Consideration for the Assignment. Consideration for the assignment of each Patent Right to Proteonomix is made pursuant to the Employment Agreement between the Assignor and Proteonomix.
Consideration for the Assignment. 2.1 As consideration for the assignment (the "CONSIDERATION"), Xxxx-Xxxx shall pay to RM Eastview on the Closing Date (as defined in Section 8.1) the amount of Eight Hundred Thirty Two Thousand Six Hundred ($832,600) Dollars. The Consideration shall be paid by the wiring of federal funds to such bank account as RM Eastview shall designate in writing at least two (2) business days prior to the Closing Date.
Consideration for the Assignment. As consideration (the “Consideration”) for the assignment of the Properties to Proteonomix, Proteonomix hereby grants to the Assignors:
a) fifty thousand (50,000) shares of Proteonomix Series C Preferred Stock; and
b) the right to receive twenty (20%) percent of the issued and outstanding common stock of Proteoderm, in the event Proteoderm shall become a public company such percentage calculated immediately prior to any public offering or merger consideration. The Consideration is non-transferable except to the JSM Family Trust.
Consideration for the Assignment. In consideration for the assignment, the Assignee shall support any and all of the obligations of Orion, as specified in the contracts and as necessary for the good management of the Contracts assigned in the due course of business;
Consideration for the Assignment. The Company shall carry out the Assignment against payment by the User of a one-off consideration, in Euro or virtual currency as indicated from time to time via the Platform, as set out below (the "Consideration"): Evolution BasicFix 750,00 750,00 1.500,00 6 1.500 Evolution NeoFix 1.500,00 1.500,00 3.000,00 7 3.000 Evolution IntensiveFix 3.000,00 2.850,00 5.850,00 7,5 7.313 Evolution AdvanceFix 6.000,00 5.400,00 11.400,00 8 17.100 Evolution ExclusiveFix 12.000,00 10.200,00 22.200,00 9 38.850 Evolution UltraFix 15.000,00 12.375,00 27.375,00 10 54.750 Unless otherwise provided for in the General Conditions, the Consideration includes all costs incurred by the Company in connection with the Assignment relating to, but not limited to, hosting, repairs to the Miner and the cost of the electricity required to power the Mining activity.
Consideration for the Assignment. Any consideration for the transfer or assignment that passes between the party transferring or assigning its rights and obligations under the con- tract and the party to which the rights and obligations are transferred or as- signed will not affect the treatment of the nonassigning counterparty for pur- poses of this section.
Consideration for the Assignment. (a) As consideration for the assignment (the "CONSIDERATION"), Purchaser shall pay to Seller the sum of Thirty-Eight Million Four Hundred Thousand Dollars ($38,400,000.00) (the “PURCHASE PRICE”), as adjusted pursuant to Article 9 below, for the assignment of all of Seller’s right, title and interest in and to the Lease as follows:
(i) Within two (2) Business Days (as hereinafter defined) following the Effective Date, Three Million Dollars ($3,000,000.00) (the "DEPOSIT") by wire transfer or good, unendorsed, certified or bank teller’s check (or checks), payable to the order of First American Title Insurance Company, 00000 Xxx Xxxxxx Xxxxxx, Suite 600, Irvine, CA 92612, Attn: Xx. Xxxxx Xxxxxxx, Telephone: (000) 000-0000, Fax: (000) 000-0000, Email: xxxxxxxx@xxxxxxxxxxxxx.xxx, as Escrow Agent ("ESCROW AGENT");
(ii) On the Closing Date (as hereinafter defined), TIME BEING OF THE ESSENCE with respect to such date, subject to the adjustments provided in Article 9 below, the balance of the Purchase Price payable by federal electronic wire transfer of immediately available funds or by good, unendorsed, certified check, or by bank teller’s check to the order of Escrow Agent.
(b) In the event that the check (or checks) comprising the Deposit is (or are) not paid when the check (or checks) is (or are) presented for payment, such non-payment shall constitute a material default of Purchaser hereunder for which Seller shall have the option to terminate this Agreement and if Seller shall elect to terminate this Agreement, neither party shall have any further rights or obligations under this Agreement, except that Seller shall have the right to pursue its rights and remedies to collect the proceeds of said check, checks or payment.
(c) All checks being given by Purchaser under this Agreement must be drawn on a member bank of the New York Clearing House Association.
Consideration for the Assignment. Any payment between a party transfer- ring or assigning its rights and obliga- tions under the contract and the party to which the rights and obligations are transferred or assigned pursuant to a transfer or assignment described in paragraph (a) of this section will not affect the treatment of the non- assigning counterparty for purposes of this section. A payment described in the preceding sentence made or re- ceived to transfer or assign rights and obligations under a notional principal contract (as defined in § 1.446–3(c)(1)) is not subject to § 1.446–3(g)(4).
Consideration for the Assignment. In consideration of the assignment of the Option Agreement, the Assignee hereby agrees to pay to the Assignor on the Closing Date (as defined below) the following:
(a) reimbursement of all of the Assignor’s actual costs incurred with respect to the Option Agreement to the date hereof including due diligence, investigation and negotiation costs, cash advances made by Falconbridge for exploration purposes and a reasonable portion of overhead expenses related to such activities, all as more particularly described on Schedule B hereto; and
(b) the allotment and issuance of 2,000,000 Common Share Purchase Warrants of the Assignor exercisable at a price of $0.40 each for a two-year term from the time of issuance on the Closing Date having an agreed value of $100,000.
Consideration for the Assignment. Upon execution of this Assignment, Assignee shall issue to Assignor a total of zero dollars. This transaction is considered an assignment or transfer of assets from SHGR to SHGT.
