Closing Date Cash Payment Clause Samples

Closing Date Cash Payment. The Closing Date Cash Purchase Price payable at Closing is being paid in immediately available funds at Closing as follows: (a) the amount of $23,800,000.00, less the amount paid on Seller’s behalf pursuant to Section 2.3.2(c), is being paid by wire transfer to an account that has been designated by Seller at least three Business Days prior to the Closing; (b) the amount of $1,200,000.00, plus $500,000.00, is being paid by deposit in an escrow account with Mellon Bank (the “Escrow Agent”) pursuant to an Escrow Agreement substantially in the form of Exhibit A attached hereto (the “Escrow Agreement”); and (c) Buyer is paying, on behalf of Seller, Seller’s portion of the Tax prorations determined as of the Closing Date pursuant to Section 2.3.5.

Closing Date Cash Payment. The Closing Date Cash Payment;

Closing Date Cash Payment. Subject to adjustment as set forth in Section 2.2, on the Closing Date, the Buyer shall pay to the account of the Seller, an amount (the “Closing Date Cash Payment”) equal to: (i) the Purchase Price, minus (ii) the Indebtedness of the Company Entities as of the Determination Time, minus (iii) the Seller Transaction Expenses. The Seller shall specify such account(s) in writing at least three (3) Business Days prior to the Closing Date.

Closing Date Cash Payment. 4.1(b)(i) Contingent Beds.......................................... 4.3

Closing Date Cash Payment. The amount of cash paid to or on behalf of Sellers at Closing by Buyer (the “Closing Date Cash Payment”) shall, in the aggregate, be equal to (i) the Base Amount plus (ii) the Estimated Adjustment Amount (as defined below) less (iii) the Indebtedness to be Repaid. The amount of cash paid to or on behalf of the Option Holders (collectively) at Closing by Buyer shall be equal to the aggregate of all Option Termination Amounts, as set forth on Schedule 3.2(c)(iii). The term “

Closing Date Cash Payment. A wire transfers of funds to each Seller in an amount that constitutes each Seller's proportionate share, as set forth in SCHEDULE 2.1 hereto (the "Proportionate Share"), of a cash payment in an amount aggregating Two Million Five Hundred Twenty-Six Thousand Two Hundred Thirty-Five Dollars ($2,526,235) (the "Closing Date Cash Payment");

Closing Date Cash Payment. At the Closing, the Purchase Deposit shall be disbursed to Seller, and Buyer shall pay, in cash by wire transfer of immediately available funds, to an account designated by Seller the amount of the Cash Consideration, less the amount of the Purchase Deposit (“Closing Date Cash Payment”).

Closing Date Cash Payment. The Closing Date Cash Payment by wire transfer of immediately available funds to the account or accounts of the Sellers designated by the Sellers no later than two (2) Business Days prior to the Closing;

Closing Date Cash Payment. On the Closing Date, the Buyer shall pay to the Sellers an aggregate amount equal to the Closing Date Cash Payment by wire transfer of immediately available funds to the bank account specified by the Sellers. The Sellers shall specify such account in writing at least two (2) Business Days prior to the Closing Date.