Common use of Purchase Price; Buyer’s Premium Clause in Contracts

Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price on the Signature Page, being the amount of Buyer’s high bid for the Purchased Tract/s plus a Buyer’s Premium equal to four percent (4.0%) of the bid amount; provided, however, the Purchase Price shall be adjusted in accordance with the provisions of Addendum A (based on surveyed acres), if applicable in accordance with the provisions of Addendum A. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 below (“Closing Agent”) in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this Agreement, less applied Xxxxxxx Money and any other credits due Buyer as provided in this Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 2 contracts

Samples: Agreement to Purchase, Agreement to Purchase

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Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price on the Signature Page, being the amount of Buyer’s high bid for the Purchased Tract/s Tracts plus a Buyer’s Premium equal to four percent (4.0%) of the bid amount; provided, however, the Purchase Price shall be adjusted in accordance with the provisions of Addendum A Exhibit B (based on surveyed acres), ) if applicable in accordance with the provisions of Addendum A. Exhibit B. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 16 below (“Closing Agent”) in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this Agreement, less applied Xxxxxxx Money and any other credits due Buyer as provided in this Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 1 contract

Samples: Agreement to Purchase

Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price Total Purchase Price on the Signature PagePage (the “Purchase Price”), being the amount of Buyer’s high bid for the Purchased Tract/s Tract(s) plus a Buyer’s Premium equal to four five percent (4.05.0%) of the said bid amount; provided, however, the . The Purchase Price shall not be adjusted in accordance subject to adjustment regardless of the number of acres or square feet included with the provisions Purchased Tract(s) as shown in any survey or other record prepared before or after the execution of Addendum A (based on surveyed acres), if applicable in accordance with the provisions of Addendum A. Agreement. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 below (“Closing Agent”) Agent in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this the Agreement, less applied previously-delivered Xxxxxxx Money and any other credits due Buyer as provided in this the Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 1 contract

Samples: Agreement to Purchase

Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price on the Signature Page, being the amount of Buyer’s high bid for the Purchased Tract/s Tracts plus a Buyer’s Premium equal to four ten percent (4.010.0%) of the said bid amount; provided, however, the Purchase Price shall be adjusted in accordance with the provisions of Addendum A Exhibit B (based on surveyed acres), ) if applicable in accordance with the provisions of Addendum A. Exhibit B. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 15 below (“Closing Agent”) in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this Agreement, less applied Xxxxxxx Money and any other credits due Buyer as provided in this Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 1 contract

Samples: Agreement to Purchase

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Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price on the Signature Page, being the amount of Buyer’s high bid for the Purchased Tract/s Property plus a Buyer’s Premium equal to four percent (4.0%) of the bid amount; provided, however, the Purchase Price shall be adjusted in accordance with the provisions of Addendum A (based on surveyed acres), if applicable in accordance with the provisions of Addendum A. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 below (“Closing Agent”) in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this Agreement, less applied Xxxxxxx Money and any other credits due Buyer as provided in this Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 1 contract

Samples: Agreement to Purchase

Purchase Price; Buyer’s Premium. The purchase price for the Property (the “Purchase Price”) consists of the amount in U.S. Dollars which is written as the purchase price on the Signature Page, being the amount of Buyer’s high bid for the Purchased Tract/s Tracts plus a Buyer’s Premium equal to four percent (4.0%) of the bid amount; provided, however, the Purchase Price shall be adjusted in accordance with the provisions of Addendum A (based on surveyed acres), ) if applicable in accordance with the provisions of Addendum A. Prior to the Closing, Buyer shall deliver Good Funds to the company or firm administering the Closing pursuant to Section 13 14 below (“Closing Agent”) in the amount of the Purchase Price, plus expenses charged to Buyer as provided in this Agreement, less applied Xxxxxxx Money and any other credits due Buyer as provided in this Agreement. “Good Funds” means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

Appears in 1 contract

Samples: Agreement to Purchase

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