Examples of Preliminary Cash Purchase Price in a sentence
The Purchaser has, or shall have at the Closing, sufficient cash on hand or other sources of immediately available funds that together enable it to pay the Preliminary Cash Purchase Price and to otherwise perform all of its obligations under each of the Transaction Documents.
Preliminary Closing Statement; Payment of Preliminary Cash Purchase Price 22 Section 2.06.
The amount of the Preliminary Cash Purchase Price, Closing Debt and/or Adjusted Net Worth not affected by the Objections will be deemed to be final as set forth in the Closing Financials and Computations.
If the Final Closing Statement (as finally determined pursuant to this Section 2.06) shows that an amount is due to the Sellers (because the Preliminary Cash Purchase Price is less than the Final Cash Purchase Price shown on the Final Closing Statement), Buyer shall promptly pay such excess to the Sellers, in cash.
On the Business Day prior to the Closing Date, Purchaser shall prepare in good faith and deliver to the Company a certificate signed by the chief financial officer or other executive officer of Purchaser setting forth (y) the number of MCC Shares issued and outstanding as of the close of business two (2) Business Days prior to the Closing Date, and (z) a - 21 - calculation of the number of MCC Shares to be included in the Stock Purchase Price and the amount of the Preliminary Cash Purchase Price.
The Escrow Agent hereby accepts its appointment as the escrow agent and agrees to hold, administer, invest, and disburse the Preliminary Cash Purchase Price and Escrow Fund (as defined below) in accordance with the terms hereof.
Each Seller hereby agrees to make itself available on the Closing Date to provide the respective Receipt Notification and to coordinate the necessary steps with its bank to provide the respective Receipt Notification once the Preliminary Cash Purchase Price minus the Holdback has been paid.
Any payments made pursuant to Section 2.3(b) and (h) shall be treated as an adjustment to the Preliminary Cash Purchase Price by the Parties for Tax purposes, unless otherwise required by Applicable Law.
Purchaser will have on the Closing Date immediate access to sufficient funds to enable it to pay the Preliminary Cash Purchase Price and Escrow Funds and to consummate the transactions contemplated hereby.
The Sellers hereby agree that the aggregate amount of any Interim Funding provided to the Sellers, together with interest on all outstanding amounts at an annual interest rate equal to 5.75% (from the date of any advance to the Closing Date), shall be deducted from the Preliminary Cash Purchase Price to be delivered by Reuters to MTH, on behalf of the Sellers, pursuant to Section 2.3.11.