Examples of Purchase Price Interest in a sentence
Purchasers shall not be entitled to exercise a right of set-off (Aufrechnung) or retention (Zuruckbehaltungsrecht) with respect to its obligations to pay the Purchase Price and Purchase Price Interest or to make any other payments under this Agreement, unless Purchasers' claim on which Purchasers have based their right of set-off or retention has been acknowledged by Sellers in writing or has been determined by a final and non-appealable court judgement or arbitral award, as the case may be.
If Purchasers fail to pay the Purchase Price or the Purchase Price Interest on the Closing Date, with value (Wertstellung) prior to 5:00 p.m. Central European Time or to make any other payment when due under this Agreement, interest at the rate of 600 basis points above EURIBOR as from and including the relevant due date until, and including, the date of payment shall become due and payable on the relevant due date, without prejudice to any other rights and remedies of Sellers arising from such failure.
Except for the Holdback Escrow Amount and the Down Payment all payments owed by Purchasers to Sellers under this Agreement, including the Purchase Price and the Purchase Price Interest, shall be paid by Purchasers in immediately available funds free of any charges, taxes or other deductions by wire transfer to Sellers' bank account, the details of which will be notified in writing by the Sellers to Purchasers at the latest five (5) Business Days prior to the Closing Date ("SELLERS' ACCOUNT").
The proceeds of the issue of the Class B Notes shall be used: (i) to pay a part of the Initial Purchase Price Principal Component relating to the Initial Receivables Portfolio not funded through the proceeds of the Class A Notes; (ii) the Initial Purchase Price Interest Component relating to the Initial Receivables Portfolio; and (iii) towards the funding of the Initial Cash Reserve Amount.
Purchase Price; Interest The purchase price for the Premises shall be One Million Two Hundred and Fifty Thousand and 00/100 ($1,250,000.00) Dollars (“Purchase Price”), which shall be paid to the Seller at closing by the Town by Town treasurer’s check, attorney’s IOLTA check, or by wire transfer of immediately available funds, at Buyer’s discretion.
The following terms shall have the meanings given to them in the terms and conditions of the Notes: Purchase Price, Interest Payment Date, Interest Amount, Class D Deferred Interest, Deferred Interest, Maturity Date, Class D Notes, Class D Note Redemption Price, Withholding Tax Event, Optional Redemption Amount, Optional Redemption Date, Amortisation Date and Payment Date.
On the Closing Date, Purchasers shall pay the Payment Amount (minus the Down Payment if already paid in accordance with Section 4.3a) and the Purchase Price Interest into the Sellers' Account (as defined in Section 4.7) pursuant to Section 5.4.1.
Except for the Holdback Escrow Amount and the Down Payment all payments owed by Purchasers to Sellers under this Agreement, including the Purchase <PAGE> 15 Price and the Purchase Price Interest, shall be paid by Purchasers in immediately available funds free of any charges, taxes or other deductions by wire transfer to Sellers' bank account, the details of which will be notified in writing by the Sellers to Purchasers at the latest five (5) Business Days prior to the Closing Date ("SELLERS' ACCOUNT").
The Parties agree that the Purchase Price and the Purchase Price Interest shall be allocated to the Demedis Shares and the Shareholder Loan as set out in Exhibit 4.4.