Closing Payment to Seller Sample Clauses

Closing Payment to Seller. At the Closing, (i) Buyer shall pay to Seller, in cash by wire transfer of immediately available funds to an account designated by Seller in writing at least one Business Day prior to the Closing Date, the sum of $6,000,000 in cash (the “Closing Payment”), (ii) Buyer shall execute and deliver to Seller each of Note A, Note B and Note C, and (iii) Buyer shall reimburse Seller for the amounts previously paid by Seller, as set forth on Schedule 5.03(b), to be an exhibitor at the AUA Meeting.
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Closing Payment to Seller. At the Closing, Buyer shall pay to or for the account of Seller, by wire transfer of immediately available funds to a bank account designated in writing by Seller or Parent, the Base Price estimated in accordance with Section 2.6(b).
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Closing Payment to Seller. At the Closing (as defined herein), Purchaser shall pay to Seller the Closing Payment plus the Pre-Closing Adjustment Amount (as defined in subsection 2.5(a)). The “Closing Payment” shall equal ONE MILLION FIVE HUNDRED THOUSAND and NO/100 DOLLARS ($1,500,000.00) minus the amount of the Accounts Payable Balance as of the Closing Date.
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Closing Payment to Seller. At Closing, Buyer shall assume the Assumed Liabilities by executing the Assignment and Assumption Agreement and make the following payments in accordance with the Funds Flow Memorandum:
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Closing Payment to Seller. At the Closing, Purchaser shall issue to the Seller restricted shares of Common Stock of the Purchaser (the “Purchaser Shares”), notwithstanding anything contained to the contrary in this Agreement, such number of shares to be not less than 100,000,000 (one hundred million) shares.
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Related to Closing Payment to Seller

  • Closing Payment At the Closing, Buyer will pay or cause to be paid to Seller the Closing Payment Amount, by wire transfer of immediately available funds or by such other means as may be agreed upon by Seller and Buyer.

  • Closing Payments At the Closing, Parent shall pay or cause to be paid the following amounts by wire transfers of immediately available funds:

  • Post-Closing Payment Payment to Shareholder of his portion of the Post-Closing Payment shall be made in the same manner as payments under the Additional Short-Term Note.

  • Post-Closing Payments (a) On the first anniversary of the Closing Date, Buyer will pay to Seller or, to the extent designated by Seller in writing and in accordance with Section 3.11, to the Members in accordance with their respective Pro Rata Percentages, the remaining 33.33% of the Closing Cash Consideration, as finally determined in accordance with Section 3.4 (the “Deferred Cash Payment”), via wire transfer to the Seller’s Bank Account or the Member Bank Accounts, as applicable.

  • 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.

  • Agreement to Subscribe Purchase Price (i) SELLER and BUYER are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded by Rule 506 under Regulation D ("Regulation D") as promulgated by the United States Securities and Exchange Commission (the "Commission") under the Securities Act; and

  • Closing Escrow The Closing shall take place by means of a so called “New York style” escrow (the “Closing Escrow”), and, at or prior to the Closing, the Parties shall enter into a closing escrow agreement with the Escrow Agent with respect to the Closing Escrow in form and substance reasonably acceptable to Seller, Purchaser and the Escrow Agent (the “Closing Escrow Agreement”) pursuant to which (i) the Purchase Price to be paid by Purchaser pursuant to Section 3.3 shall be deposited with Escrow Agent, (ii) all of the documents required to be delivered by Seller and Purchaser at Closing pursuant to this Agreement shall be deposited with Escrow Agent, and (iii) at Closing, the Purchase Price (as adjusted pursuant to Section 3.1) and the Xxxxxxx Money shall be disbursed to Seller and the documents deposited into the Closing Escrow shall be delivered to Seller and Purchaser (as the case may be) pursuant to the Closing Escrow Agreement.

  • Closing Purchase Price Buyer shall have delivered the Closing Purchase Price in accordance with Section 2.5. ARTICLE VII

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

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