Payment by Seller Sample Clauses
Payment by Seller. Upon failure of Seller to pay taxes or assessments on the Real Estate, Buyer may upon written notice to Seller pay such taxes or assessments and deduct the costs thereof from the Purchase Price.
Payment by Seller. As provided in Section 1.3(e) all Discount and other amounts payable hereunder other than Investment are payable by the Seller. If any part of any Collections is applied to pay any such amounts pursuant to this Section 1.8, the Seller shall pay to the Servicer the amount so applied for distribution as part of Collections.
Payment by Seller. In consideration of Buyer’s assumption of the Liabilities, Seller shall pay to Buyer an amount equal to the principal amount of the Deposits, plus accrued interest, as at the close of business on the Closing Date (the “Deposit Amount”), less the Purchase Price (such calculated amount, the “Payment Amount”).
Payment by Seller. In the event that this Agreement is terminated by the Buyer pursuant to Section 8.1(b)(i), Section 8.1(c), Section 8.1(e) or Section 8.1(f), Seller shall promptly, but in no event later than ten Business Days after the date of such termination, pay the Buyer the Termination Fee.
Payment by Seller. If the Aggregate Purchase Price, as finally determined pursuant to Section 2.6(a), is less than the Estimated Aggregate Purchase Price, Seller will, within five (5) Business Days after the determination thereof, pay to Purchaser an amount equal to such shortfall, by wire transfer of immediately available funds.
Payment by Seller. Seller agrees that it shall pay to Buyer (i) GBP 50,000 (which Seller acknowledges is not subject to approval of Parent’s shareholders in general meeting); and (ii) subject to approval of the shareholders of Parent in general meeting in accordance with the Listing Rules of the UKLA, GBP 200,000, in each case exclusive of any value added tax chargeable thereon, (in aggregate the “Termination Fee”) as compensation for its out-of-pocket costs and expenses incurred in connection with the entering into of this Agreement and the transactions contemplated by this Agreement in the event this Agreement is terminated by Buyer or Seller:
(a) pursuant to Section 9.1(g)(i), provided that within 12 months of the date of termination of this Agreement, Seller shall have completed a transaction based on a Conflicting Proposal (in which case Seller shall pay the Termination Fee to Buyer upon consummation of such transaction); or
(b) pursuant to Section 9.1(g)(ii) (in which case Seller shall pay the Termination Fee to Buyer within two business days of the Termination of this Agreement).
Payment by Seller. If the Actual Tangible Net Book Value is less than Estimated Tangible Net Book Value, Seller will, within five (5) business days after the determination thereof, pay to Purchaser an amount equal to such shortfall, by wire transfer of immediately available funds. If the amount of Maintenance Cash, as computed based on the Closing Date Balance Sheet, is greater than the estimate thereof as of the Closing, Seller will, within five (5) business days after the determination thereof, pay to Purchaser an amount equal to such excess, by wire transfer of immediately available funds.
Payment by Seller. At the closing, the Seller shall deliver to the Buyer cash, by wire transfer of immediately available funds, in an aggregate amount of $1.2 million, representing the unamortized portion of the payment made by the Buyer to the Seller in 1997 in connection with the extension of the lease of the Airplane by the Buyer.
Payment by Seller. In consideration of Buyer Sub's assumption of the ----------------- Liabilities, Seller shall pay to Buyer Sub an amount equal to the principal amount of the Deposits, plus accrued interest, as at the close of business on the Closing Date (the "Deposit Amount"), less the sum of the Purchase Price (such calculated amount, the "Payment Amount").
Payment by Seller. If the Actual Net Asset Value is less than Estimated Net Asset Value, Seller will, within five (5) business days after the determination thereof, pay to Purchaser an amount equal to such shortfall, by wire transfer of immediately available funds.