Examples of Purchase Price Schedule in a sentence
The initial purchase price for a subsequent Homebuyer shall be an amount equal to (1) the purchase price shown in the initial Homebuyer’s Purchase Price Schedule as of the date of this Agreement with the subse- quent Homebuyer plus (2) the amount, if any, by which the appraised fair market value of the Home determined or approved by HUD as of the same date, exceeds the pur- chase price specified in (1).
Each homebuyer shall be provided with a Purchase Price Schedule showing (1) the monthly declining purchase price over a 30-year period, 1 commencing with the initial purchase price on the first day of the month following the ef- fective date of the Homebuyers Owner- ship Opportunity Agreement and (2) the monthly debt service amount upon which the Schedule is based.
Initial sales prices may not exceed, but may be lower than the purchase prices on the Inclusionary Zoning Maximum Rent and Purchase Price Schedule (reference Exhibit H).
In the event such appraised value has not been determined by the date of execution of this Agreement, the amount of the Initial Purchase Price shall be inserted in part I, section D after this deter- mination has been made, with appropriate initialling or signing by the parties.c. Purchase Price Schedule.
The Homebuyer shall be provided with a Purchase Price Schedule showing (1) the monthly declining purchase price over a 30-year period, 3 com- mencing with the initial purchase price on the first day of the month following the ef- fective date of this Agreement and (2) the monthly debt service amount upon which the Schedule is based.
The purchase price shall be the amount shown on his Purchase Price Schedule for the month in which the settlement date for the purchase occurs.
The ad- justed amount for each Home shall be the Initial Purchase Price for that Home.b. Purchase Price Schedule.
The Allocation of Purchase Price Schedule attached hereto as Schedule C sets forth the preliminary allocation of the Purchase Price among the Company’s assets (the “Preliminary Allocation”).
Purchaser and Sellers agree not to assert, in connection with any Tax Return, audit or similar proceeding, any allocation of the Purchase Price that differs from the allocation set forth on the Allocation of Purchase Price Schedule herein.
Each Buyer and each Seller shall, or, as applicable, shall cause the other applicable AUC Entities, as applicable, to each timely report the foreign, federal, state and local income and other Tax consequences of the transactions contemplated by this Agreement in a manner consistent with the Purchase Price Schedule with their respective foreign, federal, state and local income Tax Returns for the taxable year that includes the Closing Date.