Purchase Price Funding Sample Clauses

Purchase Price Funding. Promptly following execution and delivery of this Agreement by the Company and Laurus, pursuant to the terms and subject to the conditions contained in the Master Agreement, Laurus will purchase from the Company and the Company will issue to Laurus 300 shares of Series J Preferred Stock for $1,000 per share, for a total purchase price of $300,000 (the “Purchase Price”). The conversion price for these shares is equal to $0.12 per share.
Sample 1
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Purchase Price Funding. Purchaser has delivered to the Sellers ---------------------- copies of a written commitment letter from The Chase Manhattan Bank to act as agent for, and to participate in, a syndicate of banks to provide to Purchaser, subject to the terms and conditions thereof, acquisition financing in the amount of $ 165,000,000 (the "Bank Financing"). The Bank Financing, together with Purchaser's anticipated equity capitalization, is sufficient to pay at Closing the cash portion of the purchase price for the Purchased Assets as set forth in Section 3.1. Purchaser has delivered to Sellers a copy of its written commitment letter for equity capitalization from Xxxxx & Company.
Sample 1
Purchase Price Funding. Buyer has received a written commitment from Royal Banks of Missouri to extend a Fifteen Million and 00/100 Dollar ($15,000,000) line of credit to Buyer. The proceeds of such line of credit shall be used to fund the Purchase Price. Buyer is currently in negotiations with EPR Properties, Inc. and is working on the final terms of a commitment of a financing package for Twenty Million and 00/100 Dollars ($20,000,000) to be used to fund the Purchase Price.
Sample 1
Purchase Price Funding. Laurus agrees to purchase, in such amounts and at such times as it may determine in its sole discretion (each such purchase, a “Funding”), up to an aggregate amount of 3,500 shares of Series J Preferred Stock for $1,000 per share . The amount of Series J Preferred Stock purchased by Laurus at any one Funding shall be determined at the sole discretion of Laurus.
Sample 1
Purchase Price Funding. 52 Section 4.5. Commissions................................................ 52 ARTICLE V REPRESENTATIONS AND WARRANTIES OF NEWCO Section 5.1. Organization............................................... 53 Section 5.2. Authorization of Agreement................................. 53 Section 5.3. Consents and Approvals; No Violations...................... 54 ARTICLE VI
Sample 1
Purchase Price Funding. Guarantee will fund the Purchase Price from working capital and/or borrowing under its existing revolving line of credit, and no additional financing is required to fund the Purchase Price.
Sample 1
Purchase Price Funding. The Parties acknowledge that the Purchase Price shall be funded to Transferor by CBC for satisfaction of Transferee’s payment obligations hereunder via a convertible loan (the “Loan”) pursuant to the Loan Agreement I and Loan Agreement II entered, on February 25, 2022 and March 28, 2022 respectively, each between and among Steady Axis Limited, a British Virgin Islands company and an affiliated of CBC, Transferee and Mr. Xxx Xx (collectively “Loan Agreements”). The Parties agree that the Transferee has no obligation to repay the Loan in cash and that the Loan shall be convertible, at the CBC’s option (“Option”), into its or its designee’ right to receive (i) 7,800,000 fully paid shares of Ch-Auto Technology Corporation Ltd. (“Ch-Auto Shares”), or (ii) the Shares pursuant to the Agreement, each of which shall be adjusted to reflect appropriately the effect of any stock split, reverse stock split, stock dividend, recapitalization, reclassification, combination, exchange of shares or other like change with respect to the Ch-Auto Shares or the Shares, provided, that the Option shall expire on the first anniversary of the date of the Agreement, provided, further that upon the lapse of the Option, CBC shall automatically receive the Ch-Auto Shares with right to adjustments as provided in this Section 6.
Sample 1
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Purchase Price Funding 
Sample 1Sample 2

Related to Purchase Price Funding

  • 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.

  • Purchase Price Payments 23 Section 10.02. THE PURCHASER NOTE.........................................................................23 ARTICLE XI Confidentiality.......................................................................................24 ARTICLE XII Term.................................................................................................25

  • 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.

  • 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 Adjustment (a) Not later than five Business Days prior to the Closing Date, the Contributor Parties shall prepare in good faith and deliver to Acquiror a preliminary settlement statement (the “Estimated Adjustment Statement”) setting forth (i) an estimated combined balance sheet of the Compression Group Entities as of the Closing Date, which balance sheet will be prepared in accordance with GAAP, applied consistently with the Contributor Parties’ past practices (including its preparation of the Unaudited Financial Statements) (the “Estimated Closing Date Balance Sheet”) based on the most recent financial information of the Compression Group Entities reasonably available to the Contributor Parties and the Contributor Parties’ reasonable estimates with respect to the assets, liabilities and members’ equity of the Compression Group Entities as of the Closing Date, (ii) a calculation of the difference, if any, between the Net Working Capital shown on the Estimated Closing Date Balance Sheet (the “Estimated Net Working Capital”) and the Net Working Capital Threshold, (iii) a calculation of the Debt shown on the Estimated Closing Date Balance Sheet (the “Estimated Closing Date Debt”), (iv) a calculation of the Cash shown on the Estimated Closing Date Balance Sheet (the “Estimated Closing Date Cash Amount”) and (v) a calculation of the estimated Purchase Price Adjustment Amount. Acquiror shall have the right, following Acquiror’s receipt of the Estimated Adjustment Statement, to object thereto by delivering written notice to ETP, on behalf of the Contributor Parties, no later than two Business Days before the Closing Date. To the extent Acquiror timely objects to the Estimated Adjustment Statement (or any component thereof), Acquiror and ETP, on behalf of the Contributor Parties, shall enter into good faith negotiations and attempt to resolve any such objection; provided, however, that if Acquiror and ETP, on behalf of the Contributor Parties, are unable to resolve such objection prior to the Closing Date, then the Contributor Parties’ calculations as reflected in the Estimated Adjustment Statement shall control solely for purposes of the payments to be made at Closing. To the extent Acquiror and ETP, on behalf of the Contributor Parties, resolve any such objection prior to the Closing, then the Parties shall jointly agree on a revised Estimated Adjustment Statement that shall control solely for purposes of the payments to be made at the Closing. The estimated Purchase Price Adjustment Amount that controls for purposes of the payments to be made at the Closing is referred to herein as the “Estimated Purchase Price Adjustment Amount.”

  • Purchase Price Adjustments In case at any time and from time to time the Company shall issue any shares of Common Stock or Derivative Securities convertible or exercisable for shares of Common Stock (the number of shares so issued, or issuable upon conversion or exercise of such Derivative Securities, as applicable, being referred to as "Additional Shares of Common Stock") for consideration less than the then Market Price at the date of issuance of such shares of Common Stock or such Derivative Securities, in each such case the Conversion Price shall, concurrently with such issuance, be adjusted by multiplying the Conversion Price immediately prior to such event by a fraction: (i) the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to the issuance of such Additional Shares of Common Stock plus the number of shares of Common Stock that the aggregate consideration received by the Company for the total number of such Additional Shares of Common Stock so issued would purchase at the Market Price and (ii) the denominator of which shall be the number of shares of Common Stock outstanding immediately prior to the issuance of Additional Shares of Common Stock plus the number of such Additional Shares of Common Stock so issued or sold.

  • 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:

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

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

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