Common use of Lowest Price Clause Clause in Contracts

Lowest Price Clause. The Purchase Price is the lowest price that the parties would have agreed upon for the Lot, at the date this Agreement is entered into under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 and on that basis no income or expenditure arises in respect of the sale and the purchase of the Lot under those rules.

Appears in 3 contracts

Samples: Sale & Purchase Agreement, Sale & Purchase Agreement, Sale & Purchase Agreement

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Lowest Price Clause. The Purchase Price purchase price for the Lot is the lowest price that the parties would have agreed upon for the Lot, at the date this Agreement is entered into Lot under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 Act 2007 and on that basis no income or expenditure arises in respect of the sale and the purchase of the Lot under those rules.

Appears in 1 contract

Samples: Special Conditions of Sale

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Lowest Price Clause. The Purchase Price is the lowest price that the parties would have agreed upon for the LotApartment, and if applicable Carpark(s), at the date this Agreement is entered into under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 and on that basis no income or expenditure arises in respect of the sale and the purchase of the Lot Apartment under those rules.

Appears in 1 contract

Samples: Sale and Purchase Agreement

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