Payment of the Closing Purchase Price. At the Closing, Purchaser shall pay to Seller the Closing Purchase Price by wire transfer of immediately available funds in accordance with instructions provided by Seller.
Payment of the Closing Purchase Price. Not later than forty-eight (48) hours prior to the Closing, Seller shall deliver to Buyer a statement (the "Preliminary Statement") setting forth in reasonable detail Seller's reasonable estimate of (i) the Closing Net Working Capital (which shall include Seller's share of the prorated charges and other items described in Section 4.3 of this Agreement as of the Closing Date), prepared in accordance with the methodology set forth on Exhibit G (the "Estimated Net Working Capital"), and (ii) an estimate of the Purchase Price based thereon (the "Closing Purchase Price"). At the Closing on the Closing Date, Buyer shall make a cash payment to Seller in an amount equal to the Closing Purchase Price minus (1) an amount equal to the Indemnification Holdback (which amount will be placed in the Indemnification Holdback Escrow Account by Buyer pursuant to Section 3.1(c)); (2) an amount equal to the Adjustment Amount Escrow (which amount will be placed in the Adjustment Amount Escrow Account by Buyer pursuant to Section 3.1(d)); (3) an amount equal to the Cure Amount Escrow (which amount shall be placed in the Cure Escrow Account by Buyer pursuant to Section 3.1(b)); and (4) an amount equal to the Xxxxxxx Money (which amount Buyer shall cause to be transferred at Closing to Seller from the Xxxxxxx Money Escrow Agent pursuant to the terms of this Agreement and the Xxxxxxx Money Escrow Agreement), such cash payment (the "Closing Payment") to be made by wire transfer of immediately available funds to such account as Seller shall designate. For the sake of clarity, an example is set forth on Exhibit G, Example 3.3.
Payment of the Closing Purchase Price. At least three (3) Business Days prior to the Closing, Sellers shall deliver to Buyer a statement setting forth Sellers' good faith estimate of the Final Net Working Capital Calculation (which shall include Sellers' prorated charges and other items described in Section 4.3 hereof as of the Closing Date) prepared in accordance with the provisions of Exhibit F (the "Estimated Net Working Capital Calculation"), and an estimate of the Purchase Price based thereon (the "Closing Purchase Price"). At the Closing, Buyer shall make a cash payment (the "Closing Payment") to the Sellers in the amount equal to the Closing Purchase Price minus an amount equal to the Deposit, such cash payment to be made by wire transfer of immediately available funds to such account as Sellers shall designate. At the Closing, the Escrow Agent shall transfer an amount equal to the amount held in the Deposit Escrow Account to the Sellers by wire transfer of immediately available funds to such account as Sellers shall designate.
Payment of the Closing Purchase Price. The Closing Purchase Price shall be paid by the Purchaser and satisfied at the time of Closing on the Closing Date by certified cheque or bank draft payable as directed by the Vendor, in writing, at least two business days prior to the Closing Date.
Payment of the Closing Purchase Price. On the Closing Date:
Payment of the Closing Purchase Price. Purchaser will pay the Closing Purchase Price to Sellers in immediately available funds on the Closing Date in accordance with Seller’s written instructions. By no later than 1:00 (one o’clock) in the afternoon (Eastern Time) on the Closing Date, Purchaser will instruct its bank or banks to transfer the amount of the Closing Purchase Price to a bank specified by Sellers by wire transfer of immediately available funds. Purchaser will pay the Eastgate Purchase Price to Sellers in immediately available funds within three (3) Business Days of the receipt thereof. Any adjustment to the Closing Purchase Price will be paid in accordance with Section 3.04(b).
Payment of the Closing Purchase Price. Not later than five (5) Business Days prior to the Closing, Seller shall deliver to Buyer a statement (the "Preliminary Statement") setting forth in reasonable detail Seller's good faith estimate of the Closing Inventory Amount and the
Payment of the Closing Purchase Price. On the Closing Date: (a) Buyer will pay to Bank of the West or other financial institution mutually agreeable to the parties (the "Escrow Agent") by wire transfer of immediately available funds an amount to be agreed upon by the parties, with instructions to retain, apply and dispose of these funds in accordance with the time of the Escrow Agreement among Buyer, Seller and Escrow Agent, in the form of Exhibit F to this Agreement in order to provide for the payment of certain potential liabilities of the Selling Parties to Buyer under this Agreement, including without limitation those listed on SCHEDULE 2.3. (b) Buyer will pay to Seller the remaining Base Purchase Price, after deducting the amount remitted to the Escrow Agent in accordance with subparagraph (a) above, without adjustment by the
Payment of the Closing Purchase Price. (a) At the Closing, the Purchaser agrees:
Payment of the Closing Purchase Price. In exchange for the Purchased Equity, Purchaser shall pay to the Shareholders at Closing a cash payment in an amount equal to |||||||||| |||||||||| plus or less the Closing Adjustments (as the case may be) (the “Closing Cash Payment”). The Closing Cash Payment shall be paid at Closing as provided in Section 2.3(b).
