Purchase Price; Manner of Payment. In consideration for the Goodwill, the Purchaser shall pay the Seller the Aggregate Purchase Price, which shall consist of the Initial Purchase Price and the Deferred Purchase Price.
Purchase Price; Manner of Payment. 1.5.1. At the Initial Closing, the Investor shall exchange five million dollars ($5,000,000) in principal amount of Outstanding Notes for five thousand (5,000) Units, each Unit consisting of (i) one (1) Series B-1 Preferred Share (which initially may be converted into 1000 Conversion Shares pursuant to the terms of the Certificate of Designation) and (ii) Warrants with a term of five (5) years from the date of issuance to purchase 1000 Warrant Shares at an initial exercise price of $1.10 per share.
Purchase Price; Manner of Payment. (a) The aggregate purchase price (the "PURCHASE PRICE") for the Assets shall be the cash sum of EURO 2,480,067,205 LESS the full amount of any distributions declared and paid or payable to Target's shareholders after the date hereof and prior to the Closing (including the -11-
Purchase Price; Manner of Payment. The Purchase Price is ($ ) (“Purchase Price”), which is payable as follows: Deposit Money paid on account of the Purchase Price upon signing of this Agreement, the receipt of which is hereby acknowledged pursuant to the provisions of paragraph 4 (“Deposit Money”) $ Balance to be paid at Closing by certified, bank or cashier's check $ TOTAL PURCHASE PRICE $ Unless a Refund Exception (as defined below) applies, the Deposit Money is NOT refundable and shall be paid to Seller upon notice to the Escrow Agent in the event this Agreement terminates prior to Closing. A “Refund Exception” is any one of the following circumstances: (a) in the event the Seller is unable to convey and/or to cause to be conveyed, the quality of title to the Property as set forth in this Agreement, provided, however, the Seller was given a reasonable time to cure and/or correct the title issue; or (b) Buyer is ready, willing, and able to close and Seller refuses or is unable to close or otherwise breaches any terms of this Agreement through no fault of Buyer. In cases where a Refund Exception applies, the Deposit Money shall be immediately refunded to the Buyer upon notice to Escrow Agent if the Agreement is terminated prior to Closing.
Purchase Price; Manner of Payment. As consideration for the Buyer's purchase of the Business Assets, Buyer shall pay to Coronado, on the Closing Date, the sum of $2,500,000 plus the adjustments specified in Sections 2.3(a) below (the "Purchase Price"). The Purchase Price shall be paid by wire transfer of immediately available funds to an account designated by Coronado. The Purchase Price shall be adjusted in accordance with Section 2.3.
Purchase Price; Manner of Payment. The purchase price ("Purchase Price") to be paid by Purchaser to Seller for the Property shall be the sum of FOUR MILLION EIGHT HUNDRED THOUSAND DOLLARS ($4,800,000.00), subject to credits, prorations and adjustments as provided in this Agreement. The Purchase Price shall be payable by Purchaser to Seller at the Closing. The purchase price shall be paid by Purchaser in an installment basis with TWO MILLION ONE HUNDRED THOUSAND DOLLARS ($2,100,000.00) due and payable at Closing (subject to credits, prorations and adjustments) and TWO MILLION SEVEN HUNDRED THOUSAND DOLLARS ($2,700,000.00) due and payable within 2 (two) years from the date of Closing. The Purchaser shall execute a Promisory Note with respect to a final payment of Two Million Seven Hundred Thousand Dollars ($2,700,000.00) Purchaser agrees to pay fifty percent (50%) of the Note within one (1) year of closing. Purchaser further agrees to pay the remaining 50% of the Note within a year of making the initial payment on the Note. Purchaser shall execute a First Mortgage in favor of Seller which will secure Purchaser’s payment of the Promissory Note. The Purchaser and Seller acknowledge and accept that the Promissory Note and Mortgage will wrap an existing Mortgage issued by Seller to Xxxx Xxxxxxxx. Seller shall be obligated to continue to pay and to satisfy the existing mortgage no later than April 30, 2012 or expiration of the leaseback agreement . The Purchaser and Seller agree that there shall be no pre- payment penalty in the event the Seller request final payment before expiration of the installment period.
Purchase Price; Manner of Payment. Upon the terms and subject to the conditions contained in this Agreement, in reliance upon the representations, warranties and agreements of the Securityholders contained herein, and in consideration of the Initial Disposition and the Second Disposition:
Purchase Price; Manner of Payment. 4.1 The purchase price (the “Purchase Price”) for the Property shall be Twelve Million Five Hundred Thousand Dollars ($12,500,000), which amount shall be payable as provided in Section 4.2 below.
Purchase Price; Manner of Payment. Orphan shall pay the purchase price in two installments, each by wire transfer to a bank account indicated by Chronimed as follows:
Purchase Price; Manner of Payment. For each Product sold by ZEVEX pursuant to this Agreement, ZEVEX agrees to pay to NMI the cost of each Product as shown in the third column on Exhibit A; provided that, with respect to 750 pumps (model no. CL2200) that are to be sold to Nestle, ZEVEX will pay to NMI any amounts that it receives from Nestle. Payment shall be made within forty-five (45) days of ZEVEX's receipt of notice from NMI of actual shipment to the end purchaser of the Product. Such payment shall include ZEVEX's reimbursement to NMI for the shipping and related charges described in Section 6.1 below.
