Common use of 2Purchase Price Clause in Contracts

2Purchase Price. The purchase price for ProjectCo Interests shall be equal to the Base Purchase Price (subject to adjustment as expressly provided herein, the “Contract Price”). The Purchase Price together with the remaining payments as provided in Section 3.3, constitutes the “Contract Price” which represents an “all-in” figure for the complete transfer of the ProjectCo Interests and performance of the Work and achievement of Project Final Completion and is inclusive of all sales, use and other Taxes related to or incurred in connection with the Transactions, all overhead, general and administrative, project management and similar fees and costs, and all other costs and expenses incurred or to be incurred by Seller, including on behalf of ProjectCo from and after the Closing Date, and, prior to the Closing Date, ProjectCo, in the development and completion of the Work (subject to any Change Order, including the cost of designing, engineering, constructing, and commissioning the Seller IA Facilities). The Contract Price shall be paid when due by wire transfer of immediately available funds to the account specified in writing by Seller for such purpose or, if so requested in writing by Seller, by such alternative means of delivery of immediately available funds or other method of payment as is reasonably acceptable to Purchaser.

Appears in 9 contracts

Samples: Membership Interest Purchase, Project Development and Construction Management Agreement, Membership Interest Purchase, Project Development and Construction Management Agreement, Membership Interest Purchase, Project Development and Construction Management Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!