Payment Instructions Letter definition

Payment Instructions Letter has the meaning set forth in Section 2.2(a)(i).
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Payment Instructions Letter has the meaning set out in Article 5.2;
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Payment Instructions Letter has the meaning set forth in Section 1.1(b).
Sample 1

Examples of Payment Instructions Letter in a sentence

  • The Company shall have delivered the Payment Instructions Letter together with a certificate signed by the Company certifying that the information set forth therein is true and complete as of the Closing.

  • At the Closing, the Shareholders shall pay out of the Closing Payment (by direction of wire transfer from Purchaser to the designated accounts) all amounts identified in the Payment Instructions Letter, which Shareholder payments will result in a discharge of all Indebtedness and the payment of the Seller Expenses.

  • The Buyer shall also pay the Retained Liabilities on behalf of the Sellers in the amounts and in accordance with the instructions provided in the Payment Instructions Letter, and deposit the Escrow Deposit into the Escrow Account.

  • Without limiting the foregoing, Purchaser agrees that any Company Transaction Expense set forth in the Payment Instructions Letter that is not payable on the Closing Date shall be paid by Purchaser or the Surviving Corporation at the time and in accordance with the instructions set forth in the Payment Instructions Letter.

  • On the Closing Date, in consideration of the transfer of the Shares, the Buyer shall pay the Base Purchase Price as adjusted by the Estimated Working Capital Adjustment and the Estimated Net Cash Adjustment, minus the Retained Liabilities, and minus the Escrow Deposit, (the “Closing Cash Payment”), by wire transfer of immediately available funds in the amounts and to the accounts designated by the Sellers’ Representative in the Payment Instructions Letter.

  • Sellers shall direct Buyer (as set forth in the Payment Instructions Letter) to wire a portion of the Purchase Price to fund the payment of any sale bonuses or change of control payments owed to any employee of any Company in the aggregate amounts set forth on Schedule 7.8 (such amounts to be paid out at or as soon as reasonably practicable after Closing) (and such amounts shall be treated as Seller Expenses and not included in the calculation of Working Capital).

  • Within ten (10) days after Closing, Buyer shall pay (as set forth in such Payment Instructions Letter) the employees of the Companies their prorated accrued annual bonuses relating to periods prior to and through the Closing Date in the amounts set forth on Schedule 7.8 (and such amounts shall be treated as Seller Expenses).

  • The Shareholders’ payments pursuant to the Payment Instructions Letter shall be deemed by all of the Parties to have been paid, and all such amounts shall be deemed to have been satisfied, immediately prior to the Effective Time.


More Definitions of Payment Instructions Letter

Payment Instructions Letter has the meaning set forth in Section 4.1.
Sample 1

Related to Payment Instructions Letter

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • Payment Instructions has the meaning set forth in Section 5.2(a) of the Loan Agreement.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Transfer Agent Instruction Letter means the letter from the Company to the Transfer Agent which instructs the Transfer Agent to issue Underlying Shares pursuant to the Transaction Documents, in the form of Exhibit B attached hereto.

  • Transfer Agent Instructions means, with respect to the Company, the Irrevocable Transfer Agent Instructions, in the form of Exhibit E, executed by the Company and delivered to and acknowledged in writing by the Transfer Agent.

  • Irrevocable Transfer Agent Instructions means, with respect to the Company, the Irrevocable Transfer Agent Instructions, in the form of Exhibit E, executed by the Company and delivered to and acknowledged in writing by the Transfer Agent.

  • Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

  • RBC instructions means the RBC report, including risk-based capital instructions adopted by the NAIC, as the RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Transfer Instructions are the information that you provide when using the Service. “Us,” “We,” and “Our” means Credit Union.

  • Investment Representation Letter As defined in Section 5.02(b).

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Lockup Agreement means a Lockup Agreement in the form of Exhibit C hereto.

  • Service Instructions means such instructions given to the Bank via any Telephone Banking Service;

  • Escrow Instructions has the meaning ascribed to such term in Section 4.3.

  • DTC Representation Letter means the Blanket Letter of Representation from the Issuer and the Paying Agent to DTC which provides for a book-entry system, or any agreement between the Issuer and Paying Agent and a successor securities depository duly appointed.

  • Designation Letter means, with respect to any Designated Subsidiary, a letter in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Wire Instructions To: _____________________________________

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

  • Direct instruction means any instruction given by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code, stipulating how the management company or the investment service provider should exercise the voting rights under given circumstances;

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • Letter of Representations means any applicable agreement among the Corporation, the Depositary and a Global Receipt Depository with respect to such Global Receipt Depository’s rights and obligations with respect to any Global Registered Receipts, as the same may be amended, supplemented, restated or otherwise modified from time to time and any successor agreement thereto.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Designation Agreement means a designation agreement entered into by a Lender (other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in substantially the form of Exhibit D hereto.