Purchase Price Terms of Payment. (a) Determination of Purchase Price. Parent retained an independent third party, Houlxxxx Xxxex Xxxxxx & Xukix (xxe "Valuation Expert"), to determine the fair market
Purchase Price Terms of Payment. The Purchase Price of the Aircraft shall be Twenty-Three Million Six Hundred Thousand U.S. Dollars (US $23,600,000), which shall be paid as follows:
Purchase Price Terms of Payment. Contracting Parties have agreed that the purchase price of the goods will be set to excluding VAT (hereinafter referred to as the „Purchase Price“). The Purchase Price includes the price of the goods, its delivery and other obligations of the Seller described in this Contract. Itemized budget of the purchase price is given in Appendix No.2 to this Contract. The Purchase Price shall be paid on the basis of an invoice issued by the Seller, who is entitled to invoice the Purchase Price after the signature of the protocol of handover of the goods . The invoice must have the particulars of a tax document according to generally binding legal regulations of Czech Republic. The invoice is due within 30 days from its delivery to the Buyer. If the invoice does not contain the required particulars (or will contain incorrect data), the Buyer is entitled to return such invoice to the Seller. Invoices must be returned by their due date. After this return, the Seller is obliged to issue a new invoice with the correct particulars. Until a new invoice is issued with a new due date, the Buyer is not in delay with the payment of the relevant invoice. The maturity of a newly issued perfect invoice is also 30 days from its delivery to the Buyer. If the Buyer fails to pay the Purchase Price in time, the Seller shall have the right to default interest at the rate of 0,05 % of outstanding amount for each day of default.
Purchase Price Terms of Payment. The purchase price (the “Purchase Price”) to be paid by Purchaser to Seller for the Property is One Million One Hundred Thousand and 00/100 Dollars ($1,100,000.00). The Purchase Price, subject to prorations and adjustments as hereinafter set forth, shall be paid by Purchaser at Closing in cash by wire transfer. The Deposit (as described below) shall be part of said funds and credited against the Purchase Price for the Property.
Purchase Price Terms of Payment. (a) DETERMINATION OF PURCHASE PRICE. Parent retained an independent third party, Xxxxxxxx Xxxxxx Xxxxxx & Xxxxx (the "VALUATION EXPERT"), to determine the fair market value of the Purchased Assets as of the date of this Agreement (the "PURCHASE PRICE"). The parties hereby agree that the purchase price to be paid for the Purchased Assets shall equal the Purchase Price as so determined by the Valuation Expert and that subject to subparagraph 2.2(b)(ii) below, the determination of the Valuation Expert that the Purchase Price equals US$9,000,000 shall be final and binding on the parties. The cost of the Valuation Expert shall be borne by Parent.
Purchase Price Terms of Payment. The purchase price for the Assets shall be FIVE HUNDRED EIGHTY THOUSAND DOLLARS ($580,000.00). At close, Buyer shall execute and deliver to DMC, a Promissory Note (the "Note") for the full purchase price, which Note shall provide as follows: Interest Rate: 2 1/2% per annum for the first six months, thereafter, 5% per annum Note Term: 2-1/2 years (30 months) Interest & Payment Commencement Date: Interest only for the first six months payable monthly in arrears, thereafter principal and interest payable monthly in arrears Monthly Payment of Principal: $17,500 (months 6 through 29) Balloon Payment: $160,000 (month 30) Interest shall accrue on the outstanding balance of the Note and shall be computed on the basis of a year of 360 days and paid for the actual number of days elapsed, all as more fully provided for in the Note. Buyer shall be responsible for payment of all applicable sales and use taxes. The Note shall be secured by a Security Agreement and UCC-1 Financing Statement covering all Assets, other than inventory. Buyer shall have the right to sell any of the Assets during the Note term with the prior written consent of DMC; provided however, that all proceeds of sale are applied to the outstanding amount due under the Note and provided, further, that the proceeds of sale are at least equal to the fair market value of the Assets being sold as determined by DMC in its sole discretion. Buyer shall have the right to further pledge the Assets for security to third parties with the prior written consent of DMC; provided however, that DMC shall retain a first position and any such third party shall be required to enter into an intercreditor and subordination agreement in form and substance satisfactory to DMC.
Purchase Price Terms of Payment. The purchase price for CV's Membership Interest shall be the purchase price agreed upon by Legacy and CV ("Legacy Purchase Price"). In the event Legacy and CV are not able to agree upon a purchase price for CV's Membership Interest within thirty (30) calendar days after the date of Legacy's written notice of election to exercise its Option to Purchase, then Legacy and CV shall each appoint an appraiser to prepare an appraisal establishing the fair market value and corresponding purchase price for CV's Membership Interest, taking into account all facts and circumstances as of the date of such appraisals. Each such appraisal referred to above shall be completed on or before thirty (30) calendar days after the date the matter is required to be submitted to the appraisers pursuant to this Section 14.4. If the fair market values and corresponding purchase prices for CV's Membership Interest, as reflected in each of the two appraisals, are within five percent (5%) of each other, then the average of the two appraisals shall be utilized as the fair market value and corresponding purchase price of CV's Membership Interest for purposes of this Section 14.4, and such amount shall be deemed to constitute the "Legacy Purchase Price". On the other hand, if the fair market values and corresponding purchase prices for CV's Membership Interest set forth in the two (2) appraisals are not within five percent (5%) of each other, then the two appraisers shall select a third appraiser, who shall conduct an appraisal of CV's Membership Interest, taking into account all facts and circumstances as of the date of such appraisal. The designation of the third appraiser shall be subject to the approval of both Legacy and CV. Following the completion of the third appraisal, the average of the two (2) appraisals closest in value shall then be utilized for purposes of determining the fair market value and corresponding purchase price for CV's Membership Interest, and such amount shall be deemed to constitute the "Legacy Purchase Price". Legacy and CV shall each pay the cost of any appraiser selected by such party, and Legacy and CV shall equally pay the cost of the third appraiser, if required pursuant to the provisions of this Section 14.4. Each appraiser shall be an MAI certified appraiser with at least seven (7) years' experience appraising hotel and restaurant facilities in Arizona. For purposes of Section 14.5 hereof, Legacy and CV hereby agree to instruct the appraisers to include ...
Purchase Price Terms of Payment. The purchase price ("Purchase Price") for the Transferred Assets shall be Two Million Eight Hundred Ten Thousand Dollars ($2,810,000). The Purchase Price shall be paid as follows:
Purchase Price Terms of Payment. 9.1. During the term of this Agreement, the Distributor shall pay Supplier for the Products, the Minimum Supply Price specified under Appendix A. The Distributor acknowledges that the Minimum Supply Price was determined, among other parameters, based on Distributer commitment to acquire such Minimum Quantity of the Product in each Territory as specified in Appendix D. For the purposes of this Section:
