Common use of Agreement to Sell and Purchase Development Rights Clause in Contracts

Agreement to Sell and Purchase Development Rights. The Seller agrees 21 to sell all of the Development Rights in the Land to the County and the County agrees to purchase 22 all of the Development Rights in the Land from the Seller on the Closing Date for the purchase 23 price of $ (the “Purchase Price”). The Purchase Price is equal to $100,000.00 per

Agreement to Sell and Purchase Development Rights. The Seller agrees 21 22 to sell all of the Development Rights in the Land to the County and the County agrees to purchase 22 23 all of the Development Rights in the Land from the Seller on the Closing Date for the purchase 23 24 price of $ (the “Purchase Price”). The Purchase Price is equal to $100,000.00 per

Agreement to Sell and Purchase Development Rights. The Seller 22 agrees 21 to sell all of the Development Rights in the Land to the County and the County agrees to 23 purchase 22 all of the Development Rights in the Land from the Seller on the Closing Date for the 24 purchase 23 price of $ (the “Purchase Price”). The Purchase Price is equal to $100,000.00 per25 per Development Right for the first six (6) Development Rights (per parcel) and $50,000.00 for 26 each additional Development Right above six (6) (per parcel) for eleven (11) Development

Agreement to Sell and Purchase Development Rights. The Seller agrees 21 22 to sell all of the Development Rights in the Land to the County and the County agrees to purchase 22 23 all of the Development Rights in the Land from the Seller on the Closing Date for the purchase 23 24 price of $ (the “Purchase Price”). The Purchase Price is equal to ) $100,000.00 per100,000 multiplied 25 by the remaining two (2) Development Rights on the parcel and $50,000.00 for each of the 26 additional three (3) Development Rights on the parcel based on the actual number of Development