Common use of Consideration Payment Clause in Contracts

Consideration Payment. (a) The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be equal to: (i) the assumption of Assumed Liabilities, plus (ii) a cash payment of the amount equal to $20,075,000, and plus or minus, as applicable, (iii) the Tax Apportionment Amount (the “Cash Payment”).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Pier 1 Imports Inc/De), Asset Purchase Agreement

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Consideration Payment. (a) The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be equal tobe: (i) the assumption of Assumed Liabilities, plus Liabilities and (ii) a cash payment of the in an amount equal to $20,075,000239,000,000 (which amount shall, and plus or minussubject to Section 2.2(e), as applicableinclude the Deposit with all investment income accruing thereon, (iiiif any) the Tax Apportionment Amount (the “Cash Payment”)) plus the Reimbursement Amount.

Appears in 1 contract

Samples: Asset Purchase Agreement (Invitae Corp)

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Consideration Payment. (a) The aggregate consideration (collectively, the “Purchase Price”) to be paid by Purchaser for the purchase of the Acquired Assets shall be equal tobe: (i) the assumption of Assumed Liabilities, plus Liabilities and (ii) subject to adjustment pursuant to Section 2.7, a cash payment of the amount equal to $20,075,000, and plus or minus, as applicable, (iii) the Tax Apportionment Amount 575,000,000 (the “Cash Payment”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Rite Aid Corp)

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