Examples of Basic Purchase Price in a sentence
Based upon a review of the Public Improvements reasonably anticipated by the Agency as being required for the development of the Property, it is estimated that such costs for the construction and installation of the Public Improvements is ONE HUNDRED FIFTY SEVEN THOUSAND FIVE HUNDRED SIXTY DOLLARS ($157,560); pursuant to which, the Agency financing will be derived from the Agency's receipt of the Basic Purchase Price from the Developer.
The Developer shall deposit the Basic Purchase Price into Escrow no later than ten (10) days prior to the scheduled Closing Date and in accordance with the requirements of this Agreement.
Any portion of the Basic Purchase Price which is not paid to the Trustee, as provided below, will be held by Landlord, in trust, upon terms and conditions mutually acceptable to Landlord and Tenant, in an interest bearing account at a commercial bank mutually acceptable to Landlord and Tenant, pending the closing of such purchase option.
In order to induce the Purchaser to purchase the Notes and in connection therewith, the Company has duly authorized the issuance of its warrants (the "Warrants") evidencing the right to purchase, in the aggregate, 500,000 shares of Common Stock, $.001 par value per share, of the Company at the Basic Purchase Price (as defined in the Warrants) of $25.00 per share; such number of shares and such Basic Purchase Price being subject to adjustment as provided in the Warrants.
The Basic Purchase Price shall be adjusted by (a) an increase by the amount of Cash and (b) a decrease by the amount of Liabilities shown on the Closing Statement.