Developer Option Purchase Price and Payment Sample Clauses

Developer Option Purchase Price and Payment. In the event that the Developer Option is exercised by Developer as aforesaid, then the purchase price for the Residual City Parcel shall be the aggregate of (A) the total purchase price and related costs and expenses actually paid by City to acquire the Residual City Parcel in accordance with the provisions of Section 2.1(a)(iii) above, together with interest thereon from the date of the Xxxxxx/Xxxx Parcels Closing to and until the Developer Option Closing Date (as hereinafter defined) at a rate of interest equal to five percent (5%) per annum, plus (B) the amount of any and all reasonable, out-of-pocket expenses actually incurred by City during the period of City’s ownership thereof (including, without limitation, real estate taxes and assessments, insurance, maintenance and/or utility expenses), less (C) the amount of any rents or revenues actually received by City during the period of City’s ownership of the Residual City Property, and less (D) the amount of any Developer Option Payments actually paid by Developer to City as aforesaid (collectively, the “Developer Option Purchase Price”, which shall be evidenced by appropriate documentation from City as reasonably requested by Developer). The Developer Option Purchase Price shall be paid by Developer to City in cash at the Developer Option Closing (as hereinafter defined).
Sample 1
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Related to Developer Option Purchase Price and Payment

  • PURCHASE PRICE AND PAYMENT The total Purchase Price for the Property is the amount of the successful bid for the Cabin/Home Site at public auction plus the Maximum Value of the Personal Property.

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • Price and Payment 4.1 Unless otherwise specified in the Purchase Order, the price for the Work includes all taxes and other charges such as shipping and delivery charges, duties, customs, tariffs, imposts and government-imposed surcharges. Supplier will, at Cisco’s request, break-out from the price all such taxes and other charges, in its invoices. Supplier shall use its best efforts to assist Cisco in all legal efforts to minimize the taxes resulting from the performance of this Purchase Order.

  • Price and Payments (a) For each Order, Customer shall pay the amounts invoiced to Customer. Except as otherwise provided herein, all sales are final and non-refundable. In addition to any other remedies it may have, S&SC shall have the right to suspend Customer’s access to and use of the Cloud Services during such time as any amount owed by Customer is past due.

  • Contract Price and Payment In addition, the Contractor shall be entitled to receive from the payments made by the insurers the amount of the Contractor’s interest in the restoration of the Work.

  • PURCHASE PRICE & TERMS The Buyer agrees to purchase the Property by payment of US Dollars ($ ) as follows: (check one) ☐ - All Cash Offer. No loan or financing of any kind is required in order to purchase the Property. Buyer shall provide Seller written third (3rd) party documentation verifying sufficient funds to close no later than , 20 , at : ☐ AM ☐ PM. Seller shall have three (3) business days after the receipt of such documentation to notify Buyer, in writing, if the verification of funds is not acceptable. If Buyer fails to provide such documentation, or if Seller finds such verification of funds is not acceptable, Seller may terminate this Agreement. Failure of Seller to provide Buyer written notice of objection to such verification shall be considered acceptance of verification of funds.

  • Price and Payment Terms 3.1 In consideration of the provision of Services by Provider as may be requested by the Trust pursuant to a SOW, and subject to the terms of this Agreement, the Trust will pay Provider the SOW Agreement Amount or SOW Fees as defined in and set forth in each executed SOW (or SOW Modification Memorandum issued by the Trust) for the Services expressly authorized in each such SOW.

  • 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.

  • PURCHASE PRICE & PAYMENT The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • THE PURCHASER AND PAYMENT OF PURCHASE PRICE 8.1 Immediately after the fall of the hammer and upon being declared the successful purchaser of the Property, the Purchaser shall execute the memorandum attached hereto (`the Memorandum’).

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