Common use of Closing Date Payments Clause in Contracts

Closing Date Payments. At the Closing, (a) Buyer shall pay to Sellers cash by wire transfer of immediately available funds in an amount equal to (i) the Cash Consideration minus (ii) the Deposit minus (iii) the GoB Escrow Amount minus (iv) the IP Escrow Amount and (b) Sellers shall direct the Deposit Escrow Agent to indefeasibly transfer the Deposit to an account designated by Sellers.

Closing Date Payments. At the Closing, (a) Buyer shall pay to Sellers cash by wire transfer of immediately available funds in an amount equal to (i) the aggregate of the Cash Consideration and the Inventory Purchase Price minus the Minimum Deposit (ii) the Deposit minus (iii) the GoB Escrow Amount minus (iv) the IP Escrow Amount “Closing Date Payment”), and (b) Sellers and Buyer shall direct the Deposit Escrow Agent to indefeasibly transfer the Minimum Deposit to an account designated by Sellers.

Closing Date Payments. At the Closing, (a) Buyer shall (i) pay and deliver to Sellers cash Seller, by wire transfer in Good Funds, the Base Purchase Price less the Deposit (and interest accrued thereon), and (ii) instruct the Deposit Escrow Agent in writing to deliver the Deposit (and any interest accrued thereon) to Seller, by wire transfer of immediately available funds in an amount equal to (i) the Cash Consideration minus (ii) the Deposit minus (iii) the GoB Escrow Amount minus (iv) the IP Escrow Amount and (b) Sellers shall direct the Deposit Escrow Agent to indefeasibly transfer the Deposit to an account designated by SellersGood Funds.

Closing Date Payments. At the Closing, (a) Buyer shall pay to Sellers cash by wire transfer of immediately available funds in an amount equal to (i) the Cash Consideration minus (ii) the Deposit minus (iii) the GoB Escrow Amount minus (iv) the IP Escrow Amount and (b) Sellers shall direct the Deposit Escrow Agent to indefeasibly transfer the Deposit to an account designated by Sellers.