Restaurant Purchase Price definition
Restaurant Purchase Price means either (A) Five Million One Hundred Thousand Dollars ($5,100,000), plus the out-of-pocket costs and expenses (including transfer or similar Taxes, if any) actually paid by AREH or its Affiliates in connection with the Restaurant Purchase (such costs and expenses, the “Restaurant Costs”), in the event that the closing of the Restaurant Purchase occurs prior to the Closing or (B) Two Hundred Thousand Dollars ($200,000), representing the deposit actually paid by AREH or its Affiliates under the purchase agreement for the Restaurant Site, plus the Restaurant Costs, in the event the closing of the Restaurant Purchase does not occur prior to the Closing.