Purchase Price For Clause Samples
The "Purchase Price For" clause defines the total amount that the buyer agrees to pay for the goods, services, or assets specified in the contract. It typically outlines whether the price is fixed, adjustable, or subject to certain conditions, and may detail payment terms such as installments, deposits, or timing of payments. This clause ensures both parties have a clear understanding of the financial obligations involved, thereby preventing disputes over payment expectations and providing a basis for enforcing the agreed-upon transaction.
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Purchase Price For. SHARES BEING ACQUIRED; METHOD OF PAYMENT. Buyer agrees to pay to Seller the "Formula Price" (as hereinafter defined) for the Shares. For purposes of this Agreement, the "Formula Price" shall be calculated as of the close of business on the last business day of the calendar month preceding the Closing Date (such last business day of the calendar month preceding the Closing Date is referred to herein as the "Determination Date").
Purchase Price For. THE PURCHASED ASSETS
Purchase Price For and in full consideration of the sale of the Property, at the Time of Possession, Buyer shall assume the Assumed Liabilities and pay to Seller by wire transfer of immediately available funds to an account designated by Seller, a purchase price of Two Hundred Seventy Eight Million Dollars ($278,000,000.00) (the “Cash Consideration”), plus the amount of the Bankroll and Tray Ledger, subject to the adjustments, if any, pursuant to the Closing Statement in accordance with Section 11.4 (collectively, the “Purchase Price”). As used herein “Tray Ledger” means any accounts receivable of registered guests who have not checked out and who are occupying rooms at the Hotel/Casino at the Time of Possession.
Purchase Price For each Contract SEAF agrees to purchase, SEAF will pay Dealer the “Amount Financed” as reflected in the Contract, less an agreed-upon discount and acquisition fee, less any insurance premiums advanced by SEAF, exclusive of financing charges included in the Contract (“Purchase Price”). SEAF is under no obligation to pay the Purchase Price unless and until it receives and verifies within thirty (30) days of its conditional approval of the Contract certain documents specified by SEAF, including but not limited to the following: (a) the original executed Contract and a true and correct copy of all other related documents in correct and complete form properly executed by Customer and an appropriate assignment of the Contract by Dealer to SEAF; (b) a copy of the application for title to the Unit, including all attachments submitted by Dealer to the appropriate governmental agency showing the interests in the Unit as directed by SEAF; (c) if required by law, a notice to Customer that Dealer has assigned the Contract to SEAF; (d) a copy of any mechanical breakdown protection contract or service contract sold in connection with the financing of the Unit; (e) written verification of insurance satisfactory to SEAF as provided in Section 4 of this Agreement; and (f) to the extent permitted by applicable law, all such credit information Dealer may have concerning Customer.
Purchase Price For