Common use of OBLIGATIONS OF THE BUYER TO PAY THE PURCHASE PRICE Clause in Contracts

OBLIGATIONS OF THE BUYER TO PAY THE PURCHASE PRICE. 8.1. Within five (5) Business Days from the Date of Performance of the Seller’s Share Transfer Obligations, the Buyer undertakes to remit to the Seller a payment in the amount of the Purchase Price, calculated in accordance with Paragraph 3.1, in Russian rubles, using the Seller’s settlement account specified in Article 17 of this Agreement. The obligation of the Buyer to pay the Purchase Price shall be deemed fulfilled at the moment of crediting of the funds, in Russian rubles, in the amount of the Purchase Price, to the Seller’s settlement account with the bank, as specified in Paragraph 3.2 of this Agreement.

Appears in 4 contracts

Samples: Share Sale and Purchase Agreement (Sistema PJSFC), Share Sale and Purchase Agreement (Mobile Telesystems PJSC), Share Sale and Purchase Agreement (Mobile Telesystems PJSC)

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OBLIGATIONS OF THE BUYER TO PAY THE PURCHASE PRICE. 8.1. Within five (5) Business Days from the Date of Performance of the Seller’s Share Transfer Obligations, the Buyer undertakes to remit to the Seller a payment in the amount of the Purchase Price, calculated in accordance with Paragraph 3.1, in Russian rubles, using the Seller’s settlement account specified in Article 17 of this Agreement. The obligation of the Buyer to pay the Purchase Price shall be deemed fulfilled at the moment of crediting of the funds, in Russian rubles, in the amount of the Purchase Price, to the Seller’s settlement account with the bank, as specified in Paragraph 3.2 of this Agreement.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement

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