions set forth in this Agreement and the License Agreement, good and marketable title to such Buyer’s Respective Receivables, free and clear of all Liens.