Equity Sharing Agreement Clause Samples
An Equity Sharing Agreement is a contractual arrangement that outlines how ownership interests in a property, business, or asset are divided among multiple parties. Typically, this clause specifies the percentage of equity each party holds, the terms for contributing capital or resources, and the process for distributing profits or losses. By clearly defining each party's stake and responsibilities, the agreement helps prevent disputes and ensures transparency in the management and eventual disposition of the shared asset.
Equity Sharing Agreement. The Agreement between the City and Eligible Buyer whereby Eligible Buyer agrees to share the Net Appreciation with the City upon the resale of the Workforce Housing Unit in accordance with Chapter 16, Article VIII of the City Code.
Equity Sharing Agreement. Borrower acknowledges that the Property was developed as an affordable housing unit, which enabled Borrower to acquire the Property at a purchase price below the market price for the Property. In connection with ▇▇▇▇▇▇▇▇’s purchase of the Property, City and Borrower have, concurrently herewith, entered into an Equity Sharing Agreement that requires Borrower, upon the occurrence of certain events, including, without limitation, Borrower’s sale of the Property, to repay the difference between ▇▇▇▇▇▇▇▇’s purchase price for the Property and the market price for the Property, plus a share of the Property’s appreciation during ▇▇▇▇▇▇▇▇’s ownership of the Property, all as more fully set forth in the Equity Sharing Agreement.