Balance Due at Closing. The balance of the Total Purchase Price in the amount set forth above together with the Additional Closing Costs, set out in section 2 (c) below, shall be deposited two (2) business days before Closing in the form of electronic funds in the Escrow Account, in accordance with the wire instructions contained in Exhibit C, and shall be credited toward the Purchase Price at Closing.
Balance Due at Closing. Upon Closing, the remaining balance of the Purchase Price in the amount of $ shall be paid to Seller by Buyer, by certified check, bank cashier's check or wire transfer.
Balance Due at Closing. The balance of the Purchase Price, as adjusted by credits and prorations, shall be 10. paid at Closing by cash, loan, or combination of both, as dictated by law or local customs.
Balance Due at Closing. $ Purchaser has paid to Xxxxxxxxxxxx Commercial the sum of $ , as xxxxxxx money, which xxxxxxx money is to be promptly deposited into Xxxxxxxxxxxx Commericals escrow account and is to be applied as part payment of the purchase price at the time of closing or as otherwise provided herein. All parties hereto agree that Auctioneer may deposit the xxxxxxx money in an interest-bearing escrow account and all parties hereto understand and agree that disbursement of xxxxxxx money can occur only as follows: (a) at closing; (b) upon written agreement signed by all parties to this contract; (c) upon court order; or (d) upon failure of Seller to perform Seller’s obligation to close in accordance with this contract, then Purchaser’s sole remedy against the Seller shall be the return of xxxxxxx money to Purchaser as liquidated damages. In all cases, Purchasers sole and exclusive remedy in the event of a default by Seller shall be the return of Purchasers xxxxxxx money. Purchaser hereby waives all other rights and remedies available at law or in equity; or (e) upon failure of Purchaser to fulfill Purchaser’s obligations to close in accordance with this contract, the xxxxxxx money shall be paid to Seller as liquidated damages and not a penalty, the parties hereto agreeing that the damages caused by a breach of the contract are difficult to estimate, the parties hereto intend to provide for liquidated damages rather than a penalty and the xxxxxxx money is a reasonable estimate of the probable loss upon a breach. Purchaser understands and hereby expressly acknowledges that in no event will he/she/it be entitled to the remedy of specific performance. If any dispute arises between Purchaser and Seller as to the final disposition of all or part of the xxxxxxx money, Auctioneer may, in its sole discretion, notify Purchaser and Seller in writing that Auctioneer is unable to resolve such dispute and may interplead all or any disputed part of the xxxxxxx money into court, whereupon Auctioneer and Xxxxxxxxxxxx Commercial shall be discharged from any further liability with respect to the xxxxxxx money deposit and shall be entitled to recover its fees and expenses, including attorneys’ fees in connection with said interpleader from the xxxxxxx money; or, upon fifteen (15) days written notice to the parties, Auctioneer or Xxxxxxxxxxxx Commercial may make a disbursement of the xxxxxxx money upon a reasonable interpretation of this contract. In either event, the parties hereto release a...
Balance Due at Closing. Customer agrees that upon execution of this Supplemental Agreement No. 1 to transfer to Boeing’s account at JPMorgan Chase Bank, New York, New York, the sum of [*], which is the incremental increase to advance payments owing by Customer to Boeing as a result of purchasing the Block B Aircraft. The Purchase Agreement will be deemed to be amended to the extent herein provided and as so amended will continue in full force and effect. EXECUTED IN DUPLICATE as of the day and year first above written. THE BOEING COMPANY AIR LEASE CORPORATION By: /s/ Xxxxxxxxx X. Xxxxx By: /s/ Xxxxxx X. Udvar-Házy Its: Attorney-In-Fact Its: Chairman & CEO Attachments * Confidential material omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment. P.A. No. 03524 4 SA-1 BOEING PROPRIETARY Enclosure 1 TABLE OF CONTENTS ARTICLES SA No.
Balance Due at Closing. The Purchase Price, after adjustments applied pursuant to this Agreement, and less the Xxxxxxx Money Deposit, shall be paid in full at Closing (defined below) to the Closing Agent in U.S. dollars in the form of certified funds or an electronic transfer of funds.
Balance Due at Closing. The balance of the Purchase Price as adjusted by the prorations and credits specified herein shall be paid by Buyer in cash or by wire transfer of funds on the Closing Date.
Balance Due at Closing. The balance of the Purchase Price due at Closing shall be made payable to Escrow Agent at least three (3) business days in advance of the scheduled Closing Date.
Balance Due at Closing. Upon Closing, subject to the terms and conditions of this Agreement, the balance of the Purchase Price, less the Deposit, increased or decreased by items to be apportioned pursuant to this Agreement shall be paid to Owner by Buyer, by certified check, bank cashier’s check or wire transfer.
