Purchase Price and Xxxxxxx Money. 2.1 The purchase price (the "PURCHASE PRICE") for the Property is Eleven Million Five Hundred Five Thousand Three Hundred and No/100 Dollars ($11,505,300.00). The Purchase Price shall be payable in the manner set forth in Article III below.
Purchase Price and Xxxxxxx Money. (a) The Purchase Price for the Property is and No/100ths Dollars ($ .00) ("Purchase Price"). Buyer shall pay same to Seller at Closing in the form of a check subject to the usual and customary credits and prorations. The Seller may request that Buyer divide the amount due at Closing into separate checks for Closing expenses, outstanding charges and net sale proceeds to MPS.
Purchase Price and Xxxxxxx Money. The purchase price (“Purchase Price”) shall be Nine Million Four Hundred Thousand Dollars ($9,400,000). Simultaneously with the execution of this Agreement, Purchaser shall pay to the Escrow Agent (as defined below) the sum of Fifty Thousand Dollars ($50,000) as the xxxxxxx money deposit (the “Initial Deposit”). If Purchaser does not terminate this Agreement in accordance with the provisions of Section 6(c) or Section 10, it will, on the last day of the Feasibility Period, pay to the Escrow Agent an additional Fifty Thousand Dollars ($50,000) (the “Additional Deposit”). The Initial Deposit, together with the Additional Deposit, is hereinafter referred to as the “Xxxxxxx Money”. The Xxxxxxx Money shall be held in escrow pending closing. The Xxxxxxx Money shall be held in a federally insured interest bearing account and all interest thereon shall be deemed a part of the Xxxxxxx Money. The Xxxxxxx Money shall be applied to the Purchase Price or otherwise paid to Seller or Purchaser as provided for herein. Subject to the provisions of Section 4(b), Purchaser shall pay the balance of the Purchase Price at closing in full in immediately available federal funds to Seller, subject to adjustments and prorations set forth herein.
Purchase Price and Xxxxxxx Money. A. The aggregate purchase price (“Purchase Price”) to be paid by Purchaser to Seller for the Property is Five Million Four Hundred Thousand and No/100 Dollars ($5,400,000.00).
Purchase Price and Xxxxxxx Money. The total purchase price to be paid by Buyer to Seller for the Property is Eighty-One Thousand Five Hundred and No/100 Dollars ($81,500.00) per acre, prorated for partial acres totaling Two Hundred Thirty Four Thousand Seven Hundred Twenty and No/100 Dollars ($234,720.00), plus or minus any prorations and other adjustments required hereunder (the “Purchase Price”). The Purchase Price for the specific acres conveyed will be delivered by Buyer on Closing Date (as hereafter defined) by wire transfer or other certified funds. The relocation benefits paid pursuant to Section 12 hereof are in addition to the Purchase Price. Xxxxxxx money of Twenty Thousand and No/100 Dollars ($20,000.00) which shall be applied to the Purchase Price is not refundable except as otherwise provided in this Agreement.
Purchase Price and Xxxxxxx Money. The purchase price for the Property shall be FIFTY‑TWO MILLION, FIVE HUNDRED FIFTY THOUSAND, AND NO/100 DOLLARS ($52,550,000.00) (the "Purchase Price"), payable as follows:
Purchase Price and Xxxxxxx Money. A. The purchase price to be paid by Purchaser to Seller for the Property (hereinafter referred to as the "Purchase Price") shall be Three Million Four Hundred Forty-Three Thousand One Hundred Twenty-Five and No/100 DOLLARS ($3,443,125.00), subject to adjustments and prorations as set forth herein. Seller's Initials: __________ Purchaser's Initials: __________ {O1117744;9}
Purchase Price and Xxxxxxx Money. The total purchase shall be $ Buyer has tendered Xxxxxxx Money in the form of in the amount of $ Additional Xxxxxxx Money shall be tendered on or before in the amount of $
Purchase Price and Xxxxxxx Money. (a) The purchase price for Seller’s Assets (“Purchase Price”) shall be Three Hundred Five Million Dollars ($305,000,000). Buyer and Seller acknowledge and agree that the portion of the Purchase Price allocable to the facility known as Autumn Ridge and located in Herculaneum, Missouri (the “Autumn Ridge Facility”) is Five Million Five Hundred Thousand Dollars ($5,500,000) (the “Autumn Ridge Purchase Price”). The Purchase Price, subject to the prorations and adjustments set forth herein, shall be paid by Buyer to Seller in cash at Closing. Buyer and Seller acknowledge that the purchase of Seller’s Assets is subject to the assumption by Buyer and/or payoff by Seller at Closing of the existing debt encumbering certain Facilities in the approximate amount of Fifty-Six Million Two Hundred Thousand Dollars ($56,200,000), which existing debt obligations are more particularly described on Schedule 4 attached hereto (collectively, the “Existing Debt”). At Closing, Buyer shall receive a credit against the Purchase Price for the then outstanding principal balance of the Existing Debt assumed by Buyer.
Purchase Price and Xxxxxxx Money. 9 Section 1.1 Agreement to Sell and Purchase ................................................ 9
