PURCHASE PRICE FOR THE STOCK Sample Clauses

The "Purchase Price for the Stock" clause defines the total amount that the buyer agrees to pay to acquire the seller's shares in a transaction. This clause typically specifies the exact price per share or the aggregate purchase price, and may outline the method and timing of payment, such as lump sum or installments. By clearly stating the financial terms of the stock sale, this clause ensures both parties understand their obligations and helps prevent disputes over payment expectations.
PURCHASE PRICE FOR THE STOCK. The total purchase price for the Stock shall be equal to (i) One Hundred Twelve Million Dollars ($112,000,000) LESS (ii) an amount equal to the balance, as of the Closing Date, of (x) the aggregate accreted value of the Company's 11-5/8% Senior Secured Notes due 2000 (issued under that certain Indenture, dated as of October 26, 1995, by and among the Company, certain guarantors and Shawmut Bank Connecticut, National Association) and (y) the outstanding aggregate principal balance of indebtedness for borrowed money (excluding any intercompany indebtedness) that is evidenced by a note, bond, debenture or similar instrument of ▇▇▇▇▇ or its subsidiaries, taken as whole, LESS (iii) accrued interest on the indebtedness referred to in the foregoing clause (ii), PLUS (iv) an amount equal to the sum, as of the Closing Date, of all cash, cash equivalents, marketable securities, bank accounts, certificates of deposit and short term investments (other than Accounts Receivable) of the Company and the Subsidiaries, LESS (v) an amount equal to the net book value (calculated in accordance with GAAP) of the Option Property at the end of the month prior to the transfer of such Option Property by the Company, LESS (vi) an amount equal to the aggregate unpaid obligations, if any, of the Company to any Person (including without limitation any current or former employee, officer, director, consultant, agent, advisor or representative of the Company) with respect to or on account of any severance agreement, severance plan, severance policy, incentive compensation, bonus arrangement, employment agreement, severance benefit agreement, compensation plan, consulting agreement or personal service contract (including without limitation the Company's Long Term Incentive Plan, the Company's Incentive Fee Plan, the Amended and Restated Employment Agreement with ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ and the Amended and Restated Employment Agreement with ▇▇▇▇▇ ▇. ▇▇▇▇) other than any such obligation that relates solely to a termination of employment by the Company after the Closing (or any such termination done at the request of Purchaser prior to the Closing) of any employee of, or any consultant or independent contractor to, the Company other than ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ or ▇▇▇▇▇ ▇. ▇▇▇▇. Each of the foregoing components of the Purchase Price shall be calculated by the Company in a manner reasonably satisfactory to Purchaser and (a) according to GAAP, (b) in a manner consistent with the Company's publicly availab...
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PURCHASE PRICE FOR THE STOCK. On the terms and subject to the conditions set forth in this Agreement, at the Closing, as consideration for the sale, transfer and delivery of the Stock, Buyer shall pay Seller a cash purchase price in the amount of One Hundred Seventeen Million Five Hundred Thousand Dollars ($117,500,000) (the "Purchase Price"), subject to post-Closing adjustment as set forth in Section 1.3 below. All payments made pursuant to Section 1.2 and 1.3 hereof shall be paid via wire transfer pursuant to signed written payment instructions delivered to the party who owes the applicable funds from the party to whom such funds are owed.
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PURCHASE PRICE FOR THE STOCK. The purchase price for the Stock shall be $1,100,000 ($9.92 per share) (the "Purchase Price"), which shall be payable at the Closing by wire transfer of U.S. Dollar funds that will be available not later than the close of business on the next business day after the Closing Date (as defined below) to an account or accounts designated by the Seller or, in the absence of such designation, by certified or bank cashier's checks payable to the order of the Seller.
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PURCHASE PRICE FOR THE STOCK. On the terms and subject to the conditions set forth in this Agreement, at the Closing, as consideration for the sale, transfer and delivery of the Stock, Buyer shall pay Seller a cash purchase price in the amount of One Hundred Twenty Million One Hundred Fifty Thousand Dollars ($120,150,000) (the "Purchase Price"), subject to post-Closing adjustment as set forth in Section 1.3 below. In addition, the Purchase Price will be increased by any severance amounts payable as of January 31, 2000 to employees of the Target Entities in excess of $5 million. Likewise, the Purchase Price will be reduced by the amount that $5 million exceeds the total severance amounts payable as of January 31, 2000 to employees as of the Target Entities. All payments made pursuant to Section 1.2 and 1.3 hereof shall be paid via wire transfer pursuant to signed written payment instructions delivered to the party who owes the applicable funds from the party to whom such funds are owed."
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PURCHASE PRICE FOR THE STOCK. (a) The total consideration to be paid by the Buyer for the Shares shall be Two Million One Hundred Twenty Five Thousand Dollars ($2,125,000) (the "Purchase Price") and shall be payable in the manner described in this Section 1.3, subject to a right of off-set as set forth in Section 1.4. (b) The Purchase Price shall be delivered as follows: (i) at the Closing, by the Buyer to the Stockholders, the amount of One Million Dollars ($1,000,000) (the "Cash Payment"), by cashier's or certified check, or by wire transfer of immediately available funds, to the respective accounts designated by the Stockholders and in the respective amounts set forth opposite such Stockholders' names on Schedule I attached hereto; ---------- (ii) on the dates set forth below, by the Buyer to the Stockholders, certificates representing that number of shares of the Buyer's Common Stock, $.01 par value per share (the "Buyer's Shares"), equal to (x) One Million One Hundred Twenty Five Thousand Dollars ($1,125,000) divided by (y) the ------- Average Closing Price (the "Stock Payment"), to be allocated among the Stockholders in the proportion set forth opposite such Stockholders' names on Schedule I attached hereto and to be distributed in the amounts and at the times ---------- that follow: (A) by the Buyer to all of the Stockholders except ▇▇▇▇ ▇▇▇▇▇▇▇ and/or ▇▇▇▇▇ ▇▇▇▇▇▇▇ on the last day of the sixth month after the Closing Date, certificates representing that number of the Buyer's Shares equal to the proportion of the Stock Payment due to each such Stockholder; (B) by the Buyer to ▇▇▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇▇▇▇ (but not both) on the Closing Date, a Non-Statutory Stock Option Agreement, attached hereto as Exhibit A, for the purchase of that number of the Buyer's Shares equal to the --------- amount of the Stock Payment due to either ▇▇▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇▇▇▇ (but not both). (c) For purposes of this Section 1.3, the "Average Closing Price" shall mean the average closing price of the Buyer's Shares on the Nasdaq National Market during the ten consecutive trading days immediately preceding the execution of this Agreement (excluding the date on which this Agreement is signed). The closing prices of the Buyer's Shares used in such determination shall be subject to appropriate adjustment in the event of a stock split, stock dividend or other recapitalization which becomes effective during such ten-day period, and similarly the Average Closing Price shall be subject to appropriate adjustm...
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PURCHASE PRICE FOR THE STOCK. The aggregate purchase price (the "Purchase Price") for the Stock is Four Hundred Thousand and 0/100 Dollars ($400,000). The Purchase Price shall be adjusted upward or downward, as the case may be, to equal the price set forth in the Fairness Opinion to be obtained by Seller with respect to this Agreement. The payment of any additional amount owed or to be refunded shall occur within ten business days of Seller and Purchaser's receipt of such Fairness Opinion. The Fairness Opinion shall be based on the balance sheet attached hereto as Exhibit 2.10.
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PURCHASE PRICE FOR THE STOCK. The purchase price for the Stock shall be Three Million Two Hundred Thousand Dollars ($3,200,000.00) (“Purchase Price”) which shall be payable pursuant to the terms of the Promissory Note (as defined in Section 1.3 hereof).
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PURCHASE PRICE FOR THE STOCK. The purchase price for the Stock shall be One Million Dollars [$1,000,000] (the "Purchase Price"), of which: (i) Four Hundred Thousand Dollars ($400,000) shall be paid pursuant to the terms of Section 1 hereof; (ii) Two Hundred Thousand 2 Dollars ($200,000) shall be payable in cash at the Closing by wire transfer to an account or accounts designated by Seller or, in the absence of such designation, by certified or bank cashier's checks payable to Seller (the "Down Payment"); and (iii) Four Hundred Thousand Dollars ($400,000) shall be payable pursuant to the terms of the Note (as defined in Section 2.3 hereof).
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PURCHASE PRICE FOR THE STOCK 
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Related to PURCHASE PRICE FOR THE STOCK

  • Payment for the Shares Payment for the Shares shall be made at the First Closing Date (and, if applicable, at the Second Closing Date) by wire transfer in immediately available-funds to the order of the Company. It is understood that the Representatives have been authorized, for their own account and the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Firm Shares and any Option Shares the Underwriters have agreed to purchase. BancBoston ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Inc., individually and not as a Representative of the Underwriters, may (but shall not be obligated to) make payment for any Shares to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the First Closing Date or the Second Closing Date, as the case may be, for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

  • Payment of Purchase Price for the Mortgage Loans In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the "Purchase Price") by transfer of (i) immediately available funds in an amount equal to $25,055,895.92 and (ii) a 3.85% percentage interest in the Class C Certificates, the Class P Certificates and the Class R Certificates (collectively the "Option One Certificates") which Option One Certificates shall be registered in the name of Option One Mortgage Securities Corp. The Originator shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser's counsel, fees of the Rating Agencies requested to rate the Certificates, accountant's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Purchase Price Floor The Company and the Buyer shall not effect any sales under this Agreement on any Purchase Date where the Closing Sale Price is less than the Floor Price. “Floor Price” means $0.25 per share of Common Stock, which shall be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction.

  • Adjustment of Purchase Price and Number of Shares The number of shares of Common Stock issuable upon exercise of this Warrant (or any shares of stock or other securities or property receivable or issuable upon exercise of this Warrant) and the Purchase Price are subject to adjustment upon occurrence of the following events: