Common use of Disbursement of Purchase Price Clause in Contracts

Disbursement of Purchase Price. At each Closing, Buyer shall disburse an amount equal to the amount of the Purchase Price allocated to the Purchased Securities transferred in connection with such Closing as provided in this Section 2.2(c) and Section 2.2(d) by wire transfer of immediately available funds to the account(s) designated for each such disbursement in the Flow of Funds Memorandum.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (TerrAscend Corp.), Membership Interest Purchase Agreement