Common use of Initial Purchase Price Clause in Contracts

Initial Purchase Price. That portion of the Purchase Price for each Lot that is identified as the Initial Purchase Price and calculated as provided in Section 2 above shall be paid by Purchaser to Seller in Good Funds at the Closing that is applicable to the Lot.

Appears in 6 contracts

Sources: Contract for Purchase and Sale of Real Estate (Pure Cycle Corp), Contract for Purchase and Sale of Real Estate (Pure Cycle Corp), Contract for Purchase and Sale of Real Estate (Pure Cycle Corp)