Payment of Additional Purchase Price. On the twelve-month anniversary of the Closing Date (or the first Business Day following such date if such date is not a Business Day) (the “Additional Purchase Price Closing Date”), Purchaser shall pay to the Company the Additional Purchase Price by wire transfer of immediately available funds to the account designated by the Company prior to the date thereof. Such additional purchase price payment shall have no contingencies. The failure by Purchaser to pay the Additional Purchase Price when due in accordance with this Section 2.03(d) shall constitute a material breach of this Agreement and shall give rise to the immediate right of the Company to terminate this Agreement in accordance with Section 6.01.
Payment of Additional Purchase Price. Buyer shall have paid to Seller the appropriate Additional Purchase Price
Payment of Additional Purchase Price. On or before the Additional Purchase Price Payment Date, Developer shall deliver to Authority (i) funds equal to the Additional Purchase Price, and (ii) documentation reasonably acceptable to Authority depicting the method by which the Additional Purchase Prices were calculated. 505. Effect of Violation of the Terms and Provisions of this Agreement After Completion of Construction. Authority is deemed the beneficiary of the terms and provisions of this Agreement and of the covenants running with the land, for and in its own right and for the purposes of protecting the interests of the community and other parties, public or private, in whose favor and for whose benefit this Agreement and the covenants running with the land have been provided, without regard to whether Authority has been, remains or is an owner of any land or interest therein in the Site or in the Project. Authority shall have the right, if this Agreement or covenants are breached, to exercise all rights and remedies, and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breaches to which it or any other beneficiaries of this Agreement and covenants may be entitled. The covenants contained in this Agreement shall remain in effect until the issuance of the Release of Construction Covenants for the completion of the construction of the Developer Improvements, except for the following:
Payment of Additional Purchase Price. Developer shall pay the Additional Purchase Price for the Affordable Housing Units and the Market Rate Housing Units directly to the Authority. Section 504.5 No later than 90 days after the closing of the last Initial Sale. ATTACHMENT NO. 5
Payment of Additional Purchase Price. In the event that the Practice enters into an Additional Hospital Contract, AmeriPath shall in good faith make an estimate of the projected Additional Purchase Price payable with respect to such Additional Hospital Contract (the “Estimated Additional PP”). AmeriPath shall pay the Sellers an amount equal to fifty percent of the Estimated Additional PP with respect to the applicable Additional Hospital Contract within sixty (60) days of the applicable Commencement Date. Within sixty (60) days following the second anniversary of the Commencement Date for an applicable Additional Hospital Contract, AmeriPath shall pay Sellers an amount equal to the actual Additional Purchase Price payable with respect to such Additional Hospital Contract less the Estimated Additional PP paid with respect to the Additional Hospital Contract; provided, however, that if the Estimated Additional PP exceeds the Additional Purchase Price payable with respect to the Additional Hospital Contract, the Sellers shall pay AmeriPath the excess of the Estimated Additional PP over the Additional Purchase Price within sixty (60) days following the second anniversary of the applicable Commencement Date. The Additional Purchase Price shall be shared equally by each of the Sellers.
Payment of Additional Purchase Price. Within ten (10) business days ------------------------------------ after resolution of the Final Closing Balance Sheet, Purchaser shall deposit the Additional Purchase Price, if any, together with interest thereon at a rate of 7% calculated from the Closing Date, into the Escrow Fund pursuant to the Escrow Agreement.
Payment of Additional Purchase Price. The Additional Purchase Price shall be payable by the Buyer to the Lender only if the Bank’s Loan Losses (as defined below) for the period from and including October 1, 2008 through and including September 30, 2011 are less than $125,000,000.00. For purposes of this Agreement, “Loan Losses” shall be defined as follows: the sum of (a) any loan loss which occurs beginning on October 1, 2008 through and including September 30, 2011 and which is recognized in accordance with the Accounting Standards, (b) any losses on real property that is included in the Other Real Estate Owned (OREO) account (the “Oreo Account”) of the Bank as of October 1, 2008, and (c) any losses on real property that is added to the OREO Account following foreclosure by the Bank with respect to a Designated Loan (as defined below), whether or not the Bank recognizes any loss on the loan at the time of foreclosure. Loan Losses shall be recognized only on those loans or loan assets (including OREO assets) which were reflected in the Bank Financial Statements as of September 30, 2008, and they will not include losses recognized on any loans made by the Bank subsequent to September 30, 2008 (the “Designated Loans”). Loan Losses shall be netted against any recoveries with respect to the Designated Loans actually collected by the Bank on or prior to November 29, 2011.
Payment of Additional Purchase Price. The Buyer shall deliver (or cause to be delivered) a one-time non-refundable and non-creditable cash payment of [REDACTED] to the Target (or its designee) (the “Additional Payment”), without set-off (by contract or otherwise), by electronic funds transfer or wire transfer of immediately available funds in U.S. dollars to one or more accounts specified by the Target within ten (10) Business Days of the Buyer’s receipt of Pelabresib Revenue Payments with respect to Net Sales of Pelabresib in a calendar year in excess of [REDACTED] Any such payment by the Buyer, if and when made hereunder, shall constitute the payment of additional purchase price for the Buyer’s purchase of the Revenue Participation Rights.
Payment of Additional Purchase Price. (a) Upon the terms and subject to the conditions contained in this Amendment, at the expiration of the Term, Buyer shall pay to Movado, on behalf of Sellers an amount in cash equal to the Additional Purchase Price.
Payment of Additional Purchase Price. The additional purchase price for the Property (the "Additional Purchase Price") shall be equal to the actual, direct costs incurred by Seller to construct (including, without limitation all architectural, engineering, design and permitting costs) the Building to the Core and Shell Condition (the "Core and Shell Construction Costs"), provided in no event shall the Additional Purchase Price exceed Three Million Dollars ($3,000,000.00). To the extent that the Core and Shell Construction Costs exceed Three Million Dollars ($3,000,000.00), Seller shall not be entitled to reimbursement for such excess costs. Within fifteen (15) days of Buyer's receipt of the Phase I Completion Notice and all of the Phase I Construction Work Deliveries, Buyer shall wire the Additional Purchase Price to Seller, pursuant to wire instructions provided by Seller in the Phase I Completion Notice; provided, however, that (i) Buyer shall be entitled to deduct from the Additional Purchase Price any delinquent amounts that are due and payable by Tenant under the Lease; and (ii) in the event there is a material, nonmonetary default by Tenant under the Lease, Buyer shall be entitled to withhold from the Additional Purchase Price an amount equal to the reasonably estimated costs required to cure such default and protect Buyer from any potential loss as a result of such default until such default has been cured. Seller shall have until August 31, 2017 (the “Additional Purchase Price Deadline”) to deliver the Phase I Completion Notice and all of the Phase I Construction Work Deliveries and request payment of the Additional Purchase Price, provided the Additional Purchase Price Deadline shall be subject to extension on a day-for-day basis to the extent any events of force majeure cause an actual delay in the performance of the Construction Work and the completion of the Core and Shell Condition of the Building. Buyer shall have no obligation to pay the Additional Purchase Price in the event that Seller fails to timely deliver the Phase I Completion Notice and any of the Phase I Construction Work Deliveries on or before the Additional Purchase Price Deadline (as the same may be extended).
