Common use of Purchase Price and Manner of Payment Clause in Contracts

Purchase Price and Manner of Payment. The purchase price (the "Purchase Price") to be paid by ABAG to BAHA for the Property at closing shall be ABAG’s condominium ownership interest in its condominium unit (“ABAG Unit”) located in the MetroCenter, located at 000 Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx 00000 (“MetroCenter”) together with all rights, privileges, easements and appurtenances to or affecting the ABAG Unit, together with (1) all of ABAG's right, title and interest in and to the work stations, office furniture, fixtures, telephone and computer cabling and other equipment installed by ABAG (“ABAG Personal Property”) and (2) all "as-built" plans and specifications and governmental permits and approvals relating to the use and occupancy of the ABAG Unit (“ABAG Intangible Property”). The Purchase Price shall be paid through recordation of deed and execution of other necessary documents through the escrow established pursuant to Section 7 below.