Balance Purchase Price definition

Balance Purchase Price means the Purchase Price, less the Deposit paid by the Buyer, adjusted under clause 2.6;
Balance Purchase Price means the remainder of the Purchase Price after subtracting the Deposit. Bank Guarantee means a bank guarantee for the amount required to be provided under the Supply Contracts, and which is on terms and from a bank reasonably acceptable to the Seller. Business Day means a day other than a Saturday, Sunday or public holiday in Brisbane. Completion means the things due to occur on the Completion Date under clause 8.‌

Examples of Balance Purchase Price in a sentence

  • In the event that the Purchaser fails to pay the Balance Purchase Price within the time or extended time as the case may be and in the manner as stipulated in Clause 7.5 above, the Purchase Deposit together with the late payment charges/compensation (if any) paid under Clause 7.2 above shall be forfeited by the Assignee/Bank and the property may again be put up for sale at a date and time to be fixed by the Assignee/Bank.

  • The Purchaser shall upon full payment of the Balance Purchase Price together with all interest on late payment (if any) be entitled at his own costs and expenses to take possessions of the Property.

  • The Balance Purchase Price shall be paid to the Bank by way of bank draft or cashier’s order drawn in favour of the Bank or E-Payment or any mode of payment which acceptable by the Bank.

  • As soon as practicable after receipt in full by the Bank of the Balance Purchase Price together with all interest on late payment (if any), the Bank shall execute or caused to be executed in favour of the Purchaser an assignment of all rights, title, interest and benefits under the principal sale and purchase agreement entered into between the Developer and/or the Proprietor/Landowner and the original purchaser and over the Property (`the Deed of Assignment’).

  • The Purchaser shall upon full payment of the Balance Purchase Price together with all interest on late payment (if any) be entitled at his/her own costs and expenses take possession of the property.


More Definitions of Balance Purchase Price

Balance Purchase Price means the sum of Ringgit Malaysia Eleven Million Two Hundred Five Thousand (RM11,205,000-00) only;
Balance Purchase Price means the Purchase Price, less the Deposit, adjusted pursuant to clause 9 of this Contract;
Balance Purchase Price means the Purchase Price, less the Deposit, adjusted under clause 2.6; “Bank” means an authorised deposit-taking institution within the meaning of the Banking Xxx 0000 (Cth).
Balance Purchase Price means the balance of the Purchase Price of Ringgit Malaysia Sixteen Million and Six Hundred Thousand (RM16,600,000.00) only referred to in Clause 2.3 representing eighty per centum (80%) of the Purchase Price;
Balance Purchase Price shall have the meaning set forth in Section 3.2 hereof.
Balance Purchase Price means the Purchase Price, less the Deposit paid by the Buyer;Financial Settlement;(x) “ELNO” has the meaning in the ECNL;(y) “ELNO System” means a system provided by an ELNO capable of facilitating Financial Settlement and Electronic Lodgement in Queensland;
Balance Purchase Price means the Purchase Price, less the Deposit paid by the Buyer; “Bank” means an authorised deposit-taking institution within the meaning of the Banking Act 1959 (Cth);