Payable in cash definition

Payable in cash means by cashier’s check or certified check drawn on a national banking association acceptable to Seller, or by wire transfer of immediately available federal funds (“Immediately Available Funds”). Concurrently, with the execution of this Contract, and as additional consideration for this Contract, Seller and ▇▇▇▇▇ will execute a Disposition and Development Agreement, attached hereto as Exhibit “A” and incorporated herein for all purposes.
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Payable in cash means, in respect of the current dividends on any Disqualified Capital Stock, that such dividends are required to be paid in cash (i.e., only to the extent that NCI is not permitted to exercise any option to have such dividends paid through the delivery of any non-cash consideration, such as through the delivery of shares of capital stock of any class).
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Examples of Payable in cash in a sentence

  • Required Message ALL SWIFT MT 103 TRANSFER INSTRUCTIONS SHALL STATE: FUNDS ARE GOOD, CLEAN AND CLEAR, OF NON- CRIMINAL ORIGIN, FREE FROM ANY LIENS AND ENCUMBRANCES, FREELY TRANSFERABLE AND ARE PAYABLE IN CASH IMMEDIATELY, SAME DAY FOR IMMEDIATE CREDIT UPON RECEIPT BY BENEFICIARYS BANK.

  • ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK”.

  • THE RIGHTS ARE SUBJECT TO REDEMPTION, AT THE OPTION OF THE CORPORATION, AT $.01 PER RIGHT (PAYABLE IN CASH OR OTHER CONSIDERATION) ON THE TERMS SET FORTH IN THE RIGHTS AGREEMENT.

  • FUNDS ARE CLEAN AND CLEAR, OF NON­CRIMINAL ORIGIN, AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEFICIARY'S BANK WITH SAME DAY'S CREDIT.”.

  • LIQUIDATED DAMAGES WILL ACCRUE, AT AN ANNUAL RATE OF 0.25% OF THE AGGREGATE PRINCIPAL AMOUNT OF THE NOTES, ON THE DATE OF SUCH REGISTRATION DEFAULT, PAYABLE IN CASH SEMI-ANNUALLY IN ARREARS ON EACH INTEREST PAYMENT DATE, COMMENCING ON THE DATE OF SUCH REGISTRATION DEFAULT.

  • Required Message : ALL SWIFT MT 103 TRANSFER INSTRUCTIONS SHALL STATE: FUNDS ARE GOOD, CLEAN AND CLEAR, OF NON- CRIMINAL ORIGIN, FREE FROM ANY LIENS AND ENCUMBRANCES, FREELY TRANSFERABLE AND ARE PAYABLE IN CASH IMMEDIATELY, SAME DAY FOR IMMEDIATE CREDIT UPON RECEIPT BY BENEFICIARYS BANK.

  • FUND“ ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEFICIARY’“ BANK”.

  • THE RIGHTS ARE SUBJECT TO REDEMPTION, AT THE OPTION OF THE CORPORATION, AT $.O1 PER RIGHT (PAYABLE IN CASH OR OTHER CONSIDERATION) ON THE TERMS SET FORTH IN THE RIGHTS AGREEMENT.

  • COMPANY HEREBY GRANTS TO PARENT AN IRREVOCABLE OPTION (THE "COMPANY OPTION") TO PURCHASE UP TO 1,974,516 SHARES (THE "COMPANY SHARES") OF COMPANY COMMON STOCK IN THE MANNER SET FORTH BELOW AT A PRICE (THE "EXERCISE PRICE") OF $93.25 PER COMPANY SHARE, PAYABLE IN CASH; PROVIDED, HOWEVER, THAT THE NUMBER OF SHARES ISSUABLE TO PARENT PURSUANT HERETO AND PURSUANT TO SECTION 9.05(e) OF THE MERGER AGREEMENT SHALL NOT EXCEED 19.99% OF THE OUTSTANDING SHARES OF COMPANY COMMON STOCK.

  • Any personal property picked up during said 30 day period shall be charged a $10.00 per day storage fee plus our cost of packing, PAYABLE IN CASH.