Common use of Purchase Price of Patents Clause in Contracts

Purchase Price of Patents. The purchase price for the inventions and patents shall be approximately Seven Million U.S. Dollars ($7,000,000.00), payable as follows:

Appears in 5 contracts

Sources: Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp)

Purchase Price of Patents. The purchase price for the inventions Inventions and patents Patents shall be approximately Seven Fifteen Million U.S. Dollars ($7,000,000.00), 15,000,000) payable as follows:

Appears in 5 contracts

Sources: Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp)

Purchase Price of Patents. The purchase price for the inventions Inventions and patents Patents shall be approximately Seven Fifteen Million U.S. Dollars ($7,000,000.00), 15,000,000) payable as follows: a. Cash Payments: Buyer shall pay to Seller Four Million One Hundred Thousand U.S. Dollars ($4,1 00,000) in cash to be paid in three installments: 1 $1,025,000 within 180 days of Closing (as defined below); 2. $1,025,000 within one (l) year of Closing;

Appears in 3 contracts

Sources: Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp), Patent Purchase Agreement (Cloracks Corp)