Payment of Purchase. PRICE Buyer shall tender the balance of the Purchase Price in the amount of Fifty Thousand Dollars ($50,000.00) and shall also tender payment of Three Thousand Four Hundred Dollars ($3,400.00) as described in Section 4 of this Agreement.
Payment of Purchase. Seller agrees to sell to Buyer the above-named Dog, for $ 3,500.00 (Three Thousand US Dollars), which is due in full at time the Dog is placed in possession of the Buyer. The deposit of 1750.00 dollars is due upon signing the contract. Refunds are only at the discretion of the SELLER. Buyer is responsible for all fees associated with payment transfers. Our preferred method of payment is by cash, electronic transfer, money order, or certified cheque.
Payment of Purchase. Price The purchase price for the shares of stock in Buyer owned by Shareholder may be paid by Buyer as follows: The purchase price for the shares of capital stock in the Corporation will be satisfied by a cash payment to the Shareholder at the time of the closing for the full amount of the purchase price. Buyer agrees to take such acts as are necessary, including but not limited to adoption or amendment of appropriate articles of incorporation or by-laws, to effectuate the following:
(a) In the event Buyer or its Affiliates proposes to register an offering of its securities under the federal securities laws, other than for an employee benefit plan or pursuant to a plan of merger or acquisition, Buyer shall use their best efforts to cause Shareholder's securities to be included in the registration so as to permit the public sale of those securities.
Payment of Purchase. Price Said purchase price of TEN THOUSAND DOLLARS ($10,000.00) for the Desk and said purchase price of ONE MILLION NINE-HUNDRED FIFTY-SIX THOUSAND DOLLARS ($1,956,000.00) plus THIRTY-THREE THOUSAND FIVE- HUNDRED (33,500) shares of the Stock for the Resort Property, the Paper and for any remaining tangible and intangible assets included in the sale shall be paid at closing as follows:
(a) TEN THOUSAND DOLLARS ($10,000.00) for the Desk shall be paid in cash or by cashier's or certified check or wire transfer.
(b) ONE MILLION ONE-HUNDRED FIFTY-EIGHT THOUSAND DOLLARS ($1,158,000.00) of the purchase price for the Resort Property and the Paper shall be paid by the assumption by Purchaser of that certain first leasehold mortgage presently encumbering the Ground Lease (the "Leasehold Mortgage"), a copy of which Leasehold Mortgage and all modifications thereof are attached hereto as Exhibit "E" and by reference made a part hereof. Purchaser acknowledges that the Paper is and/or shall be collaterally assigned to the owner and holder of the Leasehold Mortgage as and for additional security for the promissory note referred to therein. Purchaser also agrees that at the closing, and in order to induce the owner and holder of the Leasehold Mortgage to allow the assumption thereof by Purchaser, the Leasehold Mortgage and the promissory note secured thereby will be modified and amended so that the monthly payments due thereunder, commencing with the payment due on the 1st day of May, 1998, will be calculated based upon a ten (10) year amortization, and the terms of the collateral assignment of the Paper will be modified so that each month out of the collections received from the Paper an amount equal to the monthly payment due under the Leasehold Mortgage will be paid to the owner and holder thereof and thereafter any remaining collections for such month shall be paid over to Purchaser. Additionally the insurance escrow requirement set forth in the -------------------------------------------------------------- Mortgage will be removed. Except as hereinabove set forth the terms of the ------------------------ Leasehold Mortgage as they exist as of the date of this agreement (including the maturity date), and the terms governing the collateral assignment of the Paper will remain the same.
(c) The Stock, being 33,500 shares of the common stock of Capitol Communities Corporation, shall be delivered free and clear of all liens and encumbrances. Seller may take title to the Stoc...
Payment of Purchase. PRICE Buyer will pay the full Purchase Price on auction day as follows: Paid on account by Bank Cashier’s Check or cash $25,000. Balance of the Purchase Price in full by personal check.
Payment of Purchase. Price 1) The "First Party" or the person designated by the "First Party" shall settle the guarantee debts and the off books debt of the "First Party" in the purchase money to be deposited in the bank with which the "Second Party" has a prime business relationship, and further, the "First Party" shall provide the "Second Party" with the evidential documents of such settlement. 2) Prior to such settlement, the "First Party" shall put the land of the re-development project plot to pledge in favor of the "Second Party" or the person designated by the "Second Party", and the "First Party" shall transfer the stocks to the "Second Party" through the resolution by the General Meeting of Stockholders and the Board of Directors. Also, the existing Directors shall be replaced with new Directors recommended by the "Second Party", and any alterations in the name and the purpose of the "Company" and the like shall be registered. 3) The "First Party" and the bank with which the "First Party" has a prime business relationship shall complete the remaining construction works within 20 days from the contract date so that the approval for provisional use of the building may be obtained, and further the "First Party" and the said bank shall reimburse the debts of the "First Party" in any remaining amount that 50 billion Won is excluded from the balance after reimbursing the guarantee debts and the off-book debts, and cancel the pledge.
Payment of Purchase. Price on the Initial Closing Date and Additional Account Closing Date(s). The Purchase Price for Receivables shall be paid or provided for on the Initial Closing Date and each Additional Account Closing Date, as the case may be, in either of the following ways: (i) by payment in cash in immediately available funds; or (ii) in the event that the total Purchase Price is not paid in full in cash by RFC on the Initial Closing Date and any Additional Account Closing Date, as the case may be, the Seller shall convey the principal amount of such cash shortfall as a capital contribution to RFC.
Payment of Purchase. The Seller shall be paid for its interest by certified or cashier's check or wire transfer of immediately available funds by each such Buyer's by each such buyer at Closing, which shall be held not later than one hundred eighty (180) days after notice to withdraw.
Payment of Purchase. The Purchase Price shall be paid by West Shore to -------------------- MPC in the form of obtaining and delivering to MPC the promissory note executed by MPC under its Loan Agreement with West Shore, marked "Cancelled". The discharge and cancellation of that promissory note shall constitute full payment of the Purchase Price.
Payment of Purchase. Price The Buyer will pay the purchase price as follows: Previously paid by the Buyer (initial deposit) $ Upon signing of this Contract (balance of deposit) $ Amount of mortgage (paragraph 6) $ By assuming the obligation to pay the present mortgage according to its terms. This mortgage shall be in good standing at the closing. Either party may cancel this Contract if the Lender does not permit the Buyer to assume the mortgage (estimated balance due). $ By the Seller taking back a note and mortgage for years at % interest with monthly payments based on a year payment schedule. The Buyer will pay the Seller’s attorney $ for the preparation of the necessary documents. The Buyer will also pay all recording costs and provide the Seller with an adequate Affidavit of Title. $ Balance to be paid at closing of title, in cash or by certified or bank cashier’s check or attorney’s trust account check (subject to adjustment at closing). $
