TITAN’S OBLIGATIONS UPON CLOSING OF TRANSACTION WITH APPCO Sample Clauses

TITAN’S OBLIGATIONS UPON CLOSING OF TRANSACTION WITH APPCO. A. APPCO and Titan acknowledge that Titan is entering into a Definitive Agreement with APPCO that gives Titan credit for the deposits made by NewGen to APPCO under the SPA or its amendments. Upon the execution of such Definitive Agreement by Titan and Appco, Titan will promptly pay NewGen $250,000 by wire transfer in respect of a deposit previously paid by NewGen to APPCO and credited to Titan.
AutoNDA by SimpleDocs

Related to TITAN’S OBLIGATIONS UPON CLOSING OF TRANSACTION WITH APPCO

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!