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Purchase Price Limit definition

Purchase Price Limit means, at the time of calculation, the lesser of: (i) the sum of 0.1875% of Average Invested Assets calculated for each of the preceding four calendar quarters, multiplied by two (2); and (ii) 1.5% of the amount of the Company’s total assets as set forth on the most recent audited balance sheet prior to closing the applicable transaction, adjusted to give effect to any acquisitions of Real Estate Assets that were probable or completed since the date of that audited balance sheet.
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Purchase Price Limit means the maximum Purchase Price or Prices permitted with respect to any Program. Such limits are set forth in the Program Guidelines for each Program and are subject to change from time to time.
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Purchase Price Limit means the purchase price limits as updated from time to time and found on the Corporation’s web site, subject to certain exceptions for Targeted Areas.
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Examples of Purchase Price Limit in a sentence

  • If, pursuant to the direction of the Board of Directors, the Company elects to acquire the Business Manager and any Real Estate Managers in connection with (a) a Sale of all or substantially all of the Real Estate Assets or (b) a Liquidity Event, the aggregate purchase price to be paid by the Company to acquire the Business Manager and the Real Estate Managers shall not exceed the Purchase Price Limit and that the purchase price shall be paid in the form of Shares rather than cash.

  • If the appraised value exceeds the Maximum Purchase Price Limit but the Acquisition Cost is below the limit and transaction is clearly an “arm’s length” transaction (not between relatives, for example), we usually conclude that our Eligible Borrower bargained for a “good deal.” We may require a statement from the Eligible Borrower and Seller indicating that no relationship exists if we are unclear about the relationship between the Eligible Borrower and the Seller.

  • The mortgage amount cannot exceed the maximum Purchase Price Limit.

  • The Purchase Price of each specific segment to be acquired by the County and/or reimbursed shall be determined by the Director in accordance with Section 4(f) above; provided, however, the aggregate Purchase Price for all segments related to such Project Facility or such Privately-Owned Dry Utility shall not exceed the value of such Facility and shall not cause the Purchase Price Limit applicable to such Facility to be exceeded.

  • Lenders should assume that HOME funds will not be used to assist Homebuyers who have selected a home with a price exceeding the Purchase Prices Limits, and the MLH staff will use funds that do not have a Purchase Price Limit to assist that Homebuyer.

  • Per the Zimbabwe exchange control guidelines these are treated as legacy debts and dividends pre-20 February 2019 (date of publication of Statutory Instrument 33).

  • Purchase Price Limit: Based upon the State of California’s Single-Family Homeownership Value Limits for Acquisition and/or Rehabilitation of Existing Housing.

  • If the appraised value exceeds the Maximum Purchase Price Limit but the Acquisition Cost is below the limit andtransaction is clearly an “arm’s length” transaction (not between relatives, for example), we usually conclude that our Eligible Borrower bargained for a “good deal.” We may require a statement from the Eligible Borrower and Seller indicating that no relationship exists if we are unclear about the relationship between the Eligible Borrower and the Seller.

  • Tax assessments: Tax assessments for a comparable property located in the same neighborhood may be used to establish the after‐rehabilitation value if the assessment is current and accurately reflects market value after rehabilitation.Determining the 95 Percent of Median Purchase Price Limit The Final Rule offers the City two options for determining the 95 percent of median purchase price limit for owner‐occupied single‐family housing.

  • Except as set forth in the Cow Camp Agreement or in any Future Cow Camp Agreement, the Purchase Price of each specific segment to be acquired shall be determined by the Director in accordance with Section 4(f) above; provided, however, the aggregate Purchase Price for all segments related to such Project Facility shall not exceed the value of such segment and shall not cause the Purchase Price Limit applicable to such Project Facility to be exceeded.


More Definitions of Purchase Price Limit

Purchase Price Limit means the maximum Acquisition Cost of a Housing Unit as set forth in Exhibit F hereto.
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Related to Purchase Price Limit

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $1,500,000.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Per Unit Purchase Price equals $_______, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement and prior to the Closing.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

Most Referenced Clauses

Most Referenced Definitions