San Marcos Closing; Manner of Payment of the San Marcos Purchase Price Sample Clauses

San Marcos Closing; Manner of Payment of the San Marcos Purchase Price. The consummation of the transactions contemplated by this Section 2 (the “San Marcos Closing”) shall occur on the later of: (i) the earlier of five (5) business days following the date of the consummation of the IPO and the date on which Campus Crest REIT receives the proceeds of the IPO from the underwriter of the IPO, (ii) the date upon which HSRE JV I Member and Purchaser have received the San Marcos Lender Consent, if required under the applicable loan documents, and (iii) the JV I Closing Date (the “San Marcos Closing Date”). At the San Marcos Closing, Purchaser shall pay the San Marcos Purchase Price to the HSRE JV I Member by wire transfer of immediately available funds. The parties shall conduct an escrow style closing through a party selected by Purchaser and the HSRE JV I Member so that it will not be necessary for any party to physically attend the San Marcos I Closing.
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Related to San Marcos Closing; Manner of Payment of the San Marcos Purchase Price

  • Purchase Price and Manner of Payment The total purchase price (“Purchase Price”) to be paid by Buyer for the Property shall be Six Million Five Hundred Sixty Nine Thousand Five Hundred and No/100 Dollars ($6,569,500.00). The Purchase Price shall be payable as follows:

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

  • SALE AND PURCHASE OF THE SALE SHARES 2.1 On and subject to the provisions of this Agreement, at Completion the Seller shall sell, and the Purchaser shall purchase, the Sale Shares free and clear from all Encumbrances, together with all rights attaching to them as at Completion, including any right to receive dividends, distributions or any return of capital declared, made or paid with effect from Completion.

  • Purchase Price Closing (a) The total amount which the buying party shall pay the selling party in a purchase shall be the amount that the selling party would have received if the Company (i) sold the Property for an amount equal to the Buy-Sell Stated Value, (ii) satisfied the indebtedness of the Company specifically referred to in subsection (b) below (and no other liabilities) out of the sale proceeds and (iii) distributed the remaining balance to Administrative Agent and PACOP in accordance with their respective percentage ownership interests in the Company (i.e., 51%, in the case of PACOP, and up to 49%, in the case of Administrative Agent).

  • Receivables Purchase Price On the Closing Date, the Purchaser shall deliver to the Seller the Receivables Purchase Price, as provided in Section 2.1(b).

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

  • Amendments to the Receivables Purchase Agreement The Receivables Purchase Agreement is hereby amended as follows:

  • SALE OF MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE Section 2.01. Sale of the Mortgage Loans.......................................................4 Section 2.02. Obligations of Seller Upon Sale..................................................4 Section 2.03. Payment of Purchase Price for the Mortgage Loans.................................7

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