Additional Cash Clause Samples

Additional Cash. Additional cash in the amount necessary to pay Buyer's share of closing costs and prorations, as hereinafter set forth;

Additional Cash. After the Closing, Wien (NJ) shall use its commercially reasonable efforts to file a Form SB-2 with the Commission and, within five days of the Commission deeming such form effective, MM2 shall use its commercially reasonable efforts to increase the cash on its balance sheet by $1,100,000 pursuant to the financing documents executed in March 2005.

Additional Cash. The Additional Cash due at Closing by wire transfer of U.S. Federal Funds, cashier's check, cash or by certified check on the Closing Date payable to the Seller.

Additional Cash. Additional cash in the amount necessary to pay Optionee's share of closing costs and prorations, as hereinafter set forth;

Additional Cash. (a) During the period beginning on the date one hundred twenty (120) days following the Effecting Date and ending on the first anniversary of the Effective Time (the "Collection Period"), Evita shall pay to ▇▇▇▇▇▇, or such other Person as ▇▇▇▇▇▇ may direct, within fifteen (15) days following the end of each calendar month (each, a "Collection Month") during the Collection Period, an amount equal to the product obtained by multiplying the Gross AR collected by Evita or Evita Sub (less all reasonable third party collection costs incurred by Evita or Evita Sub in connection with the collection of such Gross AR) ("Collected Accounts Receivable") during each such applicable Collection Month by seventy percent (70%); provided, however, that if such Collected Accounts Receivable relates to advertising sales by ▇▇▇▇▇▇ or its Subsidiaries in connection with the ▇▇▇▇▇▇ Online Business for which ▇▇▇▇▇▇ or its Subsidiaries are not obligated to compensate its inventory partners unless and until ▇▇▇▇▇▇ and its Subsidiaries collect from such advertising customers ("Collected Net AR"), then the amount payable by Evita to ▇▇▇▇▇▇ pursuant to this Section 2.12 with respect to such Collected Net AR shall equal the product obtained by multiplying seventy percent (70%) by the difference of (x) the Collected Net AR, less (y) the Net AP related to such Collected AR. The sum of all payments made to ▇▇▇▇▇▇ under this Section 2.12 shall be referred to as the "Additional Cash." (a) Evita acknowledges and agrees that if, during the Collection Period, it or any of its Subsidiaries should collect or receive any amount from a client with whom Evita or any of its Subsidiaries has an outstanding accounts receivable balance, then such collected amount shall be treated as a Collected Accounts Receivable for which payment shall be made by Evita to ▇▇▇▇▇▇ pursuant to this Section 2.12 if (x) such client designates that its payment is being made against a Gross AR acquired by Evita Sub hereunder or (y) in the absence of any designation by such client, if Evita determines (in accordance with this Section 2.12) that client intends such payment to be made against a Gross AR acquired by Evita Sub. If (a) such client designates that its payment is being made against an account receivable that was not acquired by Evita Sub hereunder, or (b) in the absence of any designation by such client, if Evita determines (in accordance with this Section 2.12) that client does not intend such payment to be made a...

Additional Cash. Seller's cash and cash equivalents.

Additional Cash. Cash, by checks or by wire transfers, in the total amount of Nine Hundred Fifty Thousand Dollars ($950,000) made payable to Company, in six (6) quarterly installments beginning three (3) months after the Closing, as provided below. The unpaid amount described in this paragraph shall bear interest at the Prime Rate, as published in the Wall Street Journal, as adjusted during the term of the obligation, from the Closing Date until paid. The first quarterly installment shall equal $225,000 plus accrued interest, the second, third, fourth and fifth quarterly installment shall equal $158,333 plus accrued interest and the sixth quarterly installment shall equal 91,668 plus accrued interest. If at any time or from time to time Buyer shall be entitled to be paid any amount pursuant to this agreement, Buyer shall be entitled, if it so elects, to set-off such amount against the amount payable under this paragraph 1.2(b). This right of set-off shall be in addition to and not in substitution of any other rights to which Buyer shall be entitled. The obligation described in this paragraph shall be secured pursuant to a Security Agreement in the form of Schedule 1.2(b) (the “Security Agreement”) and Financing Statement UCC-1.

Additional Cash. Additional cash in the amount necessary to pay all Escrow costs and prorations, as hereinafter set forth.

Additional Cash. The parties agree that Additional Cash transferred to the Paying Agent for or on behalf of the Pledgor for the purposes of performing in part or in full, the Existing Bond Cash Settlement shall be and remain deposited with the Paying Agent and shall only be transferred to or on behalf of the bondholders under the Existing Bonds for the purposes of performing in part or in full the Existing Bond Cash Settlement.