Purchase of Land a) The Vendor warrants that it has entered into an unconditional contract for the purchase of the property from the current registered proprietor and has been granted possession of the property for the purposes of construction of the House. Settlement of the purchase of the property from the current registered proprietor will take place on the same day as the Settlement Date.
Purchase of Land. Seller hereby agrees to sell the Property to Buyer and Buyer hereby agrees to purchase the Property from Seller, subject to the terms and conditions of this Agreement.
Purchase of Land. Except as authorized under subparagraph (C), funds shall be used to purchase lands or interests therein that are otherwise authorized by law to be acquired, and that are—
Purchase of Land. 9.1.1 AP shall procure that the Company will purchase and acquire the Land from Balkan AD for a total purchase price of EUR [*] (“Land Purchase Price”), of which the amount of EUR [*] will be the price for the acquisition by the Company of Plot 1 and of which the amount of EUR [*] will be the price for the acquisition by the Company of Plot 2, by no later than 31 January 2022 allowing the commencement of construction works and obtaining the relevant permits with regard to the Factory. The acquisition will be in the form of a notarial deed in agreed form to be delivered and executed between the Company and Balkan AD before a notary public in Lovech, Bulgaria. Each Party will procure that the Company obtains all necessary corporate actions to enter into the notarial deed and give effect to the sale and purchase of the Land.
Purchase of Land. Landlord and Tenant hereby acknowledge and agree that the effectiveness of this Lease is contingent upon Landlord acquiring the real property required to develop the Premises by October 16, 1998, and Landlord shall use commercially reasonable efforts to effectuate the acquisition of the real property required to develop the Premises by October 16,
Purchase of Land. As of the Close of Escrow, and subject to the terms and conditions of this Agreement, Seller shall sell, assign, convey, transfer and deliver to Purchaser, and Purchaser shall purchase and acquire from Seller, all of Seller’s right, title and interest in and to the Land and the Land Rights, free and clear of all liens and encumbrances (other than the Permitted Exceptions), at the Purchase Price provided in Section 2.2. hereof.
Purchase of Land. The Purchaser or one of its affiliates shall ---------------- use commercially reasonable efforts to purchase or acquire, within five (5) years following the Closing, the parcels of property described in Section 4.26 of the Disclosure Letter.
Purchase of Land. Conditions. Prior to exercising the Purchase ---------------------------- Option, Rocky Mountain may request that Thermo enlarge the Purchase Option to encompass the right to also purchase all of Thermo's right, title, and interest in the Land. Thermo shall do so if Rocky Mountain determines, in Rocky Mountain's discretion reasonably exercised, that Rocky Mountain is unable to obtain commercially reasonable financing for purchase of the Facility without also purchasing the Land, and if Rocky Mountain provides to Thermo reasonable assurances that if the Purchase Option is enlarged Rocky Mountain will in fact proceed to purchase the Leased Premises, including the Land. In such event, the Option Purchase Price for the Leased Premises shall be increased by adding thereto an amount equal to the unencumbered fair market value of the Land (determined as if there were no improvements thereon) as of the date the Purchase Option is exercised, and upon payment of such increased Option Purchase Price Thermo shall, at the closing, also convey the Land to Rocky Mountain in the same manner and subject to the terms and conditions provided in paragraph 5.3. Rocky Mountain shall have no right or option to purchase the Land separate and apart from, or later than, the purchase by Rocky Mountain of the Facility through exercise of the Purchase Option. Should it become necessary to determine the fair market value of the Land by appraisal pursuant to paragraph 5.7, the date for closing may be extended to the extent necessary to complete the appraisal process.
Purchase of Land. Landlord agrees to purchase from Tenant the property described in Exhibit "A" and will pay Tenant therefor the sum of $575,000.00, or such other amount as may be certified to by Tenant as being its total cost, including commissions, attorneys' fees, closing costs and other expenses in acquiring the property; provided, however, that to the extent that such costs may vary from $575,000.00, such difference in land cost shall be used in determining the rent as provided in Exhibit "B", Section 10(b). Closing of said purchase of said property shall occur within seven (7) days following the execution of the lease. Tenant agrees to assign to Landlord the obligations relating to the installation of the water line which Tenant acquired in connection with its purchase of said property. Landlord and Tenant agree to cooperate in regard to the acquisition of the title to said property so as to minimize the expense and avoid the unnecessary duplication of title insurance policies and documentary or transfer stamps. Landlord agrees to accept conveyance of said property subject to the conditions of title affecting the title set forth on the attached binder as Exhibit "D" to this lease; otherwise free and clear of all liens and encumbrances.
Purchase of Land. Subrecipient may not use funds under this Contract for the purchase or improvement of land or the purchase, construction, or permanent improvement of any building or other facility as outlined in 42 U.S.C. §9918 (a) and 10 TAC §6.205(a).
