Acquisition of the Property. 2.1 The Vendor, subject to the terms hereof, hereby agrees to sell to the Purchaser and to transfer to the Purchaser, a 100% undivided interest in and to the Property free from all liens, mortgages, charges, pledges, encumbrances or other burdens with all rights now or thereafter attached thereto. If the Purchaser should notify the Vendor in writing of any claims or burdens against the Property then, after ascertaining the validity thereof, the Vendor shall, within a reasonable period of time after notification thereof by the Purchaser, attend to the discharge of such claims at his or their own expense, or will indemnify the Purchaser against the same and will provide such security as may reasonably be requested by the Purchaser to secure such indemnity.
Acquisition of the Property. Subject to the terms and conditions contained herein, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase from Seller the Conveyed Property free from all liens, mortgages, charges, pledges, encumbrances or other burdens with all rights now or thereafter attached thereto.
Acquisition of the Property. GIPLP shall acquire from Contributor, the Property in exchange for GIPLP’s issuance of Partnership Units and the Cash Amount, through a subsidiary LLC (to be formed), and shall indirectly own, in full, and in fee simple, the Property. This Agreement is to be read consistent with the Partnership Agreement, which is incorporated herein by reference and attached in the form hereto as Exhibit D. The sole general partner of GIPLP is GIPREIT, which at the time of this Agreement is a publicly-reporting company under the rules promulgated by the SEC and GIPREIT has been organized and operated to qualify as a real estate investment trust (“REIT”) and intends to make its REIT election commencing the year ended 2019.
Acquisition of the Property. On the Closing Date, and subject to the terms and conditions set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer and Buyer shall purchase from Seller the following:
Acquisition of the Property. Developer covenants and agrees to acquire the Property from the EDC within ninety (90) days of the Effective Date of this Agreement or consistent with the terms of a real estate sales contract executed by and between the Developer and the EDC. The Developer covenants and agrees the Property has a value of Three Hundred Four Thousand Seven Hundred Forty and No/100 Dollars ($304,740.00). Developer covenants and agrees to execute a deed of trust lien or other lien for the Property in a form acceptable to the EDC providing a first lien position to 14.093 acres of the Property, and a second lien position to 2.00 acres of the Property at the time of closing on the Property.
Acquisition of the Property. 3.1 The Seller, subject to the terms hereof, hereby agrees to sell to the Purchaser and, on the Closing Date, to transfer to the Purchaser, a 100% undivided right, title and interest in and to the Property free from all liens, mortgages, charges, pledges, encumbrances, claims, liabilities, adverse interests or other burdens of any nature or kind (each, a "burden") with all rights now or thereafter attached thereto. If the Purchaser should notify the Seller in writing of any burden or burdens against the Property then the Seller shall, after ascertaining the validity thereof, which shall be prosecuted in good faith, and in any event within a reasonable period of time after notification thereof by the Purchaser, attend to the discharge of such burden or burdens at their own expense, or will indemnify the Purchaser against the same and will provide such security as may reasonably be requested by the Purchaser to secure such indemnity. The Purchaser agrees to purchase the Property and pay the consideration hereinafter specified.
Acquisition of the Property. 7.1 In the event of the exercise of any rights or the taking of any steps under the Land Acquisition Xxx 0000, by the government or any other authority having power in that behalf, between the date of this Agreement and the date upon which the Transfer is presented for registration at the Land Registry, to acquire all or a part of the Land and which affects any part of the Property, the Vendor shall notify the Purchaser forthwith on the Vendor receiving notice of the exercise of such rights or the taking of such steps. The Vendor and the Purchaser hereby agree that this Agreement shall remain in full force and effect notwithstanding such notice or action and thereupon:
Acquisition of the Property. SSA and the County will purchase portions of the Property either in fee or by easements across the Property in phases as follows:
Acquisition of the Property. The purchase price to be paid by the Developer for the Property shall be $2,000,000.00 dollars.
Acquisition of the Property. Except as otherwise provided in Section 3.2 hereof, the Lessor agrees to the acquisition of the Property set forth in Exhibit A, and pursuant to the requirements of the Lessee, provided that, within the limits of the amounts on deposit in the Acquisition Fund, Lessee and Lessor may agree to substitute other education technology equipment qualifying for financing pursuant to the Act for any item of Property, as provided herein. The Lessor hereby authorizes the Lessee to enter into one or more contracts or purchase orders providing for the use, acquisition, and purchase of the Property. The Lessor will take such actions as may be necessary to cause the Property to be delivered to the Lessee. The Lessee agrees that upon acquisition of any item of the Property it will take possession of that item of the Property under the terms and provisions of this Lease. If the Lessee has elected to requisition for all or a portion of the Property at Closing as provided in Section 3.1, the Lessee shall acquire such Property under the Lease within a reasonable period of time. The Lessee and the Lessor agree that the Lessee may substitute other education technology equipment qualifying for financing pursuant to the act for any item of Property, provided Lessee shall notify the Lessor (by notifying the Trustee) and the Trustee of such substitution and after all property (and property substituted for the Property) is acquired, the Lessee shall provide an inventory of the Property actually acquired under the Lease to the Lessor and the Trustee. Except as provided in Section 3.1 and this section, upon substantial completion of acquisition of each item of financed Property in a manner reasonably satisfactory to the Lessee, the Lessee shall deliver to the Lessor a Certificate of Acceptance in substantially the form attached hereto as Exhibit C with respect to such Property then being or to be acquired relating to any particular installment delivery of Certificates pursuant to the Trust Indenture, at which time the Lessor shall execute the acknowledgment in the Certificate and forward the Certificate of Acceptance to the Trustee, which shall constitute directions for the Trustee to make payment to the person entitled to payment, pursuant to Section 3.03(b) of the Trust Indenture. Except as may otherwise be provided in Section 3.1, upon the Closing Date and the delivery of the Certificates by the Trustee, or as soon thereafter as may be practicable, Lessor shall direct Trustee to dis...
