Payment Due at Closing Sample Clauses
The 'Payment Due at Closing' clause specifies that a particular payment must be made at the time the transaction is finalized, typically during the closing meeting or process. This payment could include the purchase price, settlement costs, or other agreed-upon amounts, and is usually required before ownership or rights are officially transferred. By clearly stating when payment is due, this clause ensures that all parties understand their financial obligations and helps prevent disputes or delays in completing the transaction.
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Payment Due at Closing. At the PropCo Closing, PropCo Purchaser shall deliver to Seller the PropCo Purchase Price by wire transfer of immediately available federal funds pursuant to Seller’s written instructions.
Payment Due at Closing. At the Closing, OpCo Purchaser shall deliver to Seller an amount equal to the Estimated OpCo Cash Consideration by wire transfer of immediately available funds pursuant to Seller’s written instructions as provided by Seller in writing to OpCo Purchaser at least three (3) Business Days prior to the Closing Date.
Payment Due at Closing. Seller shall pay the Cash Payment to Purchaser at the Closing by wire transfer of immediately available funds to an account designated in writing by Purchaser. Seller shall prepare and deliver to Purchaser at the Closing a statement (the “Preliminary Settlement Statement”), substantially in the form of Exhibit B hereto and supported by appropriate schedules and exhibits, showing the computation of the Cash Payment.
Payment Due at Closing. At Closing, Buyer shall pay to Seller an amount equal to Fifty Thousand Dollars ($50,000) (the "Purchase Price") less the amount of the Deposit delivered by Buyer to Seller in accordance with Section 4.2 below, in immediately available funds.
Payment Due at Closing. Notwithstanding anything to the contrary in this Agreement, at the initial Closing and each time thereafter that BOFL consummates the sale of Securities with regard to which Placement Agent is due Placement Fees, BOFL shall pay the Placement Agent all Placement Fees and all other amounts payable pursuant to this Agreement, to the extent not previously paid by BOFL.
Payment Due at Closing. At Closing, Buyer shall pay to the Sellers an amount estimated to equal the Purchase Price as determined in Article IV. Such payment shall consist of immediately available funds.
Payment Due at Closing. At Closing, Buyer shall pay to Seller, in immediately available U.S. funds, an amount equal to Two Million Eight Hundred Thousand and No/100 Dollars ($2,800,000,00.00) (the "Purchase Price") less (i) the amount of the Deposit delivered by Buyer to Seller in accordance with SECTION 4.2 below.
Payment Due at Closing. At the Closing, Xceed shall pay the ---------------------- Company (or, if so directed by the Company, the Interestholders, in accordance with their respective ownership interests in the Company as set forth on Schedule A hereto), One Million Dollars ($1,000,000) in cash (or by electronic wire transfer of immediately available funds) and shall place in Escrow certificates representing the shares of Common Stock issuable on the Closing Date.
Payment Due at Closing. At Closing, Buyer shall pay to Seller an amount equal to the estimated Purchase Price as determined in Article IV ("Estimated Purchase Price") less the Reserve as follows:
5.1.1 A note in the form attached hereto as EXHIBIT 5.1.1 in the face amount of $5 million;
5.1.2 At Buyer's discretion, common stock of Building Materials Holding Corporation in an amount up to $1.5 million as provided for in Article VI of this Agreement, and
5.1.3 The balance of the Estimated Purchase Price less the Reserve in immediately available funds and less the amount allocated to the Noncompete Agreement of $200,000 for years two through five.
Payment Due at Closing. At Closing, Buyer shall provide, and Seller shall receive the "PURCHASE PRICE". The Purchase Price is comprised of: (i) Buyer's release and waiver of the Administrative Lease Claim (see SECTION 6.3 below) (the "WAIVED ADMINISTRATIVE CLAIM"); and (ii) $100,000 in cash paid by certified funds or wire transfer on the Closing Date (the "CASH PAYMENT")