Purchase Price Balance. As long as no Default or Event of Default has occurred and is continuing, the Purchase Price Balance, at any time of the determination thereof, in respect of any item of Equipment will equal (x) the Purchase Price for such Equipment minus (y) any payments allocated to reduce the Purchase Price Balance of such Equipment hereunder. Upon the occurrence, and during the continuation of, a Default or an Event of Default, the Purchase Price Balance at such time in respect of any item of Equipment shall be such amount as the Seller may, in good faith, determine. The Seller shall maintain in its records a running calculation of the Purchase Price Balance in respect of such Equipment which calculation, absent manifest error, shall be deemed conclusively correct. The aggregate Purchase Price Balance of any Equipment may be adjusted upward if and to the extent that at any time all or any part of any payment theretofore received by Seller from or on behalf of Purchaser pursuant to Section 3.2 or 3.5(a) in respect of such Equipment, or any of the other obligations of Purchaser hereunder or under the Note or any other Conditional Sale Document, is or must be rescinded, released, rebated or returned by Seller to Purchaser, any Qualified Lessee or any other person for any reason whatsoever (including, without limitation, the insolvency, bankruptcy, winding-up or reorganization of Purchaser, any Qualified Lessee or any other person, or in respect of any obligation owed to any Qualified Lessee under the Lease Documents), in which case, the obligations of Purchaser, shall, for purposes of this Agreement and the other Conditional Sale Documents, be deemed to be readjusted or reinstated to the extent of any such recovery notwithstanding such payment, as though such payment had not been made. The allocation of any such upward adjustment to the Purchase Price Balance of the Equipment shall be made by Seller in the good faith exercise of its reasonable discretion.
Purchase Price Balance. In accordance with the provisions set forth below, Purchaser or Seller (as applicable) shall deliver to the other an amount equal to the Inventory and Adjustment Amount minus One Hundred Thirty Million Dollars ($130,000,000) (the "PURCHASE PRICE BALANCE").
Purchase Price Balance. Prior to the Closing, Buyer shall deliver the balance of the Purchase Price to Escrow Holder, plus or minus, as applicable, Buyer’s share of costs, expenses and prorations. Buyer shall have no obligation to pay the balance of the Purchase Price unless it elects, in its sole discretion, to provide the Approval Notice and all other conditions to the Closing have been satisfied.
Purchase Price Balance. If Buyer provides the Feasibility Approval Notice and the Title Approval Notice on or prior to the expiration of the Feasibility Period, and provided all of the other conditions precedent to Buyer's obligation to purchase the Property are timely satisfied, then, at least one (1) business day prior to the Close of Escrow, Buyer shall deposit with Escrow Holder by cash, cashier's check, or other immediately available funds the sum of (a) the Purchase Price, less (b) the Deposits (the "Purchase Price Balance"), plus (d) Buyer's Escrow charges and other cash charges as set forth in Section 3.1.2 below.
Purchase Price Balance. 2 Purchaser...........................................1
Purchase Price Balance. On or before the Closing Date (as defined in Section 4(b) below), Buyer shall deposit with Escrow Holder cash in the amount of the Purchase Price, less the sum of the Initial Deposit and the Additional Deposit and all interest accrued thereon.
Purchase Price Balance. Provided that this Agreement has not previously terminated, not later than one (1) Business Day prior to the Closing Date, Buyer shall deliver the balance of the Purchase Price, together with Buyer's share of costs, expenses and prorations, to Escrow Holder by wire transfer of immediately available funds.
Purchase Price Balance. At Closing, the Buyer shall pay to the Seller the sum of $28,470,000, representing the balance of the Purchase Price.
Purchase Price Balance. The balance of the Purchase Price, subject to any prorations and other credits as set forth in this Agreement, shall be delivered in immediately available funds on or before the Closing Date by Purchaser to Escrow Agent.
Purchase Price Balance. The Balance, as adjusted for apportionments and other adjustments required under this Agreement.
