Common use of Receipt of the Purchase Price Clause in Contracts

Receipt of the Purchase Price. The Purchaser shall have paid to the Seller or deposited with Escrow Agent with irrevocable written direction to disburse the same to the Seller, the Purchase Price (as adjusted pursuant to Article 9).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (CNL Income Properties Inc)

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Receipt of the Purchase Price. The Purchaser shall have paid to the Seller Sellers, or deposited with Escrow Agent with irrevocable written direction to disburse the same to the SellerSellers upon satisfaction of the Purchaser’s Closing Conditions hereunder, the Purchase Price (in readily available funds, as adjusted for Prorations pursuant to Article 9)ARTICLE IX hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (CNL Income Properties Inc)

Receipt of the Purchase Price. The Purchaser shall have paid to the Seller or deposited with Escrow Agent with irrevocable written direction to disburse the same to the Seller, the Purchase Price (as adjusted for Prorations pursuant to Article 9IX).

Appears in 1 contract

Samples: Asset Purchase Agreement (CNL Income Properties Inc)

Receipt of the Purchase Price. The Purchaser shall have paid to the Seller or deposited with Escrow Agent with irrevocable written direction to disburse the same to the Seller, the Purchase Price (as adjusted for Adjustments pursuant to Article 9).

Appears in 1 contract

Samples: Stock Purchase Agreement (CNL Income Properties Inc)

Receipt of the Purchase Price. The Purchaser shall have paid (i) delivered to the Seller or deposited with Escrow Agent Agent, with irrevocable written direction to disburse the same to the Seller, the Purchase Price (as adjusted for Prorations pursuant to Article 9), and (ii) delivered irrevocable written direction to Escrow Agent to disburse the Deposit to the Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Income Properties Inc)

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Receipt of the Purchase Price. The Purchaser shall have (i) paid to the Seller Sellers or deposited with Escrow Agent with irrevocable written direction to disburse the same to the SellerSellers, the Purchase Price (as allocated, and as adjusted for prorations pursuant to Article 9)) and (ii) delivered irrevocable written direction to Escrow Agent to disburse the Deposit to the Sellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (CNL Healthcare Trust, Inc.)

Receipt of the Purchase Price. The Purchaser shall have paid to the Seller or deposited with Escrow Agent with irrevocable written direction to disburse the same to the Seller, the Purchase Price (as adjusted for Pro-rations pursuant to Article 9IX).

Appears in 1 contract

Samples: Asset Purchase Agreement (CNL Income Properties Inc)

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