Payment by the Buyer. In the event that this Agreement is terminated by Seller pursuant to Section 8.1(b)(i) or Section 8.1(d), the Buyer shall promptly, but in no event later than five (5) Business Days after the date of such termination, pay Seller the Termination Fee.
Payment by the Buyer. If the Purchase Price as finally determined pursuant to Section 2.04(a) exceeds the Estimated Purchase Price by more than $250,000, then within five (5) Business Days after such final determination, the Buyer shall pay to the Securityholder Representative (on behalf of the Securityholders in accordance with their respective Securityholder Allocation Percentages), by wire transfer or delivery of other immediately available funds, an amount equal to the amount by which such excess exceeds $250,000; provided, however, that in lieu of any distribution of such amount to the Securityholders, the Securityholder Representative, in its sole discretion, may retain all or any portion of such amounts as part of the Reserve Account.
Payment by the Buyer. If the Purchase Price as finally determined pursuant to Section 2.04(a) (the “Final Purchase Price”) exceeds the Estimated Purchase Price, within ten (10) Business Days after such final determination thereof the Buyer shall pay to the Seller, by wire transfer or delivery of other immediately available funds, an amount in cash equal to (x) the Final Purchase Price minus (y) the Estimated Purchase Price.
Payment by the Buyer. Buyer shall pay the Purchase Price for the Property of One Hundred dollars ($100), plus the cost of the Title Policy and all other closing costs, in Good Funds to the Title Company at Closing. Closing shall occur on or before October 3, 2016, or at such other date and at such location as the Parties may mutually agree upon.
Payment by the Buyer. At the Closing, the Buyer shall deliver to the Seller by wire transfer of immediately available funds an aggregate amount equal to $35,734,871(the “Purchase Price”).
Payment by the Buyer. If the Merger Consideration as finally determined pursuant to Section 3.03(a) exceeds the Estimated Merger Consideration, within five (5) business days after such final determination thereof the Buyer shall pay to the Representative (on behalf of the Holders), by wire transfer or delivery of other immediately available funds, an amount equal to such excess plus simple interest thereon from the Closing Date to the date of payment at an interest rate equal to 3% per annum by wire transfer or delivery of other immediately available funds.
Payment by the Buyer. If the Final Purchase Price exceeds the Closing Purchase Price, the Buyer shall, within five (5) business days after the date the Final Purchase Price is determined under Section 2.2, deliver to the Sellers’ Committee a wire transfer of immediately available funds in an aggregate amount equal to the Final Purchase Price minus the Closing Purchase Price. Such payment shall be distributed by the Sellers’ Committee to the Sellers in accordance with their Pro Rata Share of such amount.
Payment by the Buyer. In the event that one or both of the Seller and the Covenantor fails to make any uncontested payment required to be made under this Article, then the Buyer shall be entitled to notify the Seller that it intends to make such payment out of the amount payable to the Seller in respect of the Balance and, not less than ten (10) days after such notice is given, the Buyer shall be entitled to make such payment out of such amount payable to the Seller and any such payment by the Buyer shall reduce the Balance. In the event that none of the Purchase Price remains payable to the Seller from the Buyer at such time, the Buyer shall be entitled to make such payment and to set off the amount of such payment against any other amount which may be or become due from the Buyer to the Seller, however arising, notwithstanding that such indebtedness might have arisen from a different transaction. If Seller and/or Covenantor contest any such payment, Buyer shall not make such payment by reducing the Balance unless the Buyer has obtained an uncontested and incontestable judgment against the Seller for the amount of the payment.
Payment by the Buyer. If the Actual Purchase Price is greater than the Estimated Purchase Price, the Buyer shall, within five (5) business days after the final determination of the Actual Purchase Price, pay to the Representative (for the benefit of the Sellers in accordance with their respective Seller Percentages) an amount equal to such difference plus simple interest thereon from the Closing Date to the date of payment at an interest rate equal to 6% per annum. Such payment will be made by wire transfer or delivery of other immediately available funds.
Payment by the Buyer. In consideration of the transaction described in this Agreement, the Buyer shall pay to the Company £4 million by electronic funds transfer, to be sent on the business day following the date of Completion (as defined below), to the following account (or by such method as may be agreed between the Buyer and the Company): [Personal bank account information redacted.]
