Payments by the Purchaser. (a) On any Payment Date, the Purchaser shall pay in accordance with the terms of this Agreement: (i) all accrued but unpaid interest on the Notes and (ii) any principal payments due with respect to the Notes, if any.
Payments by the Purchaser. In the event that the transactions contemplated by this Agreement are not consummated by the Purchaser, the Purchaser shall pay to Chiron the sum of $15 million in cash as a termination fee, unless the reason the transactions have not been consummated is based on any of the following: (i) a termination of this Agreement by Chiron under Section 8.1.3 or 8.1.4 or because of a failure of the condition set forth in Section 7.3.3 or (ii) a termination by the Purchaser either under Section 8.1.7 or 8.1.9, or because of a failure of the condition set forth in Section 7.2.3.
Payments by the Purchaser. Time for payment of any or all amounts by the Purchaser shall be the essence of this agreement. 1st Schedule Part-I (Said Premises) ALL THAT the piece and parcel of land measuring an area of 9 (Nine) Cottahs,2 (Two)Chittaks 38 (Thirty Eight) Square Feet be the same a little more or less which includes the common passage for free egress and ingress for laying drain pipes, filtered and unfiltered water pipes and electric cable underneath the said common passage being Plot No.76 of the Surplus land in Calcutta Improvement Scheme No. XV(C) formed out of portion of old premises no. 00, Xxxxxxxx Xxxx being part of Holding No.3 Sub Division K, Division V, Dihi Panchanna Gram, District 24 Parganas Police Station - Gariahat, Kolkata - 700019, Sub-Registry Office at Sealdah together with two storied building standing thereon lying situate at and being Premises Nos. 3B/1A, 3E/ 1A, .3A, 3B, 3C, 3D, 3E, and 3F, Ekdalia Road now known as X.X. Xxxxxx Sarani, Kolkata – 700019 and bounded as follows:- On the North – By public road (50 feet wide) X.X. Xxxxxx Sarani On the South – By rest portion of 3A & 3F X.X. Xxxxxx Sarani presently premises Xx 00 Xxxx Xxx Xxxxxx (Gariahat Road) On the East – By premises Xx.0, X.X. Xxxxxx Sarani On the West – By premises No.1, X.X. Xxxxxx Sarani OR HOWSOEVER OTHERWISE the same are is was or were heretofore butted bounded called known numbered described or distinguished. Part-II (Devolution Of Title)
Payments by the Purchaser. (a) On any Payment Date, the Purchaser shall pay in accordance with the terms of this Agreement: (i) all accrued but unpaid interest on the Kennett Notes and (ii) any principal payments due with respect to the Kennett Notes, if any.
Payments by the Purchaser. (i) In making the payment contemplated by Section 1(c) of this Agreement, subject to the satisfaction or waiver of the applicable conditions, at the Initial Closing, immediately prior to the transfer of the Initial Transaction Shares, the Purchaser shall pay or cause to be paid, against the delivery of such Transaction Shares, the Initial Purchase Price by wire transfer of immediately available funds to an account designated by the Seller at least one business day prior to the Initial Closing (it being understood that the Purchaser will complete the payment to such account, and Seller will have received confirmation of such payment, immediately prior to the transfer to the Purchaser of the Initial Transaction Shares and the receipt of such evidence of book-entry notations reflecting the purchase of the Initial Transaction Shares hereunder).
Payments by the Purchaser. (a) At the Closing, the Purchaser shall:
Payments by the Purchaser. If the Final Closing Consideration calculated pursuant to Section 2.5(b)(v) is greater than the Estimated Closing Consideration, the (i) Purchaser shall, within two (2) Business Days after determination of the Final Closing Consideration, deliver to the Representative cash in the amount of such excess (after deducting the aggregate amount of any fees, costs and expenses of the Settlement Arbitrator that are payable by the Sellers pursuant to Section 2.5(b) above; provided, that the Purchaser shall concurrently pay the full amount owed to the Settlement Arbitrator), and (ii) the Purchaser and the Representative shall, within two (2) Business Days after the determination of the Final Closing Consideration, jointly instruct the Escrow Agent in writing to release to the Representative the entire balance of the Adjustment Escrow Account (to the account designated by the Representative in the Escrow Agreement).
Payments by the Purchaser. (i) The Purchaser shall pay or deliver, as applicable, the Closing Consideration to the Sellers by issuing the Purchaser Shares and paying the cash to Sellers in accordance with a consideration schedule in the form attached hereto as Schedule 2.2(b), which shall be delivered to the Purchaser by the Company and the Representative prior to the Closing (the “Consideration Schedule”). The Consideration Schedule shall include each of the following: (A) the calculation of the Closing Consideration pursuant to this Section 2.2; and the portion thereof that is payable in Purchaser Common Stock and cash; (B) the Allocation Percentage of each Seller; (C) the Equity Consideration to be paid by the Purchaser to each Seller for such Seller’s Shares being sold hereunder; and (D) the calculation of the Option Cancellation Amount for each holder of an In the Money Subject Stock Option pursuant to Section 2.5.
Payments by the Purchaser. At the Closing, the Purchaser shall pay the following amounts, with each payment to be made by wire transfer of immediately available funds unless otherwise designated in writing by the payee thereof:
Payments by the Purchaser. Restriction on payments other than on Monthly Settlement Dates
