Common use of Additional Delivery Clause in Contracts

Additional Delivery. In consideration of the purchase by the Company of the Note for the Note Price, and the purchase by the Seller of the Purchased Stock for the Stock Price, the Company hereby pays to Seller by wire transfer of immediately available funds to an account of the Seller, the receipt of which is hereby acknowledged, the difference between the Note Price and the Stock Price (i.e. $226,323, referred to herein as the "Purchase Price").

Appears in 1 contract

Sources: Note and Common Stock Purchase Agreement (Acclaim Entertainment Inc)

Additional Delivery. In consideration of the purchase by the Company of the Note for the Note Price, and the purchase by the Seller of the Purchased Stock for the Stock Price, the Company hereby pays to Seller $1,282,000 in cash by wire transfer of immediately available funds to an account of the designated by Seller, the receipt of which is hereby acknowledged, representing the difference between the Note Price and the Stock Price (i.e. $226,323, referred to herein as the "Purchase Price").

Appears in 1 contract

Sources: Note and Common Stock Purchase Agreement (Acclaim Entertainment Inc)

Additional Delivery. In consideration of the purchase by the Company of the Note for the Note Price, and the purchase by the Seller of the Purchased Stock for the Stock Price, the Company hereby pays to Seller by wire transfer of immediately available funds to an account of the Seller, the receipt of which is hereby acknowledged, the difference between the Note Price and the Stock Price (i.e. $226,323636,927, referred to herein as the "Purchase Price").

Appears in 1 contract

Sources: Note and Common Stock Purchase Agreement (Acclaim Entertainment Inc)