Purchase and Sale of the Property Sample Clauses

Purchase and Sale of the Property. On the terms and conditions herein set forth, Seller shall sell to Buyer, and Buyer shall purchase from Seller, the Property.

Purchase and Sale of the Property. Seller agrees to sell, assign, convey, and transfer to Buyer all of Seller's right, title and interest in and to the following real and personal property described in subsections (a) through (g) below (collectively referred to herein as the "Property"), and Buyer hereby agrees to purchase and accept the Property, and assume the obligations in connection therewith, subject to and in accordance with the terms and conditions contained in this Agreement:

Purchase and Sale of the Property. Subject to the terms of this Agreement, Seller agrees to sell, or Seller shall cause Seller’s respective Affiliate to sell, to Buyer the Property for the Purchase Price set forth above. Seller agrees that it shall cause its Affiliates to perform all of the obligations of “Seller” hereunder with respect to the Property or Properties owned by such Affiliate as set forth on Exhibit A1 provided that this shall not release Seller from the obligations of the “Seller” under this Agreement.

Purchase and Sale of the Property. The Port shall sell and convey to the City, and the City shall purchase from the Port, subject to the terms and conditions set forth below: (i) all of the Port’s right, title and interest in and to the Property, as defined in Recital G above and including the real property, all Improvements, and all other rights, privileges and easements appurtenant to the Property; and (ii) all of the Port’s right, title and interest in and to all Third Party Leases, Licenses and Contracts, as defined in Section 9.1 below, associated with the Property as of the date of closing.

Purchase and Sale of the Property. Seller agrees to sell the Properties to Purchaser, and Purchaser agrees to purchase the Properties from Seller, on the terms and conditions set forth in this Agreement. The Properties consists of: (a) All of the land described in Exhibit A attached hereto (the "Land") and all easements, rights and interests appurtenant thereto, if any; (b) All of the improvements and fixtures (which excludes the inventory, display cases, equipment, furniture, fixtures and equipment ("FF&E") and other personal property of Seller, but includes, without limitation, all fire and safety systems and other fixtures and equipment as part of the improvements that are necessary to operate the improvements in accordance with applicable law as building structures) currently situated on the Land (the "Improvements"); and (c) All of Seller's rights in all of the following intangible property now or hereafter existing with respect to the Property (the "Intangible Property"); provided, however, the Intangible Property and all payments and proceeds derived therefrom may be retained and used by Seller so long as the Lease (defined below) remains in effect: (1) All plans and specifications, all building permits and other permits required in connection with the construction of the Improvements and all warranties, guaranties and sureties now or hereafter received in connection with the construction of the Improvements, if any, including, without limitation, all rights of Seller under any plans, specifications, drawings and permits and all architectural, engineering or construction contracts with respect to the Improvements and all additions and alterations thereto; (2) All licenses, permits, approvals and certificates of occupancy relating to the zoning, land use, ownership, operation, occupancy, construction or maintenance of the Improvements running to or in favor of the Seller or the Improvements, and all deposits to governmental authorities relating to the Seller or the Improvements; (3) All service and maintenance contracts and equipment leases in connection with or used by the Seller (if any) in the operation of the Improvements for any lawful use (as opposed to Seller's particular use in its business) and which are accepted by Purchaser; and (4) All accounts, books, records, studies, documents, tests, surveys, assessments, audits, appraisals, contracts, contract rights, claims and warranties related to the Property, but excluding any of the foregoing which relate to Seller's 3 business ...

Purchase and Sale of the Property. On the Closing Date and subject to the terms and conditions of this Agreement, Prefco shall sell, assign and convey, and Purchaser or its assignee shall purchase, the Property on the terms and conditions provided in this Agreement.

Purchase and Sale of the Property. Subject to the terms, provisions and conditions set forth herein, Seller hereby agrees to sell and convey title to the Property to Buyer, and ▇▇▇▇▇ hereby agrees to purchase and acquire title to the Property from Seller.

Purchase and Sale of the Property. Seller hereby agrees to assign, transfer, convey and sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, upon the terms and conditions set forth in this Agreement, all of Seller's respective right, title and interest in and to those certain thirty (30) motel/hotels commonly known respectively by the street addresses set forth on Exhibit "B" attached hereto and made a part hereof and as more particularly described below (hereinafter referred to, collectively, as the "Property"). As used herein, the term "

Purchase and Sale of the Property. Subject to the terms and conditions herein, Buyer agrees to purchase and Seller agrees to sell the Property at Closing. In addition to the real property described herein, the Property shall include all rights, title, interest, benefits, and income appurtenant or attributable thereto, including all Seller’s rights and interest, if any, to roads, rights of way, and easements adjacent or belonging thereto, and all buildings, fixtures, and other improvements of every kind and description on or at such real property in their present condition.