Examples of Incremental Purchase Price in a sentence
The Incremental Purchase Price shall be paid to Seller, by wire transferred current federal funds, no later than ten (10) business days following the later of (i) Purchaser's execution of the Sprint/MH Lease, or (ii) the execution of the Sprint/MH Lease by Sprint or MH, as the case may be.
The term of the Sprint/MH Lease, for purposes of determining the amount of Incremental Purchase Price, shall be deemed to commence on the rent commencement date and terminate on the termination date set forth in the Sprint/MH Lease without respect to any option periods.
In the event the certification has not been received by December 31, 2005, the Incremental Purchase Price shall not be payable by Buyer to Sellers, but nothing in this section shall otherwise affect Sellers’ right to receive severance tax refunds, if any, with respect to production prior to the Effective Date irrespective of when obtained.
In the event the certification has not been received by December 31, 2005, the Incremental Purchase Price shall not be payable by Buyer to Sellers, but nothing in this section shall otherwise affect Sellers’ right to receive severance tax refunds with respect to production prior to the Effective Date irrespective of when obtained.
In addition to the Purchase Price as adjusted pursuant to Section 3.4 hereof, Buyer shall pay Sellers an Incremental Purchase Price of Two Million Two Hundred Thirty-Six Thousand Dollars ($2,236,000.00) conditioned upon the Oil and Gas Properties receiving high-cost natural gas certification (as contemplated by Tex.
In the event such certification is obtained prior to the Closing Date, the Incremental Purchase Price shall be added to the Base Purchase Price in accordance with Section 3.4. In the event such certification is obtained after the Closing Date, the Incremental Purchase Price shall be payable by wire transfer of immediately available funds within three (3) business days of Sellers’ notification to Buyer of the receipt of such certification to be accompanied by reasonable documentation thereof.