Common use of Exchange Value Clause in Contracts

Exchange Value. In consideration for the sale of the Property to Buyer, Buyer will deliver to Seller an amount equal to the Exchange Value for the Property. The Exchange Value for the Property is $______________, which shall be paid in the form of, and by issuance and delivery of, _____ Units to the investors of Seller, to be distributed by the Transfer Agent at the Closing outside of Escrow in accordance with Section 13.2 hereof. Upon the request of any party hereto, whether made before or after the Closing, the parties hereto will allocate the Exchange Value to the Real Property, Personal Property, Improvements, Other Assets and the Intangibles.

Appears in 1 contract

Sources: Purchase and Sale Agreement (American Family Holdings Inc)

Exchange Value. In consideration for the sale of the Property to Buyer, Buyer will deliver to Seller an amount equal to the Exchange Value for the Property. The Exchange Value for the Property is $______________, which shall be paid in the form of, and by issuance and delivery of, ______ Units to the investors of Seller, to be distributed by the Transfer Agent at the Closing outside of Escrow in accordance with Section 13.2 hereof. Upon the request of any party hereto, whether made before or after the Closing, the parties hereto will allocate the Exchange Value to the Real Property, Improvements, Personal Property, Improvements, Other Assets and the Intangibles.. 5

Appears in 1 contract

Sources: Purchase and Sale Agreement (American Family Holdings Inc)

Exchange Value. In consideration for the sale of the Property to Buyer, Buyer will deliver to Seller an amount equal to the Exchange Value for the Property. The Exchange Value for the Property is $______________, which shall be paid in the form of, and by issuance and delivery of, _____ Units to the investors of Seller, to be distributed by the Transfer Agent at the Closing outside of Escrow in accordance with Section 13.2 hereof. Upon the request of any party hereto, whether made before or after the Closing, the parties hereto will allocate the Exchange Value to the Real Property, Improvements, Personal Property, Improvements, Other Assets and the Intangibles.. 5

Appears in 1 contract

Sources: Purchase and Sale Agreement (American Family Holdings Inc)