Purchase Price and Closing Date Sample Clauses

Purchase Price and Closing Date. (a) The proposed purchase price payable for the Nadella Shares would be the French franc equivalent of U.S. $26,676,000, and the proposed purchase price payable for the Torrington France Shares will be the French franc equivalent of U.S. $3,459,000.
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Purchase Price and Closing Date. A. The purchase price of the Property shall be Sixteen Million Dollars ($16,000,000) (the “Purchase Price”).
Sample 1
Purchase Price and Closing Date. The purchase price for the Assets shall be one million five hundred eighty eight thousand forty four dollars and no cents ($1,588,044.00). The purchase price shall be payable, at BUYER's option, entirely in cash at closing; or by a combination of cash and BUYER's common stock, as follows: one million forty thousand nine hundred sixty four dollars and no cents ($1,040,964.00) in cash at closing and three hundred forty one thousand nine hundred twenty five (341,925) shares of BUYER's common stock valued at $1.60 per share. PROVIDED HOWEVER, notwithstanding the foregoing, all of BUYER's obligations under this Agreement are contingent upon the approval of the issuance of additional shares of BUYER's common stock at its annual shareholder's meeting to be held on January 25, 2000. Should such authorization not be received, BUYER, at its option, may elect to pay the entire purchase price in cash at closing. The sale shall be completed at the offices of the attorneys for BUYER or a place to be mutually agreed upon by BUYER and SELLER, on or before thirty (30) days from the date of the execution of this agreement by both BUYER and SELLER (the "Closing Date"). At the closing, SELLER shall deliver to BUYER a fully executed assignment and conveyance in the form attached hereto as Exhibit "F." The purchase price, or cash portion of the purchase price, as the case may be, shall be paid to SELLER by cashier's check or wire transfer, at BUYER's option, as of the Closing Date.
Sample 1
Purchase Price and Closing Date. The purchase price for the Assets shall be one million five hundred thousand dollars and no cents ($1,500,000.00). The purchase price shall be payable, at BUYER's option: entirely in cash at closing; or by a combination of cash and BUYER's common stock, as follows: nine hundred thousand dollars and no cents ($900,00.00) in cash at closing and three hundred seventy-five thousand (375,000) shares of BUYER's common stock valued at $1.60 per share. The sale shall be completed at the offices of the attorneys for BUYER or a place to be mutually agreed upon by BUYER and SELLER, on or before thirty (30) days from the date of the execution of this agreement by both BUYER and SELLER (the "Closing Date"). At the closing, SELLER shall deliver to BUYER a fully executed assignment and conveyance in the form attached hereto as Exhibit "G." The purchase price, or cash portion of the purchase price, as the case may be, shall be paid to SELLER by cashier's check or wire transfer, at BUYER's option, as of the Closing Date.
Sample 1
Purchase Price and Closing Date. The purchase price for the Assets shall be one million fifty thousand dollars and no cents ($1,050,000) payable entirely with 300,000 shares of BUYER'S common stock, which shall have an agreed value of $3.50 per share for purposes of this Agreement. The sale shall be completed as mutually agreed upon by BUYER and SELLER on or before thirty (30) days from the date of the execution of this agreement by both BUYER and SELLER (the "Closing Date"). At the closing, SELLER shall deliver to BUYER a fully executed assignment and conveyance in the form attached hereto as Exhibit "F." The purchase price shall be paid to SELLER with a stock certificate representing 300,000 shares of BUYER's common stock as of the Closing Date, without regard to any increase or decrease in the market value of BUYER's common stock between the Effective Date and the Closing Date.
Sample 1
Purchase Price and Closing Date. The purchase price for the Assets shall be, in United States Dollars, FIVE MILLION TWO HUNDRED FIFTY THOUSAND AND NO CENTS (USD $5,250,000.00), paid as follows: (a) total cash consideration of United States Dollars FOUR MILLION EIGHT HUNDRED THOUSAND AND NO CENTS (USD $4,800,000.00); and (b) 250,000 unregistered shares of Tipperary Corporation stock, which for the purposes of this transaction shall be valued at USD $450,000.00 regardless of any change in the market price which may occur before Closing (as hereinafter defined). The sale shall be completed by BUYER and SELLER, simultaneously with the execution of this agreement, (the “Closing Date”) pursuant to the terms and conditions hereof. At the closing, SELLER shall deliver to BUYER a fully executed assignment and conveyance in the form attached hereto as Exhibit “E”. The purchase price shall be payable at closing in certified funds, or by wire transfer, at the option of BUYER.
Sample 1
Purchase Price and Closing Date. The purchase price for the Assets shall be TWO MILLION NINE HUNDRED TWENTY FIVE THOUSAND DOLLARS AND 00/100 ($2,925,000.00), plus an amount equal to all joint interest billings, pre-billings and cxxx xxxxs actuaxxx xxxx by Seller after the Effective Date, for work done or actually performed pursuant to the Operating Agreement on and after the Effective Date and before the Closing Date, less any revenues (if any) attributable to the interest conveyed by Seller to Buyer as of the Closing Date, whether or not actually received by Seller as of the Closing Date ("Purchase Price"), adjusted as set forth in the post-closing adjustment. The sale shall be completed at the offices of Hammett & Taylor, 4140 NatioxxXxxx Cenxxx, 000 Louisiana St. Houston, Texxx, 00000, xx xxxx xxxxx xxxxxxxx xx agreed by Buyer and Seller, on or before October 31, 1997 (the "Closing Date"). At the closing, Seller shall deliver to Buyer a fully executed assignment and conveyance in the form attached hereto as Exhibit "F." The purchase price, less forty thousand dollars ($40,000) previously paid by Buyer to Seller, the receipt of which is hereby acknowledged, shall be paid to Seller as follows: TWO MILLION DOLLARS AND 00/100 ($2,000,000.00) at closing and the execution and delivery to Seller of Buyer's promissory note in the original principal sum of EIGHT HUNDRED EIGHTY FIVE THOUSAND DOLLARS AND 00/100 ($885,000.00), payable in full on January 31, 1998, in the form attached hereto as Exhibit "G" (the "Note"). The Note shall be secured by a security agreement in the form attached hereto as "H" and Buyer shall execute the UCC-1 Financing Statements attached hereto as Exhibit "I." Amounts due Seller representing the joint interest billings, pre-billings and cxxx xxxxs as dxxxxxxxx above shall be determined and paid as part of the post-closing adjustment. Payment of funds at closing shall be wire transfer unless otherwise agreed by the parties. Notwithstanding the above, however, should the percentage of interest actually conveyed to Buyer be less than the percentage of interest set out in paragraph 2, above, the Purchase Price shall be proportionately reduced.
Sample 1
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Purchase Price and Closing Date. The “Purchase Price” for the Property shall be Five Hundred Thousand ($500,000.00), as adjusted in accordance with Section 2.2, the “Adjusted Purchase Price” to be paid on the Closing Date by wire transfer of immediately available funds paid concurrently with the execution of this Agreement (Exhibit “B” wiring instructions for Seller).
Sample 1

Related to Purchase Price and Closing Date

  • Purchase Price and Closing Subject to the terms and conditions hereof, the Company agrees to issue and sell to the Purchasers and, in consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Purchasers, severally but not jointly, agree to purchase the Units for an aggregate purchase price of up to $10,000,000 (the “Offering Amount”), at a per Unit purchase price of $4.00 per Unit (the “Purchase Price”). The closing of the purchase and sale of the Units to be acquired by the Purchasers from the Company under this Agreement shall take place at the offices of Xxxxxx & Jaclin, LLP, 000 Xxxxx 0 Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000 (the “Closing”). Subject to the terms and conditions set forth in this Agreement, the date and time of the Closing shall be the Closing Date (or such later date as is mutually agreed to by the Company and Newbridge Securities Corporation (the “Placement Agent”)), provided, that all of the conditions set forth in Article IV hereof and applicable to the Closing shall have been fulfilled or waived in accordance herewith (the “Closing Date”). Subject to the terms and conditions of this Agreement, at the Closing the Company shall deliver or cause to be delivered to each Purchaser (x) a certificate for the number of Preferred Shares set forth opposite the name of such Purchaser on Exhibit A hereto, (y) its Warrants to purchase such number of shares of Common Stock as is set forth opposite the name of such Purchaser on Exhibit A attached hereto and (z) any other documents required to be delivered pursuant to Article IV hereof. At the Closing, each Purchaser shall deliver its Purchase Price by wire transfer to the escrow account pursuant to the Escrow General Agreement (as hereafter defined).

  • Purchase Price Closing (a) The total amount which the buying party shall pay the selling party in a purchase shall be the amount that the selling party would have received if the Company (i) sold the Property for an amount equal to the Buy-Sell Stated Value, (ii) satisfied the indebtedness of the Company specifically referred to in subsection (b) below (and no other liabilities) out of the sale proceeds and (iii) distributed the remaining balance to Administrative Agent and PACOP in accordance with their respective percentage ownership interests in the Company (i.e., 51%, in the case of PACOP, and up to 49%, in the case of Administrative Agent).

  • Closing Purchase Price The Closing Purchase Price (the "Closing Purchase Price") shall be paid or delivered by Buyer at Closing in the following manner:

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Purchase Price; Purchase and Sale The purchase price for the Mortgage Loans shall be payable by the Company to the Seller on the Closing Date either (i) by appropriate notation of an inter company transfer between affiliates of UBS or (ii) in immediately available Federal funds wired to such bank as may be designated by the Seller. Upon payment of the purchase price by the Company, the Seller shall be deemed to have transferred, assigned, set over and otherwise conveyed to the Company all the right, title and interest of the Seller in and to the Mortgage Loans as of the Cut-Off Date, including all interest and principal due on the Mortgage Loans after the Cut-Off Date (including scheduled payments of principal and interest due after the Cut-Off Date but received by the Seller on or before the Cut-Off Date, but not including payments of principal and interest due on the Mortgage Loans on or before the Cut-Off Date), together with all of the Seller’s right, title and interest in and to the proceeds of any related title, hazard, primary mortgage or other insurance policies together with all rights with respect to the related Mortgage Loans, and only with respect to the Mortgage Loans, under each of the Servicing Agreements (other than those rights under the Servicing Agreements that do not relate to servicing of the Mortgage Loans (including, without limitation, the representations and warranties made by each Servicer (in its capacity as loan seller to the Transferor) and the document delivery requirements of such Servicer and the remedies (including indemnification) available for breaches thereto), which rights were retained by the Transferor pursuant to the Assignment Agreements). The Company hereby directs the Seller, and the Seller hereby agrees, to deliver to the Master Servicer all documents, instruments and agreements required to be delivered by the Company to the Master Servicer under the Pooling and Servicing Agreement and such other documents, instruments and agreements as the Company or the Trustee shall reasonably request. The Seller shall use its reasonable best efforts to cause each Servicer to enter into the related Assignment Agreement in form and substance satisfactory to the Seller and the Company in order to effectuate the assignment to the Company of the Servicing Agreements with respect to the Mortgage Loans.

  • Post-Closing Purchase Price Adjustment (a) As promptly as practicable, but in no event later than ninety (90) days following the date of the Applicable Closing, Parent shall prepare and deliver to SunGard Data a statement (the “Post-Closing Statement”), certified by the chief financial officer of Parent and accompanied by reasonable supporting detail, setting forth the Closing Net Working Capital, the Company Transaction Fees and Expenses and the Merger Consideration, including, in each case, the calculation thereof in reasonable detail. The calculations set forth in the Post-Closing Statement shall be final and binding on all Parties unless SunGard Data gives Parent written notice of its objections thereto (an “Objection Notice”), with reasonable supporting detail as to each such objection (each, a “Post-Closing Calculation Objection”), within forty-five (45) days after receipt of the Post-Closing Statement (the “Objection Period”). In the event SunGard Data fails to give Parent an Objection Notice prior to the expiration of the Objection Period or otherwise earlier notifies Parent in writing that SunGard Data has no objections to the calculations set forth in the Post-Closing Statement, the Post-Closing Statement shall be deemed final and binding on all Parties hereto, and all payments to be made in accordance with Section 3.4(d) shall be derived therefrom. Any component of the calculations set forth in the Post-Closing Statement that is not the subject of a timely delivered Objection Notice by SunGard Data shall be final and binding on all Parties except to the extent such component could be affected by other components of the calculations set forth in the Post-Closing Statement. Throughout the period following the Closing Date until the components of the calculations set forth in the Post-Closing Statement are deemed final and binding pursuant to this Section 3.4, subject to Section 7.21, Parent shall permit SunGard Data and its Representatives reasonable access (with the right to make copies), during business hours upon reasonable advance notice, to the financial books and records of the Surviving Corporation and its Subsidiaries for the purposes of the review and objection right contemplated herein.

  • Purchase and Closing (a) On the basis of the representations, warranties, agreements and covenants herein contained and subject to the terms and conditions herein set forth, the Company agrees to issue and sell to each of the Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase from the Company, at a purchase price of $22 1/4 per Share (the "Purchase Price"), the number of Firm Shares set forth opposite the name of such Underwriter in Schedule 1 hereto. One or more certificates in definitive form for the Firm Shares that the several Underwriters have agreed to purchase hereunder, and in such denomination or denominations and registered in such name or names as the Representatives shall request, upon notice to the Company at least 48 hours prior to the First Closing Date (as defined below), shall be delivered by or on behalf of the Company to the Representatives for the respective accounts of the Underwriters. The Firm Shares shall be registered by the American Stock Transfer & Trust Company in the name of the nominee of the Depository Trust Company ("DTC"), Cede & Co. ("Cede & Co."), and credited to the accounts of such of its participants as the Representatives shall request, upon notice to the Company at least 48 hours prior to the First Closing Date (as defined below), with any transfer taxes payable in connection with the transfer of the Firm Shares to the Underwriters duly paid, against payment by or on behalf of the Underwriters to the account of the Company of the aggregate Purchase Price therefor by wire transfer in immediately available funds. The Company will make the certificate or certificates for the Firm Shares available for checking and packaging by the Representatives at the offices in New York, New York of the Company's transfer agent or registrar or of the Representatives at least 24 hours prior to the First Closing Date. Delivery or registry of and payment for the Firm Shares shall be made at the offices of Xxxxxx, Xxxxx & Xxxxxxx LLP, 000 Xxxx Xxxxxx, Xxx Xxxx, XX 00000 at 9:30 A.M., New York City time, on July 28, 1997, the fourth full business day following the date of this Agreement, or at such other place, time or date as the Representatives and the Company may agree upon. Such time and date of delivery against payment are herein referred to as the "First Closing Date", and the implementation of all the actions described in this Section 2(a) is herein referred to as the "First Closing."

  • Purchase Price and Payment Unless otherwise agreed in writing between the selling Investor Member and the Company, the price of Class A Investor Shares purchased and sold pursuant to this section 8.6 shall be ninety percent (90%) of the then-current value of such Class A Investor Shares as determined by the Company in accordance with its financial model. The purchase price shall be paid by wire transfer or other immediately available funds at closing, which shall be held within sixty (60) days following written notice from the Manager. P a g e | 17

  • Purchase Price and Payment Terms The purchase price for all the Assets is as follows, $2,000,000 worth of Companies restricted shares at closing by issuing 2,000,000 shares of pre reverse, CRT stock.

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

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