Amount Due at Closing Sample Clauses

Amount Due at Closing. At the Closing, ASSIGNEE will pay ASSIGNOR ONE BILLION FIFTY MILLION and NO/100 DOLLARS ($1,050,000,000.00) for the Property (the “Purchase Price”), such amount to be adjusted as specified in Sections 2.1.2, 2.2 and 2.3, and ASSIGNEE will assume the Assumed Obligations and provide the other agreements and covenants provided herein as the total consideration for the Property. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the various portions of the Property and among depreciable assets and nondepreciable assets as provided in Exhibit P.
AutoNDA by SimpleDocs
Amount Due at Closing. The amount due is the Purchase Price less the Deposit, or $ . The Purchaser agrees to present a money order, certified check or cashier's check made payable to the City of Mobile.
Amount Due at Closing. BUYER will pay SELLER TWO HUNDRED FORTY-TWO MILLION and NO/100 DOLLARS ($242,000,000) for the Property (the “Purchase Price”), such amount to be adjusted as specified in Sections 2.1.2, 2.2 and 2.3. BUYER will assume the Assumed Obligations and provide the indemnity, bond and other agreements and covenants provided herein as the total consideration for the Property. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the various portions of the Property and among depreciable assets and nondepreciable assets as provided in Exhibit A, Schedule 7.
Amount Due at Closing. (i) At Closing, Buyer shall pay to Sellers the aggregate cash sum of two hundred thirty-four million, nine hundred and fifty thousand Dollars ($234,950,000 USD) for the Interests (the “Sale Price”) as adjusted pursuant to the terms of this Agreement, said Sale Price to be paid as set forth in (ii) below. (ii) The Sale Price shall be paid to Sellers by Buyer by wire transfer to a bank account to be designated by Sellers in accordance with written instructions to be provided by Sellers to Buyer no later than three (3) business days prior to the Closing.
Amount Due at Closing. On the Closing Date, Purchasers shall pay to Sellers (by wire transfer of immediately available funds to an account or accounts designated by Sellers) the sum of the following amounts (together, the “Closing Date Payment”): (i) the Base Amount plus (ii) ninety percent (90%) of Net Current Asset Value as reasonably estimated by Purchasers in consultation with Sellers as of the Closing Date (the “Estimated Net Current Asset Value Payment”), which estimate of Net Current Asset Value shall, in the case of Inventory, be based on the lower of Sellers’ cost or TESSCO’s cost as reflected in the Closing Date Inventory Report, plus (iii) Net Tangible Asset Value.
Amount Due at Closing. At Closing, BUYER will pay SELLER Fifty-Three Million, Seven Hundred Thousand dollars (U.S. $ 53,700,000) for the Property (the "Purchase Price"), adjusted by the Closing adjustments specified in Section 2.2. The Purchase Price will be subject to the further post-Closing adjustments specified in Section 2.3. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the Purchased Shares and Downstream Pipeline, and among depreciable assets and nondepreciable (or depletable) assets as provided in Exhibit A, Schedule 6.
Amount Due at Closing. ASSIGNEE will pay ASSIGNOR Three Million, One Hundred Seventy-five Thousand and NO/100 DOLLARS ($3,175,000.00) for the Property (the "Purchase Price"), adjusted as specified in Section 2.2 and Section 2.3 and increased by the amount specified in Section 1.3. 1. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the various portions of the Property and among depreciable assets and non-depreciable assets as provided in Exhibit A, Schedule 6.
AutoNDA by SimpleDocs
Amount Due at Closing. PURCHASER will pay SELLER Ten Million and NO/100 DOLLARS (U. S. $10,000,000.00) for the Property (the "PURCHASE PRICE"), adjusted by the Closing adjustments specified in Section 2.2. The Purchase Price will be subject to the further post-Closing adjustments specified in Section 2.3. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the various portions of the Property and among depreciable assets and non-depreciable assets as provided in Exhibit B.
Amount Due at Closing. At Closing, ASSIGNEE will pay ASSIGNOR Two Hundred Forty Six Million, Three Hundred Thousand dollars (U.S. $246,300,000.00) for the Property (the "Purchase Price"), adjusted by the Closing adjustments specified in Section 2.2. The Purchase Price will be subject to the further post-Closing adjustments specified in Section 2.3. For purposes of this Agreement and for federal income tax purposes, the Purchase Price will be allocated among the various portions of the Property and among depreciable assets and nondepreciable (or depletable) assets as provided in Exhibit A, Schedule 7.
Amount Due at Closing. At the Closing, Buyer will pay Seller ONE HUNDRED TEN MILLION DOLLARS ($110,000,000) for the Property (the “Purchase Price”), such amount to be adjusted as specified in Section 3.1(b) and Section 3.2.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!