Purchase Price; Financing and Payment Sample Clauses

Purchase Price; Financing and Payment a. USBI shall pay to Customer as the purchase price for the Customer Accounts an amount equal to the aggregate face amount thereof of the Customer's EMI Billing Records submitted to LECs by USBI for billing and collection, less: (i) All LEC charges, rejects, unbillables and bad debt deductions; (ii) All credits and adjustments granted End Users; (iii) All USBI processing fees and sales taxes, if applicable; (iv) All financing Service Charges (as defined below); and (v) Any and all losses, costs or expenses incurred by USBI in processing or collecting the Customer Accounts from all previously Processed EMI Billing Records. b. With regard to each transmission of Processed EMI Billing Records, Customer requests that USBI finance under its Loan Agreement with its third- party lender up to seven percent (70%) of the dollars arising from Customer's Eligible Accounts (defined as those calls which are transmitted by USBI to LECs for collection) on such Processed EMI Billing Records, the amount so financed being the "Initial Payment" to be made to Customer for the Processed EMI Billing Records and to, be made within five (5) Business Days from the Purchase Date. However, USBI reserves the right to periodically evaluate the amount realized from Processed EMI Billing Records and shall have the right to adjust the amount financed to provide adequate collateral for future funding. As used herein, the term "Payment Date" shall be the date upon which Customer is wired the Initial Payment for the Processed EMI Billing Records, less any bank fees charged for such wire transfer.
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Related to Purchase Price; Financing and Payment

  • Purchase Price and Payment Unless otherwise agreed in writing between the selling Investor Member and the Company, the price of Class A Investor Shares purchased and sold pursuant to this section 8.6 shall be ninety percent (90%) of the then-current value of such Class A Investor Shares as determined by the Company in accordance with its financial model. The purchase price shall be paid by wire transfer or other immediately available funds at closing, which shall be held within sixty (60) days following written notice from the Manager. P a g e | 17

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Purchase Price and Payment Terms The purchase price for all the Assets is as follows, $2,000,000 worth of Companies restricted shares at closing by issuing 2,000,000 shares of pre reverse, CRT stock.

  • AMOUNT AND PAYMENT OF PURCHASE PRICE The total consideration and method of payment thereof are fully set out in Exhibit "A" attached hereto and made a part hereof.

  • Pricing and Payment During the Term, the purchase price payable by Purchaser to Seller in respect of Coke Tonnage is the Coke Price (except for Nonconforming Coke Tonnage that is rejected by Purchaser pursuant to Section 5.1(b)(iii)), and for Nonconforming Coke Tonnage that is not rejected by Purchaser is the applicable price set forth in Section 5.1(b)(iii). Such amounts shall be payable in accordance with Section 3.3.

  • Price and Payment The price of each Provisioning Item repurchased by Boeing pursuant to this Article 6 will be an amount equal to 100% of the original invoice price thereof except that the repurchase price of Provisioning Items purchased pursuant to Article 3.2.2 will not include Boeing’s 12% handling charge. Boeing will pay the repurchase price by issuing a credit memorandum in favor of Customer which may be applied against amounts due Boeing for the purchase of Spare Parts or Standards.

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

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

  • Closing Purchase Price The Closing Purchase Price (the "Closing Purchase Price") shall be paid or delivered by Buyer at Closing in the following manner:

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

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