Restricted Sales definition
Examples of Restricted Sales in a sentence
If an appraisal is required to establish the Restricted Sales Price, City shall have an additional 30 days to complete the appraisal and close escrow.
Not later than 90 days after the notice is given in accordance with Section 23 below to exercise its option pursuant to this Section, City shall purchase the Property at the Restricted Sales Price.
If Owner transfers the Residence in a transaction that meets the Eligible Transfer requirements in Section 11, the maximum amount that Owner may receive for the Transfer shall be the Restricted Sales Price and the transfer shall comply with the requirements in Section 11.
A Transfer of the Property to an Eligible Purchaser, which complies with the procedures in paragraph C of this Section, for an amount that does not exceed the Restricted Sales Price determined in accordance with Section 9, shall qualify as an “Eligible Transfer”.
All of our field technicians are available 24 hours a day, 7 days a week, so we are able to cover early morning, late day, and weekend work with qualified, properly certified technicians.
The Indenture imposes certain limitations on, among other things, the ability of the Company to: Incur Indebtedness, make Restricted Payments, Incur Liens, make Restricted Sales, make equity issuances, enter into transactions with Affiliates, or consolidate or merge or transfer or convey all or substantially all of the Company’s assets.
Within ninety (90) days of the date of the Exercise Notice, City shall purchase the Residence at the lesser of: (i) the Fair Market Value of the Residence, or (ii) Restricted Sales Price calculated pursuant to Section 12 (“Exercise Price”).
Table of Attachments No Name 1 List of Items, Pricing Mechanism, and Lead Times 2 Payment Term Transition Period 3 Restricted Sales or Uses 4 Order Adjustments [***] Information has been omitted and filed separately with the Securities and Exchange Commission.
In that event, City shall purchase the Property within 90 days of the date it receives the notice specified in Section 6 above, at the Restricted Sales Price calculated pursuant to the formula set out in Section 9.
Owner hereby grants to City the right of first refusal (“Right of First Refusal”) to purchase the Property in the event Owner proposes a Transfer, for an amount equal to the Restricted Sales Price calculated pursuant to Section 9 of this Agreement, in accordance with paragraph B of this Section.