Payments on Closing. (a) No later than five (5) business days prior to the Closing Date, FSI and Metron shall agree on an estimate of the aggregate Purchase Price (the “Estimated Purchase Price”) equal to (i) the Premium, (ii) an estimate of the Inventory and Equipment Payments (based on the most recent Products and Spare Parts Inventory Listing and the Demonstration Equipment Listing delivered by Metron in accordance with Sections 3.1(b) and 3.1(c) and subject to application of the limitations on FSI inventory repurchase obligations in Section 3.3), (iii) an estimate of any value added taxes assessable on the Product Inventory, Spare Parts Inventory and Demonstration Equipment, to the extent required by law, (iv) an estimate of the Transferred Employee Tools and Equipment Purchase Price, (v) an estimate of the System Start-Up Compensation (based on the most recent System Start-Up Listing delivered by Metron in accordance with Section 4.2(b) and the parties’ good faith estimate of Closing Date System Start-Ups and related percentage completion), (vi) an estimate of the Service/Applications Support Compensation (based on the most recent Service/Applications Support Contract Listing delivered by Metron in accordance with Section 4.4(b)), and (vii) an estimate of the Warranty Compensation (based on the most recent Warranty Listing delivered by Metron in accordance with Section 4.5(c)). Each such Listing, and each such estimate, shall be separately identified for each Metron Selling Affiliate listed in Exhibit A.
Payments on Closing. (a) The Purchase Price (as adjusted by the Estimated Net Working Capital Adjustment Amount and the Estimated Mexican Net Debt) shall be paid by the Purchaser on the Closing Date by wire transfer of same day funds to an account or accounts and in such amounts as designated by the Sellers. The Purchaser shall cause the appropriate Mexican Subsidiaries to pay on the Closing Date the Estimated Mexican Net Debt by wire transfer of same day funds to an account or accounts of the applicable financial institutions and in such amounts as designated by Rhodia.
Payments on Closing. At the Closing on the Closing Date, Buyer shall, in consideration for good and marketable title to the Company Shares, free and clear of all Liens, charges, encumbrances and restrictions of any kind (other than those imposed pursuant to the terms of this Agreement), issue Seventeen Million Shares of the restricted Buyer Common Stock to Sellers on a pro rata basis of their holdings of Company Stock. The exact breakdown on the 17,000,000 shares is attached as Schedule 3.4 to this Agreement.
Payments on Closing. 4.3.4 On Closing, the Purchaser shall:
Payments on Closing. At the Closing, in consideration for the OneBeacon Subsidiaries' and OneBeacon's transfer to Liberty of the Transferred Assets, Liberty shall pay the Purchase Price by wire transfer of immediately available funds in U.S. dollars to such account or accounts of OneBeacon as OneBeacon shall designate in writing at least two (2) Business Days prior to the Closing Date.
Payments on Closing. 8 Section 2.04. Place and Date of Closing............................ 10 Section 2.05. Transactions to be Effected at the Closing........... 10
Payments on Closing. (a) Not later than the fifth Business Day prior to the Closing Date, Seller shall deliver to Purchaser (i) an amended Schedule 1.01(b) to reflect a list of Insurance Contracts that were Excluded Contracts as of the Effective Date but which became Resolved Contracts prior to the Closing Date, (ii) a list of individual disability insurance contracts that were inadvertently not included in Schedule 1.01(b), and (iii) a calculation of the Preliminary Cash Payment Amount, prepared by Seller in good faith as of the date of its calculation; provided, that the Preliminary Cash Payment Amount shall include all Statutory Reserves related to contracts described in Section 2.03(a)(i) as of the date that each such contract became a Resolved Contract and shall include all Statutory Reserves as of September 30, 2000 related to contracts described in Section 2.03(a)(ii) above.
Payments on Closing. (a) On the Closing Date, Purchaser shall procure that the Company pays an aggregate amount of $33,735 to the individuals or entities, and in the amounts, set forth in Part I of Exhibit D, by wire transfer of immediately available funds, which shall satisfy the Closing Financial Debt;
Payments on Closing. 18 2.03. Place and Date of Closing........................ 21 2.04. Transactions to be Effected at the Closing....... 21 2.05. Nonassignability of Assets....................... 22 2.06. Cessation of Writings; Renewal Rights, Etc....... 22 2.07. No Assumption of Liabilities by Purchaser........ 23
