The Purchase Price Sample Clauses
The Purchase Price. If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.
The Purchase Price. Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.
The Purchase Price. The purchase price of the Shares shall be $0.885 per share (the "Warrant Price").
The Purchase Price. Subject to and upon the terms and conditions of this Agreement, in consideration for the aforesaid sale, conveyance, assignment, transfer and delivery of the Shares at the Closing, Purchaser Parent shall:
(a) pay to Sellers cash in the amount of Six Million Dollars ($6,000,000.00) (the "Cash Purchase Price"), which Cash Purchase Price shall be paid by Purchaser Parent to Sellers at the Closing (in the amount set forth next to such Seller's name on Exhibit A attached hereto) by wire transfer of immediately available funds to such account as Sellers shall, not less than one (1) business day prior to the Closing Date (as defined below), designate in writing to Purchaser;
(b) deliver to Sellers three promissory notes (or such other consideration mutually agreeable to the parties) in the aggregate principal amount of $525,000.00, each in the amount set forth next to such Seller's name on Exhibit A attached hereto in substantially the form attached hereto as Exhibit D (each a "36 Month Note" and collectively, the "36 Month Notes"); and
(c) deliver to Sellers three promissory notes (or such other consideration mutually agreeable to the parties) in the aggregate principal amount of $725,000.00, each in the amount set forth next to such Seller's name on Exhibit A attached hereto in substantially the form attached hereto as Exhibit E (each a "12 Month Note" and collectively, the "12 Month Notes" and together with the 36 Month Notes, the "Notes"), which Notes shall not be transferable to any third party without the prior written consent of Purchaser Parent (which shall not be unreasonably withheld), except for transfers to affiliates of Parent. The "Purchase Price" shall consist of the Cash Purchase Price, the principal amount of the 36 Month Notes and the principal amount of the 12 Month Notes. Purchaser, Purchaser Parent and Sellers each acknowledge that the above Purchase Price will represent the fair market value of the Shares at the time of Closing as determined as a result of arm's length negotiation.
The Purchase Price for each Unit of Preferred Stock pursuant to the exercise of a Right shall initially be $25.00, shall be subject to adjustment from time to time as provided in Sections 11 and 13 hereof and shall be payable in lawful money of the United States of America in accordance with paragraph (c) below.
The Purchase Price. The purchase price for the Property is Eleven Million Seven Hundred Ninety Thousand and 00/100 Dollars ($11,790,000.00) (the “Purchase Price”), and shall be paid to Seller by Purchaser as follows:
(a) Purchaser shall fund a deposit for the purchase of the Property by depositing the amount of Four Hundred Thousand and 00/100 Dollars ($400,000.00) with Fidelity National Title Insurance Company, 0000 Xxxx Xxxxxx, Xxxxx 000, Xxxxxxx Xxxxx, Xxxxxxxxxx, 00000, Attn: Xx. Xxxxxxx Xxxxxxxxx, Telephone: (000) 000-0000, Facsimile: (000) 000-0000, e-mail: [email protected] (“Title Company”) as an xxxxxxx money deposit (the “Deposit”) within one (1) business day of the Effective Date (as hereinafter defined). The Deposit shall be held in an interest bearing account for the benefit of Seller and Purchaser. The Deposit, plus interest, shall be applicable to the Purchase Price at Closing. The Title Company shall hold and disburse the Deposit in accordance with the provisions of this Agreement. If Purchaser fails to deliver the Deposit to the Title Company within the time period provided in this Section 3(a), then Seller shall have the option to terminate this Agreement by sending written notice to Purchaser within ten (10) days after the due date thereof. Provided no proper termination has occurred pursuant to the terms of this Agreement, upon expiration of the Due Diligence Period, subject to the terms of this Agreement, the Deposit, plus interest, shall be non-refundable to Purchaser and shall be applicable to the Purchase Price. In the event escrow fails to close other than as a result of Purchaser’s default the Deposit shall be refundable to Purchaser subject to the terms of Section 16(a) below.
(b) The balance of the Purchase Price over and above the amounts paid by or credited to Purchaser pursuant to Section 3(a) shall be paid to Seller by wire transfer of immediately available funds at the Closing (as that term is defined in Section 13 below), net of all prorations as provided herein.
(c) The cost of the Additional Improvements A as defined in Section 9(g) below is included in the Purchase Price. The cost of the Additional Improvements B as defined in Section 9(g) below is not a part of the Purchase Price and shall be deposited by Purchaser in Escrow at Closing subject to the terms of the Escrow Holdback Agreement as defined in Section 8(c) below.
The Purchase Price. Payment of the Purchase Price as provided in Section 1.3;
The Purchase Price. At the Closing, the Buyer shall purchase the Purchase Shares for a purchase price equal to $2.62 per Purchase Share (the “Purchase Price”), which shall be paid to the Company by the Buyer.
The Purchase Price. The Purchase Price to be paid by Buyer to ------------------ Seller for the Property shall be Eight Million Six Hundred Twenty-Seven Thousand One Hundred Ninety-Eight and 40/100 Dollars ($8,627,198.40).
The Purchase Price. The Purchase Price.