Bus. Phone: Fax No.: Not less than five (5) calendar days following the Seller’s Pre-Closing Notice (as defined in Section 9(b) of the General Terms and Conditions attached to this Agreement (the “General Terms and Conditions”), Buyer shall submit to Title Guaranty Escrow Services, Inc. (“Escrow”) (i) if Buyer is a corporation or limited liability company, appropriate resolutions authorizing the corporation’s or limited liability company’s purchase of the Unit and designating the person or persons authorized to execute this Agreement, the Unit Deed, note, mortgage and other closing documents executed on Buyer’s behalf; (ii) if Buyer is a partnership or a limited liability partnership, a certified copy of the partnership agreement, partnership certificate or other evidence of the partnership’s authority to purchase the Unit and showing the person or persons authorized to execute this Agreement, the Unit Deed, note, mortgage and other closing documents executed on Buyer’s behalf; (iii) if Buyer is a corporation, limited liability company, partnership, or limited liability partnership, evidence that Buyer has registered to do business in the State of Hawaii or is not required to so register; and (iv) if Buyer is a trustee, a copy of the trust agreement. BUYER ACKNOWLEDGES AND AGREES THAT IF BUYER IS A CORPORATION, LIMITED LIABILITY COMPANY, PARTNERSHIP, LIMITED LIABILITY PARTNERSHIP OR OTHER ENTITY THAT IS NOT A NATURAL PERSON, SELLER MAY REQUIRE, AS A CONDITION TO SELLER’S ACCEPTANCE OF THIS AGREEMENT, THAT BUYER’S OBLIGATIONS UNDER THIS AGREEMENT BE GUARANTEED BY A FINANCIALLY RESPONSIBLE PERSON WHO IS ACCEPTABLE TO SELLER, IN ITS SOLE DISCRETION. Nature of Tenancy:
Appears in 4 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
