Credit Against Purchase Price. The amount of the Deposit will be applied to the Purchase Price at the Close of Escrow, but will be retained by Seller as its liquidated damages as provided in Section 12.2 if Escrow fails to close as a result of Buyer's default.
Credit Against Purchase Price. If the time specified for cutting and removal of timber has expired or the rights of Purchaser have been cancelled, or the Purchaser has notified the Authorized Officer that cutting and removal has been completed, Purchaser shall be entitled to a credit against the total actual purchase price for timber remaining on the contract area. The Contracting Officer shall determine the credit value of the remaining timber as soon as possible after the date of expiration, cancellation, or notification. Credit value of the remaining timber shall be total market value as established by the Contracting Officer by reappraisal or resale, or total value based upon contract unit prices shown on Exhibit B, whichever is less. There shall be deducted from credit value such amounts as the Contracting Officer determines adequate to cover costs to Government resulting from Purchaser’s failure to perform, including but not limited to costs of appraising and administering any resale of timber, and the cost of cruising and scaling to determine volumes under Sec. 3(g).
Credit Against Purchase Price. If the time specified for cutting and removal of timber has expired or the rights of Purchaser have been cancelled, Purchaser shall be entitled to a credit against any amount which is due and owing Government for timber remaining on the contract area. The Contracting Officer shall determine the credit value of the remaining timber as soon as possible after the date of expiration or cancellation. Credit value of the remaining timber shall be total market value as established by the Contracting Officer by reappraisal or resale, or total value based upon contract unit prices as shown on Exhibit B, whichever is less. There shall be deducted from credit value such amounts as the Contracting Officer determines adequate to cover costs to Government resulting from Purchaser’s failure to perform, including but not limited to costs of appraising and administering any resale of timber.
Credit Against Purchase Price. Any purchase of a Tenant's ----------------------------- Property interest by the Corporation, whether under this Agreement or otherwise, shall include a credit against the purchase price equal to the percentage interest in the Property being purchased multiplied by the sum of (1) any subdivision costs expended by the Corporation pursuant to Section 5. below, and (2) 80% of the First Refusal Premium. In no event, however, may such credit exceed the purchase price.
Credit Against Purchase Price. At Closing, Buyer shall receive a credit against the Purchase Price in an amount equal to the then outstanding amount of those liabilities of Borrower that are assumed by Buyer and that are reflected on Schedule 2.3 hereof.
Credit Against Purchase Price. Buyer shall receive a credit in the amount of Sixty-Five Thousand Dollars ($65,000) from Seller to be applied against the Purchase Price at closing under the Agreement.
Credit Against Purchase Price. Buyer shall receive as a credit on the Purchase Price the following sums:
3.3.1 $125,000 plus accrued interest on that certain promissory note executed by the Company on April 10, 1997 in favor of MWI, which as of the will be deemed paid in full;
3.3.2 $15,000, representing rent for the Company for the Marcus Hook, Pennsylvania premises for the month of May 1997, to the extent such rent was paid by Buyer or MWI;
3.3.3 All sums owed by the Company to Safety Disposal System of South Carolina, Inc., a wholly owned subsidiary of MWI;
3.3.4 The penalty portion of the Department of Environmental Protection fine levied on the Business; and
3.3.5 Such other sums as may be advanced by MWI or the Buyer to pay accounts payables or other obligations of the Company existing as of June 1, 1997, which Buyer deems necessary to preserve the Business.
Credit Against Purchase Price. If the Buyer exercises the Option, the Option Fee shall be credited against the Purchase Price. If the Buyer does not exercise the Option, then the Option Fee shall become the sole property of the Seller.
Credit Against Purchase Price. In addition to any other rights or remedies Buyer may have at law, in equity or pursuant to any other agreement (including, the Nondisturbance Agreement (as defined below)), any sums paid by Buyer to Lender to cure any default under the Loan may, at Buyer's election, be credited against the Purchase Price at the Close of Escrow.
Credit Against Purchase Price. In connection with the sale and future development of the Property, Seller may be required by Baltimore County to make, or pay for, certain off-site improvements to Painters Mill Road including the construction of acceleration/deceleration lanes and the installation of a traffic light at the intersection of Painters Mill and Lyxxx Xill Roads. At such time as the cost of these improvements (which shall not include any items specified in Section 9 hereof except the Painters Mill Road improvements) are finally determined, Seller shall submit to Buyer
