Base Purchase Price Sample Clauses
The Base Purchase Price clause defines the initial amount that the buyer agrees to pay for the asset, business, or property being acquired under the agreement. This clause typically specifies the total sum, the currency, and may outline the timing or method of payment, such as lump sum or installments. By clearly stating the agreed-upon price, it establishes a concrete financial foundation for the transaction and helps prevent disputes over payment expectations.
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Base Purchase Price. Buyer agrees to pay for the Assets the total sum of Thirty Million and No/100 Dollars ($30,000,000.00) (“Base Purchase Price”) to be paid by direct bank deposit or wire transfer in same day funds at the Closing, subject only to the price adjustments set forth in this Agreement.
Base Purchase Price. Except as set forth in Section 2.3(c), the Purchaser shall pay to the Seller at the Closing $3,137,200, subject to adjustments as set forth herein (the "Base Purchase Price").
Base Purchase Price. Buyers shall provide the following to Sellers as the “Base Purchase Price,” subject to the adjustments provided in Section 3.2 et seq herein (the “Adjusted Base Purchase Price.”)
Base Purchase Price. Buyer will pay to Seller total cash ------------------- consideration of $2,600,000 (the "Base Purchase Price"), subject to adjustment as provided in SECTIONS 3.2 and 3.
Base Purchase Price. 10 3.2 Adjustments to Base Purchase Price..................................... 10 3.3
Base Purchase Price. Subject to Section 2.9(c), the Base Purchase Price shall be Five Million Four Hundred Thousand dollars ($5,400,000), subject to adjustments as set forth herein (the "Base Purchase Price").
Base Purchase Price. The amount set forth in Section 3.01.
Base Purchase Price. In full consideration for the Purchased Assets, and upon the terms and subject to the conditions contained in this Agreement, including the assumption by Purchaser of the Assumed Liabilities, Purchaser shall pay to Seller an amount (the “Base Purchase Price”) equal to (a) Twenty-Four Million Fifty-Three Thousand Nine Hundred Twenty-Three Dollars ($24,053,923), plus (b) the sum of (i) 90% of the face amount of all Accounts Receivable respecting the Assumed Alarm Contracts (excluding Accounts Receivable from Minnegasco) (the “Alarm Contract A/R”) that are less than thirty-one (31) days past the invoice due date as of the Closing; plus (ii) 70% of the face amount of all delinquent Alarm Contract A/R that are more than thirty (30) but less than sixty-one (61) days past the invoice due date as of the Closing; plus (iii) 40% of the face amount of all delinquent Alarm Contract A/R that are more than sixty (60) but less than ninety-one (91) days past the invoice due date as of the Closing; plus (iv) 100% of the face amount of all Accounts Receivable from Minnegasco that are less than ninety-one (91) days past the invoice due date as of the Closing, each as calculated on Schedule 2.1.1(b) (collectively, the “Accounts Receivable Amount”); minus (c) the aggregate amount of unearned or deferred revenue respecting the Assumed Alarm Contracts that has been paid to the Target Companies as of the Closing for services to be rendered after the Closing, as calculated on Schedule 2.1.1(c) (the “Deferred Revenue”); minus (d) the aggregate amount of the following liabilities of the Seller Subsidiaries determined as of the Closing in accordance with GAAP: (A) accounts payable, (B) the accrued salary, accrued paid time off and any other accrued benefits payable to the employees of the Seller Subsidiaries and (C) any other accrued expenses (the “Assumed Accruals”), as set forth in detail and calculated (or estimated with respect to subparts (A) and (C)), on Schedule 2.1.1(d). The Base Purchase Price shall be subject to adjustment pursuant to the provisions of Section 2.1.2 hereof (as so adjusted, the “Purchase Price”).
Base Purchase Price. Article III
Base Purchase Price. On the Closing Date, the Purchase shall pay to the Stockholders in cash, by wire transfer of immediately available funds to separate bank accounts designated by each Stockholder, the sum of Thirty Million ($30,000,000) Dollars (the “Base Purchase Price”). The Base Purchase Price shall be payable to the Stockholders, as follows:
(i) Fifteen Million ($15,000,000) Dollars shall be paid to ▇▇▇▇▇▇▇▇, and
(ii) Fifteen Million ($15,000,000) Dollars shall be paid to ▇▇▇▇▇▇▇.