Credit Toward Purchase Price Sample Clauses

Credit Toward Purchase Price. All payments made under Sections 3.A and 3.B above shall be credited toward the Purchase Price for the Premises.
Sample 1Sample 2
AutoNDA by SimpleDocs
Credit Toward Purchase Price. Seller acknowledges that it is gaining considerable value from the Easement and Xxxxx’s construction of the Improvements that Seller will benefit from when using the Easement. Buyer and Seller agree that such value exceeds the Purchase Price and that, at Closing, Buyer shall be credited with the full amount of the Purchase Price; provided that, Seller shall have no obligation to provide a monetary payment to Buyer for any amount of the credit that exceeds the Purchase Price.
Sample 1
Credit Toward Purchase Price. The Vendors and the Companies hereby acknowledge that CTI has advanced funds to Flowray pursuant to the Memorandum of Agreement dated March 27, 2003 .On the First Closing Date $830,000 of such loan advances will be applied toward and credited against the purchase price of $450,000 payable by the Purchaser to the Vendors for previously issued Shares and $380,000 of such loan advances will be applied toward and credited against the purchase price of $750,000 payable by the Purchaser to the Company for Treasury Shares; $960,000 of such loan advances will remain as a Shareholder Loan. The Purchaser and CTI acknowledge that upon transfer and issuance of the applicable number of previously issued and treasury Shares to the Purchaser on the First Closing Date in accordance with Schedule “I”, $830,000 of the outstanding loan principal owed by Flowray to CTI will be paid and satisfied in full. Funds advanced in accordance with Schedule “I” will be applied proportionately to Shareholder Loans and Share Purchases.
Sample 1
Credit Toward Purchase Price. To the extent permitted by law, upon any foreclosure sale, the Lender may, in lieu of paying cash toward the purchase price, after allowing for costs and expenses of the sale, compensation and other charges, including attorneys' fees, apply any portion or all of the amounts due under the Loan to the purchase price to the extent necessary to satisfy the purchase price.
Sample 1

Related to Credit Toward Purchase Price

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Final Purchase Price Xxxxxxx and Buyer agree that (a) the Deposit shall be applied to the final purchase price of the puppy, (b) the remaining balance will become due at the time of picking a puppy, at least 2 weeks before the puppy is delivered and/or ownership is transferred from Breeder to Buyer if paying any other way besides cash. The total purchase price for the puppy is $ . The foregoing purchase price does not include any delivery or shipping charges.

  • Total Purchase Price (High Bid + Buyer’s Premium) $

  • Initial Purchase Price The VFN is to be purchased at a price (the “Initial Purchase Price”) equal to 100% of the Initial Note Principal.

  • Base Purchase Price Buyer agrees to pay for the Assets the total sum of Thirty Million and No/100 Dollars ($30,000,000.00) (“Base Purchase Price”) to be paid by direct bank deposit or wire transfer in same day funds at the Closing, subject only to the price adjustments set forth in this Agreement.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the "Purchase Price") shall be the amount equal to $1.00 (the "Purchase Price").

  • Additional Purchase Price The purchase price for the Additional Shares (the "Additional Purchase Price") shall be an amount equal to (i) the difference between (1) the aggregate proceeds to Purchaser from the sale of the Optional Securities and (2) the aggregate cost to Purchaser, as notified by Purchaser to Seller at the Second Time of Delivery, of the Additional STRIPS, multiplied by (ii) a fraction, the numerator of which is the Firm Share Base Amount and the denominator of which is the number of Firm Securities.

Time is Money Join Law Insider Premium to draft better contracts faster.