Payment of the Total Purchase Price. Buyer has deposited or caused to be deposited into escrow, in immediately available funds, all amounts which are to be paid to Seller, Escrow Holder and/or third parties in connection with the purchase of the Property (including, but not limited to, all of Buyer’s deposits, the Loan Amount indicated in the Recitals above, if applicable, and Buyer’s costs, prepaid expenses and impounds, if any).
Payment of the Total Purchase Price. 3.1 BXXXXXX’s BANK ACCOUNT info: Company Name: Bitmain Technologies Delaware Limited Company Address: 800 Xxx Xxxxxx Xxxxxx, Suite 201, Dover, Delaware, DE 19904 Account Number: *** Currency: USD Beneficiary Bank: *** Beneficiary Bank ABA: *** Beneficiary Bank Address: *** Receiving Bank: *** Receiving Bank SWIFT Code: *** Receiving Bank Address: *** Beneficiary Bank: *** Beneficiary Bank ABA: *** Beneficiary Bank Address: ***
3.2 The payment shall be arranged by the Purchaser as Appendix B.
3.3 Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser under this Agreement shall be denominated and paid by the Purchaser in US Dollars (US$). In the event that the Parties agree that the Purchaser may make payment under this Agreement in Digital Currency, unless otherwise explicitly specified herein, the amount of the Digital Currency payable by the Purchaser, if converted in US$ using the spot rate at the time of such payment (the “Return Spot Rate”), shall be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of such Digital Currency shall be determined by BITMAIN. Unless otherwise agreed by BITMAIN, where the Parties agree that the Purchaser may make payment under this Agreement in Digital Currency, the designated Digital Currency shall be USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate. Down Payment 10% 10% of the Total Purchase Price of all batches of Products hereunder has been paid by the Purchaser through its affiliate, Cipher Mining Technologies Inc. (“CMTI”) on December 12, 2023 as “Exxxxxx Money” for the Products, pursuant to the Letter of Intent for Bulk Purchase entered by and between BITMAIN DEVELOPMENT PTE. LTD. (“BITMAIN DEVELOPMENT”) and CMTI, executed by CMTI on December 8, 2023 and by BITMAIN DEVELOPMENT on December 12, 2023. Interim Payment 40% 40% of the Total Purchase Price of each batch of Products shall be paid at least one hundred and eighty (180) days prior to the first day of the Shipping Period of such batch of Products Balance Payment 50% 50% of the Total Purchase Price of each batch of Products shall be paid at least seven (7) days prior to the first day of the Shipping Period of such batch of Products
Payment of the Total Purchase Price. The total Purchase Price shall be payable as follows:
Payment of the Total Purchase Price. The Total Purchase Price shall become due and payable by the Purchaser to the Seller on the Scheduled Closing Date in accordance with Section 8.2(b).
Payment of the Total Purchase Price. 2.1 The payment shall be arranged by the Purchaser as Appendix B, and paid in accordance with the wire instructions and bank information that Crypt specifies in its invoices issued to the Purchaser.
2.2 Without prejudice to any provisions hereof, the Total Purchase Price of the Products and any amount paid or payable by the Purchaser shall be denominated in US Dollars (US$). Where the Parties agree that the payments shall be made in cryptocurrencies, the exchange rate between the US Dollars and the cryptocurrency selected shall be determined by Crypt. Unless otherwise agreed by Crypt, the cryptocurrency selected shall be the USDT. The exchange rate between the US Dollars and the cryptocurrency shall be fixed according to this provision. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate.
Payment of the Total Purchase Price. 2.1. BANK ACCOUNT info of BITMAIN: [Redacted]
2.2. Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser under this Agreement shall be denominated and paid by the Purchaser in US Dollars (US$). Where the Parties agree that such payments shall be made in Digital Currency instead of US Dollars, the exchange rate between the US Dollars and the Digital Currency selected shall be determined by BITMAIN in its sole and absolute discretion. In the event that the Parties agree for the Purchaser to make payment under this Agreement in Digital Currency, Purchaser shall pay such amount of Digital Currency which, if converted into US$ using the spot rate at the time of such payment (the “Return Spot Rate”), would be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of any such Digital Currency shall be mutually agreed by the Parties in writing. Notwithstanding the above, BITMAIN shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property instead of US Dollars for payment for any amount payable by the Purchaser under this Agreement. Unless otherwise agreed by BXXXXXX, in the event that the Parties agree for the Purchaser to make payment in Digital Currency, the designated Digital Currency shall be the USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate.
Payment of the Total Purchase Price. Payment of the Total Purchase Price for the Acquired Shares and the Acquired Assets shall be made by BUYER on the Closing Date by depositing, by bank wire transfer in US Dollars, the amount of the Total Purchase Price in immediately available funds, into an account designated by SCHLUMBERGER for such purpose, which designation shall be made no later than three (3) business days before the Closing Date by SCHLUMBERGER, acting as agent for the Selling Subsidiaries.
Payment of the Total Purchase Price. The Total Purchase Price shall be payable and paid as follows:
(a) The Xxxxxxx Money Deposit $ shall be paid to Escrow Agent upon execution of this Agreement.
Payment of the Total Purchase Price. The Total Purchase Price shall be paid by the Purchaser to the Sellers on the following dates and by the following means:
(i) Payment of the Initial Consideration. The Initial Consideration shall be paid in cash, on the following dates:
a) On the date hereof 1,537,664,082 Pesetas, i.e. 9,241,547.26 Euros, are hereby paid to the Sellers by means of four nominative bank checks issued in favour of each of the Sellers in proportion to the Shares transferred by each of them, resulting in the following amounts: - [...***...] Euros in favour of Xx. Xxxxxx Xxxx Xxxxxxx Xxxxxxx. - [...***...] Euros in favour of Xx. Xxxx Xxxxx Escario Xxxxxxx. - [...***...] Euros in favour of Xx. Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxx. - [...***...] Euros in favour of Xx. Xxxx Xxxxxxx Xxxxxxx Xxxxxxx. All of the Sellers grant in favour of the Purchaser a formal receipt of payment for the aforementioned amount.
b) The remaining amount of the Initial Consideration, which shall be calculated as per Clauses 2.1 and 2.2 above, should the same be a positive amount, plus the interests defined in paragraph (ii) of sub-Clause 2.2, if applicable (the "REMAINING AMOUNT OF THE INITIAL CONSIDERATION"), shall be paid by the Purchaser to the Sellers on the Payment Date, which shall be: (i) March 31, 2002, should the Auditors have determined the amount by March 22, 2002 and there not be a Dispute; (ii) should the Auditors determine the amount after said date, the fifth calendar day after the Notification Date of the Auditors' calculation; and (iii) should there be a Dispute, the fifth calendar day after the Notification Date of the Expert's calculation of the Net Worth of SLI Group as of Completion Date and of the Earnings After Taxes of SLI Group for the year 2001. The Remaining Amount of the Initial Consideration shall be paid through bank transfer in immediately available funds to the Sellers, value that same date. Should the Remaining Amount of the Initial Consideration be a negative amount, the Sellers shall reimburse to the Purchaser said amount on the same period indicated in the preceding paragraph.
(i) nominal annual interests at a rate of 6 months EURIBOR plus 3% shall accrue daily over said amounts from the corresponding Payment Date until the day in which it is effectively paid to the said Party.
(ii) Payment of the following Tranches. Items indicated with "[...***...]" are subject to a Confidential Treatment Request The payment of the Second, Third, Fourth and Fifth Tranches shall be carried o...
Payment of the Total Purchase Price. (a) The CN Acquisition Price must be paid by the Purchaser to the Vendor at Completion in accordance with clauses 5.2(b)(i) and 5.2(c).
(b) The CN Additional Payment (if any) must be paid by the Purchaser as contemplated by the undertaking referred to in clause 5.2(b)(ii).
