Total Sales Price definition

Total Sales Price. For any month, the sum of the sales price of all REO Property closings in such month, less any Seller’s closing concessions in which the sales price was inflated to reflect the concession amount.
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Total Sales Price means the greater of (a) the total sales price received by the Underwriters from the initial sale of the Offered Shares to investors in the offering contemplated by this Agreement and (b) the Total Proceeds; and “Total Notional Underwriting Discount” means the amount obtained by subtracting (i) the Total Proceeds from (ii) the Total Sales Price. The relative fault of the Company, on the one hand, and the Underwriters, on the other hand, shall be determined by reference to, among other things, whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company, on the one hand, or the Underwriters, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include, subject to the limitations set forth in Section 9(c), any legal or other fees or expenses reasonably incurred by such party in connection with investigating or defending any action or claim. The provisions set forth in Section 9(c) with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under this Section 10; provided, however, that no additional notice shall be required with respect to any action for which notice has been given under Section 9(c) for purposes of indemnification. The Company and the Underwriters agree that it would not be just and equitable if contribution pursuant to this Section 10 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in this Section 10. Notwithstanding the provisions of this Section 10, no Underwriter shall be required to contribute any amount in excess of the underwriting discounts and commissions received by such Underwriter in connection with the Offered Shares underwritten by it and distributed to the public. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The Underwriters’ obligations to contribute pursuant to this Section 10 are several, an...
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Total Sales Price means any and all cash consideration received, together with (but not double counting) any assumption or release of existing mortgage indebtedness.
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Examples of Total Sales Price in a sentence

  • Having been quoted a cash price and a credit price and having chosen to pay the credit price (shown as the Total Sales Price in Section B above), you agree to buy and we agree to sell, subject to all the terms of this contract, the following described vehicle, accessories and equipment (all of which are referred to in this contract as “Collateral”): New or Used: .........................

  • Having been quoted a cash price and a credit price and having chosen to pay the credit price (shown as the Total Sales Price in Section B above), you agree to buy and we agree to sell, subject to all the terms of this contract, the following described vehicle, accessories and equipment (all of which are referred to in this contract as “Collateral”): New or Used:................................

  • Trade Date(s) of Shares (List Chronologically) Number of Shares Sold Total Sales Price (Excluding Commissions, Taxes and Fees).

  • Buyer will tender the Total Sales Price at Closing via wire, official check or certified funds.

  • The Xxxxxxx Money will be applied towards the Total Sales Price at Closing.

  • At closing and upon receipt of the Total Sales Price, Seller will deliver clear and marketable title to Buyer via a general warranty deed prepared in the name of Buyer as set forth in the preamble of this Contract.

  • Upon receipt of the Total Sales Price, Seller will transfer to Buyer possession of the Property in an “AS-IS” condition.

  • Should the Buyer fail to make payment to the Builder of any portion of the Total Sales Price when payment is due, then the Buyer shall pay to the Builder, in addition to the sum shown as due, interest at the maximum rate allowed by applicable federal and state law, which interest shall accrue as of the date payment was first due and shall continue to accrue until the date of payment.

  • Any extension of the Closing Date due to lender required matters or caused by Buyer or Buyer’s agents shall result in an increase of the Total Sales Price equal to the total amount of additional per diem interest incurred by Builder on any loan secured by the Property plus per diem tax, insurance, maintenance and utility expenses.

  • If Buyer desires to obtain financing for any portion of the Total Sales Price, refer to the Financing Addendum attached hereto and incorporated herein by reference.


More Definitions of Total Sales Price

Total Sales Price. For any month, the sum of the sales price of all REO Property closings in such month, less any Seller's closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT H FORM OF LOST NOTE AFFIDAVIT Personally appeared before me the undersigned authority to administer oaths, __________________ who first being duly sworn deposes and says: Deponent is ________________ of ________________, successor by merger to _________________________ ("Seller") and who has personal knowledge of the facts set out in this affidavit. On _________________________________, _________________________________ did execute and deliver a promissory note in the principal amount of $____________________. That said note has been misplaced or lost through causes unknown and is presently lost and unavailable after diligent search has been made. Seller's records show that an amount of principal and interest on said note is still presently outstanding, due, and unpaid, and Seller is still owner and holder in due course of said lost note. Seller executes this Affidavit for the purpose of inducing Deutsche Bank National Trust Company, as trustee on behalf of Equifirst Mortgage Loan Trust 2003-1, Asset-Backed Certificates Series 2003-1, to accept the transfer of the above described loan from Seller. Seller agrees to indemnify Deutsche Bank National Trust Company and Financial Asset Securities Corp. harmless for any losses incurred by such parties resulting from the above described promissory note has been lost or misplaced. By: _______________________ _______________________ STATE OF ) ) SS: COUNTY OF ) On this ______ day of ______________, 20_, before me, a Notary Public, in and for said County and State, appeared , who acknowledged the extension of the foregoing and who, having been duly sworn, states that any representations therein contained are true. Witness my hand and Notarial Seal this _________ day of 20__. ____________________________ ____________________________ My commission expires __________________________. EXHIBIT I FORM OF LIMITED POWER OF ATTORNEY
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Total Sales Price means Intersil's gross invoice price for the Prism(R) Product packed for shipment without any deductions, except for the following items, to the extent they are paid or allowed by Intersil:
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Total Sales Price means the (i) gross cash sales proceeds received by NETWORK in a Network Sale or (ii) the fair market value of any securities or non-cash consideration received by NETWORK in a Network Sale. All costs of sale incurred in Network Sales including attorney’s fee, commissions, brokerage fees, and other expenses will be deducted from the Total Sales Price.
Sample 1
Total Sales Price. For any month, the sum of the sales price of all REO Property closings in such month, less any Seller’s closing concessions in which the sales price was inflated to reflect the concession amount. EXHIBIT G Simple Interest Mortgage Loan Schedule EXHIBIT H FORM OF FAIRBANKS CERTIFICATION Re: Structured Asset Investment Loan Trust Mortgage Pass-through Certificates, Series 2003-BC1 I, [name of certifying individual], a duly elected and acting officer of Fairbanks Capital Corp. (the “Servicer”), certify pursuant to Section 5.05(b) of the Servicing Agreement to the [Sarbanes Certifying Party] and its respective officers and directors, with respect to the calendar year immediately preceding the date of this Certificate (the “Relevant Year”), as follows:
Sample 1
Total Sales Price as used in this Agreement, is defined as the total purchase price paid by Buyer to Builder in accordance with either a Custom Home Construction Contract (excluding the Lot Sales Price) or a Lot/Home Package Contract (including the Lot Sales Price) or the purchase and sale agreement for a Model Home or Spec Home, as same may be amended pursuant to any and all change orders, amendments, modifications, addenda or otherwise payable by Buyer to Builder for the Home whether shown on any closing statement, reconciliation, or other instrument or paid outside of the closing by separate agreement, including but not limited to, all hard and soft construction costs, options, lot premium, built-ins, swimming pool and spa packages, hardscapes, landscaping, appliances and any and all other reimbursements and expenses for structural improvements, builder’s overhead and profit and any extras included or to be constructed within the Home by Builder, its agents and subcontractors, excluding any furniture or furnishings (i.e. wall coverings, window treatments and lighting fixtures) purchased by Buyer from Builder. The Total Sales Price shall be reduced by the cost for furniture and furnishings as determined by Builder purchased separately by the Buyer and shall not be included for the foregoing purposes as part of the Total Sales Price. In every case, Builder shall provide to Developer and Co-Broker a copy of the invoice(s) substantiating said costs for the furnishings.
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Total Sales Price has the meaning given to that term in item 4.7 (Achieved Sales Prices).
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Related to Total Sales Price

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Sales Price means the actual sale execution price of each Share placed by the Agent pursuant to this Agreement.

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation and reasonably acceptable to the Majority Holders if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security as of either of such dates on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation and reasonably acceptable to the Majority Holders, with the costs of such appraisal to be borne by the Corporation.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Net Sales means [***].

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Minimum Sale Price means, with respect to any Aircraft or the Equipment Notes issued in respect of such Aircraft, at any time, in the case of the sale of an Aircraft, 75%, or in the case of the sale of related Equipment Notes, 85%, of the Appraised Current Market Value of such Aircraft.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Selling Price means the same meaning as in RCW 82.08.010, except that when the product is sold under circumstances where the total amount of consideration paid for the product is not indicative of its true value. Selling price means the true value of the product sold as determined or agreed to by the ((board)) WSLCB. For purposes of this subsection:

  • Gross Profits means the gross profits calculated under section 4;

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Net Selling Price of Licensed Products shall mean the gross selling price paid by a purchaser of a Licensed Product to COMPANY, an Affiliate or Sublicensee of COMPANY, or any other party authorized by COMPANY to sell Licensed Products less the following discounts:

  • Net Sales Value means, with respect to any Licensed Product, the gross sales price of such Licensed Product invoiced by Licensee, its Affiliate and/or its Sub-Licensee to customers who are not Affiliates (or are Affiliates but are the end users of such Licensed Product) less, to the extent actually paid or accrued by Licensee, its Affiliate and/or its Sub­ Licensee (as applicable), (a) credits, allowances, discounts and rebates to, and chargebacks from the account of, such customers for nonconforming, damaged, out-dated and returned Licensed Product; (b) freight and insurance costs; (c) cash, quantity and trade discounts, rebates and other price reductions for such Licensed Product given to such customers under price reduction programs; (d) sales, use, value-added and other direct taxes incurred on the sale of such Licensed Product to such customers; (e) customs duties, tariffs, surcharges and other governmental charges incurred in exporting or importing such Licensed Product to such customers; (f) sales commissions incurred on the sale of such Licensed Product to such customers; and (g) an allowance for uncollectible or bad debts determined in accordance with generally accepted accounting principles. For avoidance of doubt, any consideration or royalties received from Sub-Licensee(s) are excluded. If a Licensed Product consists of components that are covered by valid claim of a Prospective Patent within the Invention (a “Covered Component”) and components that are not covered by a Valid Claim (“Other Components”), then Net Sales for such Licensed Products shall be multiplied by the fraction A/(A+B), where A is the value of the Covered Component(s) as reasonably determined by Licensee, and B is the value of the Other Component(s) as reasonably determined by Licensee, and such resulting amount shall be the “Net Sales Value” for purposes of the Royalties and Sub-License Royalties calculations in Clauses 5.1.2 and 5.3.1, respectively, for such Licensed Product.

  • Net Revenues means the difference between:

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.