Property price definition
Examples of Property price in a sentence
In the event of delay of handover of the Property by the Seller in violation of the terms of Section 2.2.2 above and by a handing-over/acceptance certificate, the Buyer shall be entitled to demand from Seller payment of a penalty at the rate of 0.05 % of the Property price per each day of delay.
In the event if, upon making full payment of the Property price, the Buyer avoids accepting the Property for more than fifteen (15) days or refuses to accept the Property without any reason, the Seller shall be entitled to demand from the Buyer payment of a penalty in the amount of five (5) % of the Property price and judicially seek execution of the main contract of sale.
In the event of delay of handover of the Property by the Seller in violation of the terms of Section 2.2.2 above for over twelve (12) months, the Buyer shall be entitled unilaterally terminate this contract upon one (1) week prior notice to the Seller and seek repayment of the Property price amounts paid in accordance with this contract.
In the event if the Buyer refuses to pay for the Property, the Seller shall be entitled to retain (20) % of the Property price, as a penalty for non-performance; while if twenty (20) % of the Property price has not been paid by the moment of such non-performance, the Seller shall seek from the Buyer payment of the penalty in that amount.
The Park Property price will be effective for Fifteen (15) years after the execution of this Agreement.