Common use of Deductions From Purchase Price Clause in Contracts

Deductions From Purchase Price. In the event we elect to purchase the assets of the Store, the purchase price will be reduced by: (a) the total current and long term liabilities of the Store assumed by us as described below; and, (b) the amount necessary to upgrade and renovate the Store to meet our then current standards for a Domino’s Pizza Store; and, (c) our reasonable attorney’s fees incurred in connection with enforcing this Agreement or in securing possession of the Store. We will assume all current and long term liabilities, whether or not included on your financial statements up to the amount of the purchase price subject, however, to all defenses available to you. Further, the amount we charge for upgrading and renovating the Store will not exceed one and one-half percent (1-1/2%) of the royalty sales of the Store from the date of opening to the date of termination or expiration reduced by an amount equal to the total expenditures made by you for renovation and upgrading of the Store at our request up to the date of termination or expiration.

Deductions From Purchase Price. In the event we elect to purchase the assets of the Store, the purchase price will be reduced by: (a) the total current and long term liabilities of the Store assumed by us as described below; and, (b) the amount necessary to upgrade and renovate the Store to meet our then current standards for a Domino’s 's Pizza Pizzazz Store or Domino's C Store, as applicable; and, (c) our reasonable attorney’s fees incurred in connection with enforcing this Agreement or in securing possession of the Store. We will assume all current and long term liabilities, whether liabilities (except liabilities to you or your owners or secured by or relating to delivery vehicles which we are not included on your financial statements purchasing) up to the amount of the purchase price subject, however, to all defenses available to you. Further, the amount we charge for upgrading and renovating the Store will not exceed one and one-half percent (1-1/2%) of the royalty sales of the Store from the date of opening to the date of termination or expiration reduced by an amount equal to the total expenditures made by you for renovation and upgrading of the Store at our request up to the date of termination or expiration.

Deductions From Purchase Price. In the event we elect exercise our option to purchase the assets Assets of the Store, the purchase price will be reduced by: (a) the total current and long term liabilities of the Store assumed by us as described below; , and, (b) the amount necessary to upgrade and renovate the Store to meet our then current standards for a Domino’s Pizza Store; and, (c) our reasonable attorney’s fees incurred in connection with enforcing this Agreement or in securing possession of the DOMINO'S PIZZA Store. We will assume all current and long term liabilities, whether liabilities (except liabilities to you or your Owners or secured by or relating to delivery vehicles which we are not included on your financial statements purchasing) up to the amount of the purchase price subject, however, to all defenses available to you. Further, the amount we charge for upgrading and renovating the Store will not exceed one and one-half percent (1-1- 1/2%) of the royalty sales Royalty Sales of the Store from the date of opening to the date of termination or expiration reduced by an amount equal to the total expenditures made by you for renovation and upgrading of the Store at our request up to the date of termination or expiration.

Deductions From Purchase Price. In the event we elect to purchase the assets of the Store, the purchase price will be reduced by: (a) the total current and long term liabilities of the Store assumed by us as described below; and, (b) the amount necessary to upgrade and renovate the Store to meet our then current standards for a Domino’s 's Pizza Store; and, (c) our reasonable attorney’s fees incurred in connection with enforcing this Agreement or in securing possession of the Store. We will assume all current and long term liabilities, whether or not included on your financial statements up to the amount of the purchase price subject, however, to all defenses available to you. Further, the amount we charge for upgrading and renovating the Store will not exceed one and one-half percent (1-1/2%) of the royalty sales of the Store from the date of opening to the date of termination or expiration reduced by an amount equal to the total expenditures made by you for renovation and upgrading of the Store at our request up to the date of termination or expiration.