Purchase Price Considerations Sample Clauses

Purchase Price Considerations. 22 14. Conditions of the Offer .................................... 23 15.
Sample 1
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Purchase Price Considerations. The Purchaser has set the Purchase Price at $725 net per BAC (subject to adjustment as set forth in this Offer to Purchase). The Purchaser considered the estimated potential benefits to a non-tendering BACs holder (see below in this Section 13) and determined the Purchase Price in order to provide comparable potential benefits to a tendering BACs holder. If you tender your BACs pursuant to the Offer, the Purchaser believes your aggregate benefits will total $1,603: Purchase Price: $ 725 Tax Credits Received through December 15, 1997: 393 Tax Savings: 81 Interest to Be Earned on Investing Purchase Price: 426 Historic Tax Credit Recapture: (22) ------ $1,603 ====== If you retain your BACs, the Purchaser believes your aggregate benefits will total $1,587: Tax Credits Received through December 15, 1997: $ 393 Present Value of Expected Remaining Tax Credits: 907 Present Value of Original Investment, if returned: 287 ------- $1,587 ======= The Purchaser believes that the projected aggregate per BAC benefit from the Offer, together with the benefits received since 1993, total approximately $1,603. Such benefits include $725 (the Purchase Price) plus $393 (representing the Tax Credits allocated through December 15, 1997) plus approximately $81 (representing the tax savings, assuming a tax rate of 20% for capital gain and 36% for ordinary income, attributable to the use of a capital loss of $15 and an ordinary loss of $225 the Purchaser believes an individual BACs holder will realize if all of his BACs are sold in the Offer) plus approximately $426 (representing the assumed return on the reinvestment of the Purchase Price at 5.75% for approximately 12 years, discounted at a rate of 9%) less approximately $22 (representing a recapture of Historic Tax Credits). The projected benefit of $1,603 assumes the BACs holder acquired the BACs pursuant to the original offering and such BACs holder did not utilize any passive losses. The projected benefit may be more or less depending on, among other things, a tendering BACs holder's tax rate and the return a tendering BACs holder may earn upon investing the Purchase Price. The Purchaser believes that such aggregate projected benefit compares favorably with the potential benefits to a BACs holder who remains in the Partnership (together with the benefits received since 1993), continuing to receive Tax Credits, and assuming a return of the present value of the original investment of $1,000 as, and if, the 15 properties owned by ...
Sample 1
Purchase Price Considerations. The Purchasers have set the Purchase Price at $7.45 net per Unit (subject to adjustment as set forth in this Offer to Purchase). The Purchasers established the Purchase Price by analyzing a number of quantitative and qualitative factors including: (i) the absence of a significant number of recent secondary market resales of the Units; (ii) the lack of liquidity of an investment in the Partnership; (iii) the costs to the Purchasers associated with acquiring the Units; (iv) the administrative costs of continuing to own the Partnership's assets through a publicly registered limited partnership; (v) the possibility that Unitholders may realize taxable income in excess of tax distributions from the Partnership in future years; (vi) the inability of Unitholders to exercise effective control over the management of the Partnership through the annual election of the General Partners; and (vii) estimated transaction costs of completing the Offer. The Form 10-K states that "(t)here is no public market for the Units and it is not anticipated that any such public market will develop." At present, privately negotiated sales and sales through intermediaries (e.g., through the trading system operated by Chicago Partnership Board, Inc., which publishes sales by holders of Units) are the only means available to a Unitholder to liquidate an investment in Units (other than the Offer) because the Units are not listed or traded on any exchange or quoted on any NASDAQ list or system. According to Partnership Spectrum, an independent third-party industry publication, for the six months ended November 30, 1996, a total of 59,006.6 Units traded at per Unit prices between $6.70 and $7.50 with a weighted average of $7.15 per Unit. Set forth below is a schedule of the trading activity of Units during the six-months ended November 30, 1996, in two-month intervals, as reported by The Partnership Spectrum: Trading Activity for Six-Month Period Ended November 30, 1996 ------------------------------------------------------------- Period Low/High No. of Units Traded Total Volume ------ -------- ------------------- ------------ June 1, 1996 - July 31, 1996 $6.79/$7.44 25,395.4 $181,563.46 August 1, 1996 - September 30, 1996 $6.70/$7.44 20,420.2 146,099.53 October 1, 1996 - November 30, 1996 $6.70/$7.50 13,191.0 94,038.40 ----------- -------- ----------- TOTALS: $6.70/$7.50 59,006.6 $421,701.39 ------- ======== =========== Unitholders are advised, however, that such gross sales prices reporte...
Sample 1
Purchase Price Considerations. 21 14. Conditions of the Offer. . . . . . . . . . . . . . . . . . . 22 15.
Sample 1
Purchase Price Considerations. The Purchaser has set the Purchase Price at $750 net per BAC (subject to adjustment as set forth in this Offer to Purchase). The Purchaser considered the estimated potential benefits to a non-tendering BACs holder (see below in this Section 13) and determined the Purchase Price in order to provide comparable potential benefits to a tendering BACs holder. If you tender your BACs pursuant to the Offer, the Purchaser believes your aggregate benefits will total $1,189: Purchase Price: $ 750 Tax Credits Received through November 30, 1998: 83 Tax Savings: 64 Interest to Be Earned on Investing Purchase Price: 292 ------ $1,189 ====== If you retain your BACs, the Purchaser believes your aggregate benefits will total $1,140: Tax Credits Received through November 30, 1998: $ 83 Present Value of Expected Remaining Tax Credits: 753(a) Present Value of Original Investment, if returned: 304 ------ $1,140 ======
Sample 1
Purchase Price Considerations. 19 SECTION 14.
Sample 1
Purchase Price Considerations. Section 13 in the Offer to Purchaser is hereby supplemented as follows: The Purchaser has increased the Purchase Price to $925.00 net per Unit. The Purchaser considered the trading prices for the Units in the secondary market during the twelve-month period ended June 30, 1997 and the estimated present value of the expected remaining Low-Income Housing Credits in setting the original offer price. The Purchaser has re-priced this Offer in response to the change in market conditions caused by the recent competing public tender offer that has been commenced on the Partnership by Everest Properties, LLC and/or its affiliates (collectively "Everest") and the increase in the Everest purchase price to $925 per Unit on August 20, 1997. ************ For your convenience, we have included herewith another copy of the Letter of Transmittal. For Units to be validly tendered pursuant to the Offer, a Letter of Transmittal, properly completed and duly executed, together with any other documents required by the Letter of Transmittal, must be received by the Administrative Agent/Depositary at its address on the back cover page of the Offer to Purchase on or prior to the Expiration Date. HOWEVER, LIMITED PARTNERS WHO HAVE ALREADY TENDERED THEIR UNITS TO THE PURCHASER WILL AUTOMATICALLY RECEIVE THE INCREASED PURCHASE PRICE WITHOUT TAKING ANY FURTHER ACTION. Oldham Institutional Tax Credits LLC
Sample 1
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Related to Purchase Price Considerations

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • Purchase Price The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received. The initial principal amount of the related Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans, so computed as of the related Cut-off Date. If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current principal amount of the related Mortgage Loans as of the related Cut-off Date at the weighted average Mortgage Interest Rate of those Mortgage Loans. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid to the Seller by wire transfer of immediately available funds to an account designated by the Seller in writing.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • Purchase Price Payments 23 Section 10.02. THE PURCHASER NOTE.........................................................................23 ARTICLE XI Confidentiality.......................................................................................24 ARTICLE XII Term.................................................................................................25

  • Share Purchase Price The aggregate purchase price for the Purchased Shares (the "Share Purchase Price") will consist of the payment of an amount of cash, equal to $30.10 per Purchased Share, as set forth on Schedule I.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • The Purchase Price Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.

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