PAYMENT OF THE CLOSING DATE PAYMENT Sample Clauses

PAYMENT OF THE CLOSING DATE PAYMENT. At Closing Buyer shall pay Sellers an amount equal to the Closing Date Payment, as adjusted by the Estimated Prorations pursuant to Section 3.6 as set forth in the Estimated Prorations Certificate (such Closing Date Payment as adjusted by the Estimated Prorations being the "Estimated Purchase Price"), and as reduced by the Escrow Deposit, by bank wire transfer of immediately available funds to such bank account or accounts designated by Sellers for such purpose not less than two (2) business days before the date such payment is required to be made.

PAYMENT OF THE CLOSING DATE PAYMENT. The Closing Date Payment shall be paid at the Time of Closing by wire transfer from the Purchaser to Messrs. Xxxxxxxx, Xxxxxx, in trust, as agent for the Vendors, receipt thereof by such firm and release from any escrow terms being deemed to constitute receipt by the Vendors of the Closing Date Payment.

PAYMENT OF THE CLOSING DATE PAYMENT. At the Closing, Purchaser will pay U.S. $18,300,000.00 (the "Closing Date Payment") to Seller by wire transfer of immediately available funds to an account previously designated by Seller.

PAYMENT OF THE CLOSING DATE PAYMENT. Subject to the terms and conditions of this Agreement, at the Closing Purchaser shall pay the Closing Date Payment, by wire transfer of immediately available funds, as follows:

PAYMENT OF THE CLOSING DATE PAYMENT. No later than forty-five (45) days prior to the Closing Date, Seller shall deliver to Buyer for its review an inventory of spare parts expected to be included among the Acquired Assets as contemplated in Section 3.1 above. No later than fifteen (15) days prior to the Closing Date, Seller shall deliver to Buyer for its review an inventory of all lubricant oils and spare parts included among the Acquired Assets as contemplated in Section 3.1 above, segregating the spare parts into the three categories provided in clauses (A), (B) and (C) of Section 3.1 (c)(iii), reflecting the respective purchase dates of the spare parts, and setting forth the cost of such Acquired Assets listed on Schedule 3.2 (the "Inventory Schedule"). To the extent that the cost of any of the lubrication oil set forth in the Inventory Schedule was paid in a currency other than Dollars, such sums shall be converted to Dollars at the exchange rate published in the Wall Street Journal one Business Day prior to the Closing. Buyer shall be afforded the opportunity to review during normal working hours the books and records of Seller pertaining to the calculations set forth in the Inventory Schedule to confirm the accuracy of such inventory and calculations. Notwithstanding anything herein to the contrary, it is understood that (i) the spare parts included in the Acquired Assets include only spare parts which are as of the Closing Date in good and useful condition and which are not obsolete and (ii) Buyer may, at its election, exclude from the Acquired Assets any or all of the lubrication oil which would have otherwise been included as Acquired Assets by giving Seller written notice (prior to the Closing Date) of Buyer's election to exclude such lubrication oil. At the Closing, Buyer shall pay to Seller the Closing Date Payment by wire transfer of immediately available funds to a bank account (or accounts) as shall have been designated in writing by Seller to Buyer.