Payment of the Closing Purchase Price. At the Closing, Purchaser shall pay to Seller the Closing Purchase Price by wire transfer of immediately available funds in accordance with instructions provided by Seller.
Payment of the Closing Purchase Price. Not later than forty-eight (48) hours prior to the Closing, Seller shall deliver to Buyer a statement (the "Preliminary Statement") setting forth in reasonable detail Seller's reasonable estimate of (i) the Closing Net Working Capital PLN, the Closing Net Working Capital LLC, and Closing Debt Amount with respect to PLN, each prepared in accordance with the methodologies set forth on Exhibit C (together, the "Estimated Closing Amounts"), and (ii) an estimate of the Purchase Price based thereon (the "Closing Purchase Price"). At the Closing on the Closing Date, Buyer shall make a cash payment to Seller in an amount equal to the Closing Purchase Price minus, without duplication, (1) an amount equal to the Indemnification Holdback (which amount will be placed in the Indemnification Holdback Escrow Account by Buyer pursuant to Section 3.1(b)), (2) an amount equal to the Adjustment Amount Escrow (which amount will be placed in the Adjustment Amount Escrow Account by Buyer pursuant to Section 3.1(c)), (3) an amount equal to the Earnest Money (which amount Buyer shall xxxxx xo be transferred at Closing to Seller from the Earnest Money Escrow Agent pursuant to txx xxxxs of this Agreement and the Earnest Money Escrow Agreement), (4) an xxxxxx equal to the Cure Amounts (which amounts will be paid directly by Buyer pursuant to the terms of this Agreement), and (5) the aggregate amount of all Pre-Closing Off-Take Liabilities as of the Closing Date, such cash payment (the "Closing Payment") to be made by wire transfer of immediately available funds to such account as Seller shall designate. For the sake of clarity, an example is set forth on Exhibit C, Example 3.3.
Payment of the Closing Purchase Price. At least three (3) Business Days prior to the Closing, Sellers shall deliver to Buyer a statement setting forth Sellers’ good faith estimate of the Final Net Working Capital Calculation (which shall include Sellers’ prorated charges and other items described in Section 4.3 hereof as of the Closing Date) prepared in accordance with the provisions of Exhibit F (the “Estimated Net Working Capital Calculation”), and an estimate of the Purchase Price based thereon (the “Closing Purchase Price”). At the Closing, Buyer shall make a cash payment (the “Closing Payment”) to the Sellers in the amount equal to the Closing Purchase Price minus an amount equal to the Deposit, such cash payment to be made by wire transfer of immediately available funds to such account as Sellers shall designate. At the Closing, the Escrow Agent shall transfer an amount equal to the amount held in the Deposit Escrow Account to the Sellers by wire transfer of immediately available funds to such account as Sellers shall designate.
Payment of the Closing Purchase Price. The Purchaser shall have delivered to the Company the Closing Purchase Price in accordance with Section 1.2(c).
Payment of the Closing Purchase Price. On the Closing Date:
(a) Buyer will pay to Bank of the West or other financial institution mutually agreeable to the parties (the "ESCROW AGENT") by wire transfer of immediately available funds an amount to be agreed upon by the parties, with instructions to retain, apply and dispose of these funds in accordance with the time of the Escrow Agreement among Buyer, Seller and Escrow Agent, in the form of EXHIBIT F to this Agreement in order to provide for the payment of certain potential liabilities of the Selling Parties to Buyer under this Agreement, including without limitation those listed on SCHEDULE 2.3.
(b) Buyer will pay to Seller the remaining Base Purchase Price, after deducting the amount remitted to the Escrow Agent in accordance with subparagraph (a) above, without adjustment by the Adjustment to Base Purchase Price, payable by wire transfer of immediately available funds to such account as Seller shall designate. If the Closing Purchase Price exceeds the Base Purchase Price, Buyer shall pay such excess by delivery to Seller of a certified or bank cashier's check or wire transfer of immediately available funds, in the amount of such excess within thirty (30) days after Buyer receives the Closing Balance Sheet, in accordance with Section 2.5, or, if there is a dispute over the amount of the Closing Purchase Price, the date upon which such dispute is revolved pursuant to Section 2.5. If the Base Purchase Price exceeds the Closing Purchase Price, Seller shall pay such excess by delivery to Buyer of a certified or bank cashier's check or wire transfer of immediately available funds, in the amount of such excess within thirty (30) days after Buyer receives the Closing Balance Sheet, or, if there is a dispute over the amount of the Closing Purchase Price, the date upon which such dispute is revolved pursuant to Section 2.5.
Payment of the Closing Purchase Price. Not later than five (5) Business Days prior to the Closing, Seller shall deliver to Buyer a statement (the "Preliminary Statement") setting forth in reasonable detail Seller's good faith estimate of the Closing Inventory Amount and the
Payment of the Closing Purchase Price. The Closing Purchase Price shall be paid by the Purchaser and satisfied at the time of Closing on the Closing Date by certified cheque or bank draft payable as directed by the Vendor, in writing, at least two business days prior to the Closing Date.
Payment of the Closing Purchase Price. Subject to the terms and conditions hereof, in consideration for the sale of the Purchased Assets by Seller, Purchaser shall on the Closing Date:
(a) assume the Assumed Liabilities; and
(b) pay to Seller in cash, by electronic transfer to an account of Seller as provided in writing to Purchaser at least three Business Days prior to the Closing Date, the amount of Four Million Seven Hundred Seventy Thousand Dollars ($4,770,000) (the "Closing Purchase Price"); (the assumption of the Assumed Liabilities together with the Closing Purchase Price and the Holdback Amount shall be referred to herein as the "Purchase Price"). The Purchase Price is subject to adjustment pursuant to Sections 3.2 and 3.3.
Payment of the Closing Purchase Price. On the Closing Date: (a) Buyer will pay to Bank of the West or other financial institution mutually agreeable to the parties (the "Escrow Agent") by wire transfer of immediately available funds an amount to be agreed upon by the parties, with instructions to retain, apply and dispose of these funds in accordance with the time of the Escrow Agreement among Buyer, Seller and Escrow Agent, in the form of Exhibit F to this Agreement in order to provide for the payment of certain potential liabilities of the Selling Parties to Buyer under this Agreement, including without limitation those listed on SCHEDULE 2.3.
(b) Buyer will pay to Seller the remaining Base Purchase Price, after deducting the amount remitted to the Escrow Agent in accordance with subparagraph (a) above, without adjustment by the
Payment of the Closing Purchase Price. At the Closing, upon the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay, or cause to be paid, the Closing Purchase Price to the Seller by wire transfer of immediately available funds to an account designated by the Seller.
