Common use of Closing Date Purchase Price Clause in Contracts

Closing Date Purchase Price. The closing of the purchase and sale of the Subject Property (“Closing”) shall occur on July 10, 2007 (the “Closing Date”) unless this Agreement is earlier terminated as provided herein, subject to extension as provided in Section 7(a) below, and subject to Purchaser’s right (which is hereby granted to Purchaser) to accelerate the Closing Date upon five (5) business days prior written notice. Purchaser shall pay to Seller, as consideration for the purchase of the Subject Property, the sum (“Purchase Price”) of NINE MILLION ONE HUNDRED THOUSAND AND 00/100 DOLLARS ($9,100,000.00) as the same may be adjusted as provided below. The Purchase Price shall be payable as follows:

Closing Date Purchase Price. The closing of the purchase and sale of the Subject Property (“Closing”) shall occur on July 10, 2007 (the “Closing Date”) unless this Agreement is earlier terminated as provided herein, subject to extension as provided in Section 7(a) below, and subject to Purchaser’s right (which is hereby granted to Purchaser) to accelerate the Closing Date upon five (5) business days prior written notice. Purchaser shall pay to Seller, as consideration for the purchase of the Subject Property, the sum (“Purchase Price”) of NINE EIGHT MILLION ONE FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($9,100,000.008,500,000.00) as the same may be adjusted as provided below. The Purchase Price shall be payable as follows: