Payment of Purchase Price at Closing. At the Closing, Buyer shall pay the Purchase Price as follows:
Payment of Purchase Price at Closing. The Investors shall have delivered to the Company the aggregate purchase price owed by such Investors for the Series A Preferred Stock being sold hereunder at the Closing.
Payment of Purchase Price at Closing. Subject to the satisfaction of all of the conditions set forth in this Agreement, at the Closing, Purchaser shall deliver to the Stockholders the Estimated Purchase Price, minus the Escrow Amount, by wire transfer of immediately available funds. Such amount shall be paid to each Stockholder in the proportions provided in Exhibit G. At the Closing Date, Purchaser shall leave the Escrow Amount in the Bank Account and maintain the Escrow Amount in the Bank Account until the adjustment of the Purchase Price has been finalized pursuant to Section 1.3(c). The payment of the Purchase Price and the completion of transactions contemplated hereby shall be subject to the terms of the Deed of Sale and Purchase and receipt by the Stockholders of the Purchase Price as contemplated herein and therein.
Payment of Purchase Price at Closing. At the Closing, subject to the satisfaction of the conditions set forth in this Agreement, the Purchase Price shall be paid by Purchaser to Seller by wire transfer of immediately available funds to the account designated by Seller. The Closing shall be effective as of 24:00 on the Closing Date/00:00 the day after the Closing Date German Time (the "Effective Time").
Payment of Purchase Price at Closing. On the Closing Date, the Exxxxxx Money Deposit, including any additional deposits made pursuant to this Agreement, shall be credited towards payment of the Purchase Price in accordance with Section 5.D, above. Purchaser shall pay the portion of the Allocated Purchase Price to be paid in cash at Closing to Escrow Agent by certified funds or by wire transfer.
Payment of Purchase Price at Closing. The Purchase Price shall be paid to the Sellers at the Closing in the following manner:
Payment of Purchase Price at Closing. At the Closing, the Buyers shall deposit with the Escrow Agent the Purchase Price, subject to the Adjustments, and less the Deposit, and the Escrow Agent shall consummate Closing by simultaneously (i) disbursing all amounts held by the Escrow Agent pursuant to Section 3.1 and 3.2 and otherwise in connection with the sale of the Purchased Assets pursuant to this Agreement, in accordance with the executed Closing Statement (defined below) and an order of the Bankruptcy Court approving the sale and authorizing the Sellers to enter into the sale, which shall be satisfactory to the Trustee (the “Sale Order”) (ii) delivering the deed(s) for recordation, and (iii) delivering the fully-executed other Closing deliveries described in Sections 4.3 and 4.4 to the parties entitled thereto.
Payment of Purchase Price at Closing. At Closing, Purchaser shall pay the Total Purchase Price, subject to credits and adjustments as set forth herein, at Closing to Escrow Agent by wire transfer.
Payment of Purchase Price at Closing. At the Closing, Orchids shall (i) pay to Elgin the Cash Consideration, by wire transfer of immediately available funds to an account designated by Elgin and (ii) deposit with UBS Bank or such other escrow agent mutually agreed upon by the parties hereto (and its successor) (the “Escrow Agent”) the Stock Consideration, in the form of one or one or more stock certificates, duly endorsed in blank or accompanied by one or more stock powers or other similar instruments duly executed in blank, and such other documents duly executed by Orchids, effecting the transfer from Orchids to Elgin of ownership of and title to the Stock Consideration (the “Escrow Shares”). The Escrow Shares shall be held in trust by the Escrow Agent pursuant to the terms of the escrow agreement substantially in the form attached as Exhibit A hereto (the “Escrow Agreement”) and shall be released in accordance with the terms of this Agreement and the Escrow Agreement. The assignment of the Supply Agreement from Elgin to Orchids shall be effective upon payment of the Purchase Price by Orchids as set forth in this Section 3. Likewise, Orchids shall deliver to Elgin a registration rights agreement at Closing, between Orchids US and Elgin, in a form reasonably acceptable to the parties, providing Elgin certain registration rights regarding the Stock Consideration (the “Registration Rights Agreement”).
Payment of Purchase Price at Closing. Solar Wind shall have 90 days from delivery of written notice to the Owners of its election to exercise the Option to close for the acquisition of the Property ("Close of Escrow") and to pay the Owners the Purchase Price. The Close of Escrow shall occur through Citizens Title & Trust, or such other title/escrow agent as agreed upon by the Owners and Solar Wind. The Owners agree to provide at their cost Solar Wind with a standard owner's title policy of insurance upon the Closing. Solar Wind may procure at its cost any extended title policy or endorsements as deemed necessary by Solar Wind. All taxes and assessments shall be pro-rated as of the Closing. Each party shall pay one-half the standard customary closing costs for a commercial real estate transaction in Yuma County, Arizona.
