Closing Payment Amount Sample Clauses

Closing Payment Amount. At the Closing, Purchaser shall deliver or cause to be delivered to Sellers (and/or one or more of Sellers’ designees), in immediately available funds, the Closing Payment Amount.

Closing Payment Amount. In consideration of the termination ---------------------- of the Distributor Agreement in accordance with Section 1 hereof, at the Closing, Purchaser, for itself and as agent for the Purchasing Subsidiaries, will deliver to Seller, for itself and as agent for the Assigning Subsidiaries, by wire transfer of immediately available funds to such account as shall have been designated by Seller to Purchaser for such purpose prior to the Closing, an amount equal to $5,226,000 (the "Closing Payment Amount").

Closing Payment Amount. The consideration payable by Buyer for the purchase of the Shares and the Additional Assets is One Hundred Twenty-Three Million Dollars ($123,000,000) (the “Purchase Price”). On the Closing Date, Buyer shall pay the Purchase Price to Sellers by wire transfer of immediately available funds as set forth on Schedule 1.2 hereto. The Purchase Price is subject to adjustment as provided in Section 1.3 below.

Closing Payment Amount. The amount payable at the Closing shall be equal to Nine Million Five Hundred Thousand Dollars ($9,500,000), which is an estimate of Book Value at Closing (the "Closing Payment Amount" or "Estimated Closing Book Value").

Closing Payment Amount. 3.2.1 The amount payable at Closing (the “Closing Payment Amount”) shall be the sum of: a. the Base Purchase Price; b. the Estimated Net Debt; c. the Holdback Amount (as defined below).

Closing Payment Amount. The Buyer Parties shall have delivered the payments required pursuant to Section 2.8(a) in accordance with Section 2.8(a);

Closing Payment Amount. On the Closing Date, the Purchaser will pay to the Seller, an aggregate amount equal to (a) the Purchase Price, plus (b) an amount of [****] to settle certain intercompany liabilities owed by the Targets to the Seller, minus (c) the Transaction Expenses Amount, minus (d) the Agreed Hold Back Amount (such net amount equal to US$9,042,565, the “Closing Payment Amount”), by wire transfer of immediately available funds to the bank account of the Seller.

Closing Payment Amount. On the Scheduled Closing Date, Purchaser shall pay to Seller: (a) the Cash Consideration; (b) minus the net amount (in accordance with Section 15.2.1) of any Known Leakage and the Agreed Price; (c) plus the aggregate amount of the contributions into the Company's Group resulting from the Carve-Out Measures ("Contributions"), which shall not be an amount higher than EUR 15 million in the aggregate; (d) plus or minus interest as follows: (i) plus interest in respect of the Cash Consideration from (and including) the Effective Date to (but excluding) the Closing Date; (ii) minus interest in respect of Known Leakage from (and including) the date of the respective Known Leakage to (but excluding) the Closing Date; and (iii) plus interest in respect of Contributions from (and including) the date of the respective Contribution to (but excluding) the Closing Date, in each case calculated at a rate of: SPAExecution Version (iv) 2.0% per annum for any period from (and including) the Effective Date to (and including) the earlier of (A) 31 December 2023 and (B) 30 days after the satisfaction of the Closing Conditions set forth in Sections 9.1.1, 9.1.2, 9.1.3 and 9.1.4 as well as and set forth in Section 9.1.11 (Merger Clearances, Foreign Investment Clearances, Effective Date Financial Statements; Required Financials, Required Notice); (v) 4.0% per annum for any period thereafter; provided that if the Closing Condition set forth in Section 9.1.4 (Required Financials) has been satisfied once but new or additional Required Financials are required to be delivered under Section 18.2.1 the interest rate shall continue to stay at 4.0 %;

Closing Payment Amount. Upon the terms and subject to the conditions set forth in this Agreement, as consideration for the Company Interests, at the Closing, the Buyer shall pay, or shall cause to be paid, to the Sellers an amount equal to the Closing Payment Amount (as calculated by the Company and the Sellers in the Estimated Closing Statement in accordance with Section 2.03(a)) in: (i) cash, by wire transfer of immediately available funds to one or more accounts designated in writing by the Sellers’ Representative to the Buyer at least five Business Days prior to the Closing Date; and (ii) accordance with the Closing Payment Schedule.