Second Closing Purchase Price Sample Clauses

Second Closing Purchase Price. The closing date in relation to the Second Closing Purchase Price shall be the fifth (5 th ) business day after the Actual Effective Date (the "Second Closing Date"). Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Second Closing Date each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Second Closing Notes"). The aggregate Purchase Price of the Second Closing Notes for all Subscribers shall be equal to the Second Closing Purchase Price. The Second Closing Note shall be identical to the Note issuable on the Initial Closing Date except that the maturity date on the Second Closing Note shall be three years after the Second Closing Date.

Second Closing Purchase Price. The purchase price for the Stock purchased on the Second Closing will be such amount that equal twenty percent (20%) of the Updated Enterprise Value of the Company, as reasonably determined based on a valuation to be conducted in Q4 2018 using the same valuation formulas used to set the Enterprise Value for the First Closing (the “Second Closing Purchased Stock Purchase Price”). The Second Closing Purchased Stock Purchase Price is subject to adjustments as set forth in this Agreement. This amount will be paid in connection with the Second Closing.

Second Closing Purchase Price. (Section 2.1): Ninety-Five Million Six Hundred Thousand and 00/100 Dollars ($95,600,000.00) in aggregate consisting of (i) Seventy-Three Million Seven Hundred Thousand and 00/100 Dollars ($73,700,000.00) for the Improved Property and (ii) Twenty-One Million Nine Hundred Thousand and 00/100 Dollars ($21,900,000.00) for the Unimproved Land.

Second Closing Purchase Price. (i) The consideration to be paid to the Sellers at the Second Closing for the Purchased Assets shall be paid among the Sellers as directed by Harl▇▇▇ ▇▇▇or to the Second Closing Date and will consist of 4,400,000 shares of Netzee Common Stock (subject to appropriate adjustment to reflect any stock dividends, stock splits, reverse splits, recapitalizations and similar matters), which constitutes less than twenty percent (20%) of the outstanding Netzee Common Stock as of the date of this Agreement.

Second Closing Purchase Price. For the Second Tranche Notes and the Warrants, CGSY shall deliver to LaSalle a promissory note in the principal amount of $606,000 (the “Second Closing Purchase Price”).

Second Closing Purchase Price. The Second Closing Purchase Price, as adjusted pursuant to Section 2.4(c), and, if applicable, payable as provided in Section 7.5;

Second Closing Purchase Price. On the Second Closing Date, (i) the Investor shall pay the Second Closing Purchase Price to the Company as consideration for the Second Closing Preferred Shares and the Second Closing Warrants to be issued and sold to the Investor at the Second Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions as furnished to the Investor and (ii) the Company shall (A) cause its Transfer Agent through the DTC Fast Automated Securities Transfer Program to credit the Second Closing Preferred Shares to the Investor’s or its designee’s specified account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to the Investor the Second Closing Warrant pursuant to which the Investor shall have the right to acquire up to the Second Closing Warrant Shares, (C) pay to the Placement Agent, by offset from the Second Closing Purchase Price, the portion of the Placement Agent Fee payable on the Second Closing Date, and (D) deliver to the Investor the other documents, instruments and certificates set forth in this Agreement. For clarification purposes, the Second Closing Preferred Shares and the Second Closing Warrants shall be deemed to be issued to the Investor in a single unified transaction and not in separate transactions.

Second Closing Purchase Price. Upon the Second Closing as contemplated by Sections 2.2 , 3.2, 4.1.2, 4.2.2, 4.3.2, and 4.4.2 hereof, Eagle shall be obligated to pay ▇▇▇▇ the sum of $1,200,000 payable as follows: (i) $280,000 ("Cash Payment") in cash or wire transfer of federal funds at the Second Closing; and (ii) the sum of $920,000.00 by delivering to ▇▇▇▇ of a recourse promissory note ("Note") in the form attached hereto as Exhibit L. The Note shall be secured by a first priority deed of trust and security interest ("Deed of Trust") on the Amarillo Property, the Eloy Property, the leasehold interests of Eagle in the Leases for the London Ohio Facility, ▇▇▇▇▇▇▇▇ Arizona Facility, Eloy Arizona Facility, and Lake Station Indiana Facility and the personal property located on the Facilities in the form attached hereto as Exhibit M. The financial terms of the Note are to be as follows: interest at 9% per annum, term of five (5) years from the Second Closing and monthly payments based on a fifteen year amortization of the principal and interest.

Second Closing Purchase Price. The purchase price with respect to the Second Closing (the “Second Closing Purchase Price”) shall be an amount of cash equal to fifty percent (50%) of the Base Purchase Price.