Common use of Delivery of Consideration Clause in Contracts

Delivery of Consideration. In consideration for the sale of the ------------------------- Station Assets to Buyer, in addition to the assumption of certain obligations of Seller pursuant to Section 2.1 above, Buyer shall, at the Closing (as hereinafter defined), deliver to Seller TWENTY MILLION DOLLARS ($20,000,000) by wire transfer of immediately available funds, subject to adjustment pursuant to the provisions of Sections 3.2 and 3.3 below (the "Purchase Price").

Appears in 2 contracts

Samples: Assets Purchase Agreement (Radio One Inc), Assets Purchase Agreement (Radio One Inc)

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Delivery of Consideration. In consideration for the sale of the ------------------------- Station Assets to Buyer, in addition to Buyer and the assumption of certain obligations of Seller pursuant to Section 2.1 above, Buyer shall, at the Closing (as hereinafter defined), ) deliver to Seller TWENTY MILLION DOLLARS Thirty Million Dollars ($20,000,00030,000,000) by wire transfer of immediately available funds, subject to adjustment pursuant to the provisions of Sections 3.2 and 3.3 below (the "Purchase Price").

Appears in 1 contract

Samples: Assets Purchase Agreement (American Radio Systems Corp /Ma/)

Delivery of Consideration. In consideration for the sale of the ------------------------- Station Assets to Buyer, in addition to the assumption of certain obligations of Seller pursuant to Section 2.1 above, Buyer shall, at the Closing (as hereinafter defined), deliver to Seller TWENTY MILLION DOLLARS Thirty Million Dollars ($20,000,00030,000,000) by wire transfer of immediately available funds, subject to adjustment pursuant to the provisions of Sections 3.2 and 3.3 below (the "Purchase Price").

Appears in 1 contract

Samples: Assets Purchase Agreement (American Radio Systems Corp /Ma/)

Delivery of Consideration. 3.1.1 In consideration exchange for the sale of the ------------------------- Station Assets to BuyerAssets, in addition to the assumption of certain obligations of Seller pursuant to Section 2.1 above, Buyer shall, subject to Articles 11 and 12 hereof, at the Closing (as hereinafter defined), deliver to Seller TWENTY MILLION DOLLARS Seller: Three Million Seven Hundred Thousand Dollars ($20,000,0003,700,000.00) by wire transfer of immediately available funds, subject to adjustment pursuant to the provisions of Sections 3.2 and Section 3.3 below hereof (the "Purchase Price"). Other than as provided in Section 3.3, there shall be no further Purchase Price adjustments.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nm Licensing LLC)

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Delivery of Consideration. In consideration exchange for the sale of the ------------------------- Station Assets to BuyerAssets, in ------------------------- addition to the assumption of certain obligations of Seller pursuant to Section 2.1 above, Buyer shall, subject to Articles 11 and 12 hereof, at the Closing (as hereinafter defined), ) deliver to Seller TWENTY MILLION DOLLARS Seller: Thirty Two Million Four Hundred Thousand Dollars ($20,000,00032,400,000.00) (subject to adjustment pursuant to the provisions of Section 3.3, the "Purchase Price"); by wire transfer of immediately available funds, subject to adjustment adjusted pursuant to the provisions of Sections 3.2 and 3.3 below (the "Purchase Price")Section 3.3.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nm Licensing LLC)

Delivery of Consideration. In consideration for the sale of the ------------------------- Station Stations Assets to Buyer, in addition to the assumption of certain obligations of Seller Sellers pursuant to Section 2.1 above, Buyer shall, at the Closing (as hereinafter defined), deliver to Seller TWENTY MILLION DOLLARS Sellers Forty Three Million Five Hundred Thousand Dollars ($20,000,00043,500,000) (the "Purchase Price"), which includes amounts paid for the Accounts Receivable. The Purchase Price shall be payable by wire transfer of immediately available funds, subject to adjustment pursuant to the provisions of Sections 3.2 and 3.3 below (the "Purchase Price").

Appears in 1 contract

Samples: 1 Asset Purchase Agreement (Jacor Communications Inc)

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