Agreed Upon Percentage definition

Agreed Upon Percentage shall have the meaning assigned to such term in the Purchase Agreement.
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Agreed Upon Percentage means, for each Property, the percentage of the total Purchase Price assigned to such Property as agreed by Seller and Purchaser and set forth on Exhibit B hereto. Each time a Property is removed from this Agreement pursuant to the terms hereof, the then remaining Agreed Upon Percentages shall be proportionately distributed over the then included Properties.
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Agreed Upon Percentage with respect to any such Dual-Customer shall mean the fraction, expressed as a percentage, obtained by dividing (i) the closing account balance of the Dual-Customer New Account on the day of account consolidation by (ii) the sum of (A) such account balance in the Dual-Customer New Account on the day of consolidation and (B) the closing account balance of the Dual-Customer Existing Account on the day of consolidation. For the avoidance of doubt, Purchaser agrees that it will not take any action to encourage Dual Customers to transfer funds between their Dual-Customer New Account and their Dual-Customer Existing Account.
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Examples of Agreed Upon Percentage in a sentence

  • Following all such reductions, Exhibit B shall be modified to proportionally reallocate the reduced Purchase Price among the remaining Properties and the Agreed Upon Percentage for each Property for all of the Properties shall be adjusted accordingly.

  • For purposes of this Section 15, a Property shall be deemed to have been "substantially damaged" if such damage occurs at a Property that Seller is responsible to restore and such restoration either will require more than one-hundred twenty (120) days to complete or will cost in excess of twenty-five percent (25%) of such Property's purchase price equivalent which is arrived at by multiplying the Agreed Upon Percentage for such Property times the Purchase Price.

  • Following all such reductions, Exhibit B shall be modified to proportionally reallocate the reduced Purchase Price (excluding the Approved Closing Costs) among the remaining Properties and the Agreed Upon Percentage for each Property and the Annual Basic Rent Factor for all of the Properties shall be adjusted accordingly.

  • The Closing Properties shall be identified in a written supplement to this Agreement that is executed by Purchaser and shall include (i) the specific name or other identifying information and the Agreed Upon Percentage for each Closing Property and (ii) the Purchase Price.

  • For purposes of this Section 15, a Property shall be deemed to have been “substantially damaged” if such damage occurs at a Property that Seller is responsible to restore and such restoration either will require more than one-hundred twenty (120) days to complete or will cost in excess of twenty-five percent (25%) of such Property’s purchase price equivalent which is arrived at by multiplying the Agreed Upon Percentage for such Property times the Purchase Price.

  • The Closing Properties shall be identified in a written supplement to this Agreement that is executed by Purchaser and shall include (i) the specific name or other identifying information of each Closing Property, (ii) the Agreed Upon Percentage for each Closing Property and (iii) an allocation of the Approved Closing Costs in a manner jointly acceptable to Purchaser and Seller.


More Definitions of Agreed Upon Percentage

Agreed Upon Percentage has the meaning set forth in Section 3.2(a).
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