1Purchase Price. The total purchase price for the Property that Purchaser agrees to pay to Seller shall be Sixty Two Million Seven Hundred One Thousand and No/100 Dollars ($62,701,000.00), subject to adjustments and prorations as provided in this Agreement (the “Purchase Price”).
1Purchase Price. The Purchase Price for the Property will be payable by Buyer to Seller at the Closing by wire transfer of immediately available federal funds.
1Purchase Price. The purchase price for the Properties shall be One Hundred Sixty Million Dollars ($160,000,000) (such amount, unadjusted by any adjustments provided for in this Agreement or agreed to by the parties, being herein called the “Base Purchase Price”). Such Base Purchase Price may be adjusted as provided in Section 6.5, Article VII, and Article XI hereof (the Base Purchase Price, as so adjusted, and as the same may otherwise be adjusted by mutual agreement of the parties, being herein called the “Purchase Price”). The Purchase Price shall be paid in cash at the Closing as hereinafter provided.
1Purchase Price. The purchase price for the Properties (the “Purchase Price”) is $103,300,000.
1Purchase Price. Purchaser agrees to pay the Purchase Price for the acquisition of the Property, subject to the terms of this Agreement.
1Purchase Price. The purchase price for the Assets shall be US$210,000,000.00, consisting of US$175,000,000.00 (the “Initial Consideration Payment”) plus US$25,000,000.00 (the “Contingent Consideration-Upper Eagleford”) plus US$10,000,000.00 (the “Contingent Consideration-NYMEX Strip Price”; together with the Initial Consideration Payment and the Contingent Consideration-Upper Eagleford, collectively, the “Purchase Price”), adjusted as provided in Section 3.3. The Adjusted Purchase Price (as hereinafter defined) less the Deposit shall be payable in United States currency by wire transfer in same-day funds as and when provided in this Agreement.
1Purchase Price. The consideration for the purchase, sale and assignment of the Assets by Sellers to Buyer at Closing shall be comprised of (a) an amount equal to Forty-Three Million Two Hundred Sixty Six Thousand Four Hundred Thirteen Dollars and Thirty-Five Cents 5 Exhibit 2.1 ($43,266,413.35) (the “Cash Purchase Price”), as adjusted in accordance with this Agreement (the “Adjusted Purchase Price”) and (b) all of Buyer’s right, title and interest in and to the Buyer Leases and Buyer Lease Records (the “In-Kind Consideration” and together with the Adjusted Purchase Price, the “Total Consideration”). The Adjusted Purchase Price (minus the Deposit and any earnings thereon prior to the Closing Date and any amount to be deposited into escrow pursuant to Sections 10.1(b), 10.2 and 10.4), as determined at Closing (the “Closing Cash Payment”) shall be paid by Buyer to Sellers at Closing by means of a completed wire transfer in immediately available funds to the account designated by Sellers. Each Seller shall be entitled to and shall receive its pro rata portion of the Cash Purchase Price (and each Seller shall be allocated a pro rata portion of adjustments required to be made to the Cash Purchase Price and costs to be borne by the Sellers pursuant to Section 3.3) based on (a) its relative interests in the Assets and (b) the extent to which any Title Defects, Environmental Defects, or other matters (in respect of which adjustments are required to be made to the Cash Purchase Price) affect its interests in the Assets.
1Purchase Price. Buyer agrees to purchase and receive, and Seller agrees to sell and deliver, the Asset and the Assumed Contracts for consideration described below (the “Purchase Price”). The total Purchase Price is $253,500.00 shall be paid in full at Closing. The Purchase Price shall be paid as follows:
1Purchase Price. The aggregate purchase price for the Properties is Two Hundred Seventeen Million Dollars ($217,000,000.00) (the “Purchase Price”), which shall be adjusted at Closing for the Prorations pursuant to Section 11.2 hereof, and as otherwise expressly provided in this Agreement. The Parties acknowledge and agree that the Purchase Price is comprised of the sum of (i) the outstanding principal balance of the Assumed Loans, and (ii) the Cash Consideration, as more particularly set forth on Schedule 3.3.5 attached hereto which shall be adjusted at Closing for the Prorations pursuant to Section 11.2 hereof and as otherwise provided in this Agreement, as the same may be amended from time to time in accordance with the terms and conditions of this Agreement.
1Purchase Price. Upon the terms and subject to the conditions contained herein, Buyer shall pay to Seller in consideration for the Transferred Assets an amount in cash equal to the sum of $1,200,000 (collectively, the “Purchase Price”). Buyer has, pursuant to the terms of the Escrow Agreement, deposited with Citibank, N.A., in its capacity as escrow agent (the “Escrow Agent”) the sum of $200,000 by wire transfer of immediately available funds (the “Escrowed Funds”), to be released by the Escrow Agent and delivered to either Buyer or Seller, in accordance with the provisions of this Agreement and the Escrow Agreement. Pursuant to the Escrow Agreement, the Escrowed Funds (together with all accrued investment income thereon) shall be distributed as follows:
