ELECTED Clause Samples
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ELECTED. Investigation Period: days (60 if not specified) from the Execution Date of the Agreement of Sale.
29 1. Within the Investigation Period, ▇▇▇▇▇ will have completed an investigation of the ownership rights/interests and status of
32 2. If the result of the investigation demonstrates terms that are unsatisfactory to Buyer, Buyer will, within the stated 33 Investigation Period:
34 a. Accept the Property and agree to the the RELEASE in the Agreement of Sale, OR
35 b. Terminate the Agreement of Sale by written notice to Seller, with all deposit monies returned to Buyer according to the
37 c. Enter into a mutually acceptable written agreement with Seller as acceptable to the lender(s), if any.
ELECTED. Investigation Period: days (60 if not specified) from the Execution Date of the Agreement of Sale.
33 1. Within the Investigation Period, Buyer will have completed an investigation of the ownership rights/interests and status
36 2. If the result of the investigation demonstrates terms that are unsatisfactory to Buyer, Buyer will, within the stated Investigation 37 Period:
38 a. Accept the Property and agree to the the RELEASE in the Agreement of Sale, OR
39 b. Terminate the Agreement of Sale by written notice to Seller, with all deposit monies returned to Buyer according to the
41 c. Enter into a mutually acceptable written agreement with Seller as acceptable to the lender(s), if any. 42 If Buyer and Seller do not reach a written agreement before the conclusion of the Investigation Period, and Buyer does 43 not terminate the Agreement of Sale by written notice to Seller within that time, Buyer will accept the Property and 44 agree to the terms of the RELEASE in the Agreement of Sale.
ELECTED. This sale is contingent upon Buyer obtaining mortgage financing according to the following terms: Loan Amount $ Minimum Term years Type of mortgage For conventional loans, the Loan-To-Value (LTV) ratio is not to exceed % Mortgage lender Interest rate %; however, Buyer agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- ing any mortgage insurance premiums or VA funding fee) not to exceed % (0% if not specified) of the mortgage loan. Loan Amount $ Minimum Term years Type of mortgage For conventional loans, the Loan-To-Value (LTV) ratio is not to exceed % Mortgage lender Interest rate %; however, Buyer agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- ing any mortgage insurance premiums or VA funding fee) not to exceed % (0% if not specified) of the mortgage loan.
ELECTED. The amount of each variable annuity payment made after the first is determined by multiplying (a) by (b), where:
ELECTED. A) This sale is contingent upon Buyer obtaining mortgage financing according to the following terms: First Mortgage on the Property Loan Amount $ 125,450.00 Minimum Term 30 years Type of mortgage FHA For conventional loans, the Loan-To-Value (LTV) ratio is not to Second Mortgage on the Property Loan Amount $ Minimum Term years Type of mortgage For conventional loans, the Loan-To-Value (LTV) ratio is not to exceed % Mortgage lender Luzerne Bank exceed % Mortgage lender Interest rate 2.000 %; however,Buyer agrees to accept the interest rate as may be committed by the mortgage lender,not to exceed a maximum interest rate of 5.000 %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- Interest rate %; however,Buyer agrees to accept the interest rate as may be committed by the mortgage lender,not to exceed a maximum interest rate of %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- ing any mortgage insurance premiums or VA funding fee) not to ing any mortgage insurance premiums or VA funding fee) not to exceed % (0% if not specified) of the mortgage loan. exceed % (0% if not specified) of the mortgage loan. 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 (B) Upon receiving documentation demonstrating lender's approval, whether conditional or outright, of Buyer's mortgage applica- 112 tion(s) according to the terms set forth above, Buyer will promptly deliver a copy of the documentation to Seller, but in any case 113 no later than March 8, 2021 .
ELECTED. The initial term of the class II directors shall expire immediately following Parent’s 2023 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following Parent’s 2024 annual meeting at which directors are elected.
ELECTED. Each town's population divided by the # of reps from that town
ELECTED representative nominated and selected by the FASPAA membership.
ELECTED. The value of an Annuity Unit in each Variable Investment Option was established at $1.00 on the date operations began for each such Variable Investment Option. The value of an Annuity Unit at the end of any subsequent Valuation Period is equal to (a) multiplied by (b), where: o
ELECTED. A) This sale is contingent upon Buyer obtaining mortgage financing according to the following terms: Second Mortgage on the Property LoanAmount $ Minimum Term years Type of mortgage Loan-To-Value (LTV) ratio: For non-FHA/VA loans LTV ratio not to exceed % Mortgage lender Interest rate %; however, Buyer agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- ing any mortgage insurance premiums or VA funding fee) not to exceed % (0% if not specified) of the mortgage loan. First Mortgage on the Property LoanAmount $ Minimum Term years Type of mortgage Loan-To-Value (LTV) ratio: For non-FHA/VA loans LTV ratio not to exceed % Mortgage lender Interest rate %; however, Buyer agrees to accept the interest rate as may be committed by the mortgage lender, not to exceed a maximum interest rate of %. Discount points, loan origination, loan placement and other fees charged by the lender as a percentage of the mortgage loan (exclud- ing any mortgage insurance premiums or VA funding fee) not to exceed % (0% if not specified) of the mortgage loan. 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 (B) The interest rate(s) and fee(s) provisions in Paragraph 8(A) are satisfied if the mortgage lender(s) gives Buyer the right to guar- 100 ▇▇▇▇▇ the interest rate(s) and fee(s) at or below the maximum levels stated. If lender(s) gives Buyer the right to lock in the inter- 101 est rate(s), Buyer will do so at least 15 days before Settlement Date. Buyer gives Seller the right, at Seller’s sole option and 102 as permitted by law and the mortgage lender(s), to contribute financially, without promise of reimbursement, to the Buyer and/or 103 the mortgage lender(s) to make the above mortgage term(s) available to Buyer. 104 (C) Within days (7 if not specified) from the Execution Date of this Agreement, Buyer will make a completed, written mort- 105 gage application (including payment for and ordering of appraisal and credit reports without delay, at the time required by 106 lender(s)) for the mortgage terms and to the mortgage lender(s) identified in Paragraph 8(A), if any, otherwise to a responsible 107 mortgage lender(s) of Buyer’s choice. Broker for Buyer, if any, otherwise Broker for Seller, is authorized to communicate with 108 the mortgage lender(s) to assist in the mortgage loan proce...