the purchase definition

the purchase means the redemption, repayment or purchase referred to in subsection (1)(a) above; and
the purchase. Price as set forth in Section 1 of the Purchase Agreement is hereby amended such that the Purchase Price as hereafter reconstituted (the "Amended Purchase Price") shall consist of that Cash Consideration and Note Consideration paid or payable to Seller upon Closing of this Agreement (the "Closing") as follows:
the purchase. Price shall be payable as follows:Payment of Purchase Price 1.3.1 Buyer shall be credited with the balance of the principal, interest and other amounts due and/or accrued as of the Closing Date (the "Indebtedness") under those certain loan agreements affecting the Owned Properties and described on Exhibit F (the "Loans"). Buyer shall assume the Indebtedness (subject to the terms of the Indebtedness) effective as of the Closing Date and Seller shall pay any fees or other lender-imposed charges relating to such assumption (the "Assumption Fees"). Notwithstanding the foregoing, if a lender's consent is required in connection with the Closing and such consent is not obtained by Closing, then Buyer shall pay the Indebtedness evidenced by such Loan in full at Closing (provided that, Seller shall pay any prepayment penalties) and acquire such Owned Property free and clear of the Loan. Seller shall cooperate with Hillsdale in obtaining any required lender consents. 1.3.2 Prior to the Closing Date, Buyer shall deposit into Escrow the balance of the Purchase Price, subject to adjustment by reason of any applicable prorations and the allocation of closing costs described below. The deposit required by this Section 1.3.2 shall be made by wire transfer of federal funds or in another immediately available form.

More Definitions of the purchase

the purchase means “International Centre For Automotive Technology”.

Related to the purchase

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

  • Public purchase means a purchase by means of competitive bids of goods, services, or materials by the State or any of its political subdivisions or public agencies on whose behalf the Attorney General may bring an action pursuant to subdivision (c) of Section 16750 of the Business and Professions Code.

  • Stock Purchase has the meaning set forth in the Recitals.

  • Purchase Price and Terms Agreement Those certain agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.