Methods of Purchase Sample Clauses

Methods of Purchase. (1) The Homebuyer may achieve ownership when the amount in his EHPA, plus such portion of the NRMR as he wishes to use for the purchase, is equal to the purchase price as shown at that time on his Purchase Price Schedule plus all Inci- dental Costs (‘‘Incidental Costs’’ means the current Authority and HUD approved month- ly allowance for utilities paid for directly by the Homebuyer plus the monthly cost of utilities supplied by the Authority. 3 Change to 25-year period where appro- priate pursuant to § 904.101(b)(3) of this sub- part. Asst. Secry., for Public and Indian Housing, HUD Pt. 904, Subpt. B, App. II costs incidental to acquiring ownership, in- cluding, but not limited to, the costs for a credit report, field survey title examination, title insurance, and inspections, the fees for attorneys other than the LHA’s attorney, mortgage application and organization, clos- ing and recording, and the transfer taxes and loan discount payment if any). If for any rea- son title to the Home is not conveyed to the Homebuyer during the month in which such circumstances occur, the purchase price shall be fixed at the amount specified for such month and the Homebuyer shall be re- funded (i) the net additions, if any, credited to his EHPA subsequent to such month, and
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Methods of Purchase. (1) The home- buyer may achieve ownership when the amount in his EHPA, plus such portion of the NRMR as he wishes to use for the purchase, is equal to the purchase price as shown at that time on his Pur- chase Price Schedule plus all Inci- dental Costs (Incidental Costs mean the costs incidental to acquiring own- ership, including, but not limited to, the costs for a credit report, field sur- vey, title examination, title insurance, and inspections, the fees for attorneys other than the LHA’s attorney, xxxx- xxxx application and organization, closing and recording, and the transfer taxes and loan discount payment, if any). If for any reason title to the home is not conveyed to the home- 1 Change to 25-year period where appro- priate pursuant to § 904.101(b)(3). 2 Under section 234(c) of the National Hous- ing Act, as of the date of publication of this subpart, mortgage insurance for a condo- minium unit in a multi-family project is generally authorized only if the project is currently or has been covered by a mortgage insured under another section of the Na- tional Housing Act. There is, however, a pro- viso which authorizes mortgage insurance for a condominium unit in a multi-family project even though the project is not or has not been covered by such a project mortgage, if the project involves eleven or less units. buyer during the month in which such circumstances occur, the purchase price shall be fixed at the amount spec- ified for such month and the home- buyer shall be refunded (i) the net addi- tions, if any, credited to his EHPA sub- sequent to such month, and (ii) such part of the monthly payments made by the homebuyer after the purchase price has been fixed which exceeds the sum of the break-even amount attributable to the unit and the interest portion of the debt service shown in the Purchase Price Schedule.
Sample 1
Methods of Purchase. (1) The Homebuyer may achieve ownership when the amount in his EHPA, plus such portion of the NRMR as he wishes to use for the purchase, is equal to the purchase price as shown at that time on his Purchase Price Schedule plus all Inci- dental Costs (‘‘Incidental Costs’’ means the costs incidental to acquiring ownership, in- cluding, but not limited to, the costs for a credit report, field survey title examination, title insurance, and inspections, the fees for attorneys other than the LHA’s attorney, mortgage application and organization, clos- ing and recording, and the transfer taxes and tial purchase prices of the Homes by two basic steps, as follows:
Sample 1
Methods of Purchase. The intended Purchase transactions may occur in any of the following manners: The Purchaser may buy projects to be developed and/or offered by the Seller on a re-sale intended basis whereby the difference between the cost price and the re-sale price to the Purchaser’s buyer will be divided 50/50 to each party, or, The Seller may sell to the Purchaser at a fully disclosed “xxxx-up” price of which a part of this xxxx-up ,with mutual agreement by the Parties, may be converted into the acquisition of the project being purchased, but not to exceed 49% The seller and DFD may convert part of their xxxx-up into participation into PSP Common Stock at a price per share with a discounting of 25% of the average Common Stock share closing price within 4 (Four) weeks of trading before the Investment Decision Date. The Purchaser in all cases will provide a bankable financial instrument to provide for the equity portion of the purchase. Master Acquisition Agreement 2nd July 2010
Sample 1

Related to Methods of Purchase

  • Terms of Purchase The closing of the transactions contemplated by Section 10.6 (the "Purchase Closing") shall occur (a) on the Termination Date if this Agreement expires pursuant to the terms of Sections 10.1 and 10.2, or (b) on a date mutually acceptable to the parties hereto that shall be within 180 days after receipt of a Termination Notice. The parties shall enter into an asset purchase agreement containing representations, warranties and conditions customary to a transaction of this size involving the purchase and sale of similar businesses. Subject to the conditions set forth below, at the Purchase Closing, Administrator and/or its Affiliates, as the case may be, shall transfer and assign the Purchase Assets to the Group, and in consideration therefor, the Group shall (a) pay to Administrator, Parent and/or their Affiliates an amount in cash or, at the option of the Group (subject to the conditions set forth below), Parent Common Stock (valued pursuant to Section 10.6(c) hereof), or some combination of cash and Parent Common Stock equal to the Purchase Price and (b) assume the Practice Related Liabilities. The structure of the transaction set forth in this Section 10.7 shall, if possible, be structured as a tax-free transaction under applicable law. Each party shall execute such documents or instruments as are reasonably necessary, in the opinion of each party and its counsel, to effect the foregoing transaction. The Group shall, and shall use its best efforts to cause each shareholder of the Group to, execute such documents or instruments as may be necessary to cause the Group to assume the Practice Related Liabilities and to release Administrator, Parent and/or their Affiliates, as the case may be, from any liability or obligation with respect thereto. In the event the Group desires to pay all or a portion of the Purchase Price in shares of Parent Common Stock, such transaction shall be subject to the satisfaction of each of the following conditions:

  • Calculation of Purchase Price The bank’s ownership interest in a security will be quantified one of two ways: (i) number of shares or other units, as applicable (in the case of equity securities) or (ii) par value or notational amount, as applicable (in the case of non-equity securities). As a result, the purchase price (except where determined pursuant to clause (ii) of the preceding paragraph) shall be calculated one of two ways, depending on whether or not the security is an equity security: (i) the purchase price for an equity security shall be calculated by multiplying the number of shares or other units by the applicable market price per unit; and (ii) the purchase price for a non-equity security shall be an amount equal to the applicable market price (expressed as a decimal), multiplied by the par value for such security (based on the payment factor most recently widely available). The purchase price also shall include accrued interest as calculated below (see Calculation of Accrued Interest), except to the extent the parties may otherwise expressly agree, pursuant to clause (ii) of the preceding paragraph. If the factor used to determine the par value of any security for purposes of calculating the purchase price, is not for the period in which the Bank Closing Date occurs, then the purchase price for that security shall be subject to adjustment post-closing based on a “cancel and correct” procedure. Under this procedure, after such current factor becomes publicly available, the Receiver will recalculate the purchase price utilizing the current factor and related interest rate, and will notify the Assuming Institution of any difference and of the applicable amount due from one party to the other. Such amount will then be paid as part of the settlement process pursuant to Article VIII.

  • Lists of Purchasers Concurrently with the delivery of any Reserve Report to the Administrative Agent pursuant to Section 8.12, a list of all Persons purchasing Hydrocarbons from any Loan Party (or, with respect to Oil and Gas Properties that are not operated by a Loan Party, a list of the operators of such properties).

  • Conditions of Purchases Section 4.1. Conditions Precedent to Effectiveness of this Agreement and Initial Purchase............................................15 Section 4.2. Conditions Precedent to All Purchases and Reinvestments.....15 Section 4.3. Conditions Precedent to Initial Purchase Following the Merger......................................................15

  • Conditions of Purchase The Purchaser's obligation to purchase and pay for the FFELP Loans hereunder by and through the Trustee as of any applicable Loan Purchase Date shall be subject to each of the following conditions precedent:

  • Adjustment of Purchase Price NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS. The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Purchase Price and Number of Shares The number of shares of Common Stock issuable upon exercise of this Warrant (or any shares of stock or other securities or property receivable or issuable upon exercise of this Warrant) and the Purchase Price are subject to adjustment upon occurrence of the following events:

  • Determination of Purchase Price The Securities Administrator will be responsible for determining the Purchase Price for any Mortgage Loan that is sold by the Trust or with respect to which provision is made for the escrow of funds pursuant to this Section 2.03 and shall at the time of any purchase or escrow certify such amounts to the Depositor; provided that the Securities Administrator may consult with the Servicer to determine the Purchase Price unless the Servicer is the Purchaser of such Mortgage Loan. If, for whatever reason, the Securities Administrator shall determine that there is a miscalculation of the amount to be paid to the Trust, the Securities Administrator shall from monies in a Distribution Account return any overpayment that the Trust received as a result of such miscalculation to the applicable Purchaser upon the discovery of such overpayment, and the Securities Administrator shall collect from the applicable Purchaser for deposit to the Securities Account any underpayment that resulted from such miscalculation upon the discovery of such underpayment. Recovery may be made either directly or by set-off of all or any part of such underpayment against amounts owed by the Trust to such Purchaser.

  • Delivery of Purchase Price The Purchase Price for the Securities shall have been delivered to the Company on the Closing Date.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

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