Payment by the Purchasers Clause Samples
The 'Payment by the Purchasers' clause defines the obligation of buyers to pay the agreed purchase price for goods or services under the contract. It typically outlines when payments are due, acceptable methods of payment, and any conditions or milestones that trigger payment obligations. For example, it may require full payment upon delivery or allow for installment payments based on project progress. This clause ensures that the seller receives timely and predictable compensation, reducing the risk of non-payment and providing financial clarity for both parties.
Payment by the Purchasers. Each of the Purchasers shall be --------------------------------------- prepared to pay the aggregate purchase price for its Purchased Shares and its Warrant.
Payment by the Purchasers. Each Purchaser shall have purchased ------------------------- and paid for the Purchased Shares to be purchased by such Purchaser.
Payment by the Purchasers. Subject to the terms and conditions of this Agreement, at the Closing, the Purchaser hereby agrees to purchase the Shares from the Seller for the Purchase Price. At the Closing, the Purchaser shall pay to the Seller cash in the total amount of the Purchase Price by wire transfer in immediately available funds to such account as the Seller shall designate in writing. The term “Purchase Price” shall mean an amount equal to $2.90 per Share multiplied by the number of Shares being sold by the Seller and the aggregate Purchase Price to be paid by the Purchaser to the Seller for the Shares shall be $3,419,714.80.
Payment by the Purchasers. Subject to the terms and conditions of this Agreement, at the Closing, each Purchaser hereby agrees to purchase for cash the number of Shares set forth opposite his or her name on Exhibit A from the Seller for the Purchase Price to be paid by such Purchaser as set forth on Exhibit A. At the Closing, each Purchaser shall pay the Purchase Price by wire transfer of immediately available funds to such account as the Seller shall designate in writing.
Payment by the Purchasers. Each Purchaser shall have purchased ------------------------- and paid for the Purchased Shares to be purchased by such Purchaser, and the aggregate purchase price paid by the Purchasers for the Purchased Shares being purchased at the Closing shall be $23,697,000.
Payment by the Purchasers. 15 6.4 Waiver................................................................................15 ARTICLE VII INDEMNIFICATION..............................................................15 7.1 Indemnification.......................................................................15 7.2 Notification..........................................................................16
Payment by the Purchasers. The aggregate purchase price (as ------------------------- adjusted, the "Purchase Price") to be paid to the Sellers for the Acquired -------------- Louisiana Assets of BESI, the Acquired Other Assets of BESI and the Acquired Stock is $143,000,000 (subject to any adjustment made pursuant to Section 2.2 ----------- and Article IX) which shall be paid as provided below. On the Closing Date, ---------- Purchasers shall deliver an amount equal to $140,000,000 minus the Estimated ----- Accounts Receivable Amount (the "Cash Portion") in cash in accordance with the ------------ Schedule of Sellers by wire transfer of immediately available funds, and the ------------------- Purchasers shall maintain in an interest-bearing (calculated at the money market rate listed by American National Bank from time to time) book entry account of the Purchasers an amount equal to $3,000,000 (the "Holdback"); provided, -------- -------- however, if the Sellers, in their reasonable discretion, determine that the ------- Holdback is or may be subject to a Lien by any third party then, upon receipt of written notice from the Sellers to such effect, the Purchasers shall deposit the Holdback into an escrow account established by a mutually acceptable escrow agent pursuant to the terms of a mutually acceptable escrow agreement (with terms consistent with this Agreement and the other Transaction Documents). The Holdback shall be available as a non-exclusive remedy for the Purchasers to satisfy any amounts owing to the Purchasers pursuant to Section 2.2 and/or ----------- Section 9.