Consideration; Deposit Sample Clauses

Consideration; Deposit. (a) The aggregate consideration for the Company Group Interests is $230,000,000 (the “Base Purchase Price”), as adjusted in accordance with Section 2.5. Immediately prior to or concurrently with the Partiesexecution and delivery of this Agreement on the date hereof, Buyer shall deliver to the Escrow Agent, a cash deposit equal to ten percent (10%) of the Base Purchase Price (the “Deposit”) by wire transfer of immediately available funds to an interest-bearing escrow account designated in writing by the Escrow Agent (the “Escrow Account”). The Deposit shall bear interest and shall be held and disbursed in accordance with the terms of this Agreement and the Escrow Agreement. The Deposit is nonrefundable, except as otherwise expressly set forth in Section 9.2.
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Consideration; Deposit. (a) The consideration for the Acquired Assets shall be (i) an aggregate Dollar amount equal to the sum of $[ ] (the “Purchase Price”), (ii) performance of the obligations set forth in Section 2.6, and (iii) Buyer’s assumption of the Assumed Liabilities. For the avoidance of doubt, the Purchase Price is inclusive of the Wind Down Amount and Buyer shall have no obligation with respect thereto.
Consideration; Deposit. The total consideration for the Purchased Interests will be (i) Fifteen Million Dollars ($15,000,000.00), subject to any applicable adjustments as hereinafter provided, and (ii) Seller’s (and/or its Affiliates’) receipt of the Term ORRI immediately prior to Closing ((i) and (ii), the “Purchase Price”); provided, however, any adjustments to the Purchase Price as provided for in this Agreement will only be made against the consideration described in subsection (i) of this Section 3.1.
Consideration; Deposit 

Related to Consideration; Deposit

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • Consideration Period You have 21 days from the date this Separation Agreement is given to you to consider this Separation Agreement before signing it. You may use as much or as little of this 21-day period as you wish before signing. If you do not sign and return this Separation Agreement within this 21-day period, you will not be eligible to receive the benefits described in this Separation Agreement.

  • Escrowed Funds Upon receipt of the Escrowed Funds, the Escrow Agent shall hold the Escrowed Funds in escrow pursuant to the terms of this Agreement. Until such time as the Escrowed Funds shall be distributed by the Escrow Agent as provided herein, the Escrowed Funds shall be deposited by the Escrow Agent in an interest bearing account or as may otherwise be directed by the Corporation in writing. The Escrow Agent shall be entitled to sell or redeem any investment of the Escrowed Funds as necessary to make any distributions required under this Agreement and shall not be liable or responsible for any loss resulting from any such sale or redemption. Interest, if any, resulting from any investment of the Escrowed Funds shall be retained by the Escrow Agent, and shall be distributed according to this Agreement.

  • Initial Deposit On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account according to Section 4.1 of the Exchange Note Sale Agreement.

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