Consideration for Conveyance. Section 2.1.
Consideration for Conveyance. For and in consideration of the conveyance to WSC of the QuickVerse Product Line Assets, WSC shall:
Consideration for Conveyance. The Agency shall convey the Property to the County in consideration for the County’s binding obligation to cause the development of the Parcels in accordance with the terms and conditions of the MOA, the Implementation Agreement, the Base Reuse Plan and the Redevelopment Plan, plus the sum of One Dollar ($1.00) per Parcel.
Consideration for Conveyance. SECTION 2.1 The Purchase Price (herein so called) to be paid by Purchaser to Seller for the Property shall be $17,000,000.00 payable in cash by certified or wired funds at Closing (as hereafter defined).
Consideration for Conveyance. SECTION 2.1 The Purchase Price (herein so called) to be paid by Purchaser to Seller for the Property shall be the sum of $60.00 multiplied by the number of square feet contained within the boundaries of the Property as determined by the Survey (as hereinafter defined). The Purchase Price shall be payable in cash or other immediately available funds at Closing (as hereafter defined).
Consideration for Conveyance. The purchase price for the Property (the "Purchase Price") is Six Million and 00/100 ($6,000,000.00) Dollars. Purchaser shall pay the Purchase Price to Seller on the Closing Date (as defined below), plus or minus all adjustments or credits as set forth herein, by wire transfer of immediately available federal funds. Purchaser shall assume the Seller’s existing loan with Centreville Bank. Xxxxxx currently has a mortgage loan with Centreville Bank secured by the Property and this transaction is contingent on Centreville Bank releasing Seller and any guarantor from liability thereunder. Purchaser shall be responsible to pay all fees related to the assignment. Xxxxxxxxx agrees to assume the existing mortgage balance in in the approximate amount of $3,538,825.00 and pay the balance to Seller by wire transfer at the time of delivery of the deed. Interest on the existing loan shall be prorated to the date of closing. Purchaser(s) agrees to assume and reimburse Xxxxxx’s escrow subject to any lender requirements. Xxxxxx agrees that the loan will be current at the time of closing.
Consideration for Conveyance. Section 3.1 Subject to the terms, conditions and provisions herein contained, Purchaser agrees to pay, and Seller agrees to accept, as consideration for the conveyance of the Property, the sum of NINETEEN MILLION SIX HUNDRED THOUSAND AND NO/100 DOLLARS ($19,600,000.00) (the “Purchase Price”), which shall be payable in cash at the Closing. Prior to or at the consummation of the Closing, Purchaser shall deliver to Title Company cash in an amount equal to the Purchase Price less the Exxxxxx Money plus any expenses due to be reimbursed by Purchaser to Seller hereunder as further adjusted by any other credits and prorations provided for herein. The balance of the Purchase Price shall be paid at Closing by wire transfer of immediately available federal funds, transferred to the order or account of the Title Company. Escrow Agent will, at the direction of the Title Company, wire the Exxxxxx Money to the Title Company on the date of Closing.
Consideration for Conveyance. Section 3.1 Subject to the terms, conditions and provisions herein contained, Purchaser agrees to pay, and Seller agrees to accept, as consideration for the conveyance of the Property, the sum of THIRTY NINE MILLION NINE HUNDRED THOUSAND AND NO/100 Dollars ($39,900,000.00) (the “Purchase Price”), which shall be payable in cash at the Closing.
Consideration for Conveyance. The Purchase Price (herein so called) for the Property is and shall be the sum of Five Hundred Fifteen Thousand Five Hundred Twenty Four and No/100 Dollars ($515,524.00), which shall be due and payable all cash at the Closing (hereinafter defined), plus one-half (1/2) of the principal balance of the Loan (hereinafter defined) on the Closing Date. In addition, Purchaser shall assume the unpaid principal balance of that certain promissory note ("Note") executed by Purchaser and Seller to the lender named therein ("Lender"), secured by that certain mortgage and other loan documents of even date with the Note ("Loan Documents") presently of record and encumbering the Property (collectively, the "Loan"), plus any and all fees and expenses required for the assumption of the Loan.
Consideration for Conveyance. Section 3.1 Subject to the terms, conditions and provisions herein contained, Purchaser agrees to pay and assign to Seller, and Seller agrees to accept, as consideration for the conveyance and sale of the Property, (a) the sum of Sixty-Four Million Four Hundred Fifty Thousand and No/100 Dollars ($64,450,000.00) (the "Purchase Price"), which shall be due and payable at Closing in immediately available funds:
