Unconditional Contract definition

Unconditional Contract means a Contract of Sale (in the form required by the Client) in respect of a Property, which satisfies all of the following requirements: the Contract of Sale (in a form approved by the Client) has been duly executed by the Client as attorney for the vendor and the Purchaser as purchaser; the executed Contract of Sale has been provided to solicitors for the vendor and Purchaser respectively; copies of the Purchaser/s’ passport or driver’s license and Medicare card (as the case may be) have been provided to the Client; the Deposit has been paid in full to the Client by way of cleared funds or bank guarantee on terms acceptable to the Client; and any conditions in the Contract have been satisfied.
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Examples of Unconditional Contract in a sentence

  • The Referrer must have already entered into an Unconditional Contract of Sale or have already completed settlement of a Contract of Sale at the time of completing the Referral Form.

Related to Unconditional Contract

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Supplemental contract means a written agreement entered into for the distribution of proceeds under a life, health, or annuity policy or contract.

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.