Common use of Additional Payments by Purchaser Clause in Contracts

Additional Payments by Purchaser. In addition to the Aggregate Purchase Price, at the Closing, Purchaser shall deliver: (a) Rentals for the Equipment at the aggregate rate for all the Equipment of Eleven Thousand Four Hundred fourteen and 20/100 United States Dollars (USD 11,414.20) per day from (but not including) June 30, to (and including) November 23, 2006, and Four Thousand ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇/▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars (USD 4,110.00) from (but not including November 23, to (and including) the Closing Date; (b) An amount equal to Purchaser’s share of the expenses provided in Section 11(f) of this Agreement. Seller shall provide an estimate of such amount not less than five (5) days prior to the Closing Date; (c) For the avoidance of doubt: (i) the Leases shall continue to apply to the Equipment (except for the amount of rents as provided in Section 9(a)) until the Closing Date, and after December 31, 2006, if the Closing has not occurred by that date; and (ii) if rentals are paid by Purchaser pursuant to Section 9(a) of this Agreement, the rentals stated in the Leases shall not apply up to and including the Closing Date. Nothing in this Article 9 shall be deemed to imply that the rentals do not revert to the rates stated in the Leases if this Agreement is terminated by Seller pursuant to Section 11(i).