Purchase Price, Deposit, and Payment Sample Clauses

Purchase Price, Deposit, and Payment. (a) The Purchaser will pay the Purchase Price to the Vendor as follows:
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Purchase Price, Deposit, and Payment. (a) In consideration for the Purchased Assets, at the Closing, the Purchaser shall pay to the Seller, by wire transfer of immediately available funds to such account as shall have been designated by the Seller for such purpose, an amount (the "Purchase Price") equal to (i) $8,837,500, which represents the sum of (A) $4,750,000, representing the purchase price set forth in that certain Asset Purchase Agreement dated October 12, 2001 by and among Xxxxxx Xxxxxxx, Inc., National Flora, Inc., and Stema Enterprises LLC ("Stema") (the "Stema Agreement"), plus $3,850,000, the additional amount (over and above the purchase price under the Stema Agreement) reflected in the Purchaser’s accepted Competing Bid as such term is used in the Order Establishing Bidding Procedures, Approving Termination Fee and Fixing Date for Final Sale Hearing on Debtors' Motion to Sell Substantially All of the National Flora Assets and to Assume and Assign Executory Contracts, and Limiting Notice dated October 15, 2001, including the Exhibits thereto (the "Bidding Procedures Order"), plus (B) the $237,500 Termination Fee, as such term is used in the Bidding Procedures Order, consisting of the $190,000 termination fee to Stema and $47,500 representing the maximum approved payment for the actual out–of–pocket expenses of Stema (the "Approved Stema Costs"); minus (ii) an amount, prorated to (but not including) the Closing Date, equal to the unpaid accrued obligations under the Purchased Contracts (other than Purchased Contracts relating to advertising, as to which no proration or adjustment shall be made, subject to Seller's compliance with Section 7(a) below), as calculated by Seller and verified by Purchaser prior to the Closing, plus (iii) the positive amount (if any) by which the sum of the "accounts receivable" (consisting entirely of trade accounts receivable), "prepaid other and other current assets" and "deposits and long term prepaids" (all of the type set forth in and determined in a manner consistent with the unaudited balance sheet of Seller as of August 31, 2001, as previously presented to the Purchaser), but expressly excluding prepaid advertising, as of the Closing Date exceeds $50,000, as calculated by Seller and verified by Purchaser prior to the Closing. The Purchase Price shall be in addition to the Purchaser's assumption of the Assumed Liabilities.
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Purchase Price, Deposit, and Payment. The Purchase Price shall be $47,250,000.
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Related to Purchase Price, Deposit, and Payment

  • Purchase Price Deposit (a) The purchase price for the Property is AND 00/100 DOLLARS ($ ) (the “Purchase Price”), payable as follows:

  • Purchase Price and Payment The total Purchase Price for the Property is the amount of the successful bid for the Cabin/Home Site at public auction plus the Maximum Value of the Personal Property.

  • AMOUNT AND PAYMENT OF PURCHASE PRICE The total consideration and method of payment thereof are fully set out in Exhibit "A" attached hereto and made a part hereof.

  • 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 and Deposit The total purchase price ("Purchase Price") for the Property shall be an amount equal to $14,000,000.00, payable by Purchaser, as follows:

  • Closing Purchase Price Buyer shall have delivered the Closing Purchase Price in accordance with Section 2.5. ARTICLE VII

  • Purchase Price and Payment Terms The Purchase Price shall be paid at the Close of Escrow as provided in the Recitals. The Purchase Price does not include Buyer’s closing costs, loan fees, escrow fees, title insurance policy fees, or any other costs and expenses not noted in the Recitals. The balance of cash due to Seller upon Close shall be paid by Cashier's Check payable to Escrow Holder or as directed in writing by Escrow Holder. Seller acknowledges receipt from Buyer of the Deposit set forth in the Recitals above made payable to Escrow Holder.

  • Purchase Price Payment The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

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