Purchase Price & Broker Sample Clauses

Purchase Price & Broker. The purchase price for the Assets described in Section 2(e) below is $21,449,500.00 in connection with the purchase of goodwill and FF&E (the “Goodwill Purchase Price”) plus additional purchase price for parts, work in progress (“WIP”), and New Vehicles, Used Vehicles and Pre-Owned Vehicles (collectively, the “Vehicle Inventories”) calculated as described below (the “Additional Purchase Price,” with the Goodwill Purchase Price, collectively the “Purchase Price”). The parties agree that the FF&E portion of the Goodwill Purchase Price includes the price for Seller’s vehicles used in its business operations which are listed in the FF&E schedules to its financial statements. The Additional Purchase Price will be calculated as follows:
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Purchase Price & Broker. Buyer shall pay Seller the net aggregate purchase price for the Dealership Assets as stated in Section 2 below in immediately available funds on the Closing Date, except as expressly stated in Section 1(c) below. Each Party shall use the purchase price and other allocation described in the spreadsheet mustering inventories, values, debits and credits executed and delivered by the Parties upon Closing (the “Closing Memorandum”) in all reporting to, and all tax returns filed with, the Internal Revenue Service and other state and local taxing authorities. National Business Brokers (the “Broker”) assisted Seller and Buyer with the transactions contemplated herein; the fees of which will be paid by the Parties on the Closing Date according to their respective written agreements with the Broker, each of which is attached hereto as Exhibit A.
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Purchase Price & Broker. The purchase price for the Assets described in Section 2(e) below is $11,000,000.00, payable in cash equal to $5,360,950 and LMP Stock (defined below) equal to up to $5,639,050 on the Closing Date (the foregoing collectively being the “Purchase Price”). The Buyer will set forth the allocation of the Purchase Price amongst the asset classes being sold hereunder at Closing. Each Party shall use the Purchase Price and other allocation described in the spreadsheet detailing inventories, values, debits and credits executed and delivered by the Parties upon Closing (the “Closing Memorandum”) in all reporting to, and all tax returns filed with, the Internal Revenue Service and other state and local taxing authorities. DCG Acquisitions, LLC (the “Broker”) assisted Seller with the transactions contemplated herein; the fees of which will be paid by Seller and Buyer on the Closing Date pursuant to the agreement between the parties and the Broker.
Sample 1
Purchase Price & Broker. The purchase price for the Assets described in Section 2(e) below is $61,500,000.00 (the “Goodwill Price”), payable in cash equal to $51,500,000 and LMP Stock (defined below) equal to up to $10,000,000 on the Closing Date (the foregoing collectively being the “Purchase Price”). Each Party shall use the Purchase Price and other allocation described in the spreadsheet detailing inventories, values, debits and credits executed and delivered by the Parties upon Closing (the “Closing Memorandum”) in all reporting to, and all tax returns filed with, the Internal Revenue Service and other state and local taxing authorities. National Business Brokers, Inc. (the “Broker”) assisted Seller and Buyer with the transactions contemplated herein; the fees of which will be paid by Seller and Buyer on the Closing Date pursuant to the agreement between the Parties and the Broker.
Sample 1
Purchase Price & Broker. The purchase price for the Assets described in Section 2(e) below is $5,000,000.00, consisting of purchase of goodwill at $4,500,000 and Furniture, Fixtures and Equipment at $500,000, payable in cash equal to $2,500,000 and LMP Stock (defined below) equal to up to $2,500,000 on the Closing Date (the foregoing collectively being the “Purchase Price”). Each Party shall use the Purchase Price and other allocation described in the spreadsheet detailing inventories, values, debits and credits executed and delivered by the Parties upon Closing (the “Closing Memorandum”) in all reporting to, and all tax returns filed with, the Internal Revenue Service and other state and local taxing authorities.
Sample 1
Purchase Price & Broker. The purchase price for the Assets described in Section 2(e) below is $120,000,000.00 (the “Goodwill Price”), payable in cash and LMP Stock (defined below) on the Closing Date. Each Party shall use the purchase price and other allocation described in the spreadsheet detailing inventories, values, debits and credits executed and delivered by the Parties upon Closing (the “Closing Memorandum”) in all reporting to, and all tax returns filed with, the Internal Revenue Service and other state and local taxing authorities. The Presidio Group LLC (the “Broker”) assisted Seller with the transactions contemplated herein; the fees of which will be paid by Seller on the Closing Date.
Sample 1

Related to Purchase Price & Broker

  • The Purchase Price Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.

  • 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.

  • Purchase Price The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received. The initial principal amount of the related Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans, so computed as of the related Cut-off Date. If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current principal amount of the related Mortgage Loans as of the related Cut-off Date at the weighted average Mortgage Interest Rate of those Mortgage Loans. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid to the Seller by wire transfer of immediately available funds to an account designated by the Seller in writing.

  • Purchase Price and Deposit The total purchase price ("Purchase Price") for the Property shall be an amount equal to $22,500,000.00, payable by Purchaser, as follows:

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • 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 Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • Delivery of the Purchase Price At least one business day prior to the effective date of the Company’s registration statement relating to the IPO (“Registration Statement”), or the date of the exercise of the Over-Allotment Option, if any, the Purchaser agrees to deliver the Initial Purchase Price or Additional Purchase Price, as the case may be, by certified bank check or wire transfer of immediately available funds denominated in United States Dollars to Continental Stock Transfer & Trust Company, a New York corporation (“CST”), which is hereby irrevocably authorized to deposit such funds on the applicable Closing Date to the trust account which will be established for the benefit of the Company’s public shareholders, managed pursuant to that certain Investment Management Trust Agreement to be entered into by and between the Company and CST and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”). If the IPO is not consummated within 14 days of the date the Initial Purchase Price is delivered to CST, the Initial Purchase Price shall be returned to the Purchaser by certified bank check or wire transfer of immediately available funds denominated in United States Dollars, without interest or deduction.

  • Purchase Price Deposit The purchase price (the “Purchase Price”) for the Property, subject to adjustments as provided in this Agreement, shall be FIFTY MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS and 00/100 Dollars ($50,250,000.00), and shall be paid as follows:

  • Delivery of Purchase Price The Purchase Price for the Securities shall have been delivered to the Company on the Closing Date.

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