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Facility Amount
Facility Amount contract clause examples

Amount. Subject to the adjustments set forth in Section ‎2.3, in full consideration for the transfer of all of the Shares, at the Closing, the Buyer shall pay or cause to be paid to the Sellers, by bank wire transfer of immediately available funds to accounts designated in writing by the Seller Representative, on behalf of the Sellers, an aggregate amount in cash equal to $15,055,200:

Amount. In full consideration for the transfer of all of the Sale Shares, on Closing, the Buyer shall pay or cause to be paid for the benefit of the Sellers (allocated as set forth in the Funds Flow Statement), by irrevocable electronic wire transfer of immediately available funds to each of the Seller's bank accounts set forth on the Funds Flow Statement, an aggregate amount in cash equal to $29,458,593,45, which is the result of adding # $29,000,000 and # 49% of the Ecuador Minority Shareholder Payment, (i.e. $458,593.45) (the “Purchase Price”).

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