Purchase Price Limit definition

Purchase Price Limit means, at the time of calculation, the lesser of: (i) the sum of 0.1875% of Average Invested Assets calculated for each of the preceding four calendar quarters, multiplied by two (2); and (ii) 1.5% of the amount of the Company’s total assets as set forth on the most recent audited balance sheet prior to closing the applicable transaction, adjusted to give effect to any acquisitions of Real Estate Assets that were probable or completed since the date of that audited balance sheet.
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Purchase Price Limit means the maximum Purchase Price or Prices permitted with respect to any Program. Such limits are set forth in the Program Guidelines for each Program and are subject to change from time to time.
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Purchase Price Limit means the purchase price limits as updated from time to time and found on the Corporation’s web site, subject to certain exceptions for Targeted Areas.
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Examples of Purchase Price Limit in a sentence

  • If you employ more than one person, these terms should be kept as consistent as possible.

  • If the appraised value exceeds the Maximum Purchase Price Limit but the Acquisition Cost is below the limit and transaction is clearly an “arm’s length” transaction (not between relatives, for example), we usually conclude that our Eligible Borrower bargained for a “good deal.” We may require a statement from the Eligible Borrower and Seller indicating that no relationship exists if we are unclear about the relationship between the Eligible Borrower and the Seller.

  • If, pursuant to the direction of the Board of Directors, the Company elects to acquire the Business Manager and any Real Estate Managers in connection with (a) a Sale of all or substantially all of the Real Estate Assets or (b) a Liquidity Event, the aggregate purchase price to be paid by the Company to acquire the Business Manager and the Real Estate Managers shall not exceed the Purchase Price Limit and that the purchase price shall be paid in the form of Shares rather than cash.

  • Purchase Price Limit & Occupancy Standard Fifty-one percent (51%) of the units in the project must sell at or below the higher of: the purchase price limits allowed by the VHFA program, or the purchase price limits of the Homeland program.

  • If the participating jurisdiction intends to use HOME funds for homebuyer assistance or for rehabilitation of owner-occupied single family housing and does not use the Single Family 95 percent Median Area Purchase Price Limit for the area provided by HUD, it must determine 95 percent of the median area purchase price and set forth the information in accordance with § 92.254(a)(2)(iii).

  • Other creators and innovators could freely utilize elements of this heritage from the public domain in their creations and innovations, which might then give rise to intellectual property rights.

  • The mortgage amount cannot exceed the maximum Purchase Price Limit.

  • The sales price of the HOME to be acquired using a HOME investment cannot exceed the New Homes HOME/HTF Purchase Price Limit (also known as the HOME Affordable Homeownership Limits) as set by the U.

  • Loan amount is based on need and can range from $1,500.00 - $7,000.00.2. Assistance is a 0% interest rate, deferred payment loan.3. The home being purchased must be in the City of Green Bay.4. Home Purchase Price Limit: $172,000.00.

  • More informationregarding the location of Targeted Area can be found on our Homeownership Program Income Limits and Purchase Price Limit form.


More Definitions of Purchase Price Limit

Purchase Price Limit means the maximum Acquisition Cost of a Housing Unit as set forth in Exhibit F hereto.
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Related to Purchase Price Limit

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

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

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

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

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

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

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

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

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

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

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • 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).

  • 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.

  • 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.

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

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Per Unit Purchase Price equals $2.125, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

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

  • 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.