Affordable Price definition

Affordable Price means in relation to a Licensed Product: (i) a determination by the UK Pricing Authority that such Licensed Product should be used within the NHS; and/or (ii) approval by the UK Pricing Authority of the price proposed by the Company or its Sub-Licensee in relation to sales of that Licensed Product in the United Kingdom (or one or more constituent countries thereof).

Affordable Price means the maximum price at which the housing cost to be paid by the prospective buyer would not exceed the affordable housing costs for such buyers while applying the market interest rate over a fully amortized 30-year term. In the case of a buyer that is a lower income household, the price for residential property shall not be greater than the amount that would result in the buyer’s monthly payments exceeding that portion of the buyer’s household adjusted income, as determined in accordance with the regulations of the United States Department of Housing and Urban Development issued pursuant to Section 8 of the United States Housing Act of 1937. The affordable price shall not be less than the price paid by the agency for original acquisition, unless the acquisition price was greater than the current fair market value, and shall not be greater than fair market value.

Affordable Price means in relation to a Licensed Product: (i) a determination by the UK Pricing Authority that such Licensed Product should be used within the NHS; and/or (ii) approval by the UK Pricing Authority of the price proposed by the Company or its Sub-Licensee in relation to sales of that Licensed Product in the United Kingdom (or one or more constituent countries thereof). Confidential Materials Omitted and Filed Separately with the Securities and Exchange Commission Pursuant to a Request for Confidential Treatment under Rule 24b-2 of the Exchange Act of 1934, as amended. Confidential Portions are marked: [***].

Examples of Affordable Price in a sentence

• The proceeds attributable to the Property shall be multiplied by a fraction, the numerator of which shall be the Resale Affordable Price and the denominator of which shall be the Fair Market Value of the Property as of the date immediately prior to the damage, destruction or condemnation.

• Affordable Price is an approximation of the price per square foot of affordable residential floor area.

• Subject to the Agency’s prior written approval, Owner may encumber title to the Property for the sole purpose of securing (a) purchase money financing, (b) refinancing (but only up to the amount of the original financing), or (c) refinancing up to the amount of the original financing, plus fifty percent (50%) of the value of the Resale Affordable Price less the Affordable Purchase Price.

• If the Owner sells to an Eligible Purchaser, the maximum sales price (the "Maximum Allowable Sales Price") that the Owner shall receive from the Eligible Purchaser for purchase of the Home shall be the greater of the Indexed Value or the Affordable Price, but in no event greater than the Unrestricted Fair Market Value.

• In the event that the Company determines, through its exercise of Commercially Reasonable Efforts, that the best means of making a Product available throughout the United Kingdom at an Affordable Price is through a public assistance programme funded by the Company, the Parties shall discuss in good faith a proportionate adjustment to the royalty rates set forth in Clause 9.2(d).

More Definitions of Affordable Price

Affordable Price means in relation to a Licensed Product: (i) a determination by the UK Pricing Authority that

Affordable Price means the price that would be yielded from applying the market interest rate over a fully amortized 30-year term to the purchasing household’s affordable housing cost, less the cost of property taxes and assessments, fire and casualty insurance covering replacement value of property improvements, property maintenance and repairs, utilities, and homeowner association fees but under no circumstances shall it be more than fair market value nor less than the price paid by the Department.

Affordable Price means the below market rate purchase price paid by the Owner for the Property.

Affordable Price means the price paid by the current owner of the property plus the percentage change in Area Median Income from the date of sale of the Property to an Owner (or subsequent Owner, as the case may be) to the date of receipt by the City of Owner’ Notice, but in no event less than zero. In no event shall the Affordable Price exceed the Maximum Affordable Housing Cost.

Affordable Price means the Adjusted Purchase Price as increased (but not decreased) based on the change in the Consumer Price Index for All Urban Consumers for the Philadelphia, Wilmington, Atlantic City area for All Items (1982-84=100) as published by the U.S. Department of Labor (“CPI-U”) between the date of purchase by the Original Buyer or the Qualified Purchaser, as the case may be, and the date the Home is listed for sale calculated as follows: The Adjusted Purchase Price shall be multiplied by a fraction, the denominator of which is the CPI-U for the month and year the Home is listed for sale and the numerator of which is the difference between the CPI-U for the month and year the Home is listed for sale and the CPI-U for the month and year of the purchase of the Home, which product shall then be added to the Adjusted Purchase Price to arrive at the Affordable Price. If the format or components of the CPI-U are materially changed after the date of sale to the Original Buyer, The Land Bank may substitute an index that is published by the Bureau of Labor Statistics or similar agency, which is comparable to the CPI-U.

Affordable Price means a price defined by Member States at national level in consul­ tation with national regulatory authorities, social partners and relevant stakeholders while taking account of the definition of energy poverty provided for in point 40;

Affordable Price means (1) a sales price for the Residence that is at an “affordable housing cost” (defined by Section 50052.5 of the Health and Safety Code, and calculated pursuant to 25 Cal. Code Regs. Section 6920) for an Eligible Household, less (2) the amount necessary to repair damages to the Residence, if any, and to place the Residence into saleable condition as reasonably determined by the City, including amounts attributed to cleaning, painting, replacing worn carpeting and draperies, making necessary structural, mechanical, electrical and plumbing repairs and repairing or replacing built-in appliances and fixtures.