Payment of the Purchase Consideration Sample Clauses

Payment of the Purchase Consideration. In consideration of Sellers' sale, conveyance, transfer, delivery and assignment of the Assets and Contracts, Buyer shall on the Closing Date make a cash payment to Sellers in the amount of ** Dollars ($**), payable by wire transfer in readily available funds to First Security Bank; Salt Lake City, Utah; 18A 124 000012; for the account of Covol Technology; Acct. #0600019939 (the "Purchase Consideration").
Payment of the Purchase Consideration. In consideration of Sellers' sale, conveyance, transfer, delivery and assignment of the Facility to Buyer on the Closing Date in accordance with this Agreement, Buyer shall:
Payment of the Purchase Consideration. In consideration of Seller's sale, conveyance, transfer, delivery and assignment of the Assets and Contracts, Buyer shall (a) on the Closing Date, make a cash payment to Seller in the amount of One Million Two Hundred Fifty Thousand Dollars ($1,250,000.00), payable by wire transfer in readily available funds to First Security Bank; Salt Lake City, Utah; 18A 124 000012; for the account of Covol Technology; Acct. **; (b) on the Closing Date, make a cash payment, on behalf of Seller, to Fun Enterprises in the amount of Four Million Dollars ($4,000,000.00), payable by wire transfer in accordance with the Modification Agreement; (c) on the Closing Date and pursuant to the Modification Agreement, execute and deliver a Replacement Promissory Note made payable to the order of Fun Enterprises in the amount of Nine Hundred Forty-Five Thousand Eight Hundred Ninety-Two Dollars ($945,892.00) and bearing interest at a per annum rate of 5.5 percent; and (d) thereafter make the Performance Payments, if any, when and as provided in Section 2.7, in the form of cash payments to Seller, payable by wire transfer in readily available funds to First Security Bank; Salt Lake City, Utah; 18A 124 000012; for the account of Covol Technology; Acct. **, or pursuant to such other payment instructions delivered by written notice given by Seller to Buyer pursuant to Section 10.5 hereof at least two business days prior to the due date of any such payment (the payments described in clauses (a), (b), (c) and (d) of this Section 2.2 shall collectively be referred to herein as the "Purchase Consideration").
Payment of the Purchase Consideration. The Purchaser Price shall pay to the Purchase Consideration to the Vendor upon the execution of the Shares Sale Agreement.
Payment of the Purchase Consideration. The Purchase Consideration shall be satisfied partly in cash and in new DNeX ordinary shares (“DNeX Shares”) to be issued upon terms to be mutually agreed.
Payment of the Purchase Consideration. The Purchase Consideration will be paid by the Purchaser to the Seller on the Signature Date, against compliance by the Seller with the provisions of clause 6.1.
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Payment of the Purchase Consideration. 11.1 The Deposit and the Balance of the Purchase Consideration shall be paid as follows, an amount equal to the –
Payment of the Purchase Consideration 

Related to Payment of the Purchase Consideration

  • Purchase Consideration The consideration payable in connection with a purchase transaction shall be debited from the appropriate deposit account of the Portfolio as of the time and date that funds would ordinarily be required to settle the transaction in the applicable market. The Custodian shall promptly recredit the amount at the time that the Portfolio or the Fund notifies the Custodian by Proper Instruction that the transaction has been canceled.

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

  • Payment of Consideration The Consideration shall be paid to the Contributor in the following manner:

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Transaction Consideration The Transaction Consideration;

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the "Purchase Price") shall be the amount equal to $1.00 (the "Purchase Price").

  • Payment of Repurchase Price The Repurchase Price shall be payable, at the option of the Company or its assignee(s), by check or by cancellation of all or a portion of any outstanding purchase money indebtedness owed by Participant to the Company, or such assignee, or by any combination thereof. The Repurchase Price shall be paid without interest within sixty (60) days after exercise of the Repurchase Option.

  • The Consideration 2.1 The Borrower agrees, as consideration for the Loan, to:

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