Common use of Purchase Price; Advance; and Specified Amount Clause in Contracts

Purchase Price; Advance; and Specified Amount. We will pay you the Purchase Price minus Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remain undelivered as of the Effective Date in [$topUpAmt2] the amount of $0.00 (“Outstanding Amount”) for all of your right, title, and interest in and to the Specified Amount of Future Receivables. The amount we pay you is referred to as the “Advance” (the Advance equals the Purchase Price minus the Outstanding Amount). If, after the Effective Date but before we fund the Advance under this Agreement, you make payments on Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remained undelivered as of the Effective Date, those payments will be deemed a partial payment of the Specified Amount under this Agreement.

Appears in 2 contracts

Samples: Revenue Share Agreement, Revenue Share Agreement

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Purchase Price; Advance; and Specified Amount. We will pay you the Purchase Price minus Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remain undelivered as of the Effective Date in [$topUpAmt2] the amount of $0.00 445304.43 (“Outstanding Amount”) for all of your right, title, title and interest in and or to the Specified Amount of Future Receivables. The amount we pay you is referred to as the “Advance” (the Advance equals the Purchase Price minus the Outstanding Amount). If, after the Effective Date but before we fund the Advance under this Agreement, you make payments on Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remained undelivered as of the Effective Date, those payments will be deemed a partial payment of the Specified Amount under this Agreement.

Appears in 1 contract

Samples: Revenue Share Agreement (Kidpik Corp.)

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Purchase Price; Advance; and Specified Amount. We will pay you the Purchase Price minus Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remain undelivered as of the Effective Date in [$topUpAmt2] the amount of $0.00 67167.29 (“Outstanding Amount”) for all of your right, title, and interest in and to the Specified Amount of Future Receivables. The amount we pay you is referred to as the “Advance” (the Advance equals the Purchase Price minus the Outstanding Amount). If, after the Effective Date but before we fund the Advance under this Agreement, you make payments on Future Receivables that we purchased from you under the Existing Terminating Revenue Share Agreement and that remained undelivered as of the Effective Date, those payments will be deemed a partial payment of the Specified Amount under this Agreement.

Appears in 1 contract

Samples: Revenue Share Agreement

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