Payment of Asset Purchase Price Sample Clauses

Payment of Asset Purchase Price. (a) Buyer shall pay the Purchase Price and the Noncompete Payment to Seller and the Owners as follows:
Sample 1
AutoNDA by SimpleDocs
Payment of Asset Purchase Price. The Asset Purchase Price shall be paid in Buyer's common stock, par value $.01 per share (the "Common Stock"), by delivery at closing of an equivalent number of shares of Common Stock, valued as the average of the closing bid and asked prices of the Common Stock over the twenty (20) trading days preceding the Closing Date (the "SHARES"). Such Shares shall not be registered Shares, will be restricted Shares within the meaning of the Securities Act of 1933, as amended, and any applicable state blue sky laws (collectively, the "SECURITIES ACT"), and will be imprinted with a restrictive legend which declares the unregistered nature of the Shares, consistent with the attached Exhibit A. The Buyer agrees to cause the Shares to be registered under the Securities Act within one (1) year after the Closing. Notwithstanding Article 10 of this Agreement, in the event the Buyer does not so register the Shares within such time period, the Shareholders may pursue their rights and remedies in a court of competent jurisdiction in the State of Florida or Federal court sitting in Florida.
Sample 1
Payment of Asset Purchase Price. Purchaser shall pay the Asset Purchase Price by wire transfer or cashier's check to Seller at Closing.
Sample 1
Payment of Asset Purchase Price. A tentative Asset Purchase Price (the "Tentative Asset Purchase Price") shall be determined in accordance with the formula set forth in Section 1.2 of this Agreement, with net income of LFM for such purpose being determined by the unaudited financial statements of LFM, which shall have been prepared in accordance with generally accepted accounting principles. The Tentative Asset Purchase Price shall be paid at the Closing as follows:
Sample 1
Payment of Asset Purchase Price. (a) On the Effective Date, Buyer shall deliver to SAMO one million dollars (US $1,000,000) in cash by wire transfer of immediately available funds to the Bank Account.
Sample 1
Payment of Asset Purchase Price. At the First Closing Time, the Asset Acquiror shall pay and satisfy the Asset Purchase Price as follows:
Sample 1
Payment of Asset Purchase Price. (a) AG Promover will deliver to Offerors the amount equal to the Asset Purchase Price as calculated in accordance with Section 1.5, less any amounts for the Final Representative AR Collected Amount (which shall be paid in accordance with subsection 1.6(b) below), within ten (10) Business Days after the delivery of the Post-Closing Certificate, in Colombian Pesos in accordance with Section 6.4, by wire transfer to an account specified by Offerors at least two (2) Business Days in advance of such date, subject to any reduction for taxes required to be withheld by AG Promover under applicable law and any sales tax that may be accrued on the transfer of any Asset. The obligation of AG Promover to deliver such portion of the Asset Purchase Price on such date is without prejudice to the right of the Offerors or AG Promover to object the Post-Closing Certificate, as set out in Section 1.5(d).
Sample 1
AutoNDA by SimpleDocs

Related to Payment of Asset Purchase Price

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

  • Deferred Purchase Price On each Business Day on and after the Final Payout Date, the Servicer, on behalf of the Agent, shall pay to the SPV an amount equal to the Collections of Receivables received by the SPV less the accrued and unpaid Servicing Fee (and the SPV (or the Servicer on its behalf) shall apply such Collections in the manner described in Section 2.14).

  • Equity Interest Purchase Price The purchase price of the Optioned Interests (the “Base Price”) shall be XXX 00. If PRC law requires a minimum price higher than the Base Price when Party A exercises the Equity Interest Purchase Option, the minimum price regulated by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”).

  • Receivables Purchase Price On the Closing Date, the Purchaser shall deliver to the Seller the Receivables Purchase Price, as provided in Section 2.1(b).

  • Contract Purchase Price The amount actually paid or allocated in respect of the purchase, development, construction or improvement of an Asset, or the amount of funds advanced with respect to a Mortgage, exclusive of Acquisition Fees and Acquisition Expenses.

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Base Purchase Price 10 3.2 Adjustments to Base Purchase Price..................................... 10 3.3

Time is Money Join Law Insider Premium to draft better contracts faster.