Common use of Purchase Price and Terms of Payment Clause in Contracts

Purchase Price and Terms of Payment. The base purchase price for the Townhome shall be $ (the “Base Purchase Price”). Upon the selection of the Upgrades and approval of the Additional Costs (both as defined in Schedule A), the Base Purchase Price shall be increased by an amount equal to the Additional Costs (collectively, the “Purchase Price”), as more particularly described in Section 3 of Schedule A. A. The Purchase Price shall be paid in the following manner: 1. A five percent (5.0%) deposit shall be paid to Seller concurrently with the execution of this Agreement by Purchaser, equal to $ (the “Deposit”). 2. An additional xxxxxxx money deposit (“Additional Deposit”) shall be paid at the time the Additional Costs are approved by Purchaser (as described in Schedule A). The Additional Deposit shall be equal to fifty percent (50%) of the Additional Costs. 3. The balance of the Purchase Price shall be paid at Closing as provided in Section 2 of Schedule A. B. The Deposit together with the Additional Deposit shall be referred to herein as the “Xxxxxxx Money Deposit”. The Xxxxxxx Money Deposit shall be held in escrow by Chicago Title Insurance Company in accordance with the terms of this Agreement and in accordance with all applicable laws, statutes and regulations. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE XXXXXXX MONEY DEPOSIT SHALL BECOME NON-REFUNDABLE TO PURCHASER WHEN PAID. C. Purchaser will also be required to pay the Association at Closing: (i) a portion of the monthly installment of the assessment for Common Expenses against the Townhome, prorated to the date of settlement, and (ii) an initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the Townhome. These amounts shall be non-refundable.

Purchase Price and Terms of Payment. The base purchase price for the Townhome Home shall be $ (the “Base Purchase Price”). Upon the selection of the Upgrades and approval of the Additional Costs (both as defined in Schedule A), the Base Purchase Price shall be increased by an amount equal to the Additional Costs (collectively, the “Purchase Price”), as more particularly described in Section 3 of Schedule A. A. The Purchase Price shall be paid in the following manner: 1. A five ten percent (5.010%) deposit shall be paid to Seller concurrently with the execution of this Agreement by Purchaser, equal to $ (the “Deposit”). 2. An additional xxxxxxx money deposit (“Additional Deposit”) shall be paid at the time the Additional Costs are approved by Purchaser (as described in Schedule A). The Additional Deposit shall be equal to fifty percent (50%) of the Additional Costs. 3. The balance of the Purchase Price shall be paid at Closing as provided in Section 2 of Schedule A. B. The Deposit together with the Additional Deposit shall be referred to herein as the “Xxxxxxx Money Deposit”. The Xxxxxxx Money Deposit shall be held in escrow by Chicago Title Insurance Company in accordance with the terms of this Agreement and in accordance with all applicable laws, statutes and regulations. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE XXXXXXX MONEY DEPOSIT SHALL BECOME NON-REFUNDABLE TO PURCHASER WHEN PAID. C. Purchaser will also be required to pay the Association at Closing: (i) a portion of the monthly installment of the assessment for Common Expenses against the TownhomeHome, prorated to the date of settlement, and (ii) an initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the TownhomeHome. These amounts shall be non-refundable.

Purchase Price and Terms of Payment. The base purchase price for the Townhome shall be $ (the “Base Purchase Price”). If applicable, the rooftop terrace price for the Townhome shall be $ (the “Rooftop Terrace Price”). The total purchase price for the Townhome shall be $ . Upon the selection of the Upgrades and approval of the Additional Costs (both as defined in Schedule A), the Base Purchase Price (including the Rooftop Terrace Price if selected) shall be increased by an amount equal to the Additional Costs (collectively, the “Purchase Price”), as more particularly described in Section 3 of Schedule A. A. The Purchase Price shall be paid in the following manner: 1. A five percent (5.0%) deposit based on the Base Purchase Price and Rooftop Terrace Price shall be paid to Seller concurrently with the execution of this Agreement by Purchaser, equal to $ (the “Deposit”). 2. An additional xxxxxxx money deposit (“Additional Deposit”) shall be paid at the time the Additional Costs are approved by Purchaser (as described in Schedule A). The Additional Deposit shall be equal to fifty percent (50%) of the Additional Costs. 3. The balance of the Purchase Price shall be paid at Closing as provided in Section 2 of Schedule A. B. The Deposit together with the Additional Deposit shall be referred to herein as the “Xxxxxxx Money Deposit”. The Xxxxxxx Money Deposit shall be held in escrow by Chicago Title Insurance Company in accordance with the terms of this Agreement and in accordance with all applicable laws, statutes and regulations. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE XXXXXXX MONEY DEPOSIT SHALL BECOME NON-REFUNDABLE TO PURCHASER WHEN PAID. C. Purchaser will also be required to pay the Association at Closing: (i) a portion of the monthly installment of the assessment for Common Expenses against the Townhome, prorated to the date of settlement, and (ii) an initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the Townhome. These amounts shall be non-refundable.

Purchase Price and Terms of Payment. The base purchase price for the Townhome shall be $ (the “Base Purchase Price”). If applicable, the Bonus Room/Rooftop Terrace price for the Townhome shall be $ (the “Bonus Room/Rooftop Terrace Price”). If applicable, the Bonus Room Bathroom upgrade price for the Townhome shall be $ (the “Bonus Room Bathroom Upgrade Price”). The total purchase price for the Townhome shall be $ . Upon the selection of the Upgrades and approval of the Additional Costs (both as defined in Schedule A), the Base Purchase Price (including the Rooftop Terrace Price and Bathroom Upgrade Price if selected) shall be increased by an amount equal to the Additional Costs (collectively, the “Purchase Price”), as more particularly described in Section 3 of Schedule A. A. The Purchase Price shall be paid in the following manner: 1. A five percent (5.0%) deposit based on the Base Purchase Price, Rooftop Terrace Price and Bathroom Upgrade Price shall be paid to Seller concurrently with the execution of this Agreement by Purchaser, equal to $ (the “Deposit”). 2. An additional xxxxxxx money deposit (“Additional Deposit”) shall be paid at the time the Additional Costs are approved by Purchaser (as described in Schedule A). The Additional Deposit shall be equal to fifty percent (50%) of the Additional Costs. 3. The balance of the Purchase Price shall be paid at Closing as provided in Section 2 of Schedule A. B. The Deposit together with the Additional Deposit shall be referred to herein as the “Xxxxxxx Money Deposit”. The Xxxxxxx Money Deposit shall be held in escrow by Chicago Title Insurance Company in accordance with the terms of this Agreement and in accordance with all applicable laws, statutes and regulations. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE XXXXXXX MONEY DEPOSIT SHALL BECOME NON-REFUNDABLE TO PURCHASER WHEN PAID. C. Purchaser will also be required to pay the Association at Closing: (i) a portion of the monthly installment of the assessment for Common Expenses against the Townhome, prorated to the date of settlement, and (ii) an initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the Townhome. These amounts shall be non-refundable.

Purchase Price and Terms of Payment. The base purchase price for the Townhome shall be $ (the “Base Purchase Price”). Upon the selection of the Upgrades and approval of the Additional Costs (both as defined in Schedule A), the Base Purchase Price shall be increased by an amount equal to the Additional Costs (collectively, the “Purchase Price”), as more particularly described in Section 3 of Schedule A. A. The Purchase Price shall be paid in the following manner: 1. A five seven and a half percent (5.07.5%) deposit shall be paid to Seller concurrently with the execution of this Agreement by Purchaser, equal to $ (the “Deposit”). 2. An additional xxxxxxx money deposit (“Additional Deposit”) shall be paid at the time the Additional Costs are approved by Purchaser (as described in Schedule A). The Additional Deposit shall be equal to fifty percent (50%) of the Additional Costs. 3. The balance of the Purchase Price shall be paid at Closing as provided in Section 2 of Schedule A. B. The Deposit together with the Additional Deposit shall be referred to herein as the “Xxxxxxx Money Deposit”. The Xxxxxxx Money Deposit shall be held in escrow by Chicago Title Insurance Company in accordance with the terms of this Agreement and in accordance with all applicable laws, statutes and regulations. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE XXXXXXX MONEY DEPOSIT SHALL BECOME NON-REFUNDABLE TO PURCHASER WHEN PAID. C. Purchaser will also be required to pay the Association at Closing: (i) a portion of the monthly installment of the assessment for Common Expenses against the Townhome, prorated to the date of settlement, and (ii) an initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the Townhome. These amounts shall be non-refundable.