Purchase Price and Form of Payment. (a) In consideration of the payment of the Purchase Price by the Buyer to the Seller, the Seller agrees to contribute, assign and transfer the Property to the Buyer in accordance with the terms and conditions set forth in this Contract as a contribution to the capital of Hersha Hospitality Limited Partnership, a Virginia limited partnership (the “OP”), of which Buyer is a directly and indirectly wholly-owned subsidiary, pursuant to Section 721 of the Internal Revenue Code of 1986, as amended.
Purchase Price and Form of Payment. A. In the event that TOG exercises the Option, the total purchase price (“Purchase Price”) for the shares of the Company shall consist of:
Purchase Price and Form of Payment. A. The total purchase price (“Purchase Price”) shall consist of:
Purchase Price and Form of Payment. A. In the event that TOG exercises the Option hereunder, the total purchase price (“Purchase Price”) for the shares of the Company shall be based on the date of Closing, as follows: if the Closing occurs (i) on or prior to October 31, 2008 the Initial Payment shall be US$32,689,583; (ii) between November 1 and November 30, 2008, the Initial Payment shall be US$32,879,166; and (iii) between December 1 and December 31, 2008, the Initial Payment shall be US$33,068,749. Exercise of the Option shall be subject to the prior receipt by Grantors of the Additional Option Payment which is in addition to the Purchase Price.
Purchase Price and Form of Payment. The purchase price for the Note and the Warrants shall be $1,000,000 in the aggregate (the "Purchase Price"). On the Closing Date (as defined below), (i) the Buyer shall pay the Purchase Price by wire transfer of immediately available funds (or as otherwise mutually agreed) to the Company, in accordance with the Company's written wiring instructions, against delivery of the Note and the Warrants and (ii) the Company shall deliver the Note and the Warrants, duly executed on behalf of the Company, to the Buyer, against delivery of such Purchase Price.
Purchase Price and Form of Payment. At the Closing, Buyer shall pay a total of $5,000,000 (the “Purchase Price") for the Shares. In exchange for payment of the Purchase Price, Buyer shall also be issued the Warrants. The Purchase Price shall be paid by wire transfer of immediately available funds in accordance with the Company’s written instructions. At the Closing, upon payment of the Purchase Price by Buyer, the Company will (a) deliver Transfer Instructions to the transfer agent for the Company’s Common Stock, and (b) will deliver an executed warrant agreement, substantially in the Form of Exhibit A, representing the Warrants to the Buyer.
Purchase Price and Form of Payment. 2.1. Purchase Price. By this private instrument and pursuant to law, SELLERS undertake to sell to ZMACQ 3 and CREMACQ AGRO, and the latter undertake to purchase, respectively, from the formers, the REAL PROPERTIES and the ASSETS identified in clauses 1.1 and 1.7 below for the total, certain, fixed and non-adjustable price of two hundred and seventy million Reais (R$ 270,000,000.00) (“Purchase Price”), of which:
Purchase Price and Form of Payment. (a) The aggregate purchase price for the Purchased Shares (the “Purchase Price”) shall be, subject to reduction or increase as provided in Section 1.4 hereof, (i) $1,000,000 in cash (the “Cash Consideration”), payable in accordance with Section 1.3(b) below, plus (ii) $1,173,473 represented by a Promissory Note (herein so called) in the form attached hereto as Exhibit A, plus (iii) 4,124,622 shares of common stock, par value $0.001 per share, of Buyer (the “Buyer Common Stock”). The shares of Buyer Common Stock described in subsection (iii) above are hereinafter referred to as the “SSGI Shares”.
Purchase Price and Form of Payment. At the Closing, the Buyer shall pay $9,000,000 (the "Purchase Price") for the Shares, by wire transfer of immediately available funds in accordance with the Company's written instructions.
Purchase Price and Form of Payment. (a) The aggregate purchase price to be paid to each Seller for all of his Purchased Shares shall be (i) that number of shares of common stock, par value $0.001 per share, of Buyer (the “Buyer Common Stock”) as is set forth opposite such Seller’s name on Schedule I attached hereto under the heading “Number of SSGI Shares”, plus (ii) warrants (the “Warrants”) to purchase that number of shares of Buyer Common Stock as is set forth opposite such Seller’s name on Schedule I attached hereto under the heading “Number of Warrant Shares”. Each Warrant shall be in the form attached hereto as Exhibit A. The shares of Buyer Common Stock described in subsection (i) above are hereinafter referred to as the “SSGI Shares”. The shares of Buyer Common Stock issuable upon exercise of the Warrants are hereinafter referred to as the “Warrant Shares”. The SSGI Shares, the Warrants and the Warrant Shares are hereinafter referred to collectively as the “SSGI Securities”.
