Common use of Closing Consideration Clause in Contracts

Closing Consideration. The closing consideration shall be delivered at the Closing as follows: (A) Buyer shall pay to Seller, by wire transfer of immediately available funds, in accordance with (to the extent made available to Buyer) the wire transfer instructions delivered pursuant to Section 1.2, the Initial Cash Payment; and (B) Buyer shall deliver the Initial Stock Consideration issued in book entry form to Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Peizer Terren S), Asset Purchase Agreement (Biovie Inc.)

Closing Consideration. The closing consideration shall be delivered at the Closing as follows: (A) Buyer shall pay to Seller, by wire transfer of immediately available funds, in accordance with (to the extent made available to Buyer) the wire transfer instructions delivered pursuant to Section 1.21.2(b), the Cash Consideration (the β€œInitial Cash Payment”); and (B) Buyer shall deliver the Initial Stock Consideration issued in book entry form to Seller.entry;

Appears in 1 contract

Sources: Asset Purchase Agreement (PTC Therapeutics, Inc.)