Purchase or exchange Sample Clauses
The 'Purchase or exchange' clause defines the terms under which one party may acquire goods, services, or assets from another party, either through a direct purchase or by exchanging something of value. This clause typically outlines what items or services are involved, the conditions for the transaction, and any requirements for the exchange, such as timing, delivery, or valuation methods. Its core function is to establish clear rules for how transactions are conducted, thereby reducing misunderstandings and ensuring both parties are aware of their rights and obligations in the exchange process.
Purchase or exchange. $ or 3 % (select only one); or $ or % plus $ (select only one) of the total pur chase price or other consideration for the acquired property, to be paid at closing.
Purchase or exchange. REALTOR® fees are paid according to either subsection (A) (B) or (C).
A. For the purchase or exchange of property subject to a listing contract held by another Broker / REALTOR®, Buyer’s Broker/REALTOR® to be paid a fee equal to the commission as outlined in the MLS or a minimum commission to Buyer’s Broker/REALTOR. $
B. For the purchase or exchange of property not subject to a listing contract, a fee equal to 3% of the purchase or exchange price to be paid to Buyer’s Broker/REALTOR®
C. Other:
Purchase or exchange. $25,000 US Dollars or twelve percent (12%) , whichever is greater, of the first million dollars of purchase price and ten percent (10%) on any portion of the next million dollars of purchase price and eight percent (8%) on the remaining dollars of purchase price or other considerations needed to acquire the Real Property, Business Assets, or Corporate Shares and this sum is to be paid to Broker at Broker’s discretion by the closing agent, escrow agent, or closing attorney at Closing.
Purchase or exchange. Buyer will pay REALTOR® a fee according to either subsection (1) or (2) below as follows:
1. If at the time Buyer contracts to purchase or exchange such property, subject to a listing contract held by other than the REALTOR® herein, a fee equal to the greater of $ or % of the purchase or exchange price.
2. If at the time Buyer contracts to purchase or exchange property not subject to a listing contract, a fee equal to the greater of $ or % of the purchase or exchange price. ▇▇▇▇▇ agrees to pay REALTOR® the applicable fee as set forth in this section if Buyer, or any other person acting for the buyer or on ▇▇▇▇▇'s behalf, purchase or exchanges any real property of the nature described herein. If a Contract to Purchase between Buyer and a Seller fails to close because of any fault on the part of Buyer, compensation of REALTOR® will not be waived, but will be due and payable immediately.
Purchase or exchange. City has not made to ▇▇▇▇▇ Power, and ▇▇▇▇▇ Power has not made to City, any warranty, certification, or representation, express or implied, written or oral, statutory or otherwise, concerning Parcel 1 or Parcel 2. Without limiting the generality of the foregoing, City has not made to ▇▇▇▇▇ Power, and ▇▇▇▇▇ Power has not made to City, any warranty, certification, or representation related to: (i) the condition of title to the Parcel 1 or Parcel 2 (except as set forth in the Quitclaim Deeds); (ii) the nature, physical condition or any other aspect of the Properties; (iii) the existence of Hazardous Materials in, on, about, around, under or affecting Parcel 1 or Parcel 2; (iv) the compliance of Parcel 1 or Parcel 2 with any federal, state or local laws, ordinances, statutes, rules, codes or regulations (including, without limitation, any environmental laws, building codes, or zoning codes), (v) the size, dimensions or square footage of Parcel 1 or Parcel 2, (vi) the fitness of Parcel 1 or Parcel 2 for any particular purpose (including without limitation the current use thereof); (vii) any economic feasibility of Parcel 1 or Parcel 2, or (viii) any development rights or permits (or lack thereof) associated with Parcel 1 or Parcel 2. The absence of warranties, certifications, or representations about each Property is acknowledged by City and ▇▇▇▇▇ Power.
Purchase or exchange. $ --------------------------- or -------- % (select only one); or $_ or 3 % plus __________________ $_335.00 (select only one) of the total purchase price or other consideration for the acquired property, payable ______ _____________ ----------------------- no later than the date of closing specified in the sales contract; however, closing is not a prerequisite for ▇▇▇▇▇▇'s fee being earned. ________________
Purchase or exchange of the total purchase price or other consideration for the acquired property, to be paid at closing.
Purchase or exchange. $ or % (select only one); or $ or % plus $ (select only one) of the total purchase price or other consideration for the acquired property, to be paid at closing.