Basic Purchase Price Sample Clauses
The Basic Purchase Price clause defines the initial amount that the buyer agrees to pay the seller for the goods, services, or assets being transferred under the agreement. This clause typically specifies the total price, the currency, and may outline any adjustments or exclusions, such as taxes or fees that are not included in the stated amount. By clearly stating the purchase price, this clause ensures both parties have a mutual understanding of the financial terms, reducing the risk of disputes over payment obligations.
Basic Purchase Price. The purchase price payable to Sellers for the Company Stock shall be Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000.00) (the "Basic Purchase Price"), to be paid in immediately available federal funds, subject to adjustment as provided in Section 1.03.
Basic Purchase Price. The Basic Purchase Price at which a holder may exercise this Warrant shall be a price per share equal to Twenty-two and No/100 Dollars ($22.00).
Basic Purchase Price. The purchase price to be paid by Buyer for the Property is $825,000. The purchase price is subject to adjustment for proration of real estate taxes (including special assessments, if any), personal property taxes, and water and sewer bills with respect to the Property (as adjusted, the “Purchase Price”). The parties shall arrange for termination of Seller’s utility service at the Property on the Closing Date, and resumption of such service in the name of Buyer immediately thereafter. Seller shall be responsible for and pay all charges for utility service at the Property prior to and including the Closing Date, while Buyer shall be responsible for and pay all charges for such utility services after the Closing Date.
Basic Purchase Price. The Basic Purchase Price at which a holder may exercise this Warrant shall be a price per share initially equal to $4.79; provided, however, in the event a Private Placement is effected on or before the date which is one year from the date of this Warrant and the offering price in such Private Placement is less than $4.79, the Basic Purchase Price of the Warrant shall be adjusted to be equal to (i) in the case of an Insider Private Placement, the issue price in such Private Placement and (ii) in the case of a Private Placement other than an Insider Private Placement, eighty percent (80%) of the issue price in such Private Placement.
Basic Purchase Price. The purchase price of the Assets (herein called the "Purchase Price") shall be THREE HUNDRED THOUSAND DOLLARS ($300,000), based on September 9, 2007 inventory value of $179,203. If the inventory value at Closing is higher or lower by more than 5% the price shall be adjusted upward or downward by the inventory value in excess of the 5% permitted variance. The Purchase Price shall be allocated as set forth in SCHEDULE 2.01 attached hereto. The Buyer and the Seller (i) shall execute and file all tax returns in a manner consistent with the allocation so set forth on SCHEDULE 2.01 and (ii) shall not take any position on any tax return, before any governmental authority or in any judicial proceeding that is inconsistent with such allocation. The Seller and the Buyer shall each timely file a Form 8594 with the Internal Revenue Service in accordance with the requirements of Section 1060 of the Internal Revenue Code. .