Other Terms of Sale Pursuant to Put Option Sample Clauses

Other Terms of Sale Pursuant to Put Option. The purchase and sale of the Put Option Property shall be consummated within thirty (30) days after the giving of the Put Option Exercise Notice(s). Landmark and Xxxxxx agree to accept title to the Put Option Property pursuant to a special warranty deed from Buyer (i.e. subject to the same title exceptions as contained in the Deed and further subject to the any easements or other encumbrances created by the taking of the Taking Parcels). Landmark and Xxxxxx further agree to accept the Put Option Property in its current physical condition, and if applicable, subject to such additional physical matters arising after the Closing Date provided such additional matters do not materially adversely affect the value of the Put Option Property. The closing costs relating to the consummation of the Put Option(s) and the allocation thereof among the Buyer (as seller), and Landmark and Xxxxxx (as buyers) shall be the same as set forth in Section 7.1; provided, however, Buyer shall not be obligated to furnish a survey of the Put Option Property. The income and expenses of the Put Option Property will be prorated as of the closing date of the consummation of the Put Option and the Put Option Purchase Price will be adjusted on the same basis as set forth in Section 7.2 above.
Sample 1
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Other Terms of Sale Pursuant to Put Option. The purchase and sale of the Put Option Property shall be consummated within thirty (30) days after the giving of the Put Option Exercise Notice(s). Landmark and Xxxxxx agree to accept title to the Put Option Property pursuant to a special warranty deed from Buyer (i.e. subject to the same title exceptions as contained in the Deed). Landmark and Xxxxxx further agree to accept the Put Option Property in its current physical condition, and if applicable, subject to such additional physical matters arising after the Closing Date provided such additional matters do not materially adversely affect the value of the Put Option Property. The closing costs relating to the consummation of the Put Option(s) and the allocation thereof among the Buyer (as seller), and Landmark and Xxxxxx (as buyers) shall be the same as set forth in Section 7.1; provided, however, Buyer shall not be obligated to furnish a survey of the Put Option Property. The income and expenses of the Put Option Property will be prorated as of the closing date of the consummation of the Put Option and the Put Option Purchase Price will be adjusted on the same basis as set forth in Section 7.2 above.
Sample 1

Related to Other Terms of Sale Pursuant to Put Option

  • Agreement to Sell and to Purchase Subject to and in accordance with the terms, conditions and provisions hereof, Seller agrees to sell the Property to Buyer, and Buyer agrees to purchase the Property from Seller.

  • Terms and Conditions of Sale As defined in Section 3.14(b). Terminal – A point-of-transaction terminal that conforms with the requirements established from time to time by Servicer and the applicable Card Association capable of (i) reading the account number encoded on the magnetic stripe, (ii) comparing the last four digits of the encoded account number to the manually key-entered last four digits of the embossed account number, and (iii) transmitting the full, unaltered contents of the magnetic stripe in the Authorization message. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

  • 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 29, 2014 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 $67,614,088, 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 Closing Date (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.

  • Conditions to Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Securities at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions, provided that these conditions may be waived by the Purchaser at any time in its sole discretion:

  • CONDITIONS TO PURCHASE The obligations of the Purchaser to purchase any Mortgage Loans on any Closing Date are subject to the satisfaction, as applicable, prior to or on the Initial Closing Date and on such Closing Date (or on such other date as expressly provided for herein) of the following conditions, any of which may be waived in writing by Purchaser:

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

  • Terms and Conditions of Sales Shares shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration or for which appropriate notice filings have been made, and only to those groups of people which the Board may from time to time determine to be eligible to purchase such shares.

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

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

  • CONDITIONS TO BUYER'S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Debenture and Warrants at each Closing is subject to the satisfaction, at or before the Closing Date, of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

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