Examples of Additional Purchase Price in a sentence
In order to determine if an Additional Purchase Price is required, the Agency shall be permitted to audit the Development Cost of the Project upon advance written notice to the Developer within sixty (60) days following Completion.
Upon a determination that a costs savings has been realized by the Developer as to the actual Development Costs (i.e., the actual Development Costs are less than the Development Costs estimated and set forth in the Project Budget, Attachment No. 7), the Developer shall be required to pay to the Agency as the Additional Purchase Price the entire amount of the cost saving within thirty (30) days following written notification by the Agency to the Developer requesting such Additional Purchase Price payment.
There shall be no interest payable with respect to the payment of the Additional Purchase Price.
The Settlement shall take place on the earliest agreed upon date prior to the Outside Date (the “Settlement Date”), at the Forest Park Water Treatment Plant located at 000 Xxxx Xxx, Xxxxxxxx, XX 00000 or such other location mutually agreed upon by the Parties, conditioned upon the AUTHORITY obtaining financing on commercially reasonable terms sufficient to pay the Base Purchase Price and the Additional Purchase Price.
The Maker may prepay to the Agency the full Note Amount, together with all accrued and unpaid interest thereon at the rate set forth herein, at any time prior to the Note Maturity Date without penalty; provided Maker shall remain obligated to pay the Additional Purchase Price, if any, as such sums would otherwise become due.