Common use of Satisfaction of Consideration Clause in Contracts

Satisfaction of Consideration. The Consideration shall be satisfied on Completion: (a) by the payment to the Sellers in cash of £26,750,000 in accordance with paragraph 1 of part 3 of schedule 2; and (b) by the payment to the Escrow Account of the Retained Consideration in cash in accordance with the provisions of paragraph 1.2 of Part 3 schedule 2.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Sally Beauty Holdings, Inc.)