Property Purchase Price. 1.1 Certain Basic Terms.
Property Purchase Price. Buyer shall pay Seller two hundred fifteen thousand dollars ($215,000) (“Purchase Price). The Purchase Price shall be paid by Xxxxx at closing in cash, by a bank cashier’s check, or by wire transfer, in readily available funds into escrow with First American Title Company (The “Title Company”) (Attention: Xxxxxxx Xxxxxxxx, 0000 Xxxxxxx Xxxxxxx, Xxxxxx, XX 00000. Within ten (10) days after the Effective Date of this Agreement, Buyer shall deposit with the Title Company the sum of Ten Thousand Dollars ($10,000) to be held as a nonrefundable xxxxxxx money payment (Xxxxxxx Money). At Closing, this xxxxxxx money shall be disbursed to Seller and credited to the Buyer.
Property Purchase Price. The purchase price for the Property (the “Property Purchase Price”) to be paid by Purchaser shall be the sum of Three Million, Fifty Thousand Dollars and No/100 Dollars ($3,060,000.00) payable by wire transfer of U.S. Dollars (“Good Funds”).
Property Purchase Price. Within 60 days after delivery of the Option Exercise Notice, ELEA and Holtec shall select an MAI appraiser and such appraiser shall determine the fair market value of the land portion of the Property, excluding the value of any improvements, including, but not limited to, the License, or alterations made by Holtec with the consent of ELEA (the “Land Value”). If ELEA and Holtec are unable to agree upon the appraiser, each will select its own MAI appraiser (who shall be paid by that party), and such appraisers shall each independently determine the Land Value. If the lower appraisal is at least 90% of the higher appraisal, the “Land Value” shall be the average of such two appraisals. If the lower appraisal is not at least 90% of the higher appraisal, the two appraisers shall select a third MIA appraiser, and the third appraiser shall determine the Land Value. The cost of either the agreed upon appraiser or the third appraiser shall be shared equally by the parties. The purchase price for the Property (the “Purchase Price”) shall be the greater of (i) $1 million or (ii) the Land Value.
Property Purchase Price. 1.1 As used herein, the term "
Property Purchase Price. Seller agrees to sell and Purchaser agrees to purchase that certain real property located in Chesterfield County, Virginia, with a street address of 000 Xxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxx 00000, and more particularly described as a single-story office and laboratory building consisting of approximately 32,194+/- square (the “Office Building”) situated on a parcel of land containing approximately 4.592 acres (the “Land”), the legal description of which is attached hereto as Exhibit “A”, for the purchase price comprising (a) payment of Three Million Six Hundred Eighty-Five Thousand Dollars ($3,685,000) in cash, plus (b) release (valued at $115,000.00) by Purchaser and American International Biotech, LLC and Xxxxxxxx Laboratories, Inc., affiliates of Purchaser, of any and all claims against Seller, whether or not presently asserted and whether presently known or unknown, from the beginning of time through the date hereof, including specifically but without limitation the claims asserted in Claim No. 21 filed in the Bankruptcy Case (herein defined) (collectively, the “Purchase Price”), and in accordance with the other terms and conditions set forth herein.1 The Office Building and the Land are collectively referred to herein as the “Real Property.”
Property Purchase Price. In connection with the Purchase of a Property, VMRE agrees to pay the Purchase Price (as defined in this Section) for such Property. The purchase price paid for a Property (the “Purchase Price”) shall be determined as follows:
Property Purchase Price. The Seller agrees to sell and the Purchaser agrees to purchase that certain property located in Hall County, Georgia, with a street address of 0000 Xxxxx Xxxx Road, Gainesville, Georgia 30504, and being more particularly described on Exhibit A attached hereto, together with any existing improvements located thereon and any easement rights appurtenant thereto (collectively, the “Property”), for the purchase price of $1,903,000 (the “Purchase Price”) and in accordance with the other terms and conditions set forth in this Agreement. The parties hereto acknowledge and agree that the Property is being purchased in gross and not by the acre.
Property Purchase Price. The total purchase price for the Purchased Property is [Amount in Words] ([₱Amount in Numerals]) Philippine Pesos. This price has been agreed upon based on the current market valuation of the property and includes all rights, titles, and interests in the land, buildings, fixtures, and improvements thereon. The purchase price is exclusive of any other costs or fees associated with the transfer of the property, such as taxes, registration fees, or legal expenses, unless otherwise stated in this Agreement.
Property Purchase Price. In connection with the Purchase of a Property, VMRE agrees to pay the Purchase Price (as defined in this Section) for such Property. The purchase price paid for a Property (the “Purchase Price”) shall be determined as follows: 3.2.1 With respect to a Fee Property, the Purchase Price shall be one hundred percent (100%) of the actual cost of the amount paid by Carvana to purchase the Land, which shall be funded at Closing under this Agreement, plus one hundred percent (100%) of the actual costs incurred by Carvana with respect to the construction of the Improvements (whether New Improvements or Existing Improvements), including all Hard Costs and Soft Costs (but no internal management fee or administrative costs incurred by Carvana or otherwise), which shall be funded pursuant to the applicable Disbursement Agreement, which such amount shall be subject to VMRE’s confirmation, review and approval if such aggregate amount for Property exceeds the applicable Budget (excluding land acquisition costs) after taking into consideration the 15% contingency set forth in the Budget; provided that Improvements constructed after the applicable Closing shall be funded pursuant to the applicable Disbursement Agreement, and all other Improvements shall be funded pursuant to this Agreement; 3.2.2 With respect to a Leasehold Property, the Purchase Price shall be one hundred percent (100%) of the actual costs incurred by Carvana with respect to the construction of the Improvements (whether New Improvements or Existing Improvements), including all Hard Costs and Soft Costs (but no internal management fee or administrative costs incurred by Carvana or otherwise) which such amount shall be subject to VMRE’s confirmation, review and approval if such aggregate amount exceeds the applicable Budget after taking into consideration the 15% contingency set forth in the Budget; provided that Improvements constructed after the applicable Closing shall be funded pursuant to the applicable Disbursement Agreement, and all other Improvements shall be funded pursuant to this Agreement. 3.3
