No Reduction of Purchase Price Sample Clauses

No Reduction of Purchase Price. Seller agrees that deduction of the Closing Costs, the Prior Balance and the Origination Fee from the Purchase Price shall not be deemed to be a reduction of the Purchase Price.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
No Reduction of Purchase Price. The Parties hereby agree that the deduction of the applicable fees from the Purchase Price shall not be deemed a reduction to the Purchase Price.
Sample 1Sample 2Sample 3See All (4)
No Reduction of Purchase Price. Seller hereby: (i) agrees to pay the Applicable Fees, the Prior Balance and the Origination Fee (the sum of those, hereinafter, the “Closing Costs”) in full; (ii) hereby authorizes Buyer to apply a portion of the Purchase Price due to Seller pursuant to this Agreement toward satisfaction of Seller’s obligation to pay the Closing Costs by deducting the amount of the Closing Costs from the Purchase Price prior to delivering it to Seller; and (iii) agrees that deduction of the Closing Costs from the Purchase Price shall not be deemed to be a reduction of the Purchase Price.
Sample 1
No Reduction of Purchase Price. Seller hereby agrees that deduction of the Applicable Fees from the Purchase Price shall not be deemed to reduce the Purchase Price. Seller and Buyer agree that this Rider shall be attached to the Agreement and shall be made a part thereof. FOR THE SELLER FOR THE SELLER #2 (If any) /s/ Xxxxx Xxxxxx Xxxxxxxx /s/ Xxxxx Xxxxxx NAME: XXXXX XXXXXX XXXXXXXX NAME: XXXXX XXXXXX RIDER 2 TO THE FUTURE RECEIVABLES SALE AND PURCHASE AGREEMENT (“Agreement”) Between AMERIFUND GROUP LLC (“BUYER”) and CHINA INFRASTRUCTURE CONSTRUCTION (“Seller”) dated October 17, 2022.
Sample 1
No Reduction of Purchase Price. Seller hereby agrees that deduction of any Fees from the Purchase Price shall not be deemed to reduce the amount of the Purchase Price. Seller and Purchaser agree that this Rider shall be attached to the Agreement and shall be made a part thereof. FOR PURCHASER By: FOR THE SELLER By: /s/ Sxxxx Xxxxx Xxxxxxx Name: SXXXX XXXXX XXXXXXX Contract #: 6092355 26 /s/ SAS RIDER 2 TO THE FUTURE RECEIPTS SALE AND PURCHASE AGREEMENT (“Agreement”) Between PROSPERUM CAPITAL PARTNERS LLC d/b/a ARSENAL FUNDING (“Purchaser”) and PARADISE ADVENTURES LLC d/b/a PARADISE ADVENTURES CATAMARANS AND WATERSPORTS (“Merchant”)
Sample 1
No Reduction of Purchase Price. Seller hereby agrees that deduction of the Origination Fee from the Purchase Price shall not be deemed to reduce the Purchase Price. Seller and Purchaser agree that this Rider shall be attached to the Agreement and shall be made a part thereof. FOR PURCHASER By: FOR THE SELLER By: /s/ Sxxxx Xxxxx Xxxxxxx Name: SXXXX XXXXX XXXXXXX Contract #: 6092355 28 /s/ SAS RIDER 4 IDENTIFYING INFORMATION OF SELLER AND GUARANTOR SELLER (#1) Full Name: SXXXX XXXXX XXXXXXX Social Security No: [***] Title OWNER Driver License No: [***] Signature OWNER / GUARANTOR (#1) Full Name: SXXXX XXXXX XXXXXXX Social Security No: [***] Title OWNER Driver License No: [***] Signature SELLER (#2) Full Name: Social Security No: Title Driver License No: Signature OWNER / GUARANTOR (#2) Full Name: Social Security No: Title Driver License No: Signature Contract #: 6000000 29 /s/ SAS REVENUE SOURCES ADDENDUM TO CONTRACT Addendum to the Agreement identified as AGREEMENT OF SALE OF FUTURE RECEIPTS. Reference is made to the above referenced Agreement between Prosperum Capital Partners LLC dba Arsenal Funding (Purchaser) and PARADISE ADVENTURES LLC (Seller) located at . Representations with Respect to Revenue Sources. Seller hereby represents and warrants to Purchaser that (i) the below listed entities/individuals represent the ten (10) largest sources of the Seller’s monthly revenues; (ii) the contact information set forth for each of the below listed entities/individuals is true, correct and accurate; and (iii) providing the below listed information and making the representations and warranties set forth in this addendum is a material inducing factor in Purchaser choosing to enter into the Agreement with Seller. Business Name Fareharbor Name of Contact Cxxxxxx Xxxxxxxx Contact Title Strategic Account Manager Address 1000 Xxxxxxxxx Xxxxx Xxxxxx, XX 00000 Phone [***] Email [***] Business Name Viator Name of Contact Lxxxxxx Xxxxxx Contact Title Strategic Account Manager Address 7 Xxxx Xxxxxx, Xxxxxx X0X 0XX Phone [***] Email [***] Business Name NA Name of Contact NA Contact Title NA Address NA Phone NA Email NA Contract #: 6092355 30 /s/ SAS Business Name Name of Contact Contact Title Address Phone Email Business Name Name of Contact Contact Title Address Phone Email Business Name Name of Contact Contact Title Address Phone Email Contract #: 6092355 31 /s/ SAS Arsenal
Sample 1

Related to No Reduction of Purchase Price

  • Allocation of Purchase Price Within 90 days after the date described in Section 1.9(d), the Buyer will prepare and deliver to WSG a draft schedule allocating the Purchase Price (as may be increased or decreased pursuant to the terms of this Agreement) and the Assumed Liabilities (plus any other relevant items treated as an amount received by the Sellers hereunder for income Tax purposes) among the Purchased Assets and the restrictive covenants in Section 5.3 for all purposes (including Tax and financial accounting) (the “Allocation Schedule”). WSG shall, within 15 days of receipt of the Buyer’s draft Allocation Schedule, notify the Buyer in writing if WSG disagrees with such draft Allocation Schedule, and if WSG does not so notify the Buyer in writing within such 15-day period, the Allocation Schedule shall be final and binding on the Parties. If WSG timely notifies the Buyer in writing (pursuant to the immediately preceding sentence) that WSG objects to one or more items reflected in the draft Allocation Schedule, then the Buyer and WSG shall negotiate in good faith to resolve such objection. If the Buyer and WSG resolve all of the disputed items within 15 days of WSG notifying the Buyer of the dispute in writing pursuant to this Section 1.10, then the Allocation Schedule shall be revised to reflect such resolution, and as so revised shall become final. In the event that the Buyer and WSG are unable to resolve such dispute within 15 days of WSG notifying the Buyer of the dispute in writing pursuant to this Section 1.10, each of the Buyer and WSG shall allocate the Purchase Price (as may be increased or decreased pursuant to the terms of this Agreement) and the Assumed Liabilities (plus any other relevant items treated as an amount received by the Sellers hereunder for income Tax purposes) among the Purchased Assets and the restrictive covenants in Section 5.3 for all purposes (including Tax and financial accounting) in its books, records, filings and Tax Returns (including Form 8594, if applicable) in accordance with its own determinations made in its sole discretion and no Party shall have any obligation or right of claim to the other Party with respect to such allocation and reporting. Any Allocation Schedule agreed between the Buyer and WSG pursuant to this Section 1.10 shall be binding upon the Buyer and WSG and their respective Affiliates and in such instance the Parties shall prepare all books and records and file all Tax Returns (including Form 8594, if required) in a manner consistent with the Allocation Schedule as so agreed between the Buyer and WSG. Any adjustments to the Purchase Price pursuant to this Agreement (including, for avoidance of doubt, pursuant to Section 1.13) after delivery of the initial Allocation Schedule shall be reflected in amendments to the Allocation Schedule made in a manner consistent with Treasury Regulation Section 1.1060-1 and the procedures set forth in this Section 1.10.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

  • Calculation of Purchase Price The bank’s ownership interest in a security will be quantified one of two ways: (i) number of shares or other units, as applicable (in the case of equity securities) or (ii) par value or notational amount, as applicable (in the case of non-equity securities). As a result, the purchase price (except where determined pursuant to clause (ii) of the preceding paragraph) shall be calculated one of two ways, depending on whether or not the security is an equity security: (i) the purchase price for an equity security shall be calculated by multiplying the number of shares or other units by the applicable market price per unit; and (ii) the purchase price for a non-equity security shall be an amount equal to the applicable market price (expressed as a decimal), multiplied by the par value for such security (based on the payment factor most recently widely available). The purchase price also shall include accrued interest as calculated below (see Calculation of Accrued Interest), except to the extent the parties may otherwise expressly agree, pursuant to clause (ii) of the preceding paragraph. If the factor used to determine the par value of any security for purposes of calculating the purchase price, is not for the period in which the Bank Closing Date occurs, then the purchase price for that security shall be subject to adjustment post-closing based on a “cancel and correct” procedure. Under this procedure, after such current factor becomes publicly available, the Receiver will recalculate the purchase price utilizing the current factor and related interest rate, and will notify the Assuming Institution of any difference and of the applicable amount due from one party to the other. Such amount will then be paid as part of the settlement process pursuant to Article VIII.

  • Determination of Purchase Price The Securities Administrator will be responsible for determining the Purchase Price for any Mortgage Loan that is sold by the Trust or with respect to which provision is made for the escrow of funds pursuant to this Section 2.03 and shall at the time of any purchase or escrow certify such amounts to the Depositor; provided that the Securities Administrator may consult with the Servicer to determine the Purchase Price unless the Servicer is the Purchaser of such Mortgage Loan. If, for whatever reason, the Securities Administrator shall determine that there is a miscalculation of the amount to be paid to the Trust, the Securities Administrator shall from monies in a Distribution Account return any overpayment that the Trust received as a result of such miscalculation to the applicable Purchaser upon the discovery of such overpayment, and the Securities Administrator shall collect from the applicable Purchaser for deposit to the Securities Account any underpayment that resulted from such miscalculation upon the discovery of such underpayment. Recovery may be made either directly or by set-off of all or any part of such underpayment against amounts owed by the Trust to such Purchaser.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!