Examples of Closing Acquisition Consideration in a sentence
At the Closing, upon the terms and subject to the conditions of this Agreement, Buyer shall (a) purchase from the Company, and the Company shall sell and issue to Buyer, the Acquired Class A Units and (b) pay to the Company by wire transfer in immediately available funds an aggregate amount equal to the Closing Acquisition Consideration.
PDC shall provide a certificate described in U.S. Treasury Regulations Section 1.1445-2(b)(2)(i) duly executed by PDC, establishing that the Closing Acquisition Consideration may be paid without withholding under the Foreign Investment in Real Property Tax Act of 1980.
The Closing Acquisition Consideration shall be paid as per Section 2.1(a) .
The Reviewing Accounting Firm shall determine the amounts in dispute (and only such amounts) with respect to the Closing Date Schedule and shall determine the Closing Acquisition Consideration based on such determination, which amount shall not be (i) less than Buyer’s calculation of the Closing Acquisition Consideration delivered pursuant to Section 3.6(b) or (ii) greater than Shareholders’ Representatives’ calculation of the Closing Acquisition Consideration delivered in the Dispute Notice.
Company shall pay any tax in connection with its receipt of the Closing Acquisition Consideration in respect of the disposal of the Assets and the Business under this Agreement in accordance with applicable Malaysian tax law.
Of this amount, (x) the Cash Consideration shall be payable on the Closing Date, subject to adjustment as set forth in Section 1.13 below (the "Closing Acquisition Consideration"), and (y) the Stock Consideration shall --------------------------------- be payable pursuant to the escrow provisions of Section 1.8 and Article VI hereof (the "Contingent Acquisition Consideration").
Upon delivery of the certificate(s) for such listed or issuable Shares to CHC and CNO and CHC's and CNO's delivery of the Closing Acquisition Consideration as stated in Section 1.3, CHC or CNO, as the case may be, will acquire good and marketable title to and complete ownership of such listed or issuable Shares, free and clear of any Third-Party Right other than any created by CHC or CNO.
At the Closing, the Buyer will pay the Company the Closing Acquisition Consideration, less (i) the value of the Assumed Liabilities; and less (ii) One Million Dollars ($1,000,0000) (the "DESIGN AGREEMENT RETAINER") and less (iii) One Hundred Forty Thousand Dollars ($140,000) (the "HOLDBACK AMOUNT"), and less (iv) the amount of any decrease in the Assets Purchase Price below $400,000.
Any amounts due to either party as a result of any difference between the Closing Acquisition Consideration and the Final Acquisition Consideration shall be paid within 15 days of the closing of the books.
On the Closing Date, Peoples shall pay Community Trust the Closing Acquisition Consideration for the Point Pleasant Branches.