PURCHASE PRICE OF PROPERTY. (a) As consideration for all rights granted and assigned to Producer including the production of one or more theatrical or television motion pictures, and for Writer's representations and warranties, Producer agrees to pay to Writer, and Writer agrees to accept, the following compensation (the "Purchase P rice"):
(1) If a motion picture is produced based on the Property with a final production budget more than $100,000 but less than $500,000, the Writer shall be paid the sum of $10,000.
(2) If a motion picture is produced based on the Property with a final production budget more than $500,000 but less than $1M, the Writer shall be paid the sum of $30,000.
(3) If a motion picture is produced based on the Property with a final production budget more than $1M, the Writer shall be paid the sum of $50,000.
(b) The Purchase Price shall be paid by Producer as follows: $5,000 within thirty (30) days of exercise of the option as set forth in section 3; the remainder within thirty (30) days of the first day of principal photography.
(c) In addition to the aforesaid Purchase Price, Writer shall receive Additional Compensation as follows:
(1) For any sequel produced based on the Property, in whole or in part, Producer will pay or cause Writer to be paid one-half of the Purchase Price; and for any remake produced based on the Property, in whole or in part, Producer will pay or cause Writer to be paid one-third of the Purchase Price. The compensation described in this section 4(c)(1) shall be paid to Writer upon commencement of principal photography of any such sequel and/or remake.
(2) For any television series produced, based on the Property, Producer will pay or cause to be paid to Writer the following royalties per initial production upon completion of production of each program: programs up to 30 minutes---$1,500; over thirty (30) minutes but not more than sixty (60) minutes—$1,750; over sixty (60) minutes but not more than ninety (90) minutes-- $2,000; over ninety (90) minutes--$2,500; and in addition to the foregoing, as a buyout of all royalty obligations, one hundred percent (100%) of the applicable initial royalty amount, in equal installments over five (5) reruns, payable within thirty (30) days after each such rerun, or subject to the WGA minimum, whichever is greater.
(d) All of the sums set forth as compensation in this paragraph are for the total amount of monies payable by Producer.
PURCHASE PRICE OF PROPERTY. As consideration for all rights granted and assigned to Producer including the production of one or more theatrical or television motion pictures, and for Writer’s representations and warranties, Producer agrees to pay to Writer, and Writer agrees to accept, the following compensation (the “Purchase P rice”): If a motion picture is produced based on the Property with a final production budget more than $100,000 but less than $500,000, the Writer shall be paid the sum of $10,000. If a motion picture is produced based on the Property with a final production budget more than $500,000 but less than $1M, the Writer shall be paid the sum of $30,000. If a motion picture is produced based on the Property with a final production budget more than $1M, the Writer shall be paid the sum of $50,000.
PURCHASE PRICE OF PROPERTY. Subject to all the terms, covenants and conditions of this Contract, the Seller shall sell the Property to the Purchaser and the Purchaser shall purchase the Property from the Seller for an amount of ONE THOUSAND THREE HUNDRED DOLLARS ($1,300.00), hereinafter referred to as the “Purchase Price,” which shall be due at full closing. The Purchaser shall deliver such Purchase Price in the form of cash or check simultaneously with the Seller’s delivery of the Quitclaim Deed conveying the Property to the Purchaser.
PURCHASE PRICE OF PROPERTY. The Buyer shall, in consideration of the covenants, conditions and agreements of the Seller and as full consideration for the purchase of the Property, pay to the Seller at closing the sum of Forty Two Thousand Four Hundred Thirty Nine Dollars and fifty cents ($42,439.50) per gross acre constituting the Property as certified by the Surveyor as set forth in Section 6 herein (the “Purchase Price”).
PURCHASE PRICE OF PROPERTY. (vide Clause 3) The purchase price of the Property shall be the sum of R ( RAND) inclusive of Value Added Tax (“the Purchase Price”)
PURCHASE PRICE OF PROPERTY. The purchase price of the Property shall be the sum of $8,296,100 payable by wire transfer at closing. Traditional adjustments for real estate taxes and rents shall be made at closing.
PURCHASE PRICE OF PROPERTY. The total purchase price of the Property shall be Two Hundred Fifty Thousand and no/100s Dollars ($250,000.00), which shall be paid as follows:
(a) An Xxxxxxx Money Deposit in the total amount of Five Thousand and no/100s Dollars ($5,000.00), which shall be paid to Xxxxxx Xxxxxx, Esq., with the law firm of Xxxxx & Xxxxxx, as Escrow Agent (“Escrow Agent”) within five (5) business days after the Effective Date, and held in escrow and credited to the purchase price at closing, or disbursed as hereafter provided;
(b) The balance shall be paid at closing to the Seller by wire transfer of funds, or other means acceptable to such Seller.
PURCHASE PRICE OF PROPERTY. The purchase price for the Property shall be [Four Hundred Thousand and 00/100 Dollars ($400,000.00) if Closing occurs by September 1, 2010/ Four Hundred Twenty-Five Thousand and 00/100 Dollars ($425,000.00) if Closing occurs by September 1, 2011/ Four Hundred Forty Thousand and 00/100 Dollars ($440,000.00) if Closing occurs by September 1, 2012], and shall be payable as follows:
(a) $10,000 (“Deposit”), such sum to be deposited by Seller’s attorney in the firm’s Attorney Escrow Account and, if Closing occurs, Tenant shall receive a credit from Seller for the amount of the Deposit; and
(b) $___________ [balance] by wire received or certified bank check at Closing (as hereafter defined) provided that this amount will be decreased by the amount of the Security Deposit held pursuant to a Lease with Option to Purchase between Seller and Buyer dated as of September 1, 2009 (the “Lease”).
PURCHASE PRICE OF PROPERTY. The purchase price of the Property may be subject to change prior to Closing. The purchase price at Closing will be based on the lesser of: a) the after-rehab appraised value of the Property; or b) the total aggregate costs of acquisition of the Property, rehabilitation/ redevelopment of the Property, (related project delivery costs for the Property, and costs related to the sale of the Property), all subject to NSP requirements and regulations. Proceeds from the sale of this Property will be treated as program income pursuant to applicable NSP requirements and regulations.
PURCHASE PRICE OF PROPERTY. The total purchase price of the Property shall be $75,000.00, and shall be paid as follows:
(a) An Xxxxxxx Money Deposit in the total amount of $1,000.00, which shall be paid to
(b) The balance shall be paid at closing to the Sellers by wire transfer of fund, or other means acceptable to Seller.
