Common use of Reduction in Purchase Price Clause in Contracts

Reduction in Purchase Price. Pursuant to Section 6.3 of the Agreement, and agreement between the parties, the Purchase Price for the Properties being acquired on or about this day is hereby amended and allocated to the Properties being acquired as of this date as more particularly described on Exhibit A attached hereto (the Properties listed on Exhibit A hereto are referred to as the “First Phase Properties”). The parties acknowledge that the Purchase Price allocated to **** ** **********, *********, ******** includes a credit to Buyer of ********, in addition to adjustments pursuant to Section 6.3 of the Agreement (which ******** reduction is included in the amended Purchase Price for said Property in Exhibit A attached hereto).