Common use of Purchase Price and Terms Clause in Contracts

Purchase Price and Terms. $ shall be the Base Price $ shall be the Lot Premium $ shall be the total charge for Options $ Seller paid Closing Costs $ shall be the TOTAL PURCHASE PRICE $ Pass Through Price Increases 1 Notwithstanding any provision to the contrary contained herein, Seller shall be entitled to increase the price to adjust for increases in materials or labor incurred by Seller before closing. Seller shall notify Buyer in writing of any such price increases at least five (5) days before start of construction. Buyer shall have five (5) days from receipt of said notice to terminate this Contract and receive a refund of their xxxxxxx money deposit if the new price is not acceptable. Otherwise, Buyer will be deemed to have approved the new price.

Purchase Price and Terms. $ shall Shall be the Base Price $ shall Shall be the Lot Premium $ shall Shall be the total charge Charge for Options $ Seller Pass through price increases1 $ Xxxxxx paid Closing Costs costs up to this amount. $ shall Shall be the TOTAL PURCHASE PRICE $ Pass Through Price Increases 1 Notwithstanding any provision to the contrary contained herein, Seller Xxxxxx shall be entitled to increase the price to adjust for increases in materials or labor incurred by Seller Xxxxxx before closing. Seller Xxxxxx shall notify Buyer in writing of any such price increases at least five (5) days before start of construction. Buyer shall have five (5) days from receipt of said notice to terminate this Contract and receive a refund of their xxxxxxx money deposit if the new price is not acceptable. Otherwise, Otherwise Buyer will be deemed to have approved the new price. The price can also increase through written change order.