Payments Due at Closing Sample Clauses

Payments Due at Closing. The Company shall pay the out-of-pocket expenses of the Bank incurred in connection with the closing, including, without limitation, legal fees and lien search expenses.
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Payments Due at Closing. As a condition of the Seller's delivery of the Deed for the Home, at the closing the Buyer must pay the balance of the total purchase price. The Buyer and Seller will also apportion certain expenses arising out of ownership of the Home. The Buyer and Seller will also have certain expenses connected with the closing, which they each must pay.
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Payments Due at Closing. Subject to the terms and conditions of this Agreement, at the Closing, Buyer shall (i) pay to Seller Two Million Dollars ($2,000,000) in cash by wire transfer of immediately available U.S. funds in accordance with the wire transfer instructions delivered to Buyer in writing at least two (2) Business Days prior to the Closing and (ii) by delivering to Seller a duly executed copy of the VTB Note with a principal amount equal to the Closing Payment, as may be adjusted pursuant to Section 2.3, minus the amount paid in cash pursuant to Section 2.2(i).
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Payments Due at Closing. At closing, Buyer will reserve for Seller the following amounts, in shares of Common Stock of Segmentz, Inc.: x $100 to be applied toward the amount listed in paragraph 4. x $99,900 in shares of Common Stock of the Buyer reserved for issuance, tendered pursuant to provision 8 herein, to be applied toward the amount listed in paragraph 4.
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Payments Due at Closing. Upon execution hereof, Borrower shall pay to Lender (i) Five Million and No/100 Dollars ($5,000,000.00), in reduction of the current outstanding principal amount of the Note, which amount is sufficient to reduce the outstanding principal amount of the Note to Five Million and No/100 Dollars ($5,000,000.00) and (ii) all unpaid interest that has accrued under the Loan as of December 28, 2006.
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Payments Due at Closing. The Approved High Bidder shall pay any remaining balance of the Bid at Closing in the form of a money order, certified funds, or cashier's check made payable to: THE U.S.
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Payments Due at Closing. As a condition of the Seller’s delivery of the Deed for the Unit, at the closing the Buyer must pay the balance of the Total Purchase Price, and any payments due as a result of the Seller’s consent to the Buyer’s request for a postponement of the scheduled closing date, as contemplated by Paragraph 8 of this Agreement. Payment for any options and extras ordered by Buyer, if any, is due in full in cash when ordered. The Buyer and Seller will also apportion certain expenses arising out of ownership of the Unit. The Buyer and Seller will also have certain expenses connected with the closing which they each must pay, as described in Subparagraph 9(BB of this Agreement.
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Payments Due at Closing. 1.2(a) Subject to the terms and conditions of this Agreement, at the Closing, NRC shall pay to each person listed on Schedule 1.2(a) attached hereto such amount set forth opposite such person’s name on Schedule 1.2(a) (the aggregate of all such amounts, the “Debt Payoff Amount”) by wire transfer of immediately available funds in accordance with the wire transfer instructions set forth on Schedule 1.2(a). At or prior to the Closing, Company shall deliver to NRC a payoff letter, effective as of the Closing, from each person listed on Schedule 1.2.(a). 1.2(b) Subject to the terms and conditions of this Agreement, at the Closing, NRC shall pay to Company the Option Payment Amount (defined below) by wire transfer of immediately available funds in accordance with the wire transfer instructions set forth on Schedule 1.1. At or promptly following the Closing, NRC shall cause Company to pay to each of the persons set forth on Schedule 1.1 attached hereto the amount set forth opposite such person’s name under the column titled “Cash Out Amount” on such schedule (the aggregate of all such amounts, the “Option Payment Amount”), less any applicable withholding taxes. 1.2(c) Subject to the terms and conditions of this Agreement, at the Closing, NRC shall pay to each person listed on Schedule 1.2(c) attached hereto such amount set forth opposite such person’s name on Schedule 1.2(c) (the aggregate of all such amounts, the “Company Transaction Expenses”) by wire transfer of immediately available funds in accordance with the wire transfer instructions set forth on Schedule 1.2(c). 1.2(d) Subject to the terms and conditions of this Agreement, at the Closing, NRC shall pay to each Shareholder and each Warrantholder the amount set forth opposite such Shareholder’s and Warrantholder’s name on Schedule 1.1 hereto under the column titled “Closing Payment” by check or wire transfer of immediately available funds in accordance with the instructions set forth on Schedule 1.1.
Sample 1
Payments Due at Closing. Buyer agrees to pay at the Closing an aggregate of Eight Million Forty- Nine Thousand Eight Hundred Ninety-Two Dollars ($8,049,892) (the "Purchase Price"), to be paid to Seller in cash by wire transfer in immediately available funds to the bank account designated by Seller.
Sample 1

Related to Payments Due at Closing

  • Payments at Closing Upon the terms and subject to the conditions set forth in this Agreement, Parent will deliver or cause to be delivered on the Closing Date and at the Closing: 3.4.1. to the lenders (or the applicable agents therefor), by wire transfer of immediately available funds to the bank accounts designated by the Company in the Closing Statement (or bank accounts designated in any applicable payoff letters with respect to such Debt), an amount necessary to repay, on behalf of the Company, in full the outstanding amount of Debt of the Company and certain of the Company Subsidiaries pursuant to the Term Credit Agreement and Revolving Credit Agreement; 3.4.2. to the Escrow Agent, by wire transfer of immediately available funds to a bank account that has been designated in writing by the Escrow Agent at least one Business Day prior to the Closing Date, the Adjustment Escrow Amount, to be held by the Escrow Agent under the Escrow Agreement pursuant to the terms and conditions thereof; 3.4.3. to the Persons to whom such amounts are payable, by wire transfer of immediately available funds to bank accounts that have been designated in writing by the Company to Parent at least one Business Day prior to the Closing Date (or bank accounts designated in any applicable invoices with respect thereto), the amounts necessary to pay all Transaction Expenses not paid prior to the Closing Date (provided that the amount of any transaction bonus or similar payments to any employees of the Company or any Company Subsidiary shall be paid to an account of the Company designated in writing by the Company to Parent at least one Business Day prior to the Closing Date and paid to the applicable employees, in each case, subject to Section 3.9; through the Company’s payroll system in a distribution to occur on the Closing Date or as soon as practicable thereafter); 3.4.4. to the Representative, by wire transfer of immediately available funds to an account of the Representative designated by the Representative to Parent at least one Business Day prior to the Closing Date, an amount specified by the Representative to Parent as the initial funding of the Representative Expense Fund; 3.4.5. to Blocker Seller, by wire transfer of immediately available funds to a bank account of Blocker Seller that has been designated in writing to Parent by Blocker Seller at least one Business Day prior to the Closing Date, the amounts payable to Blocker Seller at the Closing under Sections 2.1(a) and 2.1(b) and, in each case, subject to Section 3.9; 3.4.6. to each of the Company Members other than Blocker, by wire transfer of immediately available funds to bank accounts thereof that have been designated in writing to Parent by the Company at least one Business Day prior to the Closing Date, the amounts payable to such Company Members at Closing pursuant to Section 3.1.1(a) and, in each case, subject to Section 3.9; and 3.4.7. to the Company, by wire transfer of immediately available funds to a bank account of the Company designated in writing to Parent by the Company at least one Business Day prior to the Closing Date, the amounts payable to the Company Optionholders in connection with the Closing pursuant to Section 3.2(b)(i) (for further distribution to each of the Company Optionholders, subject to Section 3.9, through the Company’s payroll system in a distribution to occur on the Closing Date or as soon as reasonably practicable thereafter).

  • Payment at Closing The Borrower shall have paid (A) to the Administrative Agent, the Arranger and the Lenders the fees set forth or referenced in Section 5.3 and any other accrued and unpaid fees or commissions due hereunder, (B) all fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to or on the Closing Date, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • Cash at Closing At Closing, Purchaser shall pay to Seller, by wire transferred current federal funds, an amount equal to the Purchase Price, minus the sum of the Xxxxxxx Money which Seller receives at Closing from the Escrowee, and plus or minus, as the case may require, the closing prorations and adjustments to be made pursuant to Section 4(C) below.

  • Funds at Closing Buyer and Seller agree that before the recording can take place, funds provided shall be in one (1) of the following forms: cash, interbank electronic transfer, money order, certified check or cashier’s check drawn on a financial institution located in the State, or any above combination that permits the Seller to convert the deposit to cash no later than the next business day.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

  • Our Right to Make Payments and Recover Overpayments If payments which should have been made by us according to this provision have actually been made by another organization, we have the right to pay those organizations the amounts we decide are necessary to satisfy the rules of this provision. These amounts are considered benefits provided under this plan and we will not have to pay those amounts again. If we make payments for allowable expenses, which are more than the maximum amount needed to satisfy the conditions of this provision, we have the right to recover the excess amounts from: • the person to or for whom the payments were made; • any other insurers; and/or • any other organizations (as we decide). As the subscriber, you agree to pay back any excess amount paid, provide information and assistance, or do whatever is necessary to aid in the recovery of this excess amount. The amount of payments made includes the reasonable cash value of any

  • Disbursements from the Escrow Account a. At such time as Escrow Agent has collected and deposited instruments of payment in the total amount of the Advance and has received such Common Stock via D.W.A.C from the Company which are to be issued to the Investor pursuant to the Standby Equity Distribution Agreement, the Escrow Agent shall notify the Company and the Investor. The Escrow Agent will continue to hold such funds until the Investor and Company execute and deliver a Joint Written Direction directing the Escrow Agent to disburse the Escrow Funds pursuant to Joint Written Direction at which time the Escrow Agent shall wire the Escrow Funds to the Company. In disbursing such funds, Escrow Agent is authorized to rely upon such Joint Written Direction from Company and may accept any signatory from the Company listed on the signature page to this Agreement and any signature from the Investor that Escrow Agent already has on file. Simultaneous with delivery of the executed Joint Written Direction to the Escrow Agent the Investor and Company shall execute and deliver a Common Stock Joint Written Direction to the Escrow Agent directing the Escrow Agent to release via D.W.A.C to the Investor the shares of the Company's Common Stock. In releasing such shares of Common Stock the Escrow Agent is authorized to rely upon such Common Stock Joint Written Direction from Company and may accept any signatory from the Company listed on the signature page to this Agreement and any signature from the Escrow Agent has on file. In the event the Escrow Agent does not receive the amount of the Advance from the Investor or the shares of Common Stock to be purchased by the Investor from the Company, the Escrow Agent shall notify the Company and the Investor.

  • Accounts Disbursements and Releases Section 7.01.

  • Disbursements Payments and Costs 5.1 Request for Credit. Each request for an advance under the Line of Credit will be made by a disbursement request in a form acceptable to Bank executed by an Authorized Officer, or by any other means acceptable to Bank.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000. This does not apply to transactions occurring outside the United States.

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