PURCHASE PRICE AND EARNEST MONEY Sample Clauses

PURCHASE PRICE AND EARNEST MONEY. 2 Section 1.1 Agreement to Sell and Purchase.......................................................2
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PURCHASE PRICE AND EARNEST MONEY. 3.1 The Parties agree the Purchase Price is USD 6.50 xxxxxxx.
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PURCHASE PRICE AND EARNEST MONEY. (a) The purchase price ("Purchase Price") xxx the Property is One Million Dollars ($1,000,000).
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PURCHASE PRICE AND EARNEST MONEY. 2.1 The purchase price (the "PURCHASE PRICE") xxx xhe Property shall be Five Million and No/100 Dollars ($5,000,000) and shall be payable in the manner set forth in Article III below.
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PURCHASE PRICE AND EARNEST MONEY. The purchase price ("XXXXXASE PRICE") shall be Ten Dollars ($10.00). The Purchase Price takes into account that Buyer will (i) assume the loan, in the original principal amount of $6,480,000, which is secured by a mortgage lien encumbering the Facility (the "SHREVEPORT LOAN"), and (ii) arrange for a credit entity satisfactory to Lender (hereinafter defined) to replace WHSLC Realty, L.L.C. ("WHSLC") as the guarantor under the Shreveport Loan. Simultaneously with, or prior to, its execution of this Contract, Buyer shall pay to the Escrow Agent (as defined in Section 6(a)) the sum of Twelve Thousand Five Hundred Dollars ($12,500) as the earnest money deposit (the "EARNEXX XXXEY"). The Earnest Moxxx xxall be held in exxxxx xending closing. Buyer may, at its option, direct Escrow Agent to invest the Earnest Money in a federally-inxxxxx interest-bearing account designated by Buyer and approved by Seller. All interest which has accrued on the Earnest Money shall be paid to Xxxxx, except that if closing is not consummated, interest on the Earnest Money shall be paid to the xxxxx xntitled to the Earnest Money pursuant to the terxx xxxxof. The Earnest Money shall be applied to txx Xxxxhase Price (with the balance of the Earnest Money returned to Buyer) or xxxxxxise paid to Seller and/or Buyer as provided for herein. 3.
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PURCHASE PRICE AND EARNEST MONEY. 2 3. CLOSINX ............................................................... 3 4. ESCROW ................................................................ 3 5. CONVEYANCE ............................................................ 3 6.
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PURCHASE PRICE AND EARNEST MONEY. The purchase price for the Property (the "Purchase Prxxx") xhall be the amount set forth in Line 5 of the Summary Statement. The Purchase Price, plus or minus prorations and adjustments provided for herein, shall be paid in cash or cash equivalent to Seller on or before 2:00 p.m. (Chicago time) on the Closing Date (as hereinafter defined). On the Date of Agreement, Purchaser shall deposit into the Escrow (as hereinafter defined) cash or certified funds in the amount set forth in Line 6 of the Summary Statement as a non-refundable (except as otherwise provided herein) earnest money deposit (the "Earnest Money"). The Earnest Money shall xx xxxested in accordance wxxx Xxxler's directiox xxx, except as otherwise provided herein, all interest earned on the Earnest Money shall remain the property of and be paid to Seller. Thx xxxx of the investment of the Earnest Money shall be paid from the interest earned thereon before xxxx xxterest is paid out by Title Company. Upon the closing of the transaction contemplated by this Agreement, the Earnest Money shall be paid to Seller and Purchaser shall receive a xxxxxx against the Purchase Price in the amount thereof. If the transaction does not so close, the Earnest Money shall be disbursed in accordance with the terms of thix Xxxxxment.
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PURCHASE PRICE AND EARNEST MONEY. 3.1 The Parties agree the Purchase Price is RMB [12 mxxxxxx], in which the Transferee shall pay RMB 8,476,800 xx Xxrty A, RMB 2,923,200 to Party B, and RMB 600,000 to Party C.
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Related to PURCHASE PRICE AND EARNEST MONEY

  • Purchase Price and Deposit The total purchase price (“Purchase Price”) for the Property shall be an amount equal to $46,010,000.00, payable by Purchaser, as follows:

  • Purchase Price; Deposit (a) The purchase price for the Property is AND 00/100 DOLLARS ($ ) (the “Purchase Price”), payable as follows:

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Purchase Price and Closing Subject to the terms and conditions hereof, the Company agrees to issue and sell to the Purchasers and, in consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Purchasers, severally but not jointly, agree to purchase the Units for an aggregate purchase price of up to $10,000,000 (the “Offering Amount”), at a per Unit purchase price of $4.00 per Unit (the “Purchase Price”). The closing of the purchase and sale of the Units to be acquired by the Purchasers from the Company under this Agreement shall take place at the offices of Xxxxxx & Jaclin, LLP, 000 Xxxxx 0 Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000 (the “Closing”). Subject to the terms and conditions set forth in this Agreement, the date and time of the Closing shall be the Closing Date (or such later date as is mutually agreed to by the Company and Newbridge Securities Corporation (the “Placement Agent”)), provided, that all of the conditions set forth in Article IV hereof and applicable to the Closing shall have been fulfilled or waived in accordance herewith (the “Closing Date”). Subject to the terms and conditions of this Agreement, at the Closing the Company shall deliver or cause to be delivered to each Purchaser (x) a certificate for the number of Preferred Shares set forth opposite the name of such Purchaser on Exhibit A hereto, (y) its Warrants to purchase such number of shares of Common Stock as is set forth opposite the name of such Purchaser on Exhibit A attached hereto and (z) any other documents required to be delivered pursuant to Article IV hereof. At the Closing, each Purchaser shall deliver its Purchase Price by wire transfer to the escrow account pursuant to the Escrow General Agreement (as hereafter defined).

  • Purchase Price and Payment The total Purchase Price for the Property is the amount of the successful bid for the Cabin/Home Site at public auction plus the Maximum Value of the Personal Property.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Purchase Price The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received. The initial principal amount of the related Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans, so computed as of the related Cut-off Date. If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current principal amount of the related Mortgage Loans as of the related Cut-off Date at the weighted average Mortgage Interest Rate of those Mortgage Loans. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid to the Seller by wire transfer of immediately available funds to an account designated by the Seller in writing.

  • Purchase Price Allocation (a) As soon as practicable after the date of this Agreement, Seller shall prepare and deliver to Purchaser a proposed allocation of the Purchase Price by country based on an estimate of the fair market values of the Purchased Assets and, if required by applicable Law, an allocation by asset category within a particular country (together the “Estimated Allocation”). Subject to Section 6.04(a), during the fifteen (15) day period following delivery of the Estimated Allocation, Seller shall make its Representatives reasonably and timely available to Purchaser, Xxxxxx and their respective Representatives to discuss the Estimated Allocation. The Estimated Allocation shall be prepared in accordance with the principles of Section 1060 of the Code and the Treasury Regulations promulgated thereunder. If Purchaser does not deliver written notice of any dispute (an “Allocation Dispute Notice”) within fifteen (15) days after receipt of the Estimated Allocation, the Estimated Allocation shall be deemed the Final Allocation for all purposes hereunder. Prior to the end of such fifteen (15) day period, Purchaser may accept the Estimated Allocation by delivering written notice to that effect to Seller and Xxxxxx, in which case the Estimated Allocation shall be deemed the Final Allocation for all purposes hereunder when such notice is given. If Purchaser delivers an Allocation Dispute Notice within such fifteen (15) day period, the Parties and Xxxxxx shall use reasonable best efforts to resolve such dispute during the thirty (30) day period following Seller’s receipt of the Allocation Dispute Notice from Purchaser. If the Parties and Xxxxxx do not agree upon a final resolution with respect to the Estimated Allocation within such fifteen (15) day period, then the Estimated Allocation shall be submitted immediately to an internationally recognized, independent accounting or valuation firm reasonably acceptable to the Parties and Xxxxxx (the “Allocation Firm”). The Allocation Firm shall be requested to render a determination of the applicable dispute within fifteen (15) days after referral of the matter to such Allocation Firm, which determination must be in writing and must set forth, in reasonable detail, the basis therefor. The determination of the Allocation Firm shall be final and binding, absent manifest error. Any fees payable to the Allocation Firm shall be borne equally by Seller and Purchaser. The Estimated Allocation accepted by the Parties and Xxxxxx or determined by the Allocation Firm, as the case may be, shall be the “Final Allocation”. The Final Allocation shall be done at arm’s length based upon a good faith determination of fair market value.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Purchase Price Payment The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

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