Initial Cash Purchase Price Sample Clauses

Initial Cash Purchase Price. The Notescarry an original issue discounttotaling, on an aggregate basis, $245,000.00 (the “OID”). In addition, the Company agrees to pay $15,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expenses”), which amount is included in the initial principal balance of Company Note #1. The Initial Cash Purchase Price, therefore, shall be $300,000.00, computed as follows: $2,710,000.00less the OID lessthe Transaction Expenses less the sum of initial principal amounts of the Buyer Notes less the Conditional Cash Purchase Price.
AutoNDA by SimpleDocs
Initial Cash Purchase Price. The Note carries an original issue discount of $1,083,833.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expenses”), which amount is included in the initial principal balance of the Note. The Initial Cash Purchase Price, therefore, shall be $250,000.00, computed as follows: $4,338,833.00 less the OID less the Transaction Expenses less the sum of initial principal amounts of the Secured Buyer Notes.
Initial Cash Purchase Price. The Note carries an original issue discount of $251,500.00 (the “OID”). In addition, the Company agrees to pay $15,000.00 to the Buyer and issue to the Buyer 50,000 shares of Common Stock (which shares the Buyer acknowledges having already received) to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expenses”), $15,000 of which is included in the initial principal balance of the Note. The Initial Cash Purchase Price, therefore, shall be $500,000.00, computed as follows: $2,766,500.00 less the OID less $15,000.00 of the Transaction Expenses less the sum of initial principal amounts of the Secured Buyer Notes.
Initial Cash Purchase Price. The Note carries an original issue discount of $126,500.00 (the “OID”). The Initial Cash Purchase Price, therefore, shall be $100,000, computed as follows: $1,226,500.00 less the OID less the sum of the initial principal amounts of the Mortgage Notes.
Initial Cash Purchase Price. The aggregate initial purchase price payable by the Purchaser for the Shares and as consideration for the Selling Shareholders having arranged the release of the Company Options by the respective holders (the “Initial Cash Purchase Price”) shall be $147 million. The Initial Cash Purchase Price shall be paid as follows:
Initial Cash Purchase Price. The Initial Cash Purchase Price shall be paid by Buyer to WWS, by wire transfer of immediately available funds to the accounts designated by WWS on Schedule I hereto. The Initial Cash Purchase Price may be adjusted as provided for in Section 1.3.
Initial Cash Purchase Price. The aggregate purchase price for the Assets shall be (i) $15,000,000.00, plus (ii) the assumption of the Assumed Liabilities, plus (iii) the Accounts Receivable Payment, plus (iv) the Equipment Inventory Cash Price, plus (v) the Intellectual Property Cash Price, minus (vi) the Pro Rata Prepayment Amount (collectively, clauses (i) through (vi) the “Initial Cash Purchase Price”), plus (vii) the Earnout Purchase Price (collectively, the “Purchase Price”), At Closing, Buyer shall pay the Initial Cash Purchase Price by wire transfer to Seller of immediately available funds in accordance with the wire transfer instructions set forth on Schedule 1.5(a).
AutoNDA by SimpleDocs

Related to Initial Cash Purchase Price

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Closing Purchase Price The Closing Purchase Price (the "Closing Purchase Price") shall be paid or delivered by Buyer at Closing in the following manner:

  • Share Purchase Price The aggregate purchase price for the Purchased Shares (the "Share Purchase Price") will consist of the payment of an amount of cash, equal to $30.10 per Purchased Share, as set forth on Schedule I.

  • Post-Closing Purchase Price Adjustment (a) As promptly as practicable, but in no event later than ninety (90) days following the date of the Applicable Closing, Parent shall prepare and deliver to SunGard Data a statement (the “Post-Closing Statement”), certified by the chief financial officer of Parent and accompanied by reasonable supporting detail, setting forth the Closing Net Working Capital, the Company Transaction Fees and Expenses and the Merger Consideration, including, in each case, the calculation thereof in reasonable detail. The calculations set forth in the Post-Closing Statement shall be final and binding on all Parties unless SunGard Data gives Parent written notice of its objections thereto (an “Objection Notice”), with reasonable supporting detail as to each such objection (each, a “Post-Closing Calculation Objection”), within forty-five (45) days after receipt of the Post-Closing Statement (the “Objection Period”). In the event SunGard Data fails to give Parent an Objection Notice prior to the expiration of the Objection Period or otherwise earlier notifies Parent in writing that SunGard Data has no objections to the calculations set forth in the Post-Closing Statement, the Post-Closing Statement shall be deemed final and binding on all Parties hereto, and all payments to be made in accordance with Section 3.4(d) shall be derived therefrom. Any component of the calculations set forth in the Post-Closing Statement that is not the subject of a timely delivered Objection Notice by SunGard Data shall be final and binding on all Parties except to the extent such component could be affected by other components of the calculations set forth in the Post-Closing Statement. Throughout the period following the Closing Date until the components of the calculations set forth in the Post-Closing Statement are deemed final and binding pursuant to this Section 3.4, subject to Section 7.21, Parent shall permit SunGard Data and its Representatives reasonable access (with the right to make copies), during business hours upon reasonable advance notice, to the financial books and records of the Surviving Corporation and its Subsidiaries for the purposes of the review and objection right contemplated herein.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Base Purchase Price 10 3.2 Adjustments to Base Purchase Price..................................... 10 3.3

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