Closing Terms. This Section 20.06 sets forth and will govern the procedures, terms and conditions pursuant to which a Member selling its Membership Interest (the "Selling Member") will be transferred to a Member purchasing the Selling Member's Membership Interest (the "Purchasing Member") pursuant to Section 20.03.
Closing Terms. AND CONDITIONS The transaction shall be deemed to be effective only upon payment of the $75,000 as described in Payment terms and Conditions below. Closing will be deemed to have occurred upon receipt of this first payment.
Closing Terms. (a) If Riverwood provides a Specified Notice of Election to purchase any Specified Acreage pursuant to Section 6.5 and the related Specified Transfer Notice was accompanied by a definitive Contract that had been executed and delivered by Plum Creek and the applicable Specified Entity, Riverwood and Plum Creek shall close such purchase in substantial accordance with the material economic terms of such Contract, subject to Sections 6.5(c) and 6.6.
Closing Terms. 8.1 It is the intention of the Agency that the terms and conditions are made available to the Client by copy or are available on the website. It is the client's responsibility to obtain and to have read and understood the terms and conditions of the Agency.
Closing Terms. 33 19.6. MEMORANDA OF RIGHTS; TRANSFEREES TO ASSUME FIBER SUPPLY AGREEMENT . . . . . . . . . . . .33 19.7. RELEASES OF RIGHTS . . . . . . . . . .34 19.8. SURVIVAL . . . . . . . . . . . . . . .34
Closing Terms. The following terms and conditions shall apply to the consummation of any purchase by Seller of any Notice Acreage pursuant to an exercise of any First Offer Right in respect thereof in accordance with Section 19.4: (a) Seller shall pay one-half, and Purchaser shall pay one-half, of all transfer, excise or similar taxes on the deed or deeds given by Purchaser or SDW Timber II. Seller shall pay the recording fees for all documents to be recorded and all costs of examining and insuring title. Each party shall pay its own attorneys' fees. There shall be a proration of any applicable ad valorem taxes. Each party shall pay all other expenses of the transaction incurred by it, including all brokers' commissions;
Closing Terms. If Tenant elects to exercise its option to purchase the Offered Interest in accordance the foregoing, then within ten (10) business days following the date of Tenant’s notice to Landlord evidencing such election, Tenant shall open an escrow with the escrow company and officer of Tenant’s choice. Tenant’s purchase of the Offered Interest shall be on the following terms and conditions, and the escrow holder shall be instructed as follows:
Closing Terms. The following closing terms shall be followed:
Closing Terms. 10 Section 4.1 Closing & Effective Date 10 Section 4.2 Payment of Purchase Price 10 Section 4.3 Representations & Warranties 11 Section 4.4 Remedy for Failure of Seller to Convey Shares 12 ARTICLE 5 DISABILITY 12 Section 5.1 Optional Purchase on Disability 12 Section 5.2 Exercise of Option 12 Section 5.3 Defining Disability 13 ARTICLE 6 VOTING & GOVERNANCE 13 Section 6.1 Supermajority Voting Rights 13 Section 6.2 Deadlock 14 Section 6.3 Founders Rights 15 Section 6.4 Management of Major Chemical 15 ARTICLE 7 NON-COMPETE & CONFIDENTIALITY. 17 Section 7.1 Covenants 17 Section 7.2 Remedies 18 Section 7.3 Continuing Employment 19 ARTICLE 8 S STATUS 19 Section 8.1 Maintaining S Corporation Status 19 Section 8.2 Permissible Shareholders 20 ARTICLE 9 REMEDIES & ARBITRATION 20 Section 9.1 Specific Performance 20 Section 9.2 Expenses of Litigation 21 Section 9.3 Arbitration 21 Section 9.4 Governing Law 21 Section 9.5 Severability 21
Closing Terms. 8.1 It is the intention of Alleyns that the terms and conditions are made available to the client by copy or have available on the website. It is the client’s responsibility to obtain and to have read and understood the terms and conditions
