Deferred Purchase Price

Deferred Purchase Price. Means that portion of the total Purchase Price due Seller that Seller has agreed may be deferred and payable by Buyer after the Closing. The amount of the Deferred Purchase Price is Three Million Four Hundred Forty-Nine Thousand Four Hundred One Dollar and 47/100 ($3,449,401.47), payable to Seller in accordance with the terms of the Deferred Purchase Price Note. The Deferred Purchase Price is allocable among the Property (hereinafter defined) as reflected on Schedule 1.4. The Deferred Purchase... Price is a contingent payment, payable only as provided in the Deferred Purchase Price Note. View More