Common use of Closing Deliveries of the Purchaser Clause in Contracts

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.39), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.55) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

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Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.394,600,467.92), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.5541,404,211.28) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.39155,941.97), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.551,403,477.70) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.39334,650.01), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee Trustees and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.553,011,850.14) to the Selling Trustee Trustees in its their capacity as trustee trustees of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling TrusteeTrustees.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.39415,066.94), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.553,735,602.50) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

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Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.39639,824.94), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.555,758,424.48) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.391,634,671), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.5514,712,039) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

Closing Deliveries of the Purchaser. At the Closing: (a) Pursuant to United States Treasury Regulations Sections 1.1445-2(c)(2) and 1.897-9T(b), the Purchaser shall withhold ten percent (10%) of the Purchase Price (such 10%, $1,612,616.393,916,217.00), and shall pay such amount to the United States Internal Revenue Service. The Selling Trustee and the Purchaser shall cooperate with each other in making all required filings with the United States Internal Revenue Service, including providing the Purchaser the United States federal employer identification number of each Trust. (b) The Purchaser shall pay the balance of the Purchase Price ($14,513,547.5535,245,953.00) to the Selling Trustee in its capacity as trustee of the Trusts by wire transfer of immediately available funds to the account(s) designated in writing by the Selling Trustee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyatt Hotels Corp)

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