Parcel Purchase Price definition

Parcel Purchase Price means the price paid by TCF to the private seller for the purchase of each individual parcel of Property.
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Parcel Purchase Price. The Purchase Price allocated to the Parcel on the Commencement Date, as set forth on attached EXHIBIT F, increased by three (3%) percent per Lease Year, compounded annually, from the Commencement Date to the date in question and prorated for any portion of such period that is less than a full Lease Year.
Sample 1

Examples of Parcel Purchase Price in a sentence

  • Acquisition Costs paid by the Company prior to the Closing shall be credited against the Disposition Parcel Purchase Price such that all Private Parcels for which the Company has paid the Acquisition Costs shall be transferred without further consideration.

  • The Deposit and accrued interest shall be applied against the Disposition Parcel Purchase Price, and upon the termination of this Agreement shall be paid to the CDA or to the Company in accordance with the terms of this Agreement.

  • Seller shall execute and deliver a Closing Statement (“Closing Statement”) that shall, among other items, set forth the Phase One Purchase Price or Reserve Parcel Purchase Price, as applicable, all credits against such Phase One Purchase Price or Reserve Parcel Purchase Price, as applicable, the amounts of all prorations and other adjustments to such Phase One Purchase Price or Reserve Parcel Purchase Price, as applicable, and all disbursements made at each Closing on behalf of Buyer and Seller.

  • The Reserve Parcel Purchase Price Initial Payment shall be paid by a wire transfer of immediately available federal funds.

  • If, in breach of its obligation to do so, Buyer fails to close on its purchase of the Reserve Parcel (or the purchase of the membership interests in Newco2 if the Alternative Sale Structure is used) on the Second Closing Date, COPT shall promptly purchase the Reserve Parcel (or membership interests in Newco2, if applicable) within three (3) business days after Buyer’s default, for the Reserve Parcel Purchase Price and otherwise in accordance with the terms of this Agreement.

  • As an example, if the Second Closing Date occurs on June 2, 2003, then equal annual installments of principal shall be due on June 2, 2004, June 2, 2005, June 2, 2006, June 2, 2007 and on the maturity date of December 31, 2007, and the amount of each installment shall be determined by dividing the Reserve Parcel Purchase Price Balance by 5 (which is the total of the four annual payments plus the one final payment on the maturity date).

  • Each party hereto irrevocably and unconditionally agrees that this Credit Agreement is an Operative Document subject to the provisions of Section 14.11 of the Participation Agreement.

  • Any payment of monies to Seller under Section 3.2 of the FAR Covenant, after crediting such payment first against any monies unpaid under the Note or Deed of Trust shall be credited against the Reserve Parcel Purchase Price Initial Payment and any remaining balance shall be credited against the payments due under the Reserve Parcel Note.

  • On the Post-Closing Transfer date, in addition to the Post-Closing Parcel Purchase Price, Purchaser shall deliver a Closing Statement and Purchaser shall deliver any documents that may be reasonably required to consummate the Post-Closing Transfer.

  • The Deposit and accrued interest shall be applied against the Disposition Parcel Purchase Price at Transfer, and upon the termination of this Agreement shall be paid to the CDA or to the Company in accordance with the terms of this Agreement.

Related to Parcel Purchase Price

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Purchase Price has the meaning set forth in Section 2.2.