Option to Purchase Agreement Sample Clauses

Option to Purchase Agreement. THIS IS A LEGALLY BINDING CONTRACT. YOU ARE ADVISED TO SEEK THE ADVICE OF LEGAL COUNSEL PRIOR TO SIGNING IT. This OPTION TO PURCHASE AGREEMENT (hereinafter called the “Option Agreement”) is entered into by and between and/or assignee, with an address of , Telephone ( ) - (hereinafter called the “Owner”); and Optionee: Street Address City State Zip Code Home Phone Mobile Phone (hereinafter called the “Optionee” whether one or more).
Sample 1
AutoNDA by SimpleDocs
Option to Purchase Agreement. The Developer shall enter into, or shall cause the execution of, an Option Agreement with the Commission pertaining to the sale of its current facility at 000 X Xxxxxx Xxxxxx, South Bend, Indiana concurrently with the execution of this Agreement.
Sample 1
Option to Purchase Agreement. A separate Option to Purchase agreement shall be executed by the Parties as of the Effective Date of this Agreement, the form of which is attached hereto as Exhibit T, providing for a mutual option in the City and Developer for the purchase by the Developer or approved assigns, of the Market Street Garage and Skywalk in an amount equal to the Purchase Option Price. The Mayor and Clerk are authorized and directed to execute such Option to Purchase Agreement with such changes as may be approved by the City Manager and the Developer and as to form by the City Attorney. A copy of the Option to Purchase Agreement or memorandum evidencing the Option to Purchase shall be recorded in the real estate records of Sedgwick County, Kansas, immediately after the Effective Date hereof. In the event that the Option to Purchase is not exercised within the time period prescribed in the Option to Purchase Agreement, the Developer and/or City shall thereafter execute and deliver to the other Party a release of the mutual Option to Purchase, or such other documentation as may be reasonably necessary in a form available to be recorded in the real estate records of Sedgwick County, Kansas, to evidence such release of the Option to Purchase. If the either Party fails to deliver such release within 30 days of the expiration, the other Party may unilaterally thereafter execute and record an appropriate a document evidencing the failure of either Party to exercise the Option to Purchase.
Sample 1
Option to Purchase Agreement. The Option is granted in accordance with the Option to Purchase Agreement executed by and between City and Optionee concerning the Option Property, dated , 20 (the “Option to Purchase Agreement”). This Memorandum of Option is prepared for the purpose of recordation and shall not alter or affect in any way the rights and obligations of City and Optionee under the Option to Purchase Agreement. In the event of any inconsistency between this Memorandum and the Option Agreement, the terms of the Option to Purchase Agreement shall control. In witness whereof, the Parties have entered into this Agreement as of the Effective Date. [SIGNATURES APPEAR ON FOLLOWING PAGE] “City” CITY OF MANTECA, a municipal corporation By:
Sample 1
Option to Purchase Agreement. The Option is granted in accordance with the Option to Purchase Agreement executed by and between City and Optionee concerning the Option Property, dated , 20 (the “Option to Purchase Agreement”). This Memorandum of Option is prepared for the purpose of recordation and shall not alter or affect in any way the rights and obligations of City and Optionee under the Option to Purchase Agreement. In the event of any inconsistency between this Memorandum and the Option Agreement, the terms of the Option to Purchase Agreement shall control. In witness whereof, the Parties have entered into this Agreement as of the Effective Date. [SIGNATURES APPEAR ON FOLLOWING PAGE] “City” CITY OF MANTECA, a municipal corporation By: Print Name: Mayor ATTEST: By: Print Name: City Clerk APPROVED AS TO FORM: By: Print Name: Counsel to the City “Optionee” GREAT WOLF RESORTS, INC., a Delaware corporation By: Print Name: Title: A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) County of ) On , before me, , a Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) EXHIBIT A TO THE MEMORANDUM OF OPTION LEGAL DESCRIPTION OF THE OPTION PROPERTY Lot 27 of that certain tentative parcel map for the Family Entertainment Zone approved by City on February 16, 2016 (the “Tentative Parcel Map”), together with that certain property identified as the Gudeli parcel (APN 241-310-34) as also shown on the Tentative Parcel Map, excepting therefrom any land needed by Caltrans to construct a new interchange at the intersection of State Highway Route 120 and XxXxxxxx Avenue. EXHIBIT D TO THE OPTION TO PURCHASE AGREEMENT FORM OF THE GRANT DEED RECORDING REQUESTED BY, AND WHEN RECORDED, RETURN TO: City of Manteca City Clerk 0000 Xxxx Xxxxxx Xxxxxx Xxxxxxx, XX 00000 APN...
Sample 1
Option to Purchase Agreement. Attachment No. 20 to the DDA, Option to Purchase Agreement (Housing), is hereby amended by deleting Recital C in its entirety and replacing it with the following: “Pursuant to that certain Disposition and Development Agreement entered into between the Agency and Optionor (as “Owner” therein) dated as of May 22, 2008, and all amendments thereto, (the “Agreement”), Optionor has agreed to construct an approximately 65 unit affordable housing complex with ground floor retail and related parking facilities (the “Project”).”
Sample 1
Option to Purchase Agreement. A duly executed and acknowledged counterpart of the Option to Purchase Agreement.
Sample 1
AutoNDA by SimpleDocs

Related to Option to Purchase Agreement

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Stock Purchase Agreement Each Purchaser understands and agrees that the conversion of the Notes into equity securities of the Company will require such Purchaser’s execution of certain agreements relating to the purchase and sale of such securities as well as any rights relating to such equity securities.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Option to Purchase Subject to Section 3.5, the Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to purchase any or all owned Bank Premises, including all Furniture, Fixtures and Equipment located on the Bank Premises. The Assuming Institution shall give written notice to the Receiver within the option period of its election to purchase or not to purchase any of the owned Bank Premises. Any purchase of such premises shall be effective as of the date of Bank Closing and such purchase shall be consummated as soon as practicable thereafter, and in no event later than the Settlement Date. If the Assuming Institution gives notice of its election not to purchase one or more of the owned Bank Premises within seven (7) days of Bank Closing, then, not withstanding any other provision of this Agreement to the contrary, the Assuming Institution shall not be liable for any of the costs or fees associated with appraisals for such Bank Premises and associated Fixtures, Furniture and Equipment.

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Amendments to Purchase Agreement 11. The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • Repurchase Agreement This Repurchase Agreement, duly executed by the parties thereto;

  • Agreement to Purchase Purchase Price Buyer acknowledges that it was the successful bidder for the Property at the Foreclosure Sale with a successful bid for the Property at the Foreclosure Sale in the amount of [ ] ($ ) (the “Purchase Price”), and agrees to purchase all of the interest in the Property from Seller in accordance with and in reliance upon the terms and conditions of this Agreement.

  • Agreement to Purchase The Mortgage Loan Seller agrees to sell, assign, transfer, set over and otherwise convey to the Purchaser, without recourse, representation or warranty, other than as set forth herein, and the Purchaser agrees to purchase from the Mortgage Loan Seller, subject to the terms and conditions set forth herein, the Mortgage Loans. The purchase and sale of the Mortgage Loans shall take place on September 28, 2012 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). As of the Cut-off Date, the Mortgage Loans will have an aggregate principal balance, after application of all payments of principal due on the Mortgage Loans on or before such date, whether or not received, of $533,807,743, subject to a variance of plus or minus 5%. The purchase price for the Mortgage Loans shall be an amount set forth on the cross receipt between the Mortgage Loan Seller and the Purchaser dated the date hereof (which price reflects no deduction for any transaction expenses for which the Mortgage Loan Seller is responsible). The Purchaser shall pay such purchase price to the Mortgage Loan Seller on the Closing Date by wire transfer in immediately available funds or by such other method as shall be mutually acceptable to the parties hereto.

  • Election to Purchase (To Be Executed Upon Exercise of Warrant) The undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, to receive [ ] Ordinary Shares and herewith tenders payment for such Ordinary Shares to the order of Kismet Acquisition Two Corp. (the “Company”) in the amount of $[ ] in accordance with the terms hereof. The undersigned requests that a certificate for such Ordinary Shares be registered in the name of [ ], whose address is [ ] and that such Ordinary Shares be delivered to [ ] whose address is [ ]. If said [ ] number of Ordinary Shares is less than all of the Ordinary Shares purchasable hereunder, the undersigned requests that a new Warrant Certificate representing the remaining balance of such Ordinary Shares be registered in the name of [ ], whose address is [ ] and that such Warrant Certificate be delivered to [ ], whose address is [ ]. In the event that the Warrant has been called for redemption by the Company pursuant to Section 6.2 of the Warrant Agreement and a holder thereof elects to exercise its Warrant pursuant to a Make-Whole Exercise, the number of Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with subsection 3.3.1(b) or Section 6.2 of the Warrant Agreement, as applicable. In the event that the Warrant is a Private Placement Warrant that is to be exercised on a “cashless” basis pursuant to subsection 3.3.1(b) of the Warrant Agreement, the number of Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with subsection 3.3.1(b) of the Warrant Agreement. In the event that the Warrant is to be exercised on a “cashless” basis pursuant to Section 7.4 of the Warrant Agreement, the number of Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with Section 7.4 of the Warrant Agreement. In the event that the Warrant may be exercised, to the extent allowed by the Warrant Agreement, through cashless exercise (i) the number of Ordinary Shares that this Warrant is exercisable for would be determined in accordance with the relevant section of the Warrant Agreement which allows for such cashless exercise and (ii) the holder hereof shall complete the following: The undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, through the cashless exercise provisions of the Warrant Agreement, to receive Ordinary Shares. If said number of shares is less than all of the Ordinary Shares purchasable hereunder (after giving effect to the cashless exercise), the undersigned requests that a new Warrant Certificate representing the remaining balance of such Ordinary Shares be registered in the name of [ ], whose address is [ ] and that such Warrant Certificate be delivered to [ ], whose address is [ ]. Date: [ ], 20 (Signature) (Address) (Tax Identification Number) Signature Guaranteed: THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED). EXHIBIT B LEGEND THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE. IN ADDITION, SUBJECT TO ANY ADDITIONAL LIMITATIONS ON TRANSFER DESCRIBED IN THE LETTER AGREEMENT BY AND AMONG KISMET ACQUISITION TWO CORP. (THE “COMPANY”), KISMET SPONSOR LIMITED AND THE OTHER PARTIES THERETO, THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD OR TRANSFERRED PRIOR TO THE DATE THAT IS THIRTY (30) DAYS AFTER THE DATE UPON WHICH THE COMPANY COMPLETES ITS INITIAL BUSINESS COMBINATION (AS DEFINED IN SECTION 3 OF THE WARRANT AGREEMENT REFERRED TO HEREIN) EXCEPT TO A PERMITTED TRANSFEREE (AS DEFINED IN SECTION 2 OF THE WARRANT AGREEMENT) WHO AGREES IN WRITING WITH THE COMPANY TO BE SUBJECT TO SUCH TRANSFER PROVISIONS. SECURITIES EVIDENCED BY THIS CERTIFICATE AND ORDINARY SHARES OF THE COMPANY ISSUED UPON EXERCISE OF SUCH SECURITIES SHALL BE ENTITLED TO REGISTRATION RIGHTS UNDER A REGISTRATION RIGHTS AGREEMENT TO BE EXECUTED BY THE COMPANY. NO. [ ] WARRANT

Time is Money Join Law Insider Premium to draft better contracts faster.