SALE OF OTHER PROPERTY Sample Clauses

SALE OF OTHER PROPERTY. 19.1 This offer is subject to, and conditional upon, the sale of the Purchaser’s property being: .......................................................................... ............................................................................................................................................................. within days of date of this Agreement, the fulfilment of all and any suspensive conditions to be contained in such sale within a further twenty-one (21) days of date of such sale and the successful conclusion of such sale within six (6) weeks of fulfilment of all suspensive conditions or such longer period of time as the Seller in his sole discretion may allow. Transfer of the property purchased in terms of this agreement must take place simultaneously with or later than the property sold by the Purchaser.
Sample 1
AutoNDA by SimpleDocs
SALE OF OTHER PROPERTY. 30 A. This Agreement is NOT contingent upon the sale of any property owned by the Buyer.-OR-
Sample 1
SALE OF OTHER PROPERTY. This Agreement is not –OR– is contingent upon the sale (and closing) of another 20 property which address is . X 21 Said Property is not –OR– is presently in escrow with . 22 Escrow Number: . Proposed Closing Date: . 23
Sample 1Sample 2
SALE OF OTHER PROPERTY. This Purchase Agreement shall be contingent upon the sale and the closing of such sale of Buyers property located at on or before . If the closing of such sale is not timely completed, through no fault of Buyer, then this agreement shall terminate, at the option of Buyer, and upon Buyer’s written request all deposits shall be returned to Buyer. The Buyer warrants that said property is currently being actively marketed and is listed with a licensed Realtor and that Buyer will notify Seller immediately of any change to said marketing activity and listing status. Seller shall have the right to terminate this contract at any time by giving Xxxxx 72 hours written notice. The time period will commence when Seller’s written notice has been delivered to buyer. The termination shall be effective automatically unless within the time period after delivery of such notice Buyer shall notify Seller in writing that Buyer will complete the purchase of the business even though the contingency in this paragraph 3 has not been fulfilled. Xxxxx’s notice must include a copy of a contract for the sale of Buyer’s property described above, with a closing scheduled on or before the closing date herein. Date: 2/27/09 Time: 1:20 PM EST Date: 2/27/09 Time: 5:40 PM Xxxxx X. Xxxxx Xxxx X. Xxxx BUYER SELLER /s/ Xxxxx Xxxxx /s/ Xxxx Xxxx BUYER SELLER Additional Considerations to Purchase Offer Dated Indicate all that apply:
Sample 1
SALE OF OTHER PROPERTY. This Contract is is not contingent upon the sale of other property at: [Enter Property Address]
Sample 1
SALE OF OTHER PROPERTY. 30 A. This Agreement 31 □ is not –OR– 32 □ is contingent upon the sale (and closing) of another property which address is 33 .
Sample 1
SALE OF OTHER PROPERTY. Check the box if the purchase is contingent on funding from the net proceeds of a sale of other property by the buyer. Enter the address of the property to be sold.
Sample 1
AutoNDA by SimpleDocs
SALE OF OTHER PROPERTY. This Agreement is not -OR- is contingent upon the sale (and closing) of another property which address is 26 . 27 Said Property 28 is currently listed 29 is not -OR- is 30 presently in escrow with .
Sample 1

Related to SALE OF OTHER PROPERTY

  • Disposition of Property Dispose of any of its property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s Capital Stock to any Person, except:

  • Sale of Property If the Premises is sold, the Tenant is to be notified of the new Owner, and if there is a new Manager, their contact details for repairs and maintenance shall be forwarded. If the Premises is conveyed to another party, the new owner: (check one) ☐ - Has the right to terminate this Agreement by providing days’ notice to the Tenant. ☐ - Does not have the right to terminate this Agreement.

  • Other Property Each Loan Party shall cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents (subject to Permitted Encumbrances) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, landlord’s waivers and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

  • Sale of Properties The Borrower will not, and will not permit any of the Guarantors to, sell, assign, farm-out, convey or otherwise transfer any Property except for: (a) the sale of Hydrocarbons in the ordinary course of business; (b) farmouts of undeveloped acreage and assignments in connection with such farmouts; (c) the sale or transfer of equipment that is no longer necessary for the business of the Borrower or such Subsidiary or is replaced by equipment of at least comparable value and use; (d) sales or other dispositions (excluding Casualty Events) of Oil and Gas Properties or any interest therein or Subsidiaries owning Oil and Gas Properties; provided that (i) 100% of the consideration received in respect of such sale or other disposition shall be cash and/or publicly traded securities, (ii) the consideration received in respect of such sale or other disposition shall be equal to or greater than the fair market value of the Oil and Gas Property, interest therein or Subsidiary subject of such sale or other disposition (as reasonably determined by the board of directors of the Borrower and, if requested by the Administrative Agent, the Borrower shall deliver a certificate of a Responsible Officer of the Borrower certifying to that effect), (iii) if such sale or other disposition of Oil and Gas Property or Subsidiary owning Oil and Gas Properties included in the most recently delivered Reserve Report during any period between two successive Scheduled Redetermination Dates has a fair market value (as determined by the Administrative Agent), individually or in the aggregate, in excess of $5,000,000, the Borrowing Base shall be reduced, effective immediately upon such sale or disposition, by an amount equal to the value, if any, assigned such Property as determined by the Required Lenders assigned such Property in the most recently delivered Reserve Report and (iv) if any such sale or other disposition is of a Subsidiary owning Oil and Gas Properties, such sale or other disposition shall include all the Equity Interests of such Subsidiary; and (e) sales and other dispositions of Properties not regulated by Section 9.12(a) to (d) having a fair market value not to exceed $250,000 during any 12-month period.

  • Other Properties If any Imposition shall be levied, charged, filed, assessed, or imposed upon or against the Leased Property, and if such Imposition shall also be a levy, charge, assessment, or imposition upon or for any other real or personal property that does not constitute a part of the Leased Property, then the computation of the amounts to be deposited under this Section 4.6 shall be based upon the entire amount of such Imposition and the Lessee shall not have the right to apportion any deposit with respect to such Imposition.

  • No Disposition of Collateral Secured Party does not authorize, and Debtor agrees not to:

  • Disposition of Collateral Such Grantor will not sell, lease or otherwise dispose of the Collateral owned by it except for dispositions specifically permitted pursuant to Section 6.05 of the Credit Agreement.

  • Sale of the Property To the extent permitted by applicable law, Grantor hereby waives any and all right to have the Property marshalled. In exercising its rights and remedies, Lender shall be free to sell all or any part of the Property together or separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale on all or any portion of the Property.

  • Sale of Collateral Secured Party may sell any or all of the Collateral at public or private sale, upon such terms and conditions as Secured Party may deem proper, and Secured Party may purchase any or all of the Collateral at any such sale. Grantor acknowledges that Secured Party may be unable to effect a public sale of all or any portion of the Collateral because of certain legal and/or practical restrictions and provisions which may be applicable to the Collateral and, therefore, may be compelled to resort to one or more private sales to a restricted group of offerees and purchasers. Grantor consents to any such private sale so made even though at places and upon terms less favorable than if the Collateral were sold at public sale. Secured Party shall have no obligation to clean-up or otherwise prepare the Collateral for sale. Secured Party may apply the net proceeds, after deducting all costs, expenses, attorneys' and paralegals' fees incurred or paid at any time in the collection, protection and sale of the Collateral and the Obligations, to the payment of the Obligations, returning the excess proceeds, if any, to Grantor. Grantor shall remain liable for any amount remaining unpaid after such application, with interest at the Default Rate. Any notification of intended disposition of the Collateral required by law shall be conclusively deemed reasonably and properly given if given by Secured Party at least ten (10) calendar days before the date of such disposition. Grantor hereby confirms, approves and ratifies all acts and deeds of Secured Party relating to the foregoing, and each part thereof, and expressly waives any and all claims of any nature, kind or description which it has or may hereafter have against Secured Party or its representatives, by reason of taking, selling or collecting any portion of the Collateral other than in the event of any intentional misconduct or gross negligence. Grantor consents to releases of the Collateral at any time (including prior to default) and to sales of the Collateral in groups, parcels or portions, or as an entirety, as Secured Party shall deem appropriate. Grantor expressly absolves Secured Party from any loss or decline in market value of any Collateral by reason of delay in the enforcement or assertion or non-enforcement of any rights or remedies under this Security Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.