Maximum Sale Price definition

Maximum Sale Price means, with respect to the Sale of Shares allocated to any Apartment, the amount specified in Exhibit B annexed hereto and made a part hereof corresponding to the size of such Apartment. With respect to any Apartment, the size of such Apartment stated in Exhibit B shall be final, conclusive, and binding upon the HDFC and the Shareholder.
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Maximum Sale Price means the purchase price of the NHNC Secondary Lot to be calculated annually, on the first business day of each calendar year, by assuming a ten percent (10%) down payment and an annual mortgage debt service at the Prevailing Fixed Interest Rate equal to thirty percent (30%) of the income of a hypothetical buyer who earns one hundred twenty five percent (125%) of the Nantucket County Median Family Income. See Section 3(a) hereof. Nantucket County Median Family Income or MFI – Median family income for Nantucket County, as published from time to time by the U. S. Department of Housing and Urban Development (HUD). Nantucket Housing Needs Covenant Secondary Lot 150 Form (NHNC Secondary Lot 150 Form) or the Covenant – means this document and all of its provisions, including without limitation, all affirmative covenants, restrictive covenants, rights and options, under the Subprogram recorded or registered against the title of the NHNC Secondary Lot and enforceable by the Authority in perpetuity.
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Maximum Sale Price means the maximum amount for which an MPDU may be transferred, calculated in accordance with Article IV of Chapter 27 of the D.R.M.C.
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Examples of Maximum Sale Price in a sentence

  • In no case shall any Housing Unit be sold for more than the Maximum Sale Price.

  • However, Maximum Sale Price shall always be determined by the Deed Restriction for the Housing Unit.

  • To achieve the Maximum Sale Price, owners must maintain their units according to the minimum standards as described below.

  • The method of calculation of the allowed Maximum Sale Price (“MSP”).

  • The County shall complete the purchase of such Unit within thirty (30) calendar days after exercising its option hereunder for a price equal to the lesser of the appraised market value of the Unit, as determined by the County in its reasonable good faith judgment, or the Maximum Sale Price.

  • THA does not make any guarantees of the Owner’s ability to sell the Housing Unit for its Maximum Sale Price or rent the Housing Unit for its Maximum Rental Rate.

  • Williams, 459 S.E.2d 208 (N.C. 1995) (jury properly instructed that statement limited to credibility of witnesses; better to give instruction at the time statement is introduced, but not prejudicial so long as jury so instructed in final charge); State v.

  • AT&T’s goal is to cover the village & resort areas first then to add on to existing towers.

  • The Original Purchase Price (“OPP”) of the Housing Unit shall be the basis for calculating the Maximum Sale Price (“MSP”) in accordance with this Covenant and the Guidelines in effect at the time of listing the Housing Unit for re-sale.

  • The Maximum Sale Price of the Housing Unit shall be calculated according to its Deed Restriction.


More Definitions of Maximum Sale Price

Maximum Sale Price shall have the meaning set forth in Article VI hereof.
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Maximum Sale Price means the maximum consideration that shall be paid by the purchaser of a Unit to a Declarant. The Maximum Sale Price shall be determined in accordance with the provisions of Article 7 of this Deed Restriction and the Guidelines for the specified Unit AMI designation. The Maximum Sale Price IS NOT A GUARANTEED PRICE, but merely the highest price a Declarant may obtain for the sale of a Unit.
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Maximum Sale Price means the maximum price at which the Property may be resold during the Term of this Covenant to an Income Eligible Household, which shall be calculated by the Monitoring Agent and approved by DHCD. The Maximum Sale Price shall be the sum of the Affordable Sale Price and the Monitoring Agent Fee and shall not be less than the price paid for the Property by the selling Owner, unless such Owner agrees to accept a lesser price.
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Maximum Sale Price means the maximum amount for which the IRU may be sold by Declarant, as set forth in Section 3(a) below or sold by a subsequent Owner, as set forth in Section 7 below.
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Maximum Sale Price. See Section X.
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Maximum Sale Price means the maximum price that the property can be marketed for and subsequently sold for as set by the District Council upon receipt of the Availability Notice and valuation report. Income Cap means £80,000 or other such sum as may be published by the Secretary of State for the purpose of eligibility for low cost home ownership products and is in force at the time of the relevant disposal
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Related to Maximum Sale Price

  • Cash sale price means the price of a good or service a retail buyer would pay if he or she paid for the good or service in cash, and that is stated in a retail installment contract or in a sales slip or other memorandum furnished by a retail seller to a retail buyer pursuant to a retail charge agreement for that good or service. The cash sale price may include any taxes and charges for delivery, installation, servicing, repairs, alterations, or improvements.

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Time sale price means the total of the cash price of the goods and services or services, the finance charge, and the amounts, if any, included for insurance premiums and official fees.

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Average Price means the average closing price of a share of the Substitute Common Stock for the one year immediately preceding the consolidation, merger or sale in question, but in no event higher than the closing price of the shares of Substitute Common Stock on the day preceding such consolidation, merger or sale; provided that if Issuer is the issuer of the Substitute Option, the Average Price shall be computed with respect to a share of common stock issued by the person merging into Issuer or by any company which controls or is controlled by such person, as the Holder may elect.

  • Wholesale price or "WSP" shall mean the greater of (i) the first published price of the Licensed Product offered to retailers by Publisher as evidenced by a sell sheet or price list issued by Publisher, or (ii) the actual price paid by retailers upon the first commercial shipment of a Licensed Product without offsets, rebates or deductions from invoices of any kind.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • VWAP means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and