Contract Purchase Price. The amount actually paid or allocated in respect of the purchase, development, construction or improvement of an Asset, or the amount of funds advanced with respect to a Mortgage, exclusive of Acquisition Fees and Acquisition Expenses.
Contract Purchase Price. The term “Contract Purchase Price” shall mean (i) the amount actually paid or allocated in respect of the acquisition of a Property, (ii) the Corporation’s proportionate share of the amount actually paid or allocated in respect of the Real Property owned by any real estate related entity in which the Corporation acquires a majority economic interest or which the Corporation consolidates for financial reporting purposes in accordance with generally accepted accounting principals, (iii) the amount actually paid or allocated in respect of an investment in any other real estate related entity or (iv) the amount actually paid or allocated in respect of the origination or acquisition of Mortgages, other debt investments or other investments; in each case including any third party expenses, debt, whether borrowed or assumed, and exclusive of Acquisition Fees and Acquisition Expenses.
Contract Purchase Price. The amount actually paid or allocated (as of the date of purchase) to the purchase, development, construction or improvement of property, exclusive of Acquisition Fees and Acquisition Expenses.
Contract Purchase Price. The amount of monies or other consideration paid or contributed by the Company or the Partnership, from time to time, (i) to acquire, directly or indirectly, any Asset (other than a Mortgage) or an Incremental Interest in an Asset, and including any indebtedness for money borrowed to finance the purchase, indebtedness secured by such Asset, which is assumed, or indebtedness that is refinanced or restructured, all in connection with the acquisition, and which is or will be secured by such Asset at the time of the acquisition, (ii) to make any Property Improvements, or (iii) to make a Mortgage. The Contract Purchase Price shall exclude Acquisition Fees and Acquisition Expenses. With respect to monies funded or contributed by the Company or the Partnership to a Joint Venture, the Contract Purchase Price shall be equal to the product of (A) the amount determined in accordance with the foregoing and (B) the Ownership Percentage.
Contract Purchase Price. The amount of (i) total consideration incurred in respect of the acquisition, development, construction or improvement of a Property, (ii) gross funds advanced with respect to a Mortgage or other loan, or (iii) total consideration incurred in respect to the making of other investments, in each case exclusive of Acquisition Fees and Acquisition Expenses but including any debt attributable to such acquired Assets.
Contract Purchase Price. The amount (i) actually paid and/or budgeted by the Company in respect of the purchase, development, construction or improvement of a Property, (ii) of funds advanced by the Company with respect to a Mortgage or other loan or (iii) actually paid and/or budgeted by the Company in respect to the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses but including any debt obtained or entered into at or prior to the purchase, development, construction or improvement of an Asset and used to fund such transaction (and excluding, to the extent necessary to avoid double counting, any debt financing obtained subsequent to the purchase, development, construction or improvement of an Asset).
Contract Purchase Price. Subject to the provisions of this Section 2, the total purchase price for the Property (the "Sales Price") shall be $2,375,000.00.
Contract Purchase Price. The amount (i) actually paid or allocated in respect of the purchase, development, construction or improvement of a Property, (ii) of funds advanced with respect to a Mortgage or other loan or (iii) actually paid or allocated in respect to the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses but including any debt attributable to such acquired Assets.
Contract Purchase Price. The purchase price of each Contract bought by National Auto shall be an amount specified by National Auto, not to exceed the Amount Financed under the Contract. The purchase price shall be paid to Dealer upon Dealer’s compliance with or satisfaction of the terms, conditions, warranties and representations of this Agreement and the Assignment. Funds will be an ACH transfer from National Auto to Dealer within two business days after the day of receipt by National Auto of all Required Documents.
Contract Purchase Price. This is the “Sales Price” amount the property is sold for. This is the “Principal” amount the Seller will collect for selling his property. The Seller will likely charge an Interest Rate for financing the unpaid balance. DEFAULT: Louisiana Revision Statue 9:2945 (1950) states “If the Buyer under a Bond for Deed contract shall fail to make the payments in accordance with its terms and conditions, the Seller, at his option, may have the Bond for Deed cancelled by proper registry (only through an Attorney at Law or licensed Escrow Agent) in the Conveyance records, provided he has first caused the Escrow Agent to serve notice upon the Buyer, by registered mail at his last known address, that unless payment is made as provided in the Bond for Deed, within Forty-Five days from the mailing date of the notice, the Bond for Deed shall be cancelled. DOWN PAYMENT: This is the amount the Purchaser pays Down towards the Purchase Price on the Closing Date (or deferred on another specified date). This amount must be paid in certified funds. Interest is not applied on the Down Payment. The Down Payment reduces the amount financed. EXISTING MORTGAGE(S): All underlying mortgages for the Seller that will remain on the property MUST be listed. If any liens will be cancelled before this Closing, this information must be noted under Additional Provisions. Please attach a separate sheet of paper if you need more space. Louisiana Revised Statue 2943 states any Bond for Deed contract burdened with an underlying mortgage, must use a licensed Escrow Agent to service a Bond for Deed contract. Escrow Agent shall distribute payments between Seller and Mortgage Holder. ESCROW or IMPOUND ACCOUNT: Mortgage companies usually require a special protected Escrow account to hold funds for the payments of Taxes and Insurances (T&I). Overages in the Escrow Account will not be refunded or reduce the monthly payment until an annual Escrow Account Analysis is performed. Neither the closing agent nor the Administrator can adjust Mortgage Escrow payments or change mortgage company procedures. Administrator will NOT attempt to collect funds from mortgage companies. If the Seller requires reimbursement of any funds held by the mortgage company, it must be stated on the Addendum and settled at the Closing with the Purchaser. If the mortgage holder does not maintain the Escrow / or Impound Account, the Escrow Agent Administrator will, as requested. It is the responsibility of the Seller and Purchaser to ...
