Contractual Purchase Price definition

Contractual Purchase Price means the price in respect of the Vessel as stipulated in paragraph 1 (Contract Price) of article II (CONTRACT PRICE & TERMS OF PAYMENT) of the Building Contract which, as at the date of this Agreement, is sixty-nine million seven hundred and sixty-seven thousand US Dollars (US$69,767,000), as the same may be subject to adjustment in accordance with the terms of the Building Contract.
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Examples of Contractual Purchase Price in a sentence

  • Notwithstanding any other provision of this Agreement, the Sellers may elect to settle any instalment of the Contractual Purchase Price that has not been paid as at the date of this Agreement (whether utilising their own funds or from whatever source of funds they may select) directly with the Builder by making the relevant payment to the Builder in accordance with the Building Contract.

  • The Buyers will only be obliged to make a payment in respect of an Instalment for the purpose of effecting a Deferred Payment if the Buyers have received evidence of full payment to the Builder’s Account of the corresponding instalment of the Contractual Purchase Price under the Building Contract, in form and substance satisfactory to the Buyers.

  • The Buyers will only be obliged to make a payment in respect of an Instalment for the purpose of effecting a Deferred Payment if the Buyers have received evidence of full payment to the Builder of the corresponding instalment of the Contractual Purchase Price under the Building Contract, in form and substance satisfactory to the Buyers.

  • Notes to Unaudited Pro Forma Condensed Combined Financial Information Note 1: Description of the Transactions Contractual Purchase Price On July 31, 2006, TW NY, a subsidiary of ours, purchased certain assets and assumed certain liabilities from Adelphia for a total of $8.935 billion in cash and shares representing 17.3% of our Class A common stock and 16% of our total outstanding common stock.

  • Office of the Attorney General of the District of Columbia, Press Release, AG Racine Announces Over $2 Million Settlement with Predatory Online Lender Will Compensate Thousands of District Consumers (Nov.