Purchase Price of Property definition

Purchase Price of Property means the price paid upon the purchase or sale of a particular property, including the amount of Acquisition Fees and all liens and mortgages on the property, but excluding points and prepaid interest.
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Purchase Price of Property means the amount as set in the Deed of Sale and which amount is excluded from the Building Contract Price;
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Examples of Purchase Price of Property in a sentence

  • Any and all amounts retained by Seller because of Closing Date delays shall not be credited toward the Purchase Price of Property.

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  • Payment will not be deemed to have been made until We have received payment in full of the Total Purchase Price of Property plus applicable fees, charges and taxes by wire transfer or other acceptable method.

  • Provide the Purchase Price of Property as indicated on the attached Offer.

  • The following terms and conditions of the Original Offer are modified as follows: [The sections not filled in or marked N/C (for “no change” which shall mean that no change is being proposed to that section of the agreement) shall not be a part of this Counteroffer and shall remain the same as set forth in the Original Offer.] Purchase Price of Property to be Paid by Buyer: $ Closing Costs: Seller’s Contribution at Closing: $ Closing and Possession.

  • The Advisor or its Affiliates shall be paid up to 1.5% of (i) the Contract Purchase Price of Property acquired by the Company, including any debt attributable to such investments, or (ii) when the Company makes an investment indirectly through another entity, such investment’s pro rata share of the gross asset value of Property held by that entity.

  • If a Purchaser fails to pay the Total Purchase Price of Property plus applicable fees, charges and taxes in full by wire transfer or other acceptable method within seven (7) days after the date of sale, in addition to other remedies available to Us and the Consignor by law, We may retain as damages all payments made by the Purchaser and may hold the Purchaser liable for all sums due together with costs of collection, including attorneys’ fees.

  • Purchase Price of Property$ 280,000Less Primary loan amount*143,000Less down payment of 1% 2,800Equals “GAP”$ 134,200Plus estimated allowable settlement charges 8,400Equals Total Subsidy$ 142,600 SUBSIDY CALCULATIONFOR A FAMILY OF FOUR EARNING $3,388 PER MONTH*Primary loan amount must be the maximum amount for which the family can qualify.B. The housing unit selection process will be conducted by the homebuyers.

  • HOUSING PAYMENTS TOTAL OVERALL PAYMENTS Principal & Interest Payment$ 865$1,180 HousingInsurance82+200 Other Debt ServiceTaxes 233$1,380 Total Debt ServiceTotal Housing Expense$1,180(Overall debt service per month is 41% of$3,388)(PITI is 35% of $3,388) Purchase Price of Property$ 280,000Less Primary loan amount143,000Less down payment of 1% 2,800Equals “GAP”$ 134,200Plus estimated allowable settlement charges 8,400Equals Total Subsidy$ 142,600B.

Related to Purchase Price of Property

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

  • 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.

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

  • Purchased Assets has the meaning set forth in Section 2.1.

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

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

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

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

  • 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).

  • 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.

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

  • Redemption Price or Repurchase Price means the amount to be paid to the relevant Holder upon redemption of that Unit, such amount to be determined pursuant to this document.

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

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

  • 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.

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

  • Estimated Purchase Price has the meaning set forth in Section 2.2.2(b).

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Transaction Price means the final, publicly announced, price per share of Common Stock paid by an acquirer in connection with a Change in Control (other than a Non-Transactional Change in Control), provided, however, that the Administrator may, in its sole discretion, discount the value of any earn-out, escrow or other deferred or contingent consideration (in each case, to zero) as it deems appropriate.

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

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

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

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

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • 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.

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