Contract Purchase Price Clause Samples

Contract Purchase Price. The term “Contract Purchase Price” shall mean (i) the amount actually paid or allocated in respect of the acquisition of a Property, (ii) the Corporation’s proportionate share of the amount actually paid or allocated in respect of the Real Property owned by any real estate related entity in which the Corporation acquires a majority economic interest or which the Corporation consolidates for financial reporting purposes in accordance with generally accepted accounting principals, (iii) the amount actually paid or allocated in respect of an investment in any other real estate related entity or (iv) the amount actually paid or allocated in respect of the origination or acquisition of Mortgages, other debt investments or other investments; in each case including any third party expenses, debt, whether borrowed or assumed, and exclusive of Acquisition Fees and Acquisition Expenses.

Contract Purchase Price. The amount of monies or other consideration paid or contributed by the Company or the Partnership, from time to time, (i) to acquire, directly or indirectly, any Asset (other than a Mortgage) or an Incremental Interest in an Asset, and including any indebtedness for money borrowed to finance the purchase, indebtedness secured by such Asset, which is assumed, or indebtedness that is refinanced or restructured, all in connection with the acquisition, and which is or will be secured by such Asset at the time of the acquisition, (ii) to make any Property Improvements, or (iii) to make a Mortgage. The Contract Purchase Price shall exclude Acquisition Fees and Acquisition Expenses. With respect to monies funded or contributed by the Company or the Partnership to a Joint Venture, the Contract Purchase Price shall be equal to the product of (A) the amount determined in accordance with the foregoing and (B) the Ownership Percentage.

Contract Purchase Price. In consideration for the Contract Assets being sold on a Contract Purchase Date, the Purchaser shall, on each Contract Purchase Date, pay to the Seller an amount equal to the aggregate Principal Balance of the Contracts being sold as the purchase price for such Contracts and the related Contract Assets (the "Contract Purchase Price"). On each Contract Purchase Date, the Seller may make a capital contribution to the Purchaser in an amount that, together with all other amounts available to the Purchaser for the purchase of Contracts on such date in the Contract Purchase Account, along with the proceeds of the issuance of Notes on the related Note Issuance Date, will be applied by the Purchaser as a portion of the amount that is the Contract Purchase Price of the Contracts to be purchased by the Purchaser from the Seller on such Contract Purchase Date. The amount so paid and contributed to the Purchaser will be deposited into the Contract Purchase Account for application by the Trustee in accordance with the Indenture.

Contract Purchase Price. The amount actually paid or allocated (as of the date of purchase) to the purchase, development, construction or improvement of property, exclusive of Acquisition Fees and Acquisition Expenses.

Contract Purchase Price. The amount (i) actually paid and/or budgeted by the Company in respect of the purchase, development, construction or improvement of a Property, (ii) of funds advanced by the Company with respect to a Mortgage or other loan or (iii) actually paid and/or budgeted by the Company in respect to the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses but including any debt obtained or entered into at or prior to the purchase, development, construction or improvement of an Asset and used to fund such transaction (and excluding, to the extent necessary to avoid double counting, any debt financing obtained subsequent to the purchase, development, construction or improvement of an Asset).

Contract Purchase Price. On each Contract Purchase Date, the Purchaser will deliver to the Seller the Contract Purchase Price, as provided in Section 2.01(b).

Contract Purchase Price. Subject to the provisions of this Section 2, the total purchase price for the Property (the "Sales Price") shall be $2,375,000.00.

Contract Purchase Price. The amount of (i) total consideration incurred in respect of the acquisition, development, construction or improvement of a Property, (ii) gross funds advanced with respect to a Mortgage or other loan, or (iii) total consideration incurred in respect to the making of other investments, in each case exclusive of Acquisition Fees and Acquisition Expenses but including any debt attributable to such acquired Assets.

Contract Purchase Price. The amount of monies or other consideration: (i) paid or contributed (including deemed contributions) by the Company, the Operating Partnership or the Joint Venture, as applicable, to acquire an Asset or any Incremental Interest in an Asset, including by way of exchanging a debt interest for an equity interest and including any indebtedness funded by parties other than the Company or the Joint Venture, as applicable, for money borrowed to finance the purchase or indebtedness of third parties secured by an Asset, which is assumed, refinanced or restructured in connection with the acquisition, (ii) to be funded or advanced by the Company, the Operating Partnership or the Joint Venture, as applicable, in respect of a Mortgage in connection with the acquisition of an Asset; and (iii) approved by the Board from time to time for the construction, development or Improvement of an Asset, but excluding amounts accounted for in (i) or (ii) above. In each case, Acquisition Fees and Acquisition Expenses shall be excluded from the calculation. With respect to Assets owned or to be owned through a Joint Venture, the Contract Purchase Price shall be equal to the product of (A) the amount determined in accordance with the foregoing and (B) the Ownership Percentage.