Payment of Purchase Prices. (a) On the Phase 1 Closing Date, each Purchaser shall pay its Respective Proportion of the aggregate Phase 1 Purchase Price by wire transfer of immediately available funds to an account designated in writing by the Company.
Payment of Purchase Prices. (a) The Canadian Purchaser shall pay the Estimated Canadian Purchase Price, less the Holdback Amount, to the Canadian Vendors, pro rata in accordance with their respective holdings of the Canadian Purchased Shares, at the Closing Time by certified cheque, bank draft or wire transfer of immediately available funds to an account or accounts specified by the Canadian Vendors. On the Adjustment Date (i) the Canadian Purchaser shall pay to the Canadian Vendors the amount by which the Canadian Purchase Price (as then determined, namely without adjustment for the Uncollectible Accounts Receivable provided for in Section 2.2(a)(ii)) exceeds the Estimated Canadian Purchase Price, if applicable, and in which case (or should there be no difference between such figures) the Canadian Vendors shall be paid $200,000 from the Holdback Amount, or (ii) the Canadian Vendors shall pay to the Canadian Purchaser the amount, if any, by which the Estimated Canadian Purchase Price exceeds the Canadian Purchase Price (as then determined, namely without adjustment for the Uncollectible Accounts Receivable provided for in Section 2.2(a)(ii)) which amount shall first be claimed by the Canadian Purchaser against the Holdback Amount, and, thereafter, to the extent the remaining Holdback Amount is greater than $300,000, such amount over $300,000 shall be paid to the Canadian Vendors, pro rata in accordance with their respective holdings of the Canadian Purchased Shares, in any case by certified cheque, bank draft or wire transfer of immediately available funds to an account or accounts specified by the Canadian Vendors, together with interest thereon at the Prime Rate from the Closing Date to the Adjustment Date.
Payment of Purchase Prices. On Closing Day I the Purchase Price I and an amount of EUR 22,100,000.00 (in words: Euro twenty-two million one hundred thousand) (“Preliminary Purchase Price II”), and on Closing Day II the Purchase Price III shall be paid in full by the Purchaser and received by the Sellers the same day in Euros by unconditional and irrevocable wire transfer in immediately available funds, free of any costs and charges imposed by any financial institutions commissioned by the Purchaser, into the bank accounts specified in Schedule 4.4(a) (herein also referred to as the “Sellers’ Bank Accounts”) which have been designated by each of the Sellers. Upon receipt of the Purchase Price I and the Preliminary Purchase Price II by the Sellers, each of the Sellers shall deliver to the Purchaser a confirmation, substantially in the form set forth in Schedule 4.4(b), stating the due payment of the Purchase Price I and the Preliminary Purchase Price II. This applies mutatis mutandis to the payment of Purchase Price III. As between and among the Sellers (im Innenverhältnis), each Seller is entitled to such percentage of any payments to be made by the Purchaser as set forth in Schedule 4.4(c).
Payment of Purchase Prices. (a) The Richmont Purchase Price net of the Argonaut Purchase Price shall be satisfied by payment pursuant to Section 5.3 to the Escrow Agent pursuant to the Escrow Agreement attached as Schedule "F".
Payment of Purchase Prices. Provided that Chartered has not under clause 2.3 hereof refused to purchase a Product from the Distributor Chartered shall pay to the Distributor the amount of the Purchase Price due in respect of that Product, initiating such payment by Bankers Automated Clearing System to the Distributor's bank account notified to Chartered within two banking days of Chartered's receipt of the original Invoice therefor. Interest on any late payment in cleared funds shall be paid at the rate of 2 percent above Finance House Base Rate.
Payment of Purchase Prices. The Canary Purchase Price, the AVB Purchase Price, the Choice Cuts Purchase Price and the Xxxxx Cuts Purchase Price shall each be paid in cash at the applicable closing; provided, however, that at the closings of the Choice Cuts and Canary libraries Premiere shall have the option of delivering shares of Premiere's Class A common stock having a fair market value equal to the purchase price in lieu of cash; provided further that at the closing of the AVB and Prime Cuts libraries, CP shall have the option to receive shares of a class of Premiere's Class A common stock selected by Premiere having a fair market value equal to the purchase price in lieu of cash. The fair market value of Premiere's Class A common stock shall equal the average of the last reported sale price for Premiere's Class A common stock on the exchange (or NASDAQ) on which the Class A common stock is then traded for the twenty business day period ending five business days prior to the applicable closing.
Payment of Purchase Prices
