Fair Market Value Purchase Price definition

Fair Market Value Purchase Price. The Fair Market Value of the Leased Property less the Fair Market Added Value.

Fair Market Value Purchase Price means the Fair Market Value less the Fair Market Added Value.

Fair Market Value Purchase Price. With respect to each Facility, the Fair Market Value of the portion of the Leased Property relating thereto, less the Fair Market Added Value with respect to such portion of the Leased Property.

Examples of Fair Market Value Purchase Price in a sentence

• Any appraiser appointed, by the American Arbitrator Association or by such court shall be instructed to determine the Fair Market Value, Fair Market Value Purchase Price or Fair Market Added Value within thirty (30) days after appointment of such appraiser.

• If no such appraiser shall have been appointed within such twenty (20) days or within ninety (90) days of the original request for a determination of Fair Market Value, Fair Market Value Purchase Price or Fair Market Added Value, whichever is earlier, either Lessor or Lessee may apply to any court having jurisdiction to have appointment made by such court.

• If two (2) appraisers shall have been appointed and shall have made their determinations within the respective requisite periods set forth above and if the difference between the amounts so determined shall not exceed ten percent (10%) of the lesser of such amounts, then the Fair Market Value, Fair Market Value Purchase Price or Fair Market Added Value shall be an amount equal to fifty percent (50%) of the sum of the amounts so determined.

• In the event Lessor fails to cure any such default, Lessee, without waiving or releasing any obligations hereunder, and in addition to all other remedies available to Lessee hereunder or at law or in equity, may purchase the Leased Property from Lessor for a purchase price equal to the greater of the Fair Market Value Purchase Price or the Minimum Purchase Price of the Leased Property minus an amount equal to any damage suffered by Lessee by reason of such default.

• In the event that it becomes necessary to determine the Fair Market Value, Fair Market Value Purchase Price or Fair Market Added Value of the Leased Property for any purpose of this Lease, the party required or permitted to give notice of such required determination shall include in the notice the name of a person selected to act as an appraiser on its behalf.

More Definitions of Fair Market Value Purchase Price

Fair Market Value Purchase Price shall have the meaning given to such term in Section 14.1(b) of the Facility Lease.

Fair Market Value Purchase Price means an amount be determined on the basis of, and shall be equal in amount to, the value which would be agreed to in an arm’s-length transaction between an informed and willing buyer (other than a buyer currently in possession) and an informed and willing seller, under no compulsion to buy or sell.

Fair Market Value Purchase Price means, with respect to any of the Collective Leased Properties, the Fair Market Value of such Leased Property less the Fair Market Added Value.

Fair Market Value Purchase Price. The Fair Market Value of the Leased -------------------------------- Property less the Fair Market Added Value. Fiscal Year: The twelve (12) month period from January 1 to December 31. -----------

Fair Market Value Purchase Price for each unit of Equipment purchased hereunder shall be determined according to the Program Supplement therefor.

Fair Market Value Purchase Price means (i) if the Purchase Option is exercised at any time during the period between the first (1st) day after the third Lease Year and the last day of the tenth (10th) Lease Year, a price computed using the aggregate applicable Fixed Rent for the next twelve (12) months of the Lease from the date of delivery of Tenant’s Purchase Option Notice and a capitalization rate of six and one-half percent (6.5%), and (ii) if the Purchase Option is exercised at any time after the last day of the tenth (10th) Lease Year, a price computed using the aggregate applicable Fixed Rent for the next twelve (12) months of the Lease Term from the date of delivery of Tenant’s Purchase Option Notice and a capitalization rate of seven percent (7%).

Fair Market Value Purchase Price means the Fair Market Value of the applicable Leased Property less the Fair Market Added Value. Fiscal Year shall mean the twelve (12) month period from January 1 to December 31.