Common use of Consideration for Assets Clause in Contracts

Consideration for Assets. As consideration for the sale of the Assets to Buyer and for the other covenants and agreements of the Seller and the Shareholder contained herein, Buyer agrees to pay to the Seller at the Closing the amount of $1,860,000 in the form of a cashier's check or bank check or wire transfer of immediately available funds to an account designated by the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

AutoNDA by SimpleDocs

Consideration for Assets. As consideration for the sale of the Assets to Buyer and for the other covenants and agreements of the Seller and the Shareholder contained herein, Buyer (I) agrees to pay to Seller, on the Seller at the Closing date hereof, the amount of $1,860,000 455,000 in the form of a cashier's check or bank check or wire transfer of immediately available funds to an account designated by the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

Consideration for Assets. As consideration for the sale of the Assets to Buyer and for the other covenants and agreements of the Seller and the Shareholder contained herein, Buyer (I) agrees to pay to Seller, on the Seller at the Closing date hereof, the amount of $1,860,000 675,000 in the form of a cashier's =s check or bank check or wire transfer of immediately available funds to an account designated by the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

AutoNDA by SimpleDocs

Consideration for Assets. As consideration for the sale of the Assets to Buyer and for the other covenants and agreements of the Seller Sellers and the Shareholder Shareholders contained herein, Buyer agrees to pay to the Seller at Sellers, on the Closing date hereof, the amount of $1,860,000 4,643,400 in the form of a cashier's check or bank check or wire transfer of immediately available funds to an account designated by the SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Key Energy Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.