Common use of Terms of Transfer Clause in Contracts

Terms of Transfer. If an Offer made pursuant to subsection (a) or (b) of this Section 1 is accepted, the terms of purchase and sale to Association or Declarant or any other purchaser permitted herein, as the case may be, shall be as follows: The purchase price shall be the value of the Condominium as determined under Section 3 of this Article XIV (the "Section 3 Price"). If sale is to the Association or Declarant, the closing of any such sale shall occur not less than 30 days nor more than 90 days from date of acceptance of Owner’s Offer or as mutually agreed. Proceeds of the purchase price due to Owner shall be applied as follows:

Appears in 3 contracts

Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement

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Terms of Transfer. If an Offer made pursuant to subsection (a) or (b) of this Section 1 is accepted, the terms of purchase and sale to Association or Declarant or any other purchaser permitted herein, as the case may be, shall be as follows: The purchase price shall be the value of the Condominium as determined under Section 3 of this Article XIV (the "Section 3 Price"). If sale is to the Association or Declarant, the closing of any such sale shall occur not less than 30 days nor more than 90 days from date of acceptance of Owner’s 's Offer or as mutually agreed. Proceeds of the purchase price due to Owner shall be applied as follows:

Appears in 3 contracts

Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement

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