Property to be Purchased Sample Clauses

Property to be Purchased. 201. In consideration of Ten Dollars ($10.00) cash in hand paid by Purchaser to Seller, the receipt and sufficiency of which are hereby acknowledged, Seller agrees to sell to Purchaser and Purchaser agrees to purchase from Seller, on the terms and conditions hereinafter set forth, that certain parcel(s) of land (the "Land") owned by Seller as identified and particularly described in Exhibit "A", attached hereto and incorporated herein by this reference, together with the following property: (a) all buildings, structures and other improvements located on the Land, and all fixtures and appurtenances thereto, (herein collectively called the "Improvements"); (b) all appliances and installed equipment owned by Seller, located at, on or in the Improvements or Land listed in Exhibit "B" attached hereto and incorporated herein by this reference (herein collectively called the "Equipment"); (c) any portion of the Land lying in the right-of-way of any alley, passageway, street, road, highway or avenue, proposed, open, or closed, adjoining all or any part of the Land and in any and all strips, gores and rights-of-way; (d) all riparian rights, hereditament, easements and other rights, privileges and immunities appurtenant to the Land; (e) all leases, rents and profits accruing with respect to the Land's Improvements and Equipment after the Closing; and (f) all of the Seller's right, title and interest in all transferable (to the extent, if any, such rights are transferable) intangible property of every nature whatsoever pertaining to the Land and Improvements, including without limitation, all the Service Agreements, licenses, permits, escrow deposits, contract rights, instruments, claims, chooses in action, building and property names and signs, property phone numbers, booklets, manuals and transferable utility contracts, but excluding all cash, bank accounts, utility deposits, and other revenues and income accruing prior to Closing. All of the foregoing real and personal property is hereinafter collectively called the "Property".
AutoNDA by SimpleDocs
Property to be Purchased. On the terms and subject to the conditions contained herein, Seller agrees to sell and Buyer agrees to purchase the following described condominium unit located in Teton County, Wyoming, which condominium unit, when platted, will be located within Lot 2 of the Westview Addition to the Town of Jackson, Wyoming according to that plat recorded in the Office of the Teton County, Wyoming Clerk on April 7, 2020 as Plat No. 1411: Unit of the Westview Condominium Addition to the Town of Jackson, Wyoming, as described on Exhibit B attached hereto and incorporated herein, to be shown on the Final Plat of the Westview Condominium Addition to the Town of Xxxxxxx to be filed in the Office of the Teton County, Wyoming Clerk (“Plat”), and described in the Declaration of Condominium of Westview Condominium Addition to the Town of Xxxxxxx to be recorded contemporaneously with the Plat and all supplements and amendments thereto (“Declaration”), and such descriptions will be construed to describe the unit, together with all interests appurtenant thereto, including the appurtenant undivided interest in the Common Elements, as defined in the Declaration (together, the “Unit”). Buyer and Seller agree that, if necessary, they will amend the legal description of the Unit in this Contract prior to Closing once the Plat and Declaration are recorded in the Office of the Teton County, Wyoming Clerk.
Property to be Purchased. Any modifications to the size of the Property from that which is stated above in the Recitals (i.e., 34.3 acres) shall result in a proportional change to the Purchase Price.
Property to be Purchased. Subject to the terms and conditions contained in this Agreement, Purchaser shall purchase from Seller and Seller shall sell to Purchaser all of the following assets and property of Seller related to the Business (the "Assets"):
Property to be Purchased. Subject to and in accordance with the terms of this Agreement, City agrees to sell the Property to Purchaser, and Purchaser agrees to purchase the Property from City.
Property to be Purchased. Seller hereby agrees to sell and convey to Xxxxx, and Xxxxx agrees to purchase from Seller, subject to the terms and conditions set forth herein, the following:
Property to be Purchased. Subject to compliance with the terms and conditions of this Agreement, Seller shall sell and convey to Purchaser and Purchaser shall purchase from Seller real property located at 0000 Xxxxxxxxxx Xxxxxx in the City of Xx. Xxxx, County of Xxxxxx, State of Minnesota, and legally described on Exhibit A attached hereto, together with the building located thereon and all fixtures, improvements, easements, tenements, hereditaments, and appurtenances belonging thereto, subject to Permitted Exceptions as defined in Section 3 and excluding minerals and mineral rights, if any (the “Property”). Any personal property located on the Property that is not removed by Seller before the Closing (as defined in Section 9) shall also be deemed to be included in the sale of the of the Property. Purchaser’s purchase of the Property shall also include the assignment all of Seller’s right, title, and interest in, and the assumption on the behalf of Purchaser of, all of Seller’s obligations in that certain Ground Lease dated July 31, 2002 between Emerald Street LLC and the University, as supplemented by that certain letter dated January 29, 2005 (“Parking Lease”), providing rights to use 37 parking stalls located at 000 Xxxxx Xxxxxx with a term expiring July 30, 2032, pursuant to the Assignment and Assumption Agreement attached hereto as Exhibit B (the “Parking Assignment”) as of the date of the Closing, as defined below.
AutoNDA by SimpleDocs
Property to be Purchased. It is understood and agreed by and between Buyer and Seller that the Buyer is purchasing 30 acres of an approximate 50-acre parcel owned by the Seller. The 30 acres being purchased is marked in red on the attached Exhibit "1." The remaining approximate 20 acres is marked in blue.
Property to be Purchased. The Property to be purchased is fee simple interest in the Properties subject to the Acceptable Title Exceptions, the Cxxxxx Deed of Trust, and the Assumed Liabilities (as defined below). By separate assignment in the form of Exhibit H attached hereto, Seller shall assign to Purchaser all assignable rights, permits, licenses, approvals and entitlements under the PUD and otherwise. Such assignment will also assign Seller's rights as Declarant under the Declarations and Purchaser will assume Seller's obligations as Declarant (as defined below).
Property to be Purchased. Seller agrees to sell and Buyer agrees to purchase, upon the terms and conditions and subject to the contingencies hereinafter set forth, the real property, and all other rights, privileges, easements, licenses and appurtenances, thereunto belonging, owned by Seller consisting of the following described property: NON-AG SEC 33- 01010001. Said property to be surveyed from the U.S. Hwy 59 right of way to the easterly boundary defined as an existing metal fence. Southerly boundary is defined, norther boundary to be defined as the middle of gate and chain link fence and gravel roadway. Said property shall be legal described on Exhibit A and visually depicted on Exhibit B attached hereto (the “property”).
Time is Money Join Law Insider Premium to draft better contracts faster.