Amount of Purchase Price. The purchase price per Share for each Share which Optionee is entitled to purchase under the Options shall be Two Dollars and Eighty Cents ($2.80) per Share.
Amount of Purchase Price. The purchase price (“Purchase Price”) per Share for each Share which Optionee is entitled to purchase under the Options shall be $2.25 per Share.
Amount of Purchase Price. The purchase price per Share for each share which the Optionee is entitled to purchase under the Options shall be $0.50 per Share.
Amount of Purchase Price. The amount to be paid by the CFD for the Acquisition Improvements to be constructed by and acquired from Developer (the “Purchase Price”) shall, as to each such Acquisition Improvement, (i) be determined by City in accordance with the provisions of this Section 7, (ii) equal the lesser of the cost or the value thereof, (iii) include the reasonable cost or value of eligible appurtenant public facilities, (iv) include the costs of the title insurance policy described in Section 9 (a), and (v) include all other costs of construction and incidental costs eligible under the Act and the Goals and Policies as a part of the cost of the Acquisition Improvements. The costs of each Acquisition Improvement to be included in the Purchase Price of such Acquisition Improvement shall include the following:
(i) the actual hard costs for the construction of the Acquisition Improvement, including labor, materials and equipment costs;
(ii) the costs of grading related to the Acquisition Improvement;
(iii) the costs incurred in designing, engineering and preparing the plans and specifications for the Acquisition Improvement;
(iv) the costs of environmental evaluation and mitigation of or relating to the Acquisition Improvement;
(v) fees paid to governmental agencies for, and costs incurred in connection with, obtaining permits, licenses or other governmental approvals for the Acquisition Improvement;
(vi) costs of construction administration and supervision up to one and three quarters percent (1.75%) of the total cost of the Acquisition Improvement;
(vii) professional costs associated with the Acquisition Improvement, such as engineering, legal, accounting, inspection, construction staking, materials and testing and similar professional services, subject to the limitations established in the Goals and Policies; and
(viii) costs of payment, performance and/or maintenance bonds and insurance costs directly related to the construction of the Acquisition Improvement. In no event shall the cost or value of the construction of the Acquisition Improvements be deemed to exceed the construction contract prices set forth in the contracts and change orders approved by City (“Approved Change Orders”) pursuant to the applicable provisions of Exhibit “D” hereto, which is incorporated herein by this reference, or otherwise authorized pursuant to this Agreement. Notwithstanding anything in this Section to the contrary, the City may elect, by written notice to the Authority and Developer, to ...
Amount of Purchase Price. The purchase price for the Shares shall be an amount equal to (i) $1,425,000 (one million four hundred twenty five thousand US dollars) (the “Cash Purchase Price”), and (ii) $950,000 (nine hundred fifty thousand US dollars) evidenced by promissory notes in the form of exhibit 2.1(ii) hereto, payable to the Sellers pro rata based upon their proportionate ownership of the Company (the “Notes” and collectively with the Cash Purchase Price, the “Purchase Price”).
Amount of Purchase Price. The purchase price for the Purchased Assets (the “Purchase Price”) shall be the sum of (a) an amount of cash equal to Eighty-Four Million Five Hundred Sixty-Seven Thousand One Hundred Fifty-Eight Dollars ($84,567,158) (the “Initial Cash Payment”), (b) assumption of the Assumed Liabilities, (c) the payments with respect to certain Taxes described in Section 6.20, and (d) the Reimbursable Costs pursuant to Section 9.4(b).
Amount of Purchase Price. The aggregate purchase price for the Securities (the "Purchase Price") shall be $6,670,100; provided, however, that if the number of shares constituting the Securities to be purchased under this Agreement results in LUK's percentage share ownership in the Company being below 87.5% pursuant to Section 7.2(c), the Purchase Price shall be reduced accordingly.
Amount of Purchase Price. In full and complete consideration for the acquisition of the Acquired Assets, at the Closing Buyer shall (i) pay to Company the sum of Sixty One Million Six Hundred Thousand Dollars ($61,600,000.00) (the “Base Cash Amount”), as adjusted pursuant to Section 2.6 below (the Base Cash Amount, as so adjusted, the “Closing Cash Amount”), (ii) deliver to the Escrow Agent the Escrow Amount, and (iii) assume the Assumed Liabilities as set forth in Section 2.3 hereof (clauses (i)-(iii) collectively, the “Purchase Price”).”
Amount of Purchase Price. The aggregate price payable by the Purchaser to the Vendor for the Shares is $53,600,000 (the “Purchase Price”), subject to adjustment as set forth herein.
Amount of Purchase Price. The consideration payable by Foreland for the purchase (the "Purchase Price") of the Business and Business Assets shall be five million dollars ($5,000,000)(the "Base Price"), plus:
(a) the sum of the current assets (except to the extent set forth in Section 3.02), as of May 31, 1998, as determined in accordance with GAAP (except that finished goods inventory will be valued at market), held by Foreland Refining and/or Petrosource Transportation;
(b) a negative amount equal to the sum of the current liabilities, as of May 31, 1998, as determined in accordance with GAAP, for which Foreland Refining, Foreland Asset, and/or Petrosource Transportation will continue to be liable subsequent to the Closing, excluding, however, the amount of $470,604 in intercorporate advances from Petro Source Corporation to Petrosource Transportation (which liability shall be paid prior to the Closing Date), and further excluding the current portion of long term liabilities or liabilities under operating leases that are not properly attributable to the period prior to the Effective Date in accordance with GAAP;
(c) the sum of all capital contributions made by Petro Source Corporation to Foreland Refining and/or Petrosource Transportation since December 31, 1997 (other than the amount of $470,604 contributed to Petrosource Transportation by Petro Source Corporation prior to the Closing Date to enable Petrosource Transportation to repay the same amount in a current account payable owing to Petro Source Corporation);
(d) a negative amount equal to all distributions, other than distributions of Excluded Assets or the cash proceeds of the sale by Foreland Refining of certain of its assets to Foreland Asset as contemplated by Section 3.01, made by Foreland Refining and/or Petrosource Transportation since May 31, 1998;
(e) a positive amount equal to capital expenditures made by Foreland Refining's predecessor or Petrosource Transportation between December 31, 1997, and May 31, 1998, which added to the Business or Business Assets;
(f) a negative amount equal to the net proceeds from the sale by Foreland Refining's predecessor or Petrosource Transportation between December 31, 1997, and May 31, 1998, of portions of the Business or Business Assets;
(g) any unpaid portion of the Option Consideration; and
(h) 100,000 shares of Foreland Stock (the "Original Shares"), the resale of which by PSC shall be covered by an effective Registration Statement in accordance with Article IX.
