Payment on Closing. On closing of the Option, TOGI shall pay the Purchase Price to Owner, in cash or by wire transfer to an account designated by Owner.
Payment on Closing. 6.3.1 On Closing the Purchaser shall pay (for itself and on behalf of each relevant member of the Purchaser’s Group) to a Seller (if such amount is positive) or that Seller (for itself and on behalf of each other relevant member of that Seller’s Group) shall pay to the Purchaser (if such amount is negative), in each case, in accordance with Clause 15.7, an amount in cleared funds, to that Seller or the Purchaser (as the case may be) to that Seller’s Bank Account or the Purchaser’s Bank Account (as the case may be), which is equal to the sum of the following, in respect of that Seller:
(i) the Estimated Target Group Companies’ Cash Balances and the Estimated Intra-Group Non-Trade Receivables; minus
(ii) the Estimated Third Party Indebtedness; minus
(iii) the Estimated Intra-Group Non-Trade Payables; minus
(iv) any Estimated Employee Benefit Adjustment; minus
(v) the Estimated Tax Adjustment; and plus (if it is zero or a positive amount) or minus (if it is a negative amount)
(vi) the Estimated Working Capital Adjustment.
6.3.2 The amounts payable in accordance with Clause 6.3.1 shall, in each case, include all such amounts payable in respect of the Delayed Businesses and the Alliance Market Businesses.
6.3.3 On Closing each Seller shall pay to the Purchaser an amount equal to its Cash Portion in cleared funds to the Purchaser’s Bank Account. In the event that the amount set out in Clause 6.3.1 is a positive amount in respect of any Seller, that Seller and the Purchaser may (but shall not be obliged to) agree to net off any or all of the amount owed by the Purchaser to that Seller under Clause 6.3.1 against any or all of the Cash Portion owned by that Seller to the Purchaser under this Clause 6.
Payment on Closing. At the Closing on the Closing Date, Buyer ------------------ shall pay Sellers an amount equal to the Cash Consideration, by wire transfer of immediately available funds or other form of agreed upon payment in the amounts set forth on Exhibit A hereto. ---------
Payment on Closing. On Closing, the Purchaser shall pay the Purchase Price in accordance with Clause 3.1.3.
Payment on Closing. 5 2.3 Closing Date Deliveries..................................... 6 2.4
Payment on Closing. The subscription cheques received together with interest earned thereon, if any, shall be delivered and paid by the General Partner to the Partnership on Closing.
Payment on Closing. On Closing, the Purchaser shall pay to the Seller, an amount in cash in immediately cleared funds in Pounds Sterling which is equal to:
(i) the Bid Amount;
(ii) the Estimated Cash and the Estimated Intra-Group Financing Receivables;
(iii) the Estimated Third Party Indebtedness and the Estimated Intra-Group Financing Payables;
(iv) the Estimated Working Capital Adjustment;
(v) the amount of the Deferred Consideration.
Payment on Closing. 6.3.1 On Closing the Relevant Purchasers shall pay an amount in cash to the Seller which is equal to the aggregate of:
(i) the Purchase Price; minus
(ii) the Deferred Amount; minus
(iii) all amounts, including accrued interest, payable or repayable to the Purchaser under Facility A of the Facility Agreement (as defined therein) at the Closing Date.
6.3.2 The Deferred Amount shall be paid (if applicable) by the Purchasers to the Seller in accordance with Clause 6.8.
