Balance of the Purchase Price definition

Balance of the Purchase Price means the Balance of the Purchase Price described in Clause 3.3 of the Covering Schedule;

Balance of the Purchase Price means 85% of the Purchase Price more or less, subject to adjustments, if any, as set forth herein, not including the GST, payable on the Closing Date by certified cheque or solicitor’s trust cheque;

Balance of the Purchase Price shall have the meaning assigned thereto in Section 2.2(c).

Examples of Balance of the Purchase Price in a sentence

• It shall be the responsibility of the Successful Purchaser to pay to the Developer any Balance of the Purchase Price which may still be due and owing to the Developer under the Original Sale and Purchase Agreement between the Developer and the First Purchaser in respect of the Property, if any.

• The Balance of the Purchase Price plus Vat (if Vat is applicable) is payable in cash against registration of the Property to be secured by bank guarantees approved by the Seller and furnished to the Conveyancing Attorneys within 21 (Twenty One) days of Signature Date, or if any part is paid in cash, to be deposited with the Conveyancer within the same period, to be held in a trust account pending transfer of the property.

• The Balance of the Purchase Price plus Vat on the total Purchase Price (if Vat is applicable) is payable in cash against registration of the Property to be secured by bank guarantees approved by the Seller and furnished to the Conveyancing Attorneys within 21 (Twenty One) days of Signature Date, or if any part is paid in cash, to be deposited with the Conveyancer within the same period, to be held in a trust account pending transfer of the property.

• At Closing, Buyco shall pay the Balance of the Purchase Price less the amount of the previously paid Deposit to Pubco, on the understanding that the Purchase Price represents the full consideration for the acquisition by Buyco of Subco-RI, inclusive of independent legal fees incurred by Pubco in connection with the Arrangement and the other transactions contemplated by this Arrangement Agreement.

• The CIC shall be responsible for the overallmanagement and coordination of this contract and shall act as the central point ofcontact with the Contracting Officer's Technical Representative (COTR).

More Definitions of Balance of the Purchase Price

Balance of the Purchase Price means the purchase price minus the first payment;

Balance of the Purchase Price means the Purchase Price (a) less the Deposit (to the extent then held by Title Insurer), and (b) plus or minus the net sum of the prorations, allocations, charges, credits, withholdings and other adjustments as provided for in this Agreement.

Balance of the Purchase Price means the amount set out in item 3.2.3.2 of the Transaction Schedule, being the Purchase Price less the Deposit;

Balance of the Purchase Price. The balance of the purchase price less the deposit.

Balance of the Purchase Price means the Purchase Price minus the Deposit.

Balance of the Purchase Price means the amount equal to the Purchase Price minus the Deposit and any interest accrued thereon.

Balance of the Purchase Price means the amount of forty three million United States dollars (US$43,000,000.00).