Allocable Purchase Price definition
Examples of Allocable Purchase Price in a sentence
Annex C -- List of the Seller, Buyers and BV Companies and BV Allocable Purchase Price.
The Purchaser shall deliver to the Seller the Allocable Purchase Price of the applicable Property as provided in Section 3.3.
At each Closing, the Allocable Purchase Price for each Property being purchased shall be payable by wire transfer of immediately available funds on the applicable Closing Date to an account or accounts to be designated by the Seller prior to such Closing, subject to any adjustments and apportionments made pursuant to Section 9.1 of this Agreement.
At the Closing of each Development Tower, [***] shall pay an amount (the “Closing Date Payment”) equal to the Allocable Purchase Price minus the total amount of Milestone Payments paid in accordance with Section 2(c) of this Agreement (it being understood that the Fifth Milestone Payment shall not be required to be paid to the Developer until the Closing in accordance with Section 2(c)).
If the termination is only with respect to the affected Property, the Purchase Price shall be reduced by an amount equal to the Allocable Purchase Price for such Property.