Bona fide purchaser definition

Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.
Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.
Bona fide purchaser means a person or entity that has

Examples of Bona fide purchaser in a sentence

  • Bona fide purchaser A disposition of the vehicle by the Obligor to a bona fide private purchaser without notice of the Financing Contract will transfer to the purchaser VWFS' title to the vehicle.

  • Bona fide purchaser for value" means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.

  • Bona fide purchaser" means a purchaser for value in good faith and without notice or actual knowledge of an adverse claim, or a person who receives a payment or other item of property in partial or full satisfaction of a legally enforceable obligation in good faith without notice of an adverse claim.

  • Bona fide purchaser The term "bona fide purchaser" means a purchaser for value in good faith and without notice of any adverse claim, and who acquires the security property free of any adverse claim.

  • Bona fide purchaser The purchaser of property under this chapter shall be presumed to be a bona fide purchaser.


More Definitions of Bona fide purchaser

Bona fide purchaser means a purchaser of property for value who has acted in the transaction in
Bona fide purchaser means any Person (other than a selling Stockholder's Affiliate) who or which has delivered a good faith written offer to purchase such Stockholder's Stock for cash or Marketable Securities provided, however, that, such Person has the requisite financial resources necessary, in the reasonable opinion of the Board, to purchase and acquire such Stockholder's Stock.
Bona fide purchaser means a purchaser for value in good faith and without notice of an adverse claim, including but not limited to an automatic lien arising pursuant to this subsection (1.5).
Bona fide purchaser as used herein, shall mean a third-party independent purchaser, not an Affiliate of Lessee, who pays valuable consideration in good faith in an arms’-length transaction without intending to take or inadvertently taking unfair advantage of COLT or Lessee. The term “Affiliate” shall include any person, company, or entity, together with their principals, employees, , contractors, agents and/or assigns, who own or control twenty-five percent (25%) or more of the ownership interest of one another, and shall include the parent or subsidiary of Lessee, or the subsidiary of Lessee’s parent, whether or not wholly owned.
Bona fide purchaser means any Person (other than a Selling Stockholder's Affiliates) who or which has delivered a good faith written offer to purchase all or any portion of such Stockholder's Shares.
Bona fide purchaser means any person who purchases a mortgage in good faith and for valuable consideration and who does not know or have reasonable cause to believe that the lender or any agent of the lender engaged in mortgage lending fraud in violation of this section.
Bona fide purchaser means, with respect to a proposed Transfer of Equity Securities, any transferee of Equity Securities who or which (a) is not an Affiliate of the Investor Stockholders and (b) has delivered a good faith written offer to purchase Equity Securities.