Examples of Purchase Price Note in a sentence
In such an instance, the Parties acknowledge and agree that the Finally Determined Purchase Price Note shall be deemed to exist as of the Closing Date.
This Note is a Seller Purchase Price Note described, and is subject to the terms and conditions set forth, in the RPSA.
This Agreement and the Purchase Price Note, and other instruments executed contemporaneously herewith, constitute the entire agreement between the Parties with respect to the transactions contemplated by this Agreement, and supersede and replace all prior understandings or agreements between the Parties (whether written or unwritten) which may have related in any way to the subject matter of this Agreement.
In the event that Ocwen fails to provide a letter of payoff or provide the release of lien of this Instrument within the time period described above, and solely as a result of Ocwen's failure to timely respond (and not as a result of any action or inaction by Borrower), Borrower fails to make a payment when due under the Term Note, Ocwen may not accelerate payments due under the Term Note, or deem payment due under the Deferred Purchase Price Note and/or BCC Note.
Ocwen shall have such 30 days to provide Borrower with a payoff letter and to provide to a title company or other escrow agent a satisfaction and release of this Instrument to be held by such escrow agent in escrow until Ocwen shall have received payment in full of the Term Note, and if applicable, the Deferred Purchase Price Note and BCC Note.