Purchase Price Loan. (a) The purchase price for the 850 MHz License shall be $32,500,000, of which a portion will be payable by offset of the total outstanding principal amount and accrued interest on the Loan (as defined below) and the remainder of which will be payable by wire transfer of immediately available funds to Seller at the Closing (defined in Section 3).
Appears in 4 contracts
Samples: Agreement to Purchase (Winstar Communications Inc), Execution Copy (Cellularvision Usa Inc), Agreement (Winstar Communications Inc)
