The Purchase Price and Payment Sample Clauses

The Purchase Price and Payment. Purchase Price of the Unit (Including VAT) R Reservation deposit (to be deducted from the Deposit) R50 000.00 (Clauses 6.5 and 19) Deposit R Loan amount R Date on which the Reservation Deposit shall be paid Within 7 (Seven) days of the Signature Date. (Clauses 6.5 and 19) Date on or before which the loan is to be approved Within 30 (Thirty) days of the Signature Date. (Clause 4.1) Date on or before which guarantees for the Purchase Price must be delivered Within 21 (Twenty One) days of the Effective Date. (Clause 6.1) Date by which the Purchase Price (incl VAT) and all other amounts shall be paid On or before the Transfer Date. Estimated initial monthly levy payable to Body Corporate R Estimated initial monthly levy payable to HOA R Estimated rates and taxes R Rent per month or portion thereof R Occupation date The Purchaser shall occupy the Unit against the issuing of the Occupation Certificate by the Project Manager. The estimated Occupation date is 31 July 2017, but it will be subject to the issuing of the said Occupation Certificate. Date after which the Seller will be able to transfer the Unit to the Purchaser After registration of the Sectional Plan and opening of the Sectional Title Register and against payment of all amounts due by the Purchaser. (Clause 16)
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The Purchase Price and Payment. (a) The purchase price payable to the Company by Buyer shall consist of an aggregate cash payment of Two Hundred Fifty Thousand ($250,000) Dollars (the "Cash Payment") Payable at closing.
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The Purchase Price and Payment i. The Aggregate Purchase Price shall be exactly five million four hundred fifty nine five hundred one (5,459,501) shares of common capital stock of Solar Acquisition Corp, par value $0.001 to be distributed directly to the shareholders of Clean Power, Inc, pro rata, as listed under Schedule “B” attached hereto. ii. The Parties agree to cooperate in the filing of all sections under the Internal Revenue Code and under any other applicable taxation legislation, in order to give the required or desired effect to the allocation of the Aggregate Purchase Price.
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The Purchase Price and Payment. 1) The price to be paid by the Purchaser to the Seller for the Purchased Assets will be $30,000.00 USD (the "Purchase Price"). The Purchase Price shall be payable on the Closing Date as follows: i) $30.000.00 USD (the "Purchase Price") paid by wire transfer, certified or bank check at Closing for disbursement according to the Seller's direction. 2) The Parties agree to cooperate in the filing of all sections under the Internal Revenue Code and under any other applicable taxation legislation both Federal, State and Local. The Parties will agree to allocate the Purchase Price among the Purchased Assets for tax purposes in accordance with the allocation schedule attached hereto as Exhibit E (the "Allocation Schedule"). The Parties agree to file all income tax returns in a manner consistent with the Allocation Schedule and to not take any position for income tax purposes that is inconsistent with the Allocation Schedule unless required to do so by applicable law. 3) Each Party shall be responsible for any taxes assessed on such party of any kind, including state and local sales taxes, if any, arising from or in connection with the transaction contemplated hereunder. Each Party hereby indemnifies the other party from and against any liability, loss, expense, interest, and penalties in connection therewith.
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The Purchase Price and Payment. Subject to the provisions of paragraph 2.1(f) above, the Purchase Price shall be four times the Interim EBITDA for the calendar year ended December 31, 2004 reduced by the assumed note obligation related to the Office of Inspector General Interim settlement of $250,000. The Interim EBITDA for the calendar year ended December 31, 2004 agreed to be $288,000 (subject to adjustment as set forth below). The Purchase Price, therefore, is $902,000 (i.e. $1,152,000 - $250,000), subject to adjustment as set forth below. The Purchase Price shall be paid as follows: (i) $518,000 shall be paid in cash at the time of Closing; and (ii) $384,000 (subject to adjustment as set forth below) shall be paid in shares of Wizzard Common Stock that are "restricted securities" under Rule 144 of the SEC, with the value of the Wizzard Common Stock to be based upon the average closing price of the Wizzard Common Stock on the OTC Bulletin Board for the five (5) business days preceding the execution and delivery of this Agreement.
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The Purchase Price and Payment. (a) The purchase price payable to the Company by Buyer shall consist of an aggregate cash payment of Four Hundred Thousand ($400,000.00) Dollars (the “Cash Payment”) Payable at closing. The Purchase Price and Earn-Out Compensation (as defined below) shall be subject to adjustments in Section 2.5; to setoff as set forth in Section 2.6; in Section 2.8 or anywhere else provided for in this Agreement. The Purchase Price and any subsequent payment under this Section may, at the Buyer’s option, be reduced by any amount the Company owes the Buyer. (b) The Cash Payment paid to the Company, after adjustments as set forth herein, shall be the “Purchase Price.” (c) Buyer will pay any sales tax associated with its purchase of the Assets.
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The Purchase Price and Payment. The Aggregate Purchase Price exactly one million five hundred thousand (1,500,000) shares of common stock of Solar Acquisition Corp, to be issued to Solar Teyin, S.L. or its designee upon written request. i. The closing of the purchase and sale of the Company (the "Closing") will take place on the ____ day of February 2011 (the "Closing Date") at the offices of the Seller or at such other time and place as the Parties mutually agree. ii. At Closing: (a) The Purchaser shall provide: (1) Any and all documentation and forms required to sufficiently and legally secure Seller's rights in the stocks or other securities, present and/or future; (b) the Seller shall provide: (1) Duly executed forms and documents evidencing transfer of signing authority and control of all assets listed under Schedule “A” and Schedule “B” attached hereto;
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The Purchase Price and Payment. In exchange for its acquisition of Projuvenol outright, and its acquisition of “Formula T-Rx” and “Formula Vital Female” by assignment of the License, the Purchaser agrees to convey to the Seller and the Shareholder a total of one hundred million (100,000,000) shares of Purchaser’s unregistered restricted common stock. Prior to the Closing, the Seller and Shareholder agree to communicate with the Purchaser, and inform the Purchaser what name, address of record, and tax identification should be used by the Purchaser in issuing the common stock noted herein.
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Related to The Purchase Price and Payment

  • Purchase Price and Payment The total Purchase Price for the Property is the amount of the successful bid for the Cabin/Home Site at public auction plus the Maximum Value of the Personal Property.

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Price and Payment Unless stated otherwise, the Charges are exclusive of value added tax (VAT) or any equivalent sales tax in any applicable jurisdiction. Unless stated otherwise, the Supplier shall invoice for the Charges monthly in arrears and all such invoices shall be accompanied by a statement setting out the Services and/or Goods supplied in the relevant month in sufficient detail to justify the Charges charged. Subject to clause 4.4 below, the British Council shall, unless agreed otherwise by the parties in writing, pay each of the Supplier’s valid and accurate invoices by automated transfer into the Supplier’s nominated bank account no later than 30 days after the invoice is received. Where there is an end client, the British Council shall not be obliged to pay any invoice to the extent that it has not received payment relating to that invoice from the end client. If the British Council fails to pay any sum properly due and payable (other than any sum disputed in good faith) by the due date for payment, the Supplier may charge interest on the amount of any such late payment at the rate of 4% per annum above the official bank rate set from time to time by the Bank of England. Such interest will accrue from the date on which payment was due to the date on which payment is actually made. The parties hereby acknowledge and agree that this rate of interest is a substantial remedy for any late payment of any sum properly due and payable Where the Supplier enters into a Sub-Contract, the Supplier shall: pay any valid invoice received from its subcontractor within 30 days following receipt of the relevant invoice payable under the Sub-Contract; and include in that Sub-Contract a provision requiring the counterparty to that Sub-Contract to include in any Sub-Contract which it awards provisions having the same effect as clause 4.6.1 of this Agreement.

  • Purchase Price and Payment Terms 3.1 The Base Purchase Price for each Aircraft is * . 3.2 The Base Purchase Price shall be adjusted to determine the "Adjusted Base Purchase Price", as follows: 3.2.1 To include the cost of changes to the Customer Specification required by Buyer after the date hereof. 3.2.2 To include the cost of Regulatory Changes pursuant to the terms of Clause 2.3.2, except those paid directly by Buyer. 3.3 The Adjusted Base Purchase Price shall be adjusted to determine the "Purchase Price" to reflect changes in economic conditions * and (iii) the Adjusted Base Purchase Price shall not be adjusted for any period of delay of an Aircraft which is due to * 3.4 Buyer shall pay to Seller the Purchase Price for each Aircraft upon execution by Buyer of the Certificate of Acceptance for such Aircraft, provided, however, that with respect to any Aircraft delivered under a Lease Agreement, Buyer shall pay all amounts specified in the Lease Agreement due upon delivery of such Aircraft. 3.4.1 Subject to the conditions specified herein, the first Aircraft delivered under this Agreement shall be delivered to Buyer under a Lease Agreement. Buyer's obligation to pay the lease rentals due under such Lease Agreement shall be waived until the later of (i) March 1, 1997 or (ii) the date of completion of the J41 modification program currently being performed by Seller on Buyer's existing fleet of Jetstream 41 aircraft (the "Modification Program"), subject to the provisions of Section 3.4.2. 3.4.2 In the event the date of completion of the Modification Program is delayed due to reasons resulting from the acts or omissions of Buyer, the obligation to pay the lease rentals for such Aircraft shall occur on the date the Modification Program would have been completed if such acts or omissions of Buyer had not occurred. 3.5 Upon (i) delivery, acceptance and payment in full of the Purchase Price for each Aircraft in accordance with the terms of this Agreement, or, (ii) execution of a Lease Agreement on the Delivery Date for each Aircraft, * 3.6 All amounts payable by one party to the other pursuant to this Agreement shall be payable in U.S. Dollars in immediately available funds, by Federal Funds transfer or same day book entry transfer to the accounts specified in Exhibit E attached hereto.

  • Price and Payments 4.1. Prices are as stated in NEVION’s acknowledgement. All quotations are on ex works (factory) terms (as defined in INCOTERMS ®2010) and are exclusive of carriage, insurance, VAT or other charges and duties and also exclude any applicable fees or royalties. The price will include the licence fee for the Customer’s right to use any Software where a software licence is included with the Equipment unless otherwise stated in a quote or licence agreement. 4.2. The Customer is responsible for arranging transport and providing NEVION with timeous transport instructions. 4.3. Unless expressly stated in the order confirmation, receipt of payment in full in cleared funds is a condition precedent to NEVION’s obligation to ship Equipment or supply Services under a Contract. 4.4. Where payment terms require a letter of credit to be issued in favour of NEVION, the Customer shall arrange for an unconditional irrevocable letter of credit to be issued, and if required by NEVION, confirmed, by a first class bank or financial institution approved by NEVION and otherwise on terms as NEVION shall specify. 4.5. Where credit terms have been agreed, should the Customer fail to make payment in full by the due date, without prejudice to any other right or remedy available to NEVION, NEVION may: (a) terminate the Contract or suspend any further deliveries (whether under the same Contract or not) in accordance with condition 11; (b) appropriate any payment made by the Customer as it sees fit; (c) charge a monthly fee of 1.5%; (d) charge storage for any undelivered Equipment at its current rates;