Contracts for Sale. Notwithstanding Paragraph 9, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Property or any portion of the Property if the contract or agreement clearly states that no portion of the Property shall be conveyed until the Subdivider performs its obligation under this Agreement. Prior to entering into a contract or contracts for sale or deposit receipt agreement, the Trustee shall submit to the City for its approval a copy of the form of contract or agreement containing the disclosure of limitation on the power to convey.
Appears in 3 contracts
Samples: Substitute Agreement, Substitute Agreement, Substitute Agreement
Contracts for Sale. Notwithstanding Paragraph 910, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Property or any portion of the Property if the contract or agreement clearly states that no portion of the Property shall be conveyed until the Subdivider performs its obligation Subdivider’s obligations under this Agreement. Prior to entering into a contract or contracts for sale or deposit receipt agreement, the Trustee shall submit to the City for its approval a copy of the form of contract or agreement containing the disclosure of limitation on the power to conveyAgreement are fully performed.
Appears in 2 contracts
Samples: www.tucsonaz.gov, www.tucsonaz.gov
