CONSIDERATION AND MODE OF PAYMENT Sample Clauses

CONSIDERATION AND MODE OF PAYMENT. The aggregate purchase price to be paid by Buyer for the Transferred Assets and the other rights provided herein consists of all of the obligations of Buyer under and pursuant to this Agreement, including, without limitation, its obligations under the provisions of SECTION 3 hereof, and the following (collectively, the "PURCHASE PRICE"):
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CONSIDERATION AND MODE OF PAYMENT. The Purchaser/s shall pay to the Owners a total consideration of Rs. 00,00,000.00.00 (Rupees ____________________________ ) only which includes GST of 5% towards the price of the Flat & Car Parking Space in the Basement of the property and the proportionate undivided share of interest in the land comprised in the said premises and attributable to the said Flat & Car Parking Space. The total sum of Rs. 00,00,000.00.00 (Rupees ________________________________) only shall be paid by the Purchasers to the Vendor in the following manner: - 1 ON SIGNING THIS AGREEMENT 10% 2 AFTER TIE BEAM CASTING 10% 3 AFTER SECOND FLOOR CASTING 10% 4 AFTER FOURTH FLOOR CASTING 10% 5 ON COMPLETION OF BRICK WORKS 10% 6 ON COMPLETION OF INSIDE PLASTER 10% 7 ON COMPLETION OF OUTSIDE PLASTER & INSIDE ELECTRICAL CONCEAL FITTINGS & INSIDE PLUMBING CONCEAL FITTINGS 10% 8 ON COMPLETION OF FLOORING & OUTSIDE PIPE LINES 10% 9 ON POSSESSION OR REGISTRATION 20% Rs. 00, 00,000.00 (Rupees ) only THE FOURTH SCHEDULE AS ABOVE REFERRED TO GENERAL SPECIFICATION OF WORK MANNER OF COMPLETION OF NEW BUILDING AREA/ROOM FLOOR FINISH / BRICK WORK WALL&CELLING FINISH OUTSIDE – 200 MM, PARTITION – 75 MM IN BETWEEN FLATS – 125 MM
Sample 1
CONSIDERATION AND MODE OF PAYMENT. The aggregate purchase price to be paid by Buyer for the Transferred Assets and the other rights provided herein consists of all of the obligations of Buyer under and pursuant to this Agreement, including, without limitation, its obligations under the provisions of SECTION 3 hereof, and, subject to the terms of Sections 3.2.1 and 4.2.3 hereof, a cash payment (the "CLOSING CASH PAYMENT") in the amount of $2,200,000 (collectively, the "PURCHASE PRICE"). Pursuant to Section 3.2.1, a portion of the Closing Cash Payment shall be used by Seller to pay or otherwise satisfy all of Seller's debts, obligations and other liabilities owing to all secured and unsecured creditors of Seller, as renegotiated by Seller pursuant to SECTION 3.2.2 (the "CLOSING DATE LIABILITIES"). Buyer and Seller shall allocate that portion of the Purchase Price attributable to the Real Property (the "REAL PROPERTY PURCHASE PRICE"), and shall allocate the Purchase Price among all other Transferred Assets in accordance with Section 12.16, and such allocations shall be binding on the parties hereto, and neither Buyer nor Seller shall file any tax return or take any position inconsistent with such allocation in any dealing with any governmental agency or authority.
Sample 1
CONSIDERATION AND MODE OF PAYMENT. The aggregate consideration to be tendered by Buyer to Seller and Majority Holder at the Closing hereunder is the assumption of those liabilities specified in SECTION 3 below and the following additional consideration (hereinafter the total consideration shall be referred to as the "Purchase Price"):
Sample 1
CONSIDERATION AND MODE OF PAYMENT. The aggregate consideration to be tendered by the Buyer to Seller at the Closing (the “Purchase Price”) hereunder is the assumption of the Assumed Obligations specified in Section 5 below, and a cash or certified funds payment to Seller in the amount of $250,000.00.
Sample 1

Related to CONSIDERATION AND MODE OF PAYMENT

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Manner of Payment All payments due under this Agreement shall be in lawful money of the United States of America in immediately available funds as each party hereto may specify to the other parties; provided, that in the event the Receiver or the Corporation is obligated to make any payment hereunder in the amount of $25,000.00 or less, such payment may be made by check.

  • Allocation of Payments The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

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