Purchase Consideration - General Sample Clauses
Purchase Consideration - General. The consideration from Purchaser to Seller (or, in the case of Section 1.2.1(c) below, Seller, Mack, Waters, Rowan and Marco Herrera ("Herrera")) for the Assets shall consist of the followi▇▇ (▇▇▇ "▇▇▇▇has▇ ▇▇▇▇▇deration"):
(a) a wire transfer of an amount equal to the Cash Consideration, payable in immediately available funds to Seller in such bank account as is designated by Seller in writing to Purchaser at least 24 hours prior to the Closing;
(b) the issuance of the following number of duly authorized, fully paid and non-assessable shares of Purchaser's $.10 par value common stock ("Shares") to Camco or Camco's designee, to be delivered to Escrow Agent to be held and disposed of pursuant to the Escrow Agreement: the number of Shares shall be determined by dividing $15,000,000 by the Trading Value; and
(c) wire transfers to each of Seller, Mack, Waters, Rowan and Herrera of the respective amounts set forth in Paragraph 18 of the Non-▇▇▇▇▇▇ition Agreement (the "Non-Competition Consideration"), in immediately available funds.
Purchase Consideration - General. The consideration from Purchaser to Seller for the Assets shall consist of the following (the “Purchase Consideration”):
(a) a wire transfer of an amount equal to the Cash Consideration, payable in immediately available funds to Seller in such bank account as is designated by Seller in writing to Purchaser at least 24 hours prior to the Closing;
(b) the issuance to Seller of that number of shares of Cash America International, Inc.’s $.10 par value common stock (“Shares”) determined by dividing $12,500,000 by the Fair Market Value. Notwithstanding the foregoing, Purchaser, in its sole discretion, may increase the amount of Cash Consideration payable at Closing with a corresponding reduction in the number of Shares to be issued to Seller (for purposes of illustration only, Purchaser may increase the Cash Consideration by $5,000,000 and the number of Shares to be issued to Seller would be determined by dividing $7,500,000 by the Fair Market Value).