Common use of Minimum Sales Price Clause in Contracts

Minimum Sales Price. The term “Minimum Sales Price” shall mean, for each Condo Unit, a sales price of not less than the minimum sales price for such Condo Unit set forth in the applicable Loan Agreement, generally on Exhibit D thereto, plus all charges for upgrades, in accordance with such Loan Agreement.

Appears in 1 contract

Sources: Loan Participation Agreement (Fremont General Corp)

Minimum Sales Price. The term "Minimum Sales Price" shall mean, for each Condo Unit, a sales price of not less than the minimum sales price for such Condo Unit set forth in the applicable Loan Agreement, generally on Exhibit D thereto, plus all charges for upgrades, in accordance with such Loan Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Istar Financial Inc)