Index Price. The Index Price shall be equal to the following formula: (1) Multiply the Purchase Price by its Inflation Factor as defined in Section 1.13. (2) Subtract the “Maintenance/Appliance Adjustment”, if any, pursuant to the Transfer Inspection performed by the CLT as described in the Guidelines.
Appears in 2 contracts
Sources: Ground Lease, Ground Lease
Index Price. The Index Price shall be equal to the following formula:
(1) Multiply the Purchase Price by its Inflation Factor as defined in Section 1.131.12.
(2) Subtract the “Maintenance/Appliance Adjustment”, if any, pursuant to the Transfer Inspection performed by the CLT as described in the Guidelines.
Appears in 1 contract
Sources: Ground Lease
Index Price. The Index Price shall be equal to the following formula:
(1) Multiply the Purchase Price by its Inflation Factor as defined in Section 1.131.12.
1. (2) Subtract the “Maintenance/Appliance Adjustment”, if any, pursuant to the Transfer Inspection performed by the CLT as described in the Guidelines.
Appears in 1 contract
Sources: Ground Lease