Appraised Price definition
Examples of Appraised Price in a sentence
Should the Appraised Price exceed the School District’s 15% share of the Aquatics Base, upon completion of the Aquatics Facility the City will make a cash contribution to the School District equal to the difference between the Appraised Price and the 15% share.
The City and the School District agree that the Appraised Price of the Land is $3,180,000.
The Purchaser and the Sellers agree to engage Beijing Jingdu Zhongxin Assets Valuation Co., Ltd., a partner of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, to appraise owners' equities of the Operation Company for the purpose of determination of the Appraised Price.
The costs incurred in connection with performance of such appraiser shall be borne as follows: (i) if the Appraised Price is equal to or less than the Offered price, such costs shall be borne by Peskaitis; (ii) if the Appraised Price is greater than the Offered Price but not more than 110% of the Offered Price, such costs shall be split equally between Peskaitis and Buyer; and (iii) if the Appraised Price is more than 110% of the Offered Price, such costs shall be borne by Buyer.
Quarter-time position: $115 Living Allowance Stipend twice per month while in service (total $3,000).
Such appraiser must perform such valuation within ten (10) days thereafter (the price as so determined, the "Appraised Price").
In the event the Company exercises its rights to purchase a terminated Management Shareholder’s Common Stock under Section 5.1(a) above, the Appraised Price shall be paid to such Management Shareholder in three equal annual installments, plus interest at an annual rate of 7%.
The Members agree to have a determination made of the Appraised Price within the time periods set forth in Section 1.9.
The aggregate purchase price for the Shares shall be the Appraised Price determined by an independent appraiser mutually appointed by the Purchaser and the Sellers (the "Purchase Price").
In the event that more than one Member wants to purchase any or all of the assets of the Company for the Appraised Price, then such assets shall be sold to the Member willing to pay the highest cash price for such assets.