Purchase Price Contract Clauses (1,004)

Purchase Price. The Purchase Price for the Property is $3,726,000.00 (the "Purchase Price"). The parties acknowledge and agree that the Purchase Price is based upon the fair market value of the of the Property as determined by CBRE, Inc., an independent, third-party commercial property appraiser, and the Purchase Price was derived with material assistance and reliance on that certain Appraisal Report dated May 4, 2022 under CBRE file number CB22US043395-1. If all conditions precedent to Buyer's obligations to p...urchase have been satisfied, Buyer shall deposit the Purchase Price with the Closing Agent (as defined below) on or before the Closing Date. View More

Purchase Price. The purchase price of the Shares covered by the Option shall be $(insert option price) per share.

Purchase Price. Upon the terms and subject to the conditions contained in this Agreement, and in consideration of the aforesaid issuance, sale and delivery of the Common Securities, on the Closing Date the Buyer will pay or cause to be paid to the Seller a debenture in the amount of $4,000,000 (the "Purchase Price") for the Amount. The Purchase Price shall be subject to the adjustments provided for in Section 4 hereof.

Purchase Price. The purchase price of shares of Common Stock covered by the Option will be the per share amount set forth in Section 4 of the attached NQO Award Agreement, at all times being not less than 100% of the Fair Market Value of one share of Common Stock on the Date of Grant, subject to adjustment as provided in the Plan.

Purchase Price. The purchase price at which Shares may be acquired in a given Purchase Period pursuant to the exercise of all or any portion of a Purchase Right granted under the Plan (the "Offering Exercise Price") shall be set by the Board; provided, however, that the Offering Exercise Price shall not be less than eighty-five percent (85%) of the lesser of (i) the fair market value of the Shares on the Offering Date of the Offering Period of which the Purchase Period is a part, or (ii) the fair market value o...f the Shares on the Purchase Date for such Purchase Period. Unless otherwise provided by the Board prior to the commencement of an Offering Period, the Offering Exercise Price for each Purchase Period in that Offering Period shall be eighty-five percent (85%) of the lesser of (i) the fair market value of the Shares on the Offering Date of such Offering Period or (ii) the fair market value of the Shares on the given Purchase Date. For purposes of the plan, the "fair market value" of the Shares on the applicable dates shall be the closing sales price on The Nasdaq Global Market (or the average of the closing bid and asked prices if the Shares are so quoted instead) or as reported on such other national or regional securities exchange or market system if the Shares are traded on such other exchange or system instead, or as determined by the Board if the Shares are not so reported. If the relevant date does not fall on a day on which the Shares are quoted on The Nasdaq Global Market or such other national or regional securities exchange or market, the date on which the fair market value per Share shall be established shall be the last day on which the Shares were so quoted to such relevant date. View More

Purchase Price. 3.1 The purchase price ("Purchase Price") to be paid by Buyer to Seller for the Property shall be $7,075,000.00, payable as follows: (Strike any not applicable) (a)Cash down payment, including the Deposit as defined in paragraph 4.3 (or if an all cash transaction, the Purchase Price): $150,000.00 (b)Amount of "New Loan" as defined in paragraph 5.1, if any: TBD Total Purchase Price:$7,075,000.00 3.2 If Buyer is taking title to the Property subject to, or assuming, an Existing Deed of Trust and su...ch deed of trust permits the beneficiary to demand payment of fees including, but not limited to, points, processing fees, and appraisal fees as a condition to the transfer of the Property, Buyer agrees to pay such fees up to a maximum of 1.5% of the unpaid principal balance of the applicable Existing Note. View More

Purchase Price. (a) General. The purchase price (the "Purchase Price") for the Principal Shares, in the aggregate, is Two Hundred Forty Thousand Dollars ($240,000), payable as specified in this Section 2 subject to the other terms and conditions of this Agreement. (b) Partial Payment at Closing. At the Closing, Purchaser shall pay to Principal Two Hundred Twenty-Five Thousand Dollars ($225,000) of the Purchase Price against delivery to the Purchaser or, at the request of the Purchaser, to the Company's transfer... agent, of certificates representing the Principal Shares along with a medallion guaranteed stock power in form satisfactory to the Purchaser. (c) Final Payment upon Delivery of Proof of DTC Eligibility. Purchaser shall pay to Principal the balance of the Purchase Price equal to Fifteen Thousand Dollars ($15,000) upon the delivery to Purchaser by Principal, no later than June 5, 2020, or such later date as agreed by Purchaser (the "Compliance Due Date"), of evidence satisfactory to Purchaser of compliance with the post-closing covenant set forth in Section 9(d) of this Agreement. Failure to comply with this covenant by the Compliance Due Date shall result in the Purchase Price being reduced to Two Hundred Twenty-Five Thousand Dollars ($225,000) and being deemed having been paid in full. (d) Adjustment for Outstanding Liabilities. In the event that the Company shall have any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for taxes ("Liability"), as of the Closing, the portion of the Purchase Price payable at the Closing shall be reduced on a dollar for dollar basis by the amount of such Liability. 1 3. The Closing. (a) General. The closing of the transactions contemplated by this Agreement (the "Closing") shall take place by exchange of documents among the Parties by fax or courier, as appropriate, following the satisfaction or waiver of all conditions to the obligations of the Parties to consummate the transactions contemplated hereby (other than conditions with respect to actions the respective Parties will take at the Closing itself) not later than April 29, 2020 or such other date as Purchaser and Principal may mutually determine (the "Closing Date"). (b) Deliveries at the Closing. At the Closing: (i) Principal shall deliver to Purchaser the various certificates, instruments, and documents referred to in Section 10(a) below; (ii) Purchaser shall deliver to Principal the various certificates, instruments, and documents referred to in Section 10(b) below; (iii) Purchaser shall deliver the Purchase Price, subject to the provisions of Sections 2(b) and 2(c); and (iv) Principal shall deliver to Purchaser, or at the Purchaser's request to the Company's transfer agent, certificates evidencing the Principal Shares (the "Certificates"), endorsed in blank or accompanied by duly executed assignment documents and including a Medallion Guarantee that is in form satisfactory to the Purchaser. View More

Purchase Price. The full price for each of the shares issued upon vesting pursuant to the Units granted herein shall be $0.00.37.No Stockholder Rights. The Participant will have no rights as a stockholder with regard to the Units prior to vesting and will have no rights to dividends or Dividend Equivalents with regard to the Units.

Purchase Price. (a) The consideration to be paid to the Seller by the Buyer for the Purchased Interest is an amount equal to the aggregate of Twenty Dollars ($20.00) per Class AQ Unit plus the Current Distributions on the Purchased Interests as of the Closing Date (the "Purchase Price"). (b) As used herein, "Current Distributions" means, with respect to the Purchased Interest, an amount equal to the sum of (a) with respect to any completed Month immediately preceding the Month in which the Closing is completed,... in respect of which a distribution with respect to s the Purchased Interest has been declared but for which the Payment Date has not yet occurred, an amount equal to the Minimum Monthly Distribution, plus (b) with respect to the Month in which the Closing is completed, an amount equal to the Minimum Monthly Distribution, multiplied by a fraction of which the numerator is the number of days in the period beginning on the first day of such Month and ending on the date on which the Closing is completed and the denominator is the total number of days in such Month, minus (c) any tax withholdings that would be applied to such Minimum Monthly Distributions. (c) The Parties hereby agree that the respective aggregate Current Distributions as of the Closing Date (assuming a Closing Date of December 21, 2020) are $179,737.51 for the Purchased Interest; these Current Distributions will be distributed in cash to the Seller and will not be subject to reinvestment of Common Stock under Section 3(c) below. In addition, the Parties agree that the Seller of the Class AQ units in the Partnership will receive a portion of catch up distributions in the amount of $321,785.78, which amount will be utilized to purchase Common Stock in accordance with 3(c) below. (d) Upon the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay the Purchase Price to the Seller at the Closing in cash or by wire transfer(s) of immediately available funds to such account(s) as have previously been identified to the Buyer by each of the Seller in writing. View More

Purchase Price. The definition of "Purchase Price" is hereby revised to read as follows: "Purchase Price" means the aggregate purchase price for the Membership Units of $17,000,000 to be paid by Purchaser to Sellers. The Purchase Price shall consist of a $10,000,000 Cash Payment (which shall be subject to certain credits as provided in the Agreement) and a Stock Payment of 528,302 shares at $13.25 per share. 6 8. Additional Operating Expenses. Section 6.08 is hereby added to the Agreement to read as follows: 6....08 Additional Operating Expenses. Upon execution of the Amendment to this Agreement, Purchaser shall pay to Helix the sum of $100,000 to cover costs of operations prior to Closing. If Closing does not take place on or prior to June 1, 2021, Purchaser shall pay to Helix an additional $100,000. Such amounts are not repayable by Helix irrespective of if or when Closing takes place. View More