Common use of Purchase Price Payment Terms Clause in Contracts

Purchase Price Payment Terms. 3.1 In consideration of the sale by the Seller of the Sale Shares to the Purchaser, the Purchaser shall pay the Purchase Price to the Seller in cash, in one instalment and in same day funds. To this effect, the Purchaser shall procure that the Purchase Price will be credited through the Purchaser’s Broker to the Seller’s Account on the Settlement Date in accordance with Article 5.

Appears in 2 contracts

Samples: Share Purchase Agreement (Deutsche Telekom Ag), Share Purchase Agreement (Hellenic Telecommunications Organization Sa)

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Purchase Price Payment Terms. 3.1 In consideration of the sale by the Seller of the Sale Shares to the Purchaser, the Purchaser shall pay the Purchase Price to the Seller in cash, in one instalment and in same day funds. To this effect, the Purchaser shall procure that the Purchase Price will be credited through the Purchaser’s Broker Bank to the Seller’s Account HELEX on the Settlement Date for the purposes of the settlement and clearance of the Block Trade, all in accordance with Article 5.

Appears in 1 contract

Samples: Share Purchase Agreement (Hellenic Telecommunications Organization Sa)

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Purchase Price Payment Terms. 3.1 In consideration of the sale by the Seller of the Sale Shares to the Purchaser, the Purchaser shall pay the Purchase Price to the Seller in cash, in one instalment and in same day funds. To this effect, the Purchaser shall procure that the Purchase Price will be credited through the Purchaser’s Broker 's Bank to the Seller’s Account HELEX on the Settlement Date for the purposes of the settlement and clearance of the Block Trade, all in accordance with Article 5.

Appears in 1 contract

Samples: Share Purchase Agreement (Deutsche Telekom Ag)

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