Examples of Sub-Purchaser in a sentence
However, you are required to input the Tax Reference Number of the Purchaser(s) on whose behalf the fiduciary is acting.4.5 Sub-PurchaserIf a conveyance or transfer has not been executed in favour of the Original Purchaser and the property is being conveyed from the Original Vendor to the Sub-Purchaser, Section 46 of the SDCA may apply.
Where the same advocate acts for the Vendor, the Purchaser and the Sub-Purchaser in the same transaction, he shall charge one-quarter of the scale as the Vendor’s advocate (on the sale consideration), three-quarters of the scale as the Purchaser’s advocate (on the purchase consideration), three-quarters of the scale as the Sub- Purchaser’s advocate (on the sub-purchase consideration).
Where the same advocate is acting on behalf of the Purchaser and the Sub-Purchaser but not on behalf of the Vendor, he shall charge three-quarters of the scale as the Purchaser’s advocate (on the purchase consideration) and three-quarters of the scale as the Sub-Purchaser’s advocate (on the sub-purchase consideration).
Where the same advocate is acting on behalf of the Vendor and the Purchaser but not on behalf of the Sub-Purchaser in a sale, purchase and sub-purchase, he shall charge one-quarter of the scale as the Vendor’s advocate (on the scale consideration) and one and one-quarter of the scale as the Purchaser’s advocate (being the full scale on the purchase consideration and one-quarter of the scale on the sub-sale consideration).
Such proposal contemplated the acquisition of the REIT’s industrial portfolio by Blackstone and the acquisition of select suburban office assets by the Asset Sub- Purchaser, and indicated that the consortium had resolved its previously mentioned issue related to the concurrent sale of suburban office assets to the Asset Sub-Purchaser.
XXXXXX SECURITIES CANADA INC., as Sub-Purchaser by /s/ XXXXXXX X.
Neither the Vendor not the Auctioneers are obliged to recognise the transfer of a vehicle from the Purchaser to a Sub-Purchaser.
Any copy made of them would have also had these characteristics and therefore been unsuited for much handling.
However, the Financial Advisors indicated that facilitating such a concurrent sale to the Asset Sub- Purchaser would be difficult as the Asset Sub-Purchaser was not, at the time, interested in partnering with a consortium to acquire the REIT, and it was therefore unlikely that the Canderel/FrontFour consortium would be actionable at this time.
Robert Schaus Follow this and additional works at: https://digitalcommons.law.buffalo.edu/buffalolawreview Part of the Contracts Commons, Courts Commons, and the Property Law and Real Estate Commons Recommended Citation Robert Schaus, Equity—Specific Performance by Partial Sub-Purchaser Against Original Vendor, 1 Buff.