Common use of Closing Purchase Price Clause in Contracts

Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan & Worcester LLP, One Post Office Square, Boston, Massachusxxxx 00009, at 10:00 a.m., xxxxx xxxx, xx Xxx 00, 0000 xx xxxx xxxxx xxxx, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC Assets and the DBC Business (the "Purchase Price") shall be an amount equal to $3,137,000 subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the DBC Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)

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Closing Purchase Price. (a) The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxxxx & Worcester LLPXxxxxx, One Post Office SquareP.A., Boston0000 Xxxxxxx Xxxxxx, Massachusxxxx 00009Suite 302, Columbia, South Carolina 29202, at 10:00 a.m., xxxxx xxxxlocal time, xx Xxx 00on May 30, 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC Seller Assets and the DBC Seller Business (the "Purchase Price") shall be an amount equal to $3,137,000 5,000,000, subject to adjustment as provided in Section Sections 2.2(d), 2.3(b) and 2.3(c), plus an amount equal to the sum of (x) the Debt Adjustment and (y) the Prepaid Expenses and minus an amount equal to the sum of (i) the DBC Seller Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.)

Appears in 1 contract

Samples: Asset Purchase Agreement (American Tower Systems Corp)

Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxx & Worcester LLP, One Post Office SquareXxx Xxxx Xxxxxx Xxxxxx, BostonXxxxxx, Massachusxxxx 00009Xxxxxxxxxxxxx 00000, at 10:00 a.m., xxxxx xxxxlocal time, xx Xxx 00on May 21 , 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC BEA Assets and the DBC BEA Business (the "Purchase Price") shall be an amount equal to $3,137,000 4,333,000, subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the DBC BEA Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Tower Systems Corp)

Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan & Worcester LLP, One Post Office Square, Boston, Massachusxxxx 00009Massachusetxx 00000, at 10:00 a.m., xxxxx lxxxx xxxx, xx Xxx 0000 , 0000 xx xxxx xxxxx xxxx, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC BEA Assets and the DBC BEA Business (the "Purchase Price") shall be an amount equal to $3,137,000 4,333,000, subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the DBC BEA Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)

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Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxx, White & Worcester LLPXxxxxx, One Post Office Square0000 Xxxxx Xxxxxxxxxx Xxxxxxxxx, BostonXxxxx 000, Massachusxxxx 00009Xxxxxx Xxxxx, XX 00000, at 10:00 a.m., xxxxx xxxxlocal time, xx Xxx 00on or before September 30, 0000 xx xxxx xxxxx xxxx1997, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC Diablo Assets and the DBC Diablo Business (the "Purchase Price") shall be an amount equal to $3,137,000 subject to adjustment as provided in Section 2.2(d) 40,500,000, plus an amount equal to the sum of the Interim Adjustment and Prepaid Expenses and deposits and minus an amount equal to the sum of (i) the DBC Diablo Nonassumed Obligations, if any, which ATS agrees to assume, assume at the request of Diablo and (ii) Prepaid Revenues.)

Appears in 1 contract

Samples: Asset Purchase Agreement (American Tower Systems Corp)

Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxx & Worcester LLP, One Post Office SquareXxx Xxxx Xxxxxx Xxxxxx, BostonXxxxxx, Massachusxxxx 00009Xxxxxxxxxxxxx 00000, at 10:00 a.m., xxxxx xxxxlocal time, xx Xxx 00on May 21, 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the DBC Assets and the DBC Business (the "Purchase Price") shall be an amount equal to $3,137,000 subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the DBC Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Tower Systems Corp)

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