Reversion Price definition

Reversion Price shall be calculated as follows: A=(BxC)+(DxE) Where: A = Reversion Price B = Upfront Payment C = the rate of inflation (all indices) expressed as a decimal from the Start Date to the Exercise Date plus one (for example, if the CPI Index at the Start Date was 1000 and the CPI Index at the Exercise Date was 1100 then the rate of inflation is 10% or
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Reversion Price means the maximum sum the Homeowner may receive for the Home calculated using the process set out in the Appendix.
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Reversion Price shall be calculated as follows: A=(BxC)+(DxE) Where: A = Reversion Price B = Upfront Payment C = the rate of inflation (all indices) expressed as a decimal calculated on a yearly basis, with the first year being from the CPI Quarter immediately preceding the Start Date to the CPI Quarter in the following year provided that the yearly inflation for the purposes of this clause shall be capped at 2%. C shall never be less than one. D = the cost of any improvements allowed by us in accordance with clause 7.2.3 above E = the rate of inflation (all indices) expressed as a decimal calculated on a yearly basis, with the first year being from the CPI Quarter immediately preceding the Improvements Date to the CPI Quarter in the following year provided that the yearly inflation for the purposes of this clause shall be capped at 2%. E shall never be less than one
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Examples of Reversion Price in a sentence

  • We will ensure that the sum insured under the policy always exceeds the Reversion Price.

  • As part of obtaining our written consent, we must reach agreement on the value of such improvements, which shall then be added to the Reversion Price once the works are completed by you to our satisfaction.

  • In addition, if such substantial improvements are approved by us then you may apply to increase the Reversion Price of the Property by an amount equal to the market cost of such improvements.

  • You must provide a registerable transfer of your interest in this Agreement to us or our nominee together with a registerable discharge of any mortgage registered against your interest in this Agreement to us contemporaneously with us making payment of the Reversion Price.

  • If required by your Bank, we will pay the Reversion Price directly to your Bank.

  • If we allow you to serve an Exercise Notice on us under this clause 9.3 then the Reversion Price shall be equal to the Upfront Price plus the cost of any Improvements in accordance with clause 7.2.3 above (i.e. neither amount shall be adjusted for inflation).

  • The cost of such repairs may be deducted by the Landholder from the Reversion Price as an expense under clause 12(c)(ii), or to rectify damages under clause 15.

  • As part of obtaining our written consent, we must reach agreement on the value of such improvements, which amount will be added to the Reversion Price once the works are completed by you to our satisfaction.