Examples of Indexed Price in a sentence
In certain circumstances it may be necessary to determine the fair market value of the Property without taking into account the resale restrictions imposed by this Agreement (the "Fair Market Value") where the parties wish to determine if the Indexed Price exceeds the Fair Market Value in order to determine the Maximum Restricted Resale Price pursuant to Section 11.
If the City (or a City Designated Purchaser) exercises the City Option, or if Owner sells to an Eligible Purchaser, the Maximum Restricted Resale Price (the "Maximum Restricted Resale Price") that the Owner shall receive from the City, City Designated Purchaser or Eligible Purchaser (or from any other sale or transfer by the Owner of the Home) shall be the lesser of (i) the Indexed Price of the Home; or (ii) the Fair Market Value of the Home.
Indexation Mechanism of Cost plus mine: [To be filled up by concerned coal company] ▪ The Modulated Price, applicable for supply, shall be calculated based on Indexed Price of Cost Plus Mine applicable for NRS Linkage auction consumers.
If the City (or its assignee) exercises the City Option, or if Owner sells to an Eligible Purchaser, the Maximum Restricted Resale Price (the " Maximum Restricted Resale Price ") that the Owner shall receive from the City, City Designated Purchaser or Eligible Purchaser (or from any other sale or transfer by the Owner of the Home) shall be the lesser of (i) the Indexed Price of the Home; or (ii) the Fair Market Value of the Home.
If the Owner sells to an Eligible Purchaser during the Term of this Resale Agreement, the maximum sales price (the "Maximum Allowable Sales Price") that the Owner shall receive from the Eligible Purchaser for purchase of the Home shall be the Indexed Price, but in no event greater than the Unrestricted Fair Market Value.
The adjustment to the Indexed Price for Eligible Capital Improvements shall be limited to appraised increases in value to the Home as a result of the improvements (pursuant to an appraisal performed as described in Section 11B below), including any depreciation in value of the capital improvements since the time of installation, and not the cost of construction of the improvements to the Home.
If the City (or its assignee) exercises the City's Purchase Option, or if Owner sells to an Eligible Purchaser, the Eligible Buyer Purchase Price, also referred to as the Maximum Restricted Resale Price that the Owner shall receive from the City, City Designated Purchaser or Eligible Purchaser (or from any other sale or transfer by the Owner of the Unit) shall be the lesser of (i) the Indexed Price of the Unit; or (ii) the Fair Market Value of the Unit under an appraisal pursuant to Section 4.6.
Indexed Price shall include an upward adjustment reflecting the value of any substantial structural or permanent fixed improvements which the Owner has made to the Home after purchase of the Home.
The Indexed Price of the Unit means the sales price of the Unit at the time of purchase by the Owner, Dollars ($---,---) (the "Owner's Base Price"), increased by the percentage of increase in the Median Income from the date of the original purchase of the Unit by the Owner to the date of receipt by the City of the Owner's Notice of Intent to Transfer, and, where applicable, adjusted pursuant to subsection (ii) below to reflect the value of capital improvements or the cost of deferred maintenance.
These circumstances include: (1) where either party wishes to determine if the Indexed Price exceeds the Fair Market Value in order to determine the Maximum Restricted Resale Price pursuant to Section 11; and (2) where either party wishes to determine the value of Eligible Capital Improvements or any Deferred Maintenance Repairs in order to calculate the Indexed Price pursuant to Section 11A.