The Buyer acknowledges Clause Examples

The Buyer acknowledges. (a) The Seller will be allowed to carry out all Works as required by it to complete the Development; (b) The Seller shall, at the Seller’s cost, facilitate the carrying out of the Works for the Development. (c) The Seller may change, upgrade, temporarily interrupt, vary, redirect and otherwise do all things it requires to construct Utility Infrastructure for the Development. (d) The Buyer will not Object to the Seller conducting sales activities from the Estate to facilitate the sale of all lots in the Development including but not limited to maintaining: DRAFT (i) a sales display; (ii) display units; (iii) sales signage, flags and ▇▇▇▇▇▇▇; (iv) hoardings; (v) fencing with promotional signage; (vi) netting and screening with promotional materials; and (vii) licensing a display village to building operators. (e) The Buyer shall, at the Seller’s cost, sign all documents required by the Seller to facilitate the Development, including but not limited to easements, covenants, consents, letters of support, development applications and submissions.
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The Buyer acknowledges. (a) the Body Corporate will own and maintain any private internal fire main and fire hydrant(s) servicing the Scheme and be responsible for the water charges payable to the local water authority in respect of the private main and hydrant(s) and the on-going maintenance thereof in accordance with the terms of the Development Approval; (b) The Body Corporate will maintain at the Body Corporate’s cost the certified Water Quality Maintenance Plan and the stormwater treatment strategy as required under the terms of the Development Approval; and the Buyer will raise no Objection in this regard.
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The Buyer acknowledges. (a) the Body Corporate will own and maintain any private internal fire main and fire hydrant(s) servicing the Scheme and be responsible for the water charges payable to the local water authority in respect of the private main and hydrant(s) and the on-going maintenance thereof in accordance with the terms of the Development Approval; (b) the Body Corporate will be subject to an environmental covenant (Covenant A) with the Brisbane City Council in accordance with section 97A of the Land Title Act as required under the Development Approval regarding the Body Corporate’s responsibilities, liabilities, measures, remedies and intents to ensure the management of the identified vegetation and ecological features on Covenant A with respect to : (i) Maintenance of vegetation and ecological features including (if applicable): (1) retention of vegetation and tree hollows; (2) maintenance of nesting boxes; (3) ongoing weed control; (4) rehabilitation in accordance with an approved rehabilitation plan for the Scheme. (ii) Maintenance of fauna movement fences where identified within any approved rehabilitation plan under the Development Approval; (iii) Exclusion from the covenant area of all buildings and structures (including swimming pools, tennis courts, retaining walls), open space, all associated facilities, landscaping, on-site stormwater infrastructure, on-site wastewater treatment, all areas of disturbance (including excavation and filling), on-site parking, access and manoeuvring areas other than a perimeter fence for the Scheme , unless otherwise specified in the Development Approval or subsequent approvals from Council. (c) The Body Corporate will maintain at the Body Corporate’s cost the certified Water Quality Maintenance Plan and the stormwater treatment strategy as required under the terms of the Development Approval; (d) the Body Corporate and the Lot Owners indemnify Brisbane City Council Waste Services and it’s agents in respect of any damage to the pavement and other driving surfaces caused by refuse collection vehicles entering the Scheme ; and (e) the development of the Scheme has been approved on the basis that this indemnity is provided for refuse collection vehicles to enter the Scheme. and the Buyer will raise no Objection in this regard.
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Related to The Buyer acknowledges

  • Other Acknowledgments Seller acknowledges, unless otherwise stated in this Agreement or other written statement, that the Seller is unaware of the following: I. Any type of default that has been recorded against the Property; II. Any type of financial delinquency which used the Property as security; III. Any type of bankruptcy or insolvency involving the Seller or affecting the Property; and IV. Any type of mediation, arbitration, litigation, or any proceeding where an institution, public or private, has action pending against the Property which includes the Seller’s ability to sell the Property. ▇▇▇▇▇▇ agrees to notify the Agency immediately if any of the aforementioned issues should arise during the Listing Period.

  • Representations and Warranties by Purchaser The Purchaser represents and warrants to the Seller that:

  • Trust Account Waiver Acknowledgments The Company hereby agrees that it will use its reasonable best efforts prior to commencing its due diligence investigation of any prospective Target Business or obtaining the services of any vendor to have such Target Business and/or vendor acknowledge in writing whether through a letter of intent, memorandum of understanding or other similar document (and subsequently acknowledges the same in any definitive document replacing any of the foregoing), that (a) it has read the Prospectus and understands that the Company has established the Trust Account, initially in an amount of $200,000,000 (without giving effect to any exercise of the Over-allotment Option) for the benefit of the Public Stockholders and that, except for a portion of the interest earned on the amounts held in the Trust Account, the Company may disburse monies from the Trust Account only (i) to the Public Stockholders in the event they elect to redeem shares of Common Stock contained in the Public Securities in connection with the consummation of a Business Combination, (ii) to the Public Stockholders if the Company fails to consummate a Business Combination within the time period set forth in the Charter Documents, or (iii) to the Company after or concurrently with the consummation of a Business Combination and (b) for and in consideration of the Company (i) agreeing to evaluate such Target Business for purposes of consummating a Business Combination with it or (ii) agreeing to engage the services of the vendor, as the case may be, such Target Business or vendor agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Account (“Claim”) and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever. The foregoing letters shall substantially be in the form attached hereto as Exhibits A and B respectively. The Company may forego obtaining such waivers only if the Company shall have received the approval of its Chief Executive Officer and the approving vote of at least a majority of its Board of Directors.

  • REPRESENTATIONS AND WARRANTIES OF SELLER AND PURCHASER Seller and Purchaser hereby represent and warrant that there has been no act or omission by Seller, Purchaser or the Corporation which would give rise to any valid claim against any of the parties hereto for a brokerage commission, finder's fee, or other like payment in connection with the transactions contemplated hereby.

  • Trust Fund Waiver Acknowledgment The Company hereby agrees that it will not commence its due diligence investigation of any operating business which the Company seeks to acquire ("Target Business") or obtain the services of any vendor unless and until such Target Business or vendor acknowledges in writing, whether through a letter of intent, memorandum of understanding or other similar document (and subsequently acknowledges the same in any definitive document replacing any of the foregoing), that (a) it has read the Prospectus and understands that the Company has established the Trust Fund, initially in an amount of $20,640,000 for the benefit of the public stockholders and that the Company may disburse monies from the Trust Fund only (i) to the public stockholders in the event they elect to convert their IPO Shares (as defined below in Section 8.8) and the liquidation of the Company or (ii) to the Company after, or concurrently with, the consummation of a Business Combination and (b) for and in consideration of the Company (1) agreeing to evaluate such Target Business for purposes of consummating a Business Combination with it or (2) agreeing to engage the services of the vendor, as the case may be, such Target Business or vendor agrees that it does not have any right, title, interest or claim of any kind in or to any monies in the Trust Fund ("Claim") and waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.