Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by Buyer under this Section 2.01(c)(i) shall be effected by means of a wire transfer on the day when due to such account or accounts as the Originators may designate from time to time.
(ii) To the extent that the Sale Price of Sold Receivables exceeds the amount of cash then available to Buyer, the applicable Originator hereby agrees to make a subordinated loan (each, a “Subordinated Loan”) to Buyer in an amount not to exceed the lesser of (i) the amount of such excess in satisfaction of the equivalent portion of the Sale Price not paid in cash and (ii) the maximum Subordinated Loan that could be borrowed without rendering Buyer’s Net Worth less than the Required Capital Amount. The Subordinated Loans of an Originator shall be evidenced by a subordinated promissory note substantially in the form of Exhibit 2.01(c)(ii) hereto (a “Subordinated Note”) executed by Buyer and payable to such Originator. The Subordinated Loans shall bear interest and be payable as provided in the Subordinated Note.
Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor (x) in Dollars in immediately available funds or (y) with the proceeds of a Subordinated Loan as provided in clause (ii) below. All cash payments by Buyer under this Section 2.01(c)(i) shall be effected by means of a wire transfer on the day when due to such account or accounts as the Originators may designate from time to time.
(ii) To the extent that the Sale Price of Sold Receivables exceeds the amount of cash then available to Buyer, each applicable Originator hereby agrees to make a subordinated loan (each, a “Subordinated Loan”) to Buyer in an amount not to exceed the lesser of (i) the amount of such excess in satisfaction of the equivalent portion of the Sale Price not paid in cash and (ii) the maximum Subordinated Loan that could be borrowed without rendering Buyer’s Net Worth less than the Required Capital Amount. Notwithstanding the foregoing, no Canadian Originator shall make Subordinated Loans, and such Canadian Originator shall be entitled to be paid the Sale Price in cash, unless and until Parent otherwise elects by written notice to the Buyer and the Administrative Agent and such Subordinated Loans are subject to such terms as are acceptable to the Canadian Originator, Buyer and Administrative Agent to ensure that interest payments on such Subordinated Loans will not be subject to withholding tax, deduction or other Charge. The Subordinated Loans of an Originator shall be evidenced by a subordinated promissory note substantially in the form of Exhibit 2.01(c)(ii) hereto (a “Subordinated Note”) executed by Buyer and payable to such Originator. Each Subordinated Loan shall bear interest and be payable as provided in the related Subordinated Note.
Payment of Sale Price. Upon the receipt of payment from the Buyer of the above listed Sale Price by the Breeder, the Breeder agrees to transfer to Buyer the one above described puppy with registration papers as defined by the AKC (American Kennel Club). The remaining balance of the above listed Sale Price, minus any holding deposit paid by the Buyer is to be paid in full at the time of the transfer, paid either via Venmo, Cash App or Cash. Shipping or transportation charges are not included in the purchase price. Registration fee charges by the AKC are the sole responsibility of the Buyer.
Payment of Sale Price. Subject to subparagraph (d) below, in consideration for each Sale of Sold Receivables by any Originator hereunder, its Related Buyer shall pay to such Originator on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by a Related Buyer under this Section 2.01(c) shall be effected by means of a wire transfer on the day when due to such account or accounts as its Related Originator may designate from time to time.
Payment of Sale Price. In consideration for each Sale of Sold Receivables hereunder by an Originator, Buyer shall pay to the applicable Originator on the Transfer Date therefor the Sale Price therefor in Dollars in immediately available funds. All such payments by
A. M. Castle & Co., Total Plastics, Inc., Xxxxxx Steel Plate Co, and Keystone Tube Company, LLC Receivables Sale and Contribution Agreement Buyer under this Section 2.01(c) shall be effected by means of a wire transfer on the day when due to such account or accounts as the applicable Originator may designate.
Payment of Sale Price. The Sale Price shall be paid and satisfied entirely by payments by the Customer to the Bank at the times and in the manner sets out in the Agreement.
Payment of Sale Price. Payment of Sale Price.Payment of Sale Price.Payment of Sale Price.Payment of Sale Price.Payment of Sale Price.Payment of Sale Price.Payment of Sale Price.Payment of Sale Price. Payment of the Sale Price owed with respect to the purchase of any Interest offered or deemed offered, or otherwise purchased, under the terms of this Agreement shall be made in cash at settlement.
Payment of Sale Price. In consideration for each Sale of Sold Receivables hereunder by an Originator, Buyer shall pay to the applicable Originator on the Transfer Date therefor the Sale Price therefor in Dollars in immediately available funds. All such payments by Buyer under this Section 2.01(c) shall be effected by means of a wire transfer on the day when due to such account or accounts as the applicable Originator may designate.
Payment of Sale Price. Rental The full price of $50,000.00 is payable in full at the closing. The rental of $1.00 per month will be payable in advance, as pro- vided in this section. Payment for the first month (or fraction of a month) and the next two months shall be payable at closing. The rent for each subsequent three- month period shall be payable on the first day of the third month following the month of the closing and on the first day of every third month thereafter, as follows: Payment Date Amount Period ----------------- ---------- ------------- Aug 1, 2006* $3.00 Aug, Sep, Oct 2006 Nov 1, 2006 3.00 Nov, Dec 2006; Jan 2007 Feb 1, 2007 3.00 Feb, Mar, Apr 2007 May 1, 2007 3.00 May, Jun, Jul 2007 Aug 1, 2007 3.00 Aug, Sep, Oct 2007 Nov 1, 2007 3.00 Nov, Dec 2007; Jan 2008 Feb 1, 2008 2.00 Feb, Mar 2008 * or the closing date, if later 7 Initial Payment on Purchase Purchase On July 17, 2006, Buyer provided funds of $20,000.00 to the company, and requested that the funds be recorded as an advance, to be treated as a partial payment toward the contemplated purchase of Company's equipment located at its facility in Amargosa Valley. This amount will be credited to Buyer at closing.
Payment of Sale Price. (a) The Sale Price is calculated based on the ceiling profit rate as determined by the Financier. However, the monthly payment of the Sale Price shall be calculated based on the effective profit rate as determined by the Financier which will not exceed the ceiling profit rate.
(b) The Customer shall pay to the Financier the Sale Price by installments (hereinafter collectively called “the Installments”) and on each of the dates (hereinafter referred to as “the Installment Payment Dates”) specified in Section 1 of the Second Schedule hereto or by such other number of instalments or such other amount or on such other Installment Payment Dates as shall be mutually agreed between the parties hereto.
(c) Under the Financier’s “Lembaga Pembiayaan Perumahan Sektor Awam Scheme”, a rebate or “Ibra’” on the Installments is offered to the Customer so long as the Customer remains under the employment of the employer of the Customer that is either the Government of Malaysia, a state government, a local authority or a statutory authority.
(d) The Customer hereby authorises the Financier to communicate with the employer of the Customer on the deduction by the employer of the Customer from the Customer's salary and/or pension, of any amount due by the Customer to the Financier under this Agreement and this deduction shall include such deduction required for the settlement of the Installment on each of the Installment Payment Dates.
(e) In the event the deduction of the salary and/or pension due is unable to be made from the account of the Customer for the payment of the Installments on each of Installment Payment Dates, the Customer shall have the obligation to pay the Installments in other manner which the Customer shall deem appropriate and which is acceptable to the Financier until such Installment can be resumed to be made by the Customer. Notwithstanding the provisions of paragraph (b) above, the dates therein provided for the payment of the Sale Price and the amounts of the Installment may at any time and from time to time be varied at the absolute discretion of the Financier by way of a letter and thereupon such amended dates and amounts shall be deemed to become effective and Clause 4(b) hereof shall be deemed to have been amended accordingly and shall be read and construed as if such amended dates and amounts had been incorporated in and had formed part of this Agreement at the date of execution thereof.
