Option Payment definition
Option Payment has the meaning set forth in Section 2.7.
Option Payment shall have the meaning set forth in Section 3.4.
Option Payment has the meaning set forth in Section 3.5(a).
Examples of Option Payment in a sentence
Acre will also perform an accounting of all work performed to prepare the Residence for the new occupancy, including the use of funds retained from the prior resident’s Option Payment.
The Acre Entities may also impose reasonable and non-discriminatory fines for any default, including imposing a fine for any Termination Default, and may satisfy, whether wholly or partially, any Termination Default fine by applying the Option Payment, or any portion thereof, to the fine amount.
More Definitions of Option Payment
Option Payment shall have the meaning set forth in Section 2.06.
Option Payment has the meaning set forth in Section 5. (hh)
Option Payment as defined in Section 1.2
Option Payment means the amount paid by the purchaser in a residential executory real estate
Option Payment is in an amount equal to five percent (5%) of the sum of (i) the acquisition price to be paid by the Owner Party for the Property (i.e., the Property Acquisition Cost set forth in the applicable Option Agreement), and (ii) the development costs reflected as the Contract Sum in the Construction Agreement.
Option Payment shall have the meaning as set forth in Section 2.4(a) of the Agreement.
Option Payment means the amount paid by the Eligible Director in the exercise of his or her Option.