Retail Sales Contracts Sample Clauses

Retail Sales Contracts. 34 4.33 Covenants, Conditions and Restrictions.................................... 34 4.34 Associations.............................................................. 34 4.35
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Retail Sales Contracts. Section 4.32 of the Seller's Disclosure Schedule lists as of the date hereof all of the retail sales agreements Seller has entered into concerning the sale and delivery of homes within the Owned Real Property (the "RETAIL SALES CONTRACTS") and the xxxxxxx money deposits made pursuant thereto. Each of the Retail Sales Contracts complies with Applicable Laws and is valid, binding and in full force and effect and is free of default. True and complete copies of the Retail Sales Contracts have been delivered to Buyer. All xxxxxxx money deposits for condominium units are held with an escrow agent pursuant to the foregoing Section 4.31, and all xxxxxxx money deposits for single family homes have been paid directly to the Seller pursuant in accordance with Applicable Laws.
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Retail Sales Contracts. Section 4.29 of the Stockholders’ Disclosure Schedule lists as of the date hereof all of the executory retail sales agreements that the Company has entered into concerning the sale and delivery of homes within the Fee Property (the “Retail Sales Contracts”) and the xxxxxxx money deposits made pursuant thereto. To the Knowledge of Stockholders, each of the Retail Sales Contracts complies with Applicable Laws and is valid, binding and in full force and effect and is free of default as to each the Company’s performance thereunder and as to the retail buyer’s obligations thereunder. A true, correct and complete copy of the Company’s representative form of retail sales contract and all riders, amendments, addenda, disclosures and attachments related thereto is attached to Section 4.29 of the Stockholders’ Disclosure Schedule. True, correct and complete copies of the Retail Sales Contracts and all riders, amendments, addenda, disclosures, attachments, selections, change orders and floor plans have been delivered to Buyer. All xxxxxxx money deposits for single family homes have been paid directly to the Company in accordance with Applicable Laws. The Company has not entered into any retail sales contracts for homes planned on the Related Party Projects or the Contract Property.
Sample 1
Retail Sales Contracts. Section 3.26 of the Seller Disclosure Letter lists as of the date hereof all of the retail sales agreements Seller has entered into concerning the sale and delivery of Housing Units within the Real Property which have not yet closed (the “Retail Sales Contracts”), the xxxxxxx money deposits made pursuant thereto, the commissions (brokerage or other) due in connection therewith, the sales price thereunder (including all upgrades, incentives, credits etc.) and the anticipated closing date thereunder. Each of the Retail Sales Contracts complies with Applicable Laws and is valid, binding and in full force and effect, is free of default and is not void, voidable or subject to cancellation or rescission (other than pursuant to the customary contingencies set forth in such Retail Sales Contracts). True and complete copies of the Retail Sales Contracts have been delivered to Buyer. All xxxxxxx money deposits received by Seller for Housing Units have been received and held by Seller in accordance with Applicable Laws and the terms of each applicable Retail Sales Contract. No reservation or other deposits have been accepted. The amount of all such xxxxxxx money deposits has been fully reflected as a liability on the Seller’s balance sheet, and will be included as a liability in the calculation of Equity Value. No Retail Sales Contract requires consent of the applicable buyer under such Retail Sales Contract in order to transfer such Retail Sales Contract (or any deposit under such Retail Sales Contract) to Buyer in accordance with the terms of such Retail Sales Contract.
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Retail Sales Contracts. Section 3.27 of the Seller Disclosure Letter lists as of the date hereof all of the retail sales agreements Seller has entered into concerning the sale and delivery of Housing Units within the Real Property which have not yet closed (the “Retail Sales Contracts”), the xxxxxxx money deposits made pursuant thereto, the brokerage commissions due in connection therewith, the sales price thereunder (including all upgrades, incentives, credits etc.) and the anticipated closing date thereunder. Each of the Retail Sales Contracts has been validly assigned to Retail Sales Subsidiary, complies with Applicable Laws and is valid, binding and in full force and effect and is free of default. True and complete copies of the Retail Sales Contracts have been delivered to Buyer in electronic form. All xxxxxxx money deposits received by Seller for Housing Units are held by Seller and have been received and held in accordance with Applicable Laws and the terms of each applicable Retail Sales Contract. No reservation or other deposits have been accepted. Seller’s rights in and to the escrow account holding the foregoing deposits and the Retail Sales Contracts are being hereby assigned to Buyer. No consent of any third party was or is required in connection with the assignment of the Retail Sales Contracts to Retail Sales Subsidiary or the acquisition by Buyer of Retail Sales Subsidiary.
Sample 1

Related to Retail Sales Contracts

  • Sales contract 24. Tax receipts, insurance premium receipts, ledger sheets, payment history from date of origination, insurance claim files, correspondence, current and historical computerized data files, and all other processing, underwriting and closing papers and records which are customarily contained in a mortgage loan file and which are required to document the Mortgage Loan or to service the Mortgage Loan.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • Sales and Lease-Backs No Credit Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly, become or remain liable as lessee or as a guarantor or other surety with respect to any lease of any property (whether real, personal or mixed), whether now owned or hereafter acquired, which such Credit Party (a) has sold or transferred or is to sell or to transfer to any other Person (other than Holdings or any of its Subsidiaries), or (b) intends to use for substantially the same purpose as any other property which has been or is to be sold or transferred by such Credit Party to any Person (other than Holdings or any of its Subsidiaries) in connection with such lease.

  • Accounts Receivable; Inventories The accounts and notes receivable which are reflected on the Final Closing Balance Sheet are good and collectible in the ordinary course of business at the aggregate recorded amounts thereof, less the amount of the allowance for doubtful accounts reflected thereon, and are not subject to offsets. The accounts and notes receivable of the Company which were thereafter added and which will be reflected on the Final Closing Balance Sheet are good and collectible in the ordinary course of business at the aggregate amounts recorded in its books of account, less the amount of the allowance for doubtful accounts reflected thereon (which allowance was established on a basis consistent with prior practice), and are not subject to offsets. The inventories reflected on the Audited and Unaudited Balance Sheets, and thereafter added, as reflected on the Closing Date Balance Sheet, consist of items of a quality and quantity usable or saleable within one year (except as set forth on Schedule 5.7) in the ordinary course of business, except for obsolete materials, slow-moving items, materials of below standard quality and not readily marketable items, all of which have been written down to net realizable value or adequately reserved against on the books and records of the Company. To the extent there is inventory not listed on Schedule 5.7 of a quality and quantity not usable or saleable in the ordinary course of business within one year, in lieu of a claim for indemnification, Buyer shall sell and the Selling Shareholders shall purchase such items of inventory at the value carried on the Final Closing Balance Sheet. All inventories not written off are stated at the lower of cost or market.

  • Management Contracts Borrower shall not enter into, modify, amend, terminate or cancel any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender.

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • Futures Contracts Upon receipt of Instructions, the Custodian shall enter into a futures margin procedural agreement among the appropriate Fund, the Custodian and the designated futures commission merchant (a "Procedural Agreement"). Under the Procedural Agreement the Custodian shall: (a) receive and retain confirmations, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by such Fund; (b) deposit and maintain in a segregated account cash, Securities and/or other Assets designated as initial, maintenance or variation "margin" deposits intended to secure such Fund's performance of its obligations under any futures contracts purchased or sold, or any options on futures contracts written by such Fund, in accordance with the provisions of any Procedural Agreement designed to comply with the provisions of the Commodity Futures Trading Commission and/or any commodity exchange or contract market (such as the Chicago Board of Trade), or any similar organization(s), regarding such margin deposits; and (c) release Assets from and/or transfer Assets into such margin accounts only in accordance with any such Procedural Agreements. The appropriate Fund and such futures commission merchant shall be responsible for determining the type and amount of Assets held in the segregated account or paid to the broker-dealer in compliance with applicable margin maintenance requirements and the performance of any futures contract or option on a futures contract in accordance with its terms.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • Inventory Management Marketer will be responsible for monitoring future ethanol stock levels projected for Owner's plant to facilitate the marketing program established by Marketer.

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

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