conditional sale agreement definition

conditional sale agreement means an agreement for the sale of goods under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

conditional sale agreement means an agreement for the sale of goods under which—

conditional sale agreement means the Conditional Sale Agreement -------------------------- dated November 25, 1996 between the Owner Trust and the U.K. Lessor.

Examples of conditional sale agreement in a sentence

• In the event that the Head Lease shall ------------------------- have terminated in circumstances where the U.K. Lessor is obliged to conclude the sale of the Vessel or its rights under the Conditional Sale Agreement, the parties shall have no obligation under Article 18(c), and any proceeds from such sale to which the Owner is entitled shall be applied against the obligations of the Charterer in respect of the payment of Termination Value under Article 14 or 23(b), as applicable.

• The Vessel is, and the Shipowner covenants that ------------- it will remain, duly documented in the name of the Shipowner as owner thereof under the laws and flag of the _______________________, free and clear of all Liens and encumbrances except Permitted Liens, which include but are not limited to, the rights of the U.K. Lessor under the Conditional Sale Agreement and the Head Lease, so long as either document is in full force and effect.

• If the Conditional Sale Agreement ----------------------------- and the Head Lease shall cease to be in full force and effect, this Mortgage shall be read and construed as though such documents were not mentioned herein.

• Purchaser and Seller understand that certain commercial and financial information contained in this Agreement and each other Conditional Sale Agreement is considered by Purchaser and Seller as privileged and confidential.

• In connection with any permitted disclosure of the terms and conditions of or the existence of this Agreement and each other Conditional Sale Agreement or the agreements contained herein to any person or entity, Purchaser or Seller, as the case may be, and such party's agents and advisers, shall request, and shall use reasonable efforts to obtain, confidential treatment of such information.

More Definitions of conditional sale agreement

conditional sale agreement means an agreement for the sale of goods under which payment of the whole or a part of the purchase price is deferred and a security right in the goods is created or provided for in order to secure the payment of the whole or a part of the purchase price;

conditional sale agreement means an agreement for the sale of goods under which the purchase price

conditional sale agreement means the same as in the Consumer Credit Act 1974.

conditional sale agreement means the same as in the M1Consumer Credit Act 1974.

conditional sale agreement means an agreement for the sale of any article under which the purchase price, or part of it is payable by instalments, and the property in the article is to remain in the seller (notwithstanding that the buyer

conditional sale agreement has the meaning assigned to it by section 2(5) of the Hire-Purchase Act 1973;15

conditional sale agreement means an agreement for the sale of a good under which–