Payment of Adjusted Purchase Price. The Adjusted Purchase Price shall be paid to Seller as follows:
(a) At Closing, Buyer shall pay to Seller cash equal to the Adjusted Purchase Price.
(b) All cash payments by Buyer to Seller pursuant to this Section 2.4 shall be made in immediately available funds by confirmed wire transfer to a bank account designated in writing by Seller to Buyer.
Payment of Adjusted Purchase Price. Promptly following the final determination of Adjusted Working Capital as provided in Section 2.4, but in no event later than ten (10) days after such determination:
(a) if the Adjusted Working Capital minus the Target Adjusted Working Capital (such difference, which may be a positive or negative number, the “Working Capital Adjustment”) is greater than the Working Capital Adjustment Estimate, Founder shall wire transfer in immediately available funds to Partner Company Stockholders an aggregate amount equal to such difference; or
(b) if the Working Capital Adjustment is less than the Working Capital Adjustment Estimate, Partner Company Stockholders shall, upon Partner Company Stockholders’ election, either (i) wire transfer to Founder in immediately available funds the amount of such excess or (ii) deliver such number of shares of Founder Stock (rounded to the nearer whole share) as shall be determined by dividing the amount of such excess by the ten-day average closing price on the New York Stock Exchange of Founder Stock on the day preceding the transfer of such shares. Any payment required to be made pursuant to this Section 2.5 shall be made together with interest thereon from the Closing Date to the date of payment at the rate of interest per annum equal to the prime rate in effect on the Closing Date as reported in the national edition of The Wall Street Journal. All wire transfers hereunder shall be to such account as the recipient thereof may designate in writing for that purpose.
Payment of Adjusted Purchase Price. At Closing, Buyer shall pay Seller an amount equal to the Adjusted Purchase Price in immediately available funds.
Payment of Adjusted Purchase Price. The Adjusted Purchase Price shall be paid as follows:
Payment of Adjusted Purchase Price. At Closing, Purchaser shall pay to Seller the Adjusted Purchase Price, by cashier's check or wire transfer of cash in United States Currency, in a manner specified by Seller in writing. Seller shall present to Purchaser at least three business days prior to Closing a proposed closing statement and the parties shall agree on said statement prior to Closing.
Payment of Adjusted Purchase Price. Seller shall prepare and deliver to Purchaser, at least three (3) "Business Days" (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York, or Houston, Texas are required or authorized by law to be closed) prior to the Closing Date, Seller's estimate of the Adjusted Purchase Price to be paid at Closing, together with a statement setting forth Seller's estimate of the amount of each adjustment to the Purchase Price to be made pursuant to Section 2.2 and such backup or supporting information as may be necessary to permit Purchaser to understand how Seller determined such estimates. The Parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing. In the event any estimated adjustment amounts are not agreed upon prior to Closing, the estimate of the Adjusted Purchase Price for purposes of Closing shall be calculated based on Seller's and Purchaser's agreed upon estimated adjustments and Purchaser's good faith estimation of any disputed amounts. At Closing, Purchaser shall pay to Seller the estimated Adjusted Purchase Price determined as set forth in this Section by wire transfer of cash in United States currency, in a manner specified in writing by Seller and submitted to Purchaser no later than three (3) Business Days prior to Closing (such estimated Adjusted Purchase Price being herein referred to as the "Estimated Adjusted Purchase Price"). Within five Business Days after the final determination of the Adjusted Purchase Price in accordance with Section 9.1, Purchaser shall pay to Seller or Seller shall pay to Purchaser, as the case may be, the amount by which such final Adjusted Purchase Price is greater than or less than, respectively, the Estimated Adjusted Purchase Price.
Payment of Adjusted Purchase Price. The Adjusted Purchase Price shall be paid, in cash, electronics funds transfer or by wire transfer of funds to an account or accounts identified by Seller and/or Principal, as follows: the Closing Purchase Price shall be paid at the Closing, and the Deferred Purchase Price shall be paid in two equal installments on each of the first and second anniversaries of the Closing (or the first banking day thereafter, if an anniversary should fall on a non-banking day). Seller and Principal acknowledge that imputed interest is included in the Deferred Purchase Price, and that Buyer shall so report same to Seller and/or Principal in a timely manner on Forms I 099-INT. Buyer’s payment of such amounts shall be secured by Buyer’s promissory note in the form attached hereto as Schedule 1.05.
Payment of Adjusted Purchase Price. The Adjusted Purchase Price shall be paid at Closing.
Payment of Adjusted Purchase Price. On the Closing Date, the Buyer shall pay to the Seller by wire transfer in immediately available funds, the amount of the Purchase Price, adjusted as follows: (i) ) less all principal payments received by the Seller on account of the Loan(s) from the Calculation Date through the day before the Closing Date multiplied by the Bid Percentage, (ii) plus accrued and unpaid interest with respect to an Loan(s) which are not more than sixty (60) days past due, (iii) less any escrows held by, or plus any escrows owed to, the Seller relating to the Loan(s), and (iv) plus any protective advances made by the Seller, in its reasonable discretion between the Calculation Date and the Closing Date. The adjusted Purchase Price shall be calculated on a settlement statement prepared by the Seller and available for the Buyer's review two Business Days prior to the Closing Date.
Payment of Adjusted Purchase Price. The Adjusted Purchase Price shall be paid to Sellers as follows:
(a) Within one Business Day after the execution and delivery of this Agreement, Buyer shall tender to Sellers cash equal to five percent (5%) of the Purchase Price as a deposit (such amount, together with all interest earned thereon, the “Deposit”). The Deposit is considered and recognized by Sellers and Buyer as an xxxxxxx money deposit on the Purchase Price and as security for Buyer’s performance hereunder. The Deposit shall (i) be applied against the Adjusted Purchase Price owing by Buyer at the Closing pursuant to Section 2.4(b), (ii) retained by Sellers pursuant to Section 10.2 or (iii) returned to Buyer pursuant to Section 10.2, as applicable.
(b) At the Closing, Buyer shall pay to Sellers cash equal to the Adjusted Purchase Price less the Deposit.
(c) All cash payments by Buyer pursuant to this Section 2.4 shall be made in immediately available funds by confirmed wire transfer to a bank account or accounts designated by Sellers, as applicable.
