Payment by Sellers. In the event that the Final Working Capital is less than the Target Working Capital, then the Purchaser shall be entitled to a set off against the Note described in Section 1.04 for the amount of such difference.
Payment by Sellers. If the 1999 Funded Debt, as finally determined, is greater than the Estimated Funded Debt, Sellers will, on the Final Payment Date, pay to the Purchaser an amount, in cash, equal to such difference.
Payment by Sellers. For the avoidance of doubt, any payments to be made jointly by the Sellers to the Buyer under this Agreement (including without limitation, Sections 9.3(a) and 10.1), shall be allocated amongst each Seller, so that they receive a pro rata share of the Purchase Price equal to the fraction the numerator of which is the number of Sale Shares to be sold by such Seller and the denominator of which is the aggregate number of Sale Shares (the “Seller Ownership Percentage”).
Payment by Sellers. If the Final Aggregate Purchase Price, as finally determined pursuant to Section 2.8(b), is less than the Estimated Aggregate Purchase Price, then the Purchaser and the Representative (on behalf of the Sellers) shall direct the Escrow Agent to release to the Purchaser, from the Escrow Account, an amount equal to such difference within five (5) Business Days after the final determination of the items set forth in the Closing Statement.
Payment by Sellers. If the August 22, 2001 Net Asset Value is less than the Estimated August 22, 2001 Net Asset Value, Sellers shall within five Business Days after the Determination Date pay to the Purchaser by wire transfer an amount equal to the Estimated August 22, 2001 Net Asset Value minus the August 22, 2001 Net Asset Value.
Payment by Sellers. 17 ARTICLE II
Payment by Sellers. At the Closing, the Principal Sellers shall pay or cause Hanbet to pay $854,528.30 to Ginsbury U.S. in full satisfaction of the notes receivable from Hanbet to Ginsbury U.S.
Payment by Sellers. If the Actual Closing Date Working Capital Amount is less than the Estimated Working Capital (the amount of such deficit being the “Working Capital Deficit Adjustment”), the Surviving Corporation and the Sellers’ Representative shall jointly instruct the Escrow Agent to pay to the Surviving Corporation, from the Escrowed Amount, an aggregate amount equal to the Working Capital Deficit Adjustment, together with interest earned in the escrow thereon, if any, as provided in the Escrow Agreement, after taking into account any amounts paid pursuant to Section 1.8(c)(iii). Such payment will be made in cash, by cashier’s or certified check, or by wire transfer of immediately available funds to an account designated by the Surviving Corporation.
Payment by Sellers. If the Brincko Final Working Capital is less than the Brincko Estimated Working Capital, then Brincko shall, within five (5) Business Days after the determination of the Brincko Final Working Capital pay to Buyer an amount equal to the excess of the Brincko Estimated Working Capital over the Brincko Final Working Capital, by wire transfer of immediately available funds.
Payment by Sellers. If the Sitrick Co Final Working Capital is less than the Sitrick Co Estimated Working Capital, then Sitrick Co shall, within five (5) Business Days after the determination of the Sitrick Co Final Working Capital pay to Buyer an amount equal to the excess of the Sitrick Co Estimated Working Capital over the Sitrick Co Final Working Capital, by wire transfer of immediately available funds.
