Examples of Cash Closing Payment in a sentence
The Closing Payment, as adjusted by the Final Closing Payment and the Final Cage Cash Closing Payment, is referred to as the “Final Purchase Price”.
At the Closing, the Purchaser shall have delivered to or at the direction of the Sellers the Closing Payments, including the Cash Closing Payment, the Closing Notes, and certificates representing the Closing Shares.
For the avoidance of doubt, the Indemnity Holdback Amount represents a portion of, and is not in addition to, the Purchase Price and will reduce the Cash Closing Payment as provided in Section 8.4(a).
Mud Duck has, or has enforceable agreements under which it can obtain, and Mud Duck has entered into a legally binding and enforceable agreement to contribute to Acquiror prior to the Closing, all the funds necessary to enable Acquiror to pay the Cash Closing Payment to Transferor at the Closing.
For convenience, the Parties agree that the Closing may take place by the exchange of electronic signatures to the Closing documents and delivery of the Cash Closing Payment by wire transfer, followed by the mailing of executed originals of the Closing documents, without the need for a face to face meeting.