Sale of Real Property. To the extent the COMPANY owns any real property (as indicated on Schedule 5.14 and/or 5.16), the COMPANY shall have disposed of all such real property without recourse to the COMPANY or VESTCOM for any claims, including environmental claims.
Sale of Real Property. Seller agrees to sell to Buyer and Buyer agrees to buy from Seller the Real Property.
Sale of Real Property. Xxxxxx agrees to sell to Xxxxx and Xxxxx agrees to buy from Seller the Real Property.
Sale of Real Property. (a) Both parties shall take all necessary steps and execute all necessary documents to cause the real property know as to be sold by private treaty at the earliest possible date at a price to be agreed on between the parties and failing such agreement to be determined by the proper officer of the Real Estate Institute or their nominee and that the proceeds of the said sale be disbursed as follows:
Sale of Real Property. This Amendment No. 2 to Agreement For Purchase And Sale Of Real Property (the "Agreement") is made and entered into as of the 21st day of November, 2001 (the "Contract Date") by and between Macromedia, Inc., a Delaware corporation ("Seller"), and Menlo Equities Associates LLC, a California limited liability company ("Buyer").
Sale of Real Property. 63 9.17 Secretary's Certificate..........................................................................63 9.18
Sale of Real Property. During the Security Period, neither the Company nor any of the Subsidiaries shall sell, transfer, farm-out, assign or dispose of any Real Property (and any of the Collateral used in connection with the operation of such Real Property) (a “Collateral Disposition”), except in a good faith, arm’s length transaction with Persons who are not officers or directors, provided that (i) the net cash proceeds of the Collateral Disposition are immediately deposited into a Deposit Account (as defined in the Security Agreement) covered by an Account Control Agreement, or, if any of the consideration consists of Real Property or other assets, the Buyers are provided with a valid, perfected first priority security interest therein within two (2) Business of the Collateral Disposition, (ii) immediately before and immediately after giving effect to such Collateral Disposition, no Event of Default (as defined in the Notes) shall have occurred and be continuing, and, within the ninety (90) days prior to such Collateral Disposition, no event shall have occurred that, with the giving of notice or passage of time and without being cured would constitute an Event of Default (any such Collateral Disposition, a “Permitted Collateral Disposition”), and (iii) immediately before and immediately after giving effect to such Collateral Disposition, there shall not be a Financial Covenant Test Failure (as defined in the Notes), and if such Collateral Disposition had occurred as of the last day of the period covered by the most recently filed Periodic Report, there would not have been a Financial Covenant Test Failure. Upon a Permitted Collateral Disposition, the Buyers shall, and shall cause the Collateral Agent (if applicable), at the Company’s sole expense, to promptly release any Lien encumbering that portion of the Real Property and any of the Collateral used in connection with the operation of such Real Property that is sold, transferred, farmed-out, assigned, or disposed of, provided that the Company and each applicable Subsidiary shall have delivered to the Buyers or the Collateral Agent (if applicable) a written notice from the Company and each applicable Subsidiary, which notice shall contain no material non-public information, (1) requesting the release of the Liens encumbering the Real Property and Collateral to be sold, transferred, farmed-out, assigned or disposed of, (2) describing the proposed Real Property and Collateral sold, transferred, farmed-out, assigned or disposed ...
Sale of Real Property. Glasgow Land Company, L.L.C. shall be --------------------- prepared to consummate the transactions contemplated by that certain Contract of Sale of even date herewith and to convey the Real Property to Buyer simultaneously with the Closing.
Sale of Real Property. The Seller does hereby agree to sell and convey to the Buyer by a good and sufficient warranty deed the following described real estate (“Real Property”) situated in Mitchell County, Kansas, to-wit: The Northwest Quarter (NW¼) of Section Twelve (12), Township Eight (8) South, Range Six (6) West of the Sixth Principal Meridian, and the East Ten (10) Acres of the Southeast Quarter of the Northeast Quarter (SE¼NE¼) of Section Eleven (11), Township Eight (8) South, Range Six (6) West of the Sixth Principal Meridian, Mitchell County, Kansas.
Sale of Real Property. Subject to the terms and on the conditions set forth in this Agreement, Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, the Real Property. Buyer acknowledges that the sale of the Real Property expressly excludes any and all trade fixtures, equipment and other movable personal property of Seller or others located at the Real Property and used in the operation of Seller’s trade or business at the Real Property; provided, however, the Real Property to be sold to Buyer shall include all fixtures and equipment (whether affixed or not) that are related to the general operation of or otherwise appurtenant to the Real Property or Improvements (“Sold Fixtures”), but excluding items that are for the specific operation of Seller’s existing business activities that do not constitute building fixtures). Sold Fixtures shall include, by way of example and without limitation, all HVAC and A/C units and equipment, electrical generators, and all other heating, ventilation, air conditioning, electrical, plumbing and other mechanical and building systems and equipment, except with respect to extent of trade fixtures and specialty fixtures (e.g., emergency generators, special filtration / air pressure regulators, computer room supplemental air conditioning units and similar items that are not general building fixtures, with such excluded items to remain the personal property of Seller).
