Xxxxxxx Money Payment definition

Xxxxxxx Money Payment has the meaning given in Section 2.4(b).
Sample 1Sample 2Sample 3
Xxxxxxx Money Payment means the payment of $1,000,000 cash made to Xxxxxxx-Xxxxxxx by SVG at the time of the execution and delivery of the Letter of Intent.
Sample 1

Examples of Xxxxxxx Money Payment in a sentence

  • If this transaction fails to close due to any reason by Buyer, the Title Company shall pay the Xxxxxxx Money Payment to the Seller.

  • If this transaction closes, the Xxxxxxx Money Payment shall be credited against the Purchase Price.

  • If this transaction fails to close due to any reason by Seller, the Title Company shall return Xxxxxxx Money Payment to Buyer.

  • Alternatively, BEJN may unilaterally terminate the Xxxxxxx Money Payment Agreement in the event of breach of contract by the other parties to the agreement.

  • The Xxxxxxx Money Payment shall be held in escrow by the Title Company.

  • Based on the above, the Directors consider that the terms of the Xxxxxxx Money Payment Agreement and the payment of the Xxxxxxx Money which is secured by certain assets, electricity charge collection rights etc as mortgage, are fair and reasonable and are entered into on normal commercial terms and in the interests of the Company and its Shareholders as a whole.

  • Shareholders and potential investors of the Company should note that as at the date of this announcement, the Xxxxxxx Money Payment Agreement may or may not lead to the entering into of the Formal Agreement and the Proposed Acquisition may or may not be consummated.

  • Before entering the Dairy premises first get acquainted yourself studying the site layout map displayed at main gate / time keeper office.

  • Upon execution of this Agreement, Buyer --------------------- shall pay to Seller the sum of $25,000 ("Xxxxxxx Money Payment") which shall under no circumstances be refundable to Buyer and shall unconditionally become the property of Seller, but shall nonetheless be credited against the amount of the Purchase Price due from Buyer at Closing.

  • The Xxxxxxx Money Payment Agreement can be mutually terminated by parties to the agreement.

Related to Xxxxxxx Money Payment

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Xxxxxxx Money shall have the meaning assigned thereto in Section 2.3.

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

  • goodwill payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant as an expression of goodwill aimed at resolving a complaint, where the insurer does not accept liability for any financial loss to the complainant as a result of the matter complained about;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Xxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Interim Payment has the meaning specified in Section 10.1.

  • Xxxxxxxx-Xxxxx Act means the Xxxxxxxx-Xxxxx Act of 2002.

  • In-the-Money Amount means (i) in the case of a Call, the excess of the Spot Price over the Strike Price, multiplied by the aggregate amount of the Call Currency to be purchased under the Call, where both prices are quoted in terms of the amount of the Put Currency to be paid for one unit of the Call Currency; and (ii) in the case of a Put, the excess of the Strike Price over the Spot Price, multiplied by the aggregate amount of the Put Currency to be sold under the Put, where both prices are quoted in terms of the amount of the Call Currency to be paid for one unit of the Put Currency.

  • Xxxx Xxxxxxxxx “Xxxxx Xxxx”

  • Xxxxxxxx-Xxxxx Certification As defined in Section 11.05.

  • Xxxxxx Xxxxxxxx Xxx XxXxxx” ”Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxx Xxxxxxxxx “Xxxx Xxxxxx” “X. Xxxx” “Xxxxxxx Xxxxx” LETTER #11 LETTER OF UNDERSTANDING Between THE CITY OF SAULT STE. XXXXX and LOCAL 67 C.U.P.E.

  • Xxxxxxxx Xxxxxx “Xxxxxxxxx Xxxx”

  • Xxxxxxx Xxxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxx Xxxxxxxxxx means, with respect to XXXXX, 0.0326% per annum.

  • Xxxxxx Xxxxxxxxx “Xxxx Xxxxxx”

  • Xxxxxxxx Xxxxxxx “Xxxxxxx Xxx”