Common use of Closing Date Payments Clause in Contracts

Closing Date Payments. At the Closing on the Closing Date, Buyer shall pay to Seller, or its designee, by wire transfer of immediately available funds, an amount equal to:

Appears in 1 contract

Samples: Stock Purchase Agreement (Granite Broadcasting Corp)

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Closing Date Payments. At the Closing on On the Closing Date, Buyer shall pay to Seller, or its designee, by wire transfer of immediately available fundsfunds (to the account(s) designated in writing to Buyer by Seller in accordance with the funds flow memorandum prepared by Seller and provided to Buyer not less than three (3) Business Days prior to the Closing Date), an amount equal to:to the Closing Date Net Purchase Price.

Appears in 1 contract

Samples: Equity Contribution & Purchase Agreement (Pioneer Power Solutions, Inc.)

Closing Date Payments. At the Closing on On the Closing Date, Buyer shall pay to Seller (or Seller's designee), or its designee, in immediately available funds by wire transfer of immediately available fundsto an account designated by Seller, the Purchase Price minus an amount equal to:to the Deposit specified in Section 3(a) above (which amount shall already have been paid by Buyer to Seller upon the execution of this Agreement) plus interest thereon from the date on which the deposit was received by Seller through and including the Closing Date at a rate of 4% per annum.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tesoro Petroleum Corp /New/)

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Closing Date Payments. At the Closing on On the Closing Date, Buyer shall will pay to Seller, or its designee, the Seller the Base Purchase Price by wire transfer of immediately available funds, funds to an amount equal to:account designated by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caraustar Industries Inc)

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