Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan & Worcester LLP, One Post Office Square, Boston, Massachusetxx 00000, at 10:00 a.m., lxxxx xxxx, xx Xxx 00 , 0000 xx xxxx xxxxx xxxx, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA Assets and the BEA Business (the "Purchase Price") shall be an amount equal to $4,333,000, subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the BEA Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.
Appears in 1 contract
Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)
Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxx & Worcester LLP, One Post Office SquareXxx Xxxx Xxxxxx Xxxxxx, BostonXxxxxx, Massachusetxx Xxxxxxxxxxxxx 00000, at 10:00 a.m., lxxxx xxxxlocal time, xx Xxx 00 on May 21 , 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA Assets and the BEA Business (the "Purchase Price") shall be an amount equal to $4,333,000, subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the BEA Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.
Appears in 1 contract
Samples: Asset Purchase Agreement (American Tower Systems Corp)
Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxx, White & Worcester LLPXxxxxx, One Post Office Square0000 Xxxxx Xxxxxxxxxx Xxxxxxxxx, BostonXxxxx 000, Massachusetxx Xxxxxx Xxxxx, XX 00000, at 10:00 a.m., lxxxx xxxxlocal time, xx Xxx 00 on or before September 30, 0000 xx xxxx xxxxx xxxx1997, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA Diablo Assets and the BEA Diablo Business (the "Purchase Price") shall be an amount equal to $4,333,00040,500,000, subject to adjustment as provided in Section 2.2(d) plus an amount equal to the sum of the Interim Adjustment and Prepaid Expenses and deposits and minus an amount equal to the sum of (i) the BEA Diablo Nonassumed Obligations, if any, which ATS agrees to assume, assume at the request of Diablo and (ii) Prepaid Revenues.)
Appears in 1 contract
Samples: Asset Purchase Agreement (American Tower Systems Corp)
Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan & Worcester LLP, One Post Office Square, Boston, Massachusetxx 00000Massachusxxxx 00009, at 10:00 a.m., lxxxx xxxxx xxxx, xx Xxx 00 00, 0000 xx xxxx xxxxx xxxx, xrior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA DBC Assets and the BEA DBC Business (the "Purchase Price") shall be an amount equal to $4,333,000, 3,137,000 subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the BEA DBC Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.
Appears in 1 contract
Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)
Closing Purchase Price. The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxx & Worcester LLP, One Post Office SquareXxx Xxxx Xxxxxx Xxxxxx, BostonXxxxxx, Massachusetxx Xxxxxxxxxxxxx 00000, at 10:00 a.m., lxxxx xxxxlocal time, xx Xxx 00 on May 21, 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA DBC Assets and the BEA DBC Business (the "Purchase Price") shall be an amount equal to $4,333,000, 3,137,000 subject to adjustment as provided in Section 2.2(d) plus an amount equal to the Prepaid Expenses and minus an amount equal to the sum of (i) the BEA DBC Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.
Appears in 1 contract
Samples: Asset Purchase Agreement (American Tower Systems Corp)
Closing Purchase Price. (a) The closing of the Transactions (the "Closing") shall take place at Sullivan Xxxxxxxxxx & Worcester LLPXxxxxx, One Post Office SquareP.A., Boston0000 Xxxxxxx Xxxxxx, Massachusetxx 00000Suite 302, Columbia, South Carolina 29202, at 10:00 a.m., lxxxx xxxxlocal time, xx Xxx 00 on May 30, 0000 xx xxxx xxxxx xxxx1997 or such other date, xrior prior to the Termination Date, as the parties may agree (the "Closing Date"). At the Closing, each of the parties shall deliver such bills of sale, assignments, assumptions of liabilities, opinions and other instruments and documents as are described in this Agreement or as may be otherwise reasonably requested by the parties and their respective counsel. The purchase price for the BEA Seller Assets and the BEA Seller Business (the "Purchase Price") shall be an amount equal to $4,333,0005,000,000, subject to adjustment as provided in Section Sections 2.2(d), 2.3(b) and 2.3(c), plus an amount equal to the sum of (x) the Debt Adjustment and (y) the Prepaid Expenses and minus an amount equal to the sum of (i) the BEA Seller Nonassumed Obligations, if any, which ATS agrees to assume, and (ii) Prepaid Revenues.)
Appears in 1 contract
Samples: Asset Purchase Agreement (American Tower Systems Corp)