Initial Purchase Consideration definition

Initial Purchase Consideration shall be a sum equal to:

Initial Purchase Consideration has the meaning given to it in the Mortgage Sale Agreement;

Initial Purchase Consideration shall have the meaning assigned to it in Clause 3.4 below;

Examples of Initial Purchase Consideration in a sentence

• At the Subsequent Closing (as defined below), each Investor shall pay to Company the purchase consideration for the relevant Subsequent Shares (the “Subsequent Purchase Consideration”, together with the Initial Purchase Consideration, the “Purchase Consideration”), by wire transfer in immediately available funds, pursuant to instructions given by the Company in writing to such Investor at least three (3) Business Days prior to the Subsequent Closing.

• The Initial Shares shall be issued and allotted to each Investor as set forth opposite the name of such Investor on Schedule I hereto by the Company, credited as fully paid, on the date hereof following the payment of the Initial Purchase Consideration by such Investor.

• X Note Proceeds The proceeds of the X Notes will be used to fund: the Issuer Costs and Expenses; part of the Initial Purchase Consideration; and the Liquidity Reserve Fund.

• Each Investor agrees to pay to Company the Initial Purchase Consideration at the Initial Closing, by wire transfer in immediately available funds, pursuant to instructions given by the Company in writing to such Investor at least three (3) Business Days prior to the Initial Closing.

• The Initial Purchase Consideration shall be used by the Company to, directly or indirectly, pay a portion of the purchase price and the costs and expenses in connection with the purchase of the Purchased Securities under the SouFun Subscription Agreement.

More Definitions of Initial Purchase Consideration

Initial Purchase Consideration means $210 million reduced by: (i) the Run- Rate Escrow Amount, and (ii) any Fund Holdback required under Section 1.6(a); provided that amounts payable to SAMI and to Maestro shall be reduced by the amount of the applicable Parent Transaction Fees and Maestro Transaction Fees, respectively.

Initial Purchase Consideration means the amount payable by the Purchaser to the Sellers for the Sale Equity in terms of clause 6.1, before any interest payable thereon;

Initial Purchase Consideration means the consideration payable in accordance with paragraphs 2.1.1 of Schedule 6 'INTELLECTUAL PROPERTY' the intellectual property listed in Schedule 7.

Initial Purchase Consideration means (i) cash (subject to the funding of the escrow specified in Section 3.4 below) payable by wire transfer or delivery of other immediately available funds in the amount of $11,191,000 (the "Initial Cash Consideration"), and (ii) the Initial Share Consideration. As used in this Agreement, "Initial Share Consideration" shall equal that number of shares of common stock, par value $.001 per share, of Parent ("Parent Common Stock") obtained by dividing $8,000,000 by the Purchase Share Price. As used in this Agreement, the "Purchase Share Price" shall equal the average of the closing bid and ask prices for the Parent Common Stock, as reported on the Nasdaq National Market, over the 10 trading days immediately preceding the second day prior to the Closing Date. Payment on the Note shall be made in the form of cash and Parent Common Stock as set forth above.

Initial Purchase Consideration shall have the meaning given to such term in Section 2.2 hereof.

Initial Purchase Consideration means USD 10,000,000 (United States Dollars Ten Million) with the INR equivalent amount computed based on the USD:INR closing offer rate published by the Reserve Bank of India 1 (one) Business Day prior to the Closing Date;

Initial Purchase Consideration means, subject to the Revenue Run-Rate Adjustment and the PBF Adjustment, $120 million.