Common use of Purchase Price Reduction Clause in Contracts

Purchase Price Reduction. The Purchase Price shall be, and hereby is, reduced from Fifty Million Seven Hundred Fifty Thousand and No/100 Dollars ($50,750,000.00) to Forty-Nine Million Seven Hundred Fifty Thousand and No/100 Dollars ($49,750,000.00).

Appears in 2 contracts

Sources: Purchase Agreement for Real Property, Purchase Agreement for Real Property (KBS Real Estate Investment Trust, Inc.)

Purchase Price Reduction. The Purchase Price shall be, and hereby is, reduced from Fifty Ninety Five Million Seven Hundred Fifty Thousand and No/100 Dollars ($50,750,000.0095,050,000.00) to Forty-Ninety Three Million Two Hundred Eighty Thousand Nine Million Seven Hundred Fifty Thousand and No/100 Forty Five Dollars ($49,750,000.0093,280,945.00).

Appears in 1 contract

Sources: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)