Consideration for Sale. In consideration of the foregoing sale of 200 Special Partnership Units, on the Effective Date the Partnership shall pay to DCTAG $1,000, which amount is equal to the aggregate purchase price previously paid by DCTAG to the Partnership for such Special Partnership Units.
Consideration for Sale. In consideration of the sale and transfer of the assets of Company and the representations, warranties, and covenants of Seller set forth in this Agreement, Purchaser shall pay to Seller the sum of $100. The transfer of the Company assets will occur on MAY 13, 2006, the Closing Date of this Sale. Purchaser shall assume on the Closing Date all duties and obligations of Company pursuant to the future contracts, agreements, purchase orders, and leases.
Consideration for Sale. In consideration of the sale of the patent unto the buyer the buyer has agreed to make lump sum payment of Rs.______________ to the vendor through cross cheque/pay order/demand draft (enter the relevant mode of payment). The vendor hereby acknowledges the receipt of the entire consideration from the buyer vide cross cheque/pay order/demand draft No._______________ and there remains nothing outstanding to be settled between the parties.
Consideration for Sale. 1.05. In consideration of the sale and transfer of the Assets and the representations, warranties, and covenants of Seller set forth in this Agreement, Purchaser shall pay to Seller on the Closing Date, the sum of Five Million Five Hundred Thousand and No/100 Dollars ($5,500,000.00) (the "Purchase Price") of which the sum of One Million and No/100 Dollars ($1,000,000.00) shall be placed into escrow as provided in Section 1.10 below and of which the sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) shall be placed into escrow as provided in Section 1.12 below. The Purchase Price shall additionally be subject to the Purchase Price Adjustments provided for in Section 1.07 below. The Purchase Price will be paid in U.S. Dollars by wire transfer, cashier's check or certified check on the Closing Date. After the Closing, the Seller shall not distribute or pay to its shareholder and shall maintain a minimum of One Million and No/100 Dollars ($1,000,000.00) in unsecured and unpledged funds in its corporate accounts until the later of the date on which the Purchaser has completed all work under the Assigned Contract and has been paid-in-full for all such work, and any Purchase Price adjustments as required in Section 1.07 have been made. Seller shall from time to time provide Purchaser with confirmation of such funds. TITLE COMMITMENT, SURVEY AND ENVIRONMENTAL
1.06. Seller has already delivered to Purchaser a commitment for title insurance covering the Land issued by Chicago Title Company-Galveston. Seller has already delivered to Purchaser a survey of the Land prepared by a licensed Texas surveyor and a Phase I environmental audit covering the Land. Purchaser may furnish to Seller written notice of any objections to the matters disclosed therein. Should Purchaser fail to provide such notice prior to closing, Purchaser shall have waived any objection. Should Purchaser object to any matter shown on the title commitment 7 8 or survey, Seller shall have until the Closing Date to address the objection to Purchaser's reasonable satisfaction. If Seller is unable to cure Purchaser's reasonable objection(s) to any matter shown on the title commitment or survey on or before the Closing Date, Purchaser may (i) terminate this Agreement and neither party shall thereafter have any obligation to the other, or (ii) proceed to Closing, in which case Purchaser will be deemed to have accepted the Land subject to such objections, and such objections will be deemed Per...
Consideration for Sale. 3.1 Buyer’s consideration for the Transferred Assets will be Buyer’s assumption of the Assumed Liabilities at Closing.
3.2 At the Closing on the Closing Date, Seller will pay to Buyer by wire transfer an amount (the “Site Funds”) equal to Eight Million Five Hundred Thousand Dollars ($8,500,000). The Site Funds received by Buyer will be used by Buyer solely for costs and expenses associated with the Transferred Assets, including but not limited to the Remediation Obligations, demolition of physical structures, carrying costs, improvements, and infrastructure. Buyer will deposit and maintain the Site Funds in a separate account until those funds are fully expended or until completion of the Remediation Obligations, whichever comes first. If any Site Funds remain after completion of the Remediation Obligations, Buyer may utilize these remaining funds for other improvements to, or maintenance of, the Transferred Assets.
Consideration for Sale. In consideration of the sale and transfer of 100 percent of the shares of capital stock of VMI and the representations, warranties, and covenants of Seller set forth in this Agreement, Purchaser shall cause to be issued and delivered to Seller Eight Hundred Thousand (800,000) shares of its par value $.10 common stock (the "Common Stock") within ten (10) business days of the date of this Agreement.
Consideration for Sale. In consideration of the sale and transfer of the Assets of Sellers and the representations, warranties, and covenants of Sellers set forth in this Agreement, Purchaser shall pay the sum of $34,500,000 (subject to any applicable adjustments as provided in this Agreement) (the “Purchase Price”) as follows:
(a) The sum of $16,240,000 of the Purchase Price (the “Closing Cash Consideration”) to the Sellers, which shall be paid at Closing (subject to any applicable adjustments pursuant to Section 2.06 of this Agreement);
(b) The sum of $17,250,000 of the Purchase Price will be paid by transfer of Class A Non-voting Common Stock of EZCORP, Inc. (“EZPW Stock”), to Sellers, as determined by the closing price of EZPW Stock as of close of market the day before the Closing Date;
(c) The sum of $1,000,000 of the Purchase Price (the “Holdback Funds”) shall be deposited at Closing into one or more interest-bearing holdback accounts controlled by Purchaser or its designated Affiliate (the “Holdback Account”);
(d) The sum of $10,000 of the Purchase Price to be paid at Closing to ASAP Auto Pawn, Inc. a Nevada corporation, as consideration for the Right of First Offer Agreement among Purchaser, XxXxxx, and Affiliates of Seller.
Consideration for Sale. In full consideration and payment for the sale, assignment, transfer and delivery of the Membership Units to Purchaser, Purchaser shall forgive, release, acquit and forever discharge the Company and Seller from any and all liabilities with respect to that certain $118,936 account receivable due Purchaser as of the date hereof as provided in Section 5.3 hereof.
Consideration for Sale. Subject to Section 1.03 and Section 1.04, the aggregate purchase price for the Membership Interests (the “Purchase Price”) shall be (i) 1,436,949 shares of the voting common stock of Sunniva (the “Shares”), plus (ii) the Performance Warrants (as defined below), plus (iii) the Reimbursed Expenses (as defined below). At Closing, Sunniva shall issue to the Members the Shares, subject to the Share Lock-Up (as defined below), and the Performance Warrants. At the Closing, Sunniva shall reimburse the Members for certain cash deposits, as set forth on Exhibit A (the “Reimbursed Expenses”), and shall pay to the Members, via check or wire transfer of immediately available funds, the Reimbursed Expenses in the amounts set forth on Exhibit A. At the Closing, each Member shall receive their pro rata percentage of the Shares and the Performance Warrants as set forth on Exhibit A hereto.
Consideration for Sale. The Purchaser shall pay to the Owner a sum of Rs. ------ (Rupees ---------------- Only) as the agreed lump sum consideration (“the Purchase Price”) in respect of the said Premises.. The Purchase Price is exclusive of any applicable VAT, Service Tax, GST and any other taxes as may be applicable from time to time. Further, the Purchase Price is also exclusive of the stamp duty and registration fee.
a) The aforesaid Purchase Price shall be paid by the Purchaser to the Owner in agreed installments as described in the payment schedule set out as Second Schedule hereunder written.
b) The Purchaser shall pay all installment amounts as per aforesaid payment schedule as set out in Second Schedule hereinbelow and all other amounts due herein by Cheque / Pay Order/ Demand Draft made payable to “Mahindra Lifespace Developers Limited” at Mumbai.
c) It is hereby expressly agreed by the Purchaser that all the installments of the purchase price as set out above and all other amounts payable by the Purchaser to the Owner under this Agreement shall be paid on their respective due dates and/or as stipulated without any delay or default. It is agreed by the Purchaser that time in respect of the payment of each installment of the purchase price and in respect of all other amounts payable under this Agreement is of and shall be the essence of this Agreement.
d) Without prejudice to the rights of the Owner under this Agreement and /or otherwise in law, the Purchaser agrees to pay to the Owner interest at the rate of 12% p.a. on all such aforesaid installments and all such other amounts which become due and payable under the terms of this Agreement but remaining unpaid by the Purchaser, whether demanded by the Owner or not as also all reasonable charges for recovery of the amounts due as may be incurred by the Owner, in this behalf. Provided further that, any payment/s made by the Purchaser shall be first appropriated towards interest and the balance towards the principal sums, due under this Agreement.
e) The Owner shall in respect of any consideration amount remaining unpaid by the Purchaser under this Agreement have first lien and charge on the said Premises agreed to be allotted to the Purchaser.
