Consideration and Manner of Payment. 3 2.1 Merger Consideration..................................3 2.1.1 Basic Purchase Consideration....................3 2.1.2
Consideration and Manner of Payment. A In consideration for the contribution of the Property by the Contributor to the Partnership, subject to the terms and conditions herein, the Partnership agrees to issue to the Contributor or to the partners of the Contributor as designated in writing by the Contributor (collectively, the "Designees" and individually, a "Designee") limited partnership interests in the Partnership (collectively, the "Units" and each one of the Units, a "Unit") having a value, determined as described in paragraph C below, of Thirteen Million Four Hundred Thirty-Four Thousand Five Hundred and Sixty-Three and no/100 Dollars ($13,434,563) (the "Contributor's Contribution Value"). Notwithstanding the above, the Contributor may only designate individuals or entities to be Designees who have established to the reasonable satisfaction of the Partnership that they are accredited investors under applicable securities laws. B In consideration for the contribution of the Management Agreement by Tower to the Partnership, subject to the terms and conditions herein, the Partnership agrees to issue Units having a value, determined as described in paragraph C below, of Seven Hundred Seven Thousand Eighty-Two and no/100 Dollars ($707,082) ("Tower's Contribution Value"). Notwithstanding anything to the contrary herein, the Partnership shall be required to issue the Units to Tower and Tower shall be obligated to contribute the Management Agreement to the Partnership only if and when the Closing occurs with respect to the contribution of the Property by the Contributor to the Partnership.
Consideration and Manner of Payment. 2.1 Merger Consideration 2.1.1
Consideration and Manner of Payment. A. The aggregate consideration payable by Home Properties for 100% of the Interests shall be Twenty Million Five Hundred Thousand and No/100 Dollars ($20,500,000) (the "Consideration").
B. On the Closing Date, each of the Partners who has accepted the Offer shall assign their Interests to Home Properties in exchange for the Exchange Price. As used herein, the term "Exchange Price" means the Consideration less the principal amount on the Closing Date of the Existing Loan (as hereinafter defined), multiplied by the percentage interest of the relevant Partner's Interest in the Partnership as set forth on SCHEDULE 1.
Consideration and Manner of Payment. A. The aggregate consideration payable by Home Properties for 100% of the Interests shall be $___________ (the "Consideration").
B. On the Closing Date, each of the Partners who has accepted the Offer shall assign their Interests to Home Properties in exchange for the Exchange Price. As used herein, the term "Exchange Price" means the Consideration less the principal amount on the Closing Date of the Existing Loan (as hereinafter defined), multiplied by the percentage interest of the relevant Partner's Interest in the Partnership as set forth on SCHEDULE 1.
Consideration and Manner of Payment. Section 2.1 Payments at Closing Subject to adjustment as set forth in Section 2.2, on the Closing Date, the Buyer shall pay the Purchase Price as follows: (i) pay or cause to be paid the Escrow Amount into the Escrow Account to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement and (ii) after payment of the Escrow Amount, pay to the Sellers the balance of the Purchase Price (the “Closing Date Cash Payment”), and such Closing Date Cash Payment will be payable by bank wire transfer of immediately available funds to the account identified by the Sellers. The Sellers shall specify such account(s) in writing at least two (2) days prior to the Closing Date.
Consideration and Manner of Payment. 2.1 Purchase Price 2.2 Payment 2.3 Net Working Capital Adjustment 2.4 Cash
Consideration and Manner of Payment. A. The aggregate consideration payable by Home Properties for 100% of the Interests shall be Twenty-Six Million Seven Hundred Fifty-Six Thousand Three Hundred Thirty-Three and No/100 Dollars ($26,756,333) (the "Consideration").
B. On the Closing Date, each of the Partners who has accepted the Offer shall assign their Interests to Home Properties in exchange for the Exchange Price. As used herein, the term "Exchange Price" means the Consideration less the principal amount on the Closing Date of the Existing Loan (as hereinafter defined), subject to closing adjustments and closing costs,, multiplied by the percentage interest of the relevant Partner's Interest in the Partnership as set forth on Schedule 1.
Consideration and Manner of Payment i) That the total consideration / price of the said Apartment has been agreed at Rs. /- (Rupees Only) from and out of said total consideration the Allottee/s has already paid to the Promoter a sum of Rs. /- (Rupees
Consideration and Manner of Payment
