CALCULATION OF THE FORMULA PRICE. The Formula Price shall be equal to Lessee’s Purchase Price, as stated below, plus 25% of the increase in market value of the Improvements, if any, calculated in the way described below.
Appears in 1 contract
Sources: Ground Lease
CALCULATION OF THE FORMULA PRICE. The Formula Price shall be equal to Lessee▇▇▇▇▇▇’s Purchase Price, as stated below, plus 25% the Lessee’s share of the increase in market value of the ImprovementsMarket Value, if any, calculated in the way described below.:
Appears in 1 contract
Sources: Ground Lease Agreement
CALCULATION OF THE FORMULA PRICE. The Formula Price shall be equal to Lessee’s Purchase Price, as stated below, plus 25% of the increase in market value of the Improvementsleasehold value, if any, calculated in the way described below.as follows:
Appears in 1 contract
Sources: Ground Lease