Common use of BASIC TERMS Clause in Contracts

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages.

Appears in 1 contract

Samples: Single Family Homes (Reven Housing REIT, Inc.)

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BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 2,140,000.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages21,400.00 [1% of Purchase Price].

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 7,100,000.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages71,000.00 [1% of Purchase Price].

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 695,500.00 subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages20,000.00.

Appears in 1 contract

Samples: Single Family Homes (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 10,031,581.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages100,315.81 [1% of Purchase Price].

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 3,239,000.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages32,390.00 [1% of Purchase Price].

Appears in 1 contract

Samples: Single Family Homes (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 5,550,000.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages55,500.00 [1% of Purchase Price].

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

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BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 2,443,000.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,00024,430.00 [1% of Purchase Price]. Closing Date: October 30December 15, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages2017.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 3,497,700.00, subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages50,000.00.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 4,150,134.00 subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages41,501.00.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

BASIC TERMS. The following terms, as used in this Agreement, will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth elsewhere in this Agreement. Purchase Price: $13,400,000 9,417,682.02 subject to adjustment in accordance with the provisions of this Agreement. Deposit: $100,000. Closing Date: October 30, 2013, subject to Section 5(d), which may cause the Closing to occur in two stages94,176.82.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Reven Housing REIT, Inc.)

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