CONSIDERATION FOR THE TRANSFER Sample Clauses

CONSIDERATION FOR THE TRANSFER. In connection with the Transfer, (i) IOG shall issue to CFB 40,000 shares of IOG Common Stock (the "CFB Shares," which term may include the "Warrants" as defined below if the issuance of such Warrants is required) and (ii) IOG shall pay to CFB a purchase price calculated as follows: (1) 100% of the face value of all Cash Items; plus (2) 100% of the Reimbursable Expenses not actually reimbursed; plus (3) 100% of the absolute value of any net losses associated with the CFB IB Operation (excluding the Reimbursable Expenses); plus (4) 100% of the Net Book Value of the Branch Loans; minus (5) 100% of the total amount of the Branch Deposits on deposit at the date of the Transfer. If the results of the above calculations are positive, that amount shall be paid by IOG to CFB, but if the results of the above calculation are negative, that amount shall be paid by CFB to IOG. The parties agree that CFB shall be entitled to receive the CFB Shares so long as it has funded the reasonable expenses of the CFB IB Operation prior to the Transfer, even if the total CFB Expenditures do not equal or exceed the amount of the CFB Funding Cap.
Sample 1
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CONSIDERATION FOR THE TRANSFER. In connection with the Transfer, (i) IOG shall issue to CFB 40,000 shares of IOG Common Stock (the "CFB Shares," which term may include the "Warrants" as defined below if the issuance of such Warrants is required) and (ii) IOG shall pay to CFB a purchase price calculated as follows:
Sample 1
CONSIDERATION FOR THE TRANSFER. As consideration for the transfer described in Sections 2.1 above, U.S. Robotics agrees to issue to 3Com (a) 2,952,000 shares of Series A Preferred Stock as set forth in the Subscription Offer between U.S. Robotics, par value $0.0001 per share and of 3Com, of even date herewith, (b) a warrant to purchase an aggregate of 15,181,333 shares of Series A Preferred Stock of U.S. Robotics and/or Series B Preferred Stock of U.S. Robotics, at an exercise price of $0.0001 per share, pursuant to a Warrant in the form attached as EXHIBIT H, and subject to the limitations and conditions set forth therein, and (c) one share of common stock of U.S. Robotics, par value $0.0001 per share (the "COMMON STOCK").
Sample 1
CONSIDERATION FOR THE TRANSFER. As consideration for the transfer described in Section 1.1 above, McAfxx.xxx xxxees to record such transfer as a contribution of capital on behalf of NAI. NAI shall not receive and McAfxx.xxx xxxll not give any additional stock or other consideration in consideration of this transfer.
Sample 1
CONSIDERATION FOR THE TRANSFER. In connection with the Transfer,
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CONSIDERATION FOR THE TRANSFER. 3.1. Intentionally Omitted.
Sample 1

Related to CONSIDERATION FOR THE TRANSFER

  • Consideration for Transfer Notwithstanding anything to the contrary herein contained, except as may be required by Section 5 hereof, where a Transfer is made for consideration, in no event shall any such Transfer by Executive of Executive Securities be made under Section 6(c) or offered to be made under Section 6(b) for any consideration other than United States dollars payable in full upon consummation of such Transfer.

  • Consideration for License In consideration for the license granted to Licensee hereunder, Licensee shall pay to Merck a non-refundable, non-creditable payment of [***] U.S. dollars ($[***]), which shall be due within [***] days of the Effective Date. *** CERTAIN INFORMATION IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. CONFIDENTIAL TREATMENT REQUESTED

  • Time for Consideration; Effective Date You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and that you have knowingly and voluntarily entered into this Agreement. You acknowledge that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. You are advised to consult with an attorney before signing this Agreement. To accept this Agreement, you must return a signed original or a signed PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If you sign this Agreement before the end of the Consideration Period, you acknowledge by signing this Agreement that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, it must be delivered so that it is received by the undersigned at or before the expiration of the seven (7) day revocation period (the “Revocation Period”). This Agreement shall not become effective or enforceable during the Revocation Period. It will become effective on the day after the Revocation Period ends (the “Effective Date”).

  • Closing; Payment for the Mortgage Loans The closing of the purchase and sale of the Mortgage Loans shall be held at the New York City office of Xxxxxxx Xxxxxxxx & Xxxx LLP at 10:00 AM New York City time on the Closing Date. The closing shall be subject to each of the following conditions:

  • Consideration for Grant of Rights (a) License Issue Fee and Patent Cost Reimbursement. COMPANY shall pay to M.I.T. on the EFFECTIVE DATE a license issue fee of [**] dollars ($[**]), and, in accordance with Section 6.3, shall reimburse M.I.T. for its actual expenses incurred as of the EFFECTIVE DATE in connection with obtaining the PATENT RIGHTS. These payments are nonrefundable.

  • Payment for the Shares Payment for the Shares shall be made at the First Closing Date (and, if applicable, at the Second Closing Date) by wire transfer in immediately available-funds to the order of the Company. It is understood that the Representatives have been authorized, for their own account and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Firm Shares and any Option Shares the Underwriters have agreed to purchase. BancBoston Xxxxxxxxx Xxxxxxxx Inc., individually and not as a Representative of the Underwriters, may (but shall not be obligated to) make payment for any Shares to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the First Closing Date or the Second Closing Date, as the case may be, for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

  • 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.

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