CLOSING -- PURCHASING MEMBER DELIVERIES Sample Clauses

CLOSING -- PURCHASING MEMBER DELIVERIES. At the Closing, the Purchasing Member shall pay the Selling Member the Purchase Price for the Interest of the Selling Member in the Joint Venture by means of immediately available funds for the cash portion of the Purchase Price and by means of a promissory note with respect to the deferred portion of the Purchase Price and the Purchasing Member shall deliver to the Selling Member the following duly executed documentation in a form acceptable to the Selling Member, acting reasonably:
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