Asset Purchase Price definition

Asset Purchase Price as used herein shall mean (i) all amounts due under the Promissory Note and the other Loan Documents including the Working Capital Reserve, plus (ii) an amount which, when combined with all Option Payments made pursuant to Section 2(b) of the Option Agreement equals $250,000, plus (iii) the aggregate amount of all Advances and all other Obligations due and payable by Lessee or the Member to BCC or a BCC Affiliate through the closing date (exclusive of the Management Fee). All Advances and all other Obligations due and payable by Lessee or the Member to BCC or a BCC Affiliate through the closing date of the asset purchase shall be payable from the Asset Purchase Price to BCC or the BCC Affiliate, as appropriate. Lessee and Member agree that if the Asset Purchase Option is exercised, at the time of the closing of the Asset Purchase Option, any amounts due under the Promissory Note, and all other sums due Lender in connection therewith, shall be paid to Lender from the Purchase Price.
Asset Purchase Price is defined in Section 3.1(a).
Asset Purchase Price has the meaning set forth in Section 3.7(a).

Examples of Asset Purchase Price in a sentence

  • All Advances and all other Obligations due and payable by Lessee or the Member to BCC or a BCC Affiliate through the closing date of the asset purchase shall be payable from the Asset Purchase Price to BCC or the BCC Affiliate, as appropriate.

  • In addition, Assets shall include Seller’s Slow-Moving Inventory, provided that, for purposes of calculating the Asset Purchase Price, any Slow-Moving Inventory included in the Assets will be valued at sixty percent (60%) of the applicable Seller’s actual cost.

  • After receipt of the promissory note at the end of its term in 2020 WEPC will be wound down.According to the Asset Purchase Price Agreement between WELP and WEPC, if the aggregate amount of the design-build costs to the Final Acceptance Date is less than $635,120,000, WELP will pay WEPC an amount equal to the lesser of a) the amount by which the design-build costs are less than $635,120,000 and b) $20,000,000.

  • All amounts paid, or caused to be paid, by one Party or its Affiliates to another Party or its Affiliates pursuant to this Agreement (other than interest in accordance with Section 7.11 hereof, but including amounts payable under Article VIII hereof) shall be treated by the Parties as an adjustment to the Gross Asset Purchase Price or Gross Equity Purchase Price, as applicable, to the extent permitted by Law.

  • Buyer shall pay to Metal Links as consideration for the Facility the sum of One Million Three Hundred Thousand Dollars ($1,300,000) (the “Facility Purchase Price” and collectively with the Asset Purchase Price, the “Purchase Price”).


More Definitions of Asset Purchase Price

Asset Purchase Price. With respect to any Property, the price paid to purchase such Property from the applicable third-party on the related Acquisition Date by the related Borrower (or with respect to any Property contributed to a Borrower and listed on the Purchase Price Spreadsheet, the price set forth therein as the purchase price of such Property), which amount shall include (a) out-of-pocket sales commissions to third party brokers or, if a Silver Bay Affiliate was the broker, an amount in lieu of sales commissions representing such entity’s overhead costs allocable to the sale to the extent such Silver Bay Affiliate is permitted under Applicable Laws to the extent permitted by GAAP to increase the Borrower’s basis in such Property, in any case not to exceed $2,000 per Property, (b) actual out-of-pocket costs and expenses incurred by the related Borrower in connection with the acquisition by such Borrower of such Property (without duplication of any commissions or other amounts described in clause (a) above) and the taking of possession of such Property (for example costs to pay off liens existing on the Property at the time of its acquisition by such Borrower and costs to evict any tenants in possession on the Property at the time of its acquisition by such Borrower, in all such cases, subject to the reasonable satisfaction of the Agent as to appropriateness and amount, prior to the initial Advance made with respect to such Property) and to the extent permitted by GAAP to increase the Borrower’s basis in such Property and (c) if such Property is a Stabilized Property, actual out-of-pocket costs and expenses incurred by the related Borrower in connection with the renovation and repair of the related Property (in all such cases, subject to the reasonable satisfaction of the Agent as to appropriateness and amount, prior to the initial Advance made upon such Property becoming a Stabilized Property) and to the extent permitted by GAAP to increase the Borrower’s basis in such Property.
Asset Purchase Price shall have the meaning as defined in SECTION 2.1.
Asset Purchase Price means the purchase price paid by you for an Asset (by electronic funds transfer, once-off debit against or collection from your cheque or current account, or redemption of a Voucher).
Asset Purchase Price means, with respect to any Property, (i) the Borrower-Related Party’s offer price for such Property that has been accepted by the related Transferor minus (ii) the sum of (A) the Borrower-Related Party’s service fee, which shall be based on a percentage of such offer price, (B) the Borrower-Related Party’s fees charged to the related Transferor for repairs affecting such Property’s functions, and (C) the Borrower-Related Party’s fees charged to the related Transferor for such Transferor’s possession of such Property after the Acquisition Date.
Asset Purchase Price means the aggregate purchase price set forth in paragraph 4.01 hereof subject to adjustment as provided for in paragraph 4.03 hereof;
Asset Purchase Price has the meaning set forth in (S) 2.5.
Asset Purchase Price has the meaning set forth in Section 1.02.