Common use of Purchase Price for Transferred Units Clause in Contracts

Purchase Price for Transferred Units. In consideration for the Transferred Units, Metaldyne shall pay to Seller, at the Closing, $20,000,000 by wire transfer of immediately available funds to the account designated by Seller on Schedule 3.2.

Appears in 2 contracts

Sources: Joint Venture Formation Agreement (Metaldyne Corp), Joint Venture Formation Agreement (Metaldyne Corp)