Vessel Purchase Price definition

Vessel Purchase Price means, in respect of a Vessel, the net book value of the Vessel and its various components on the date of its purchase pursuant to the Option to Purchase with the original cost of the vessel and their various components being amortized on a straight line basis over their respective useful lives, as determined in accordance with Canadian generally accepted accounting principles.
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Vessel Purchase Price has the meaning set forth in Recital C hereof.
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Vessel Purchase Price has the meaning set forth in the recitals hereto.
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Examples of Vessel Purchase Price in a sentence

  • Buyer or its applicable Vessel-owning subsidiary nominees shall pay the Vessel Purchase Price, less the Deposit with respect to each Vessel to be Delivered, pursuant to Section 3.2(b), in accordance with the terms and conditions of the MOA governing each such Vessel.

  • At the Initial Closing, Seanergy shall contribute the Trust Assets to Buyer and Buyer shall pay the aggregate Vessel Purchase Price applicable to the Delivered Vessels.

  • If, after the Initial Closing, any Vessel is not delivered by the relevant Seller to the relevant Buyer or Vessel-owning subsidiary nominee for any reason whatsoever, the Additional Investment Shares and the amount of the Note shall be reduced pro rata by the percentage obtained by comparing the purchase price of such non delivered Vessel as set forth in the applicable MOA to the Vessel Purchase Price.

  • By: /s/ Xxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxxxxx Title: Director, Secretary, Attorney-in-Fact SHIP FINANCE INTERNATIONAL LIMITED By: /s/ Xxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxxxxx Title: Director, Secretary, Attorney-in-Fact SCHEDULE 2.2 PURCHASE PRICE Purchased Company Vessel Purchase Price Granite Shipping Co. Ltd.

  • At the Closing, concurrently with the delivery of the Vessels, in accordance with the MOAs, (i) Hunter Maritime shall, or shall cause its applicable subsidiary nominee(s) to, pay the Vessel Purchase Price relating to each Vessel to the applicable Seller and (ii) each Seller shall deliver its applicable Vessel in accordance with the terms and conditions of the respective Ancillary Agreements, including the MOA to which it is a party.

Related to Vessel Purchase Price

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

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

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

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • 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.

  • 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.

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

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • 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.

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

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

  • 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.

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

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

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

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

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

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

  • 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.

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

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

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.