Amounts to be Paid at Closing Sample Clauses

Amounts to be Paid at Closing. At the Closing, Purchaser shall pay to, or as directed by, Seller, by federally insured wire transfer, the total amount of the Purchase Price.
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Amounts to be Paid at Closing. At the Closing, Purchaser shall pay to Seller, by federally insured wire transfer, the total amount of the Purchase Price minus the amount of the Xxxxxxx Money, which Xxxxxxx Money shall be credited against the Purchase Price and retained by Seller. In addition to the Purchase Price, and as a condition to Seller's obligation to close, Purchaser shall pay to Seller all amounts required to be paid by Purchaser pursuant to the terms of the Termination Agreements.
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Amounts to be Paid at Closing. At the Closing, Purchaser shall pay to, or as directed by, Seller, by federally insured wire transfer, the total amount of the Purchase Price. In addition, at the Closing, Purchaser shall, at its expense, but subject to the adjustment of the Purchase Price as set forth in Section 2, cause to be fully defeased, with the consent of the current holder of the hereinafter described Brighton Indebtedness (the “Holder”), all indebtedness (the “Brighton Indebtedness”) owing under that certain Fixed Rate Program Promissory Note Secured by Mortgage dated August 12, 1998 originally made by Bedco Associates Limited Partnership payable originally to Xxxxxx Financial, Inc. (such instrument, as amended from time to time, is herein referred to as the “Brighton Note”) and/or the mortgage or any other documents evidencing or securing the Brighton Note (except that interest owing under the Brighton Note shall be prorated between Seller and Purchaser at the Closing and provided that, for purposes of the Deed and any other applicable provisions of this Agreement, such Brighton Indebtedness shall not be treated as borrowed indebtedness of Seller). In connection with the defeasance as aforesaid, Purchaser shall, at its expense, (1) arrange for and implement, through a defeasance consultant selected by Purchaser and reasonably acceptable to Seller (and Seller agrees that the Holder’s servicer (Wachovia) and Chatham Financial are acceptable to it), a defeasance of such Holder’s liens upon the Property in accordance with the requirements of the Brighton Note and the other loan documents evidencing and securing the Brighton Indebtedness and (2) use commercially reasonable efforts to obtain the Holder’s consent to (A) the assumption of the Brighton Indebtedness by a successor borrower, which successor borrower shall, except as otherwise required by the Holder, be an entity created and wholly owned by such defeasance consultant, simultaneously with (or, if that is not possible, immediately following, or, if that is not possible, as soon as possible after) such defeasance and, if such consent is granted, implement such loan assumption (and obtain Seller’s release from the Brighton Indebtedness as permitted under the Brighton Note) as provided in Section 3.6 of the Brighton Note, and (B) if required, the termination of the Brighton Lease as of the Closing Date. Without limitation of the foregoing, Purchaser shall, at its expense, arrange for and cause to be delivered to the Holder all n...
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Related to Amounts to be Paid at Closing

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arrangers and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such reasonable fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Actions to be Taken at the Closing At the Closing, the Parties will take the following actions and deliver the following documents:

  • Cash at Closing At Closing, Purchaser shall pay to Seller, by wire transferred current federal funds, an amount equal to the Purchase Price, minus the sum of the Xxxxxxx Money which Seller receives at Closing from the Escrowee, and plus or minus, as the case may require, the closing prorations and adjustments to be made pursuant to Section 4(C) below.

  • Transaction Consideration The Transaction Consideration;

  • Deliveries at Closing At the Closing:

  • Transactions at Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Payments at Closing At the Closing, Buyer shall:

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Deliveries at the Closing At the Closing:

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