ADDITIONAL TERMS OF SALE. A. General
ADDITIONAL TERMS OF SALE. General Subsequent Cut-off Date: March 1, 2007 Subsequent Transfer Date: March 30, 2007 Aggregate Principal Balance of the Subsequent Mortgage Loans as of the Subsequent Cut-off Date: $119,903,379.86 Purchase Price: 100.00% The obligation of the Trust Fund to purchase a Subsequent Mortgage Loan on any Subsequent Transfer Date is subject to the satisfaction of the conditions set forth in the immediately preceding paragraph and the accuracy of the following representations and warranties with respect to each such Subsequent Mortgage Loan determined as of the applicable Subsequent Cut-off Date: (i) such Subsequent Mortgage Loan may not be 30 or more days delinquent as of the applicable Subsequent Cut-off Date; provided, however, that such Subsequent Mortgage Loans may have a first payment date occurring on or after the applicable Subsequent Cut-off Date and, therefore, such Subsequent Mortgage Loan could not have been delinquent as of such Subsequent Cut-off Date; (ii) the remaining term to maturity of such Subsequent Mortgage Loan will not be less than 180 months and will not exceed 360 months from its first payment date; (iii) the Subsequent Mortgage Loan may not provide for negative amortization; (iv) the Subsequent Mortgage Loan will not have a Loan-to-Value Ratio greater than 100.000%; (v) such Subsequent Mortgage Loans will have, as of the related Subsequent Cut-off Date, a weighted average age since origination not in excess of two months; (vi) such Subsequent Mortgage Loan will not have a Mortgage Rate less than 3.875% or greater than 13.750%; (vii) such Subsequent Mortgage Loan will have been serviced by the Servicer since origination or purchase by the Seller in accordance with its standard servicing practices; (viii) such Subsequent Mortgage Loan will have a first payment date occurring on or before May 1, 2007; (ix) such Subsequent Mortgage Loan will have a principal balance no greater than $1,100,000; and (x) such Subsequent Mortgage Loan will have been underwritten in accordance with the criteria set forth under “The Mortgage Pool—Underwriting Standards” in the Prospectus Supplement. Following the purchase of any Subsequent Mortgage Loan by the Trust to be included in Loan Group I, the Mortgage Loans in Loan Group I (including the related Subsequent Mortgage Loans) will as of the related Subsequent Cut-off Date: (i) have an original term to stated maturity of not more than 360 months from the first payment date thereon; (ii) have a Mortgage Rate...
ADDITIONAL TERMS OF SALE. The sale contemplated by this Agreement is subject to the following terms, conditions and contingencies:
ADDITIONAL TERMS OF SALE. Risk of damage to or loss of the vehicle shall pass to the purchasing Dealer upon consummation of the sale. Upon receipt of the purchase price and related transaction fees, in good funds, ADESA shall provide Dealer with the title certificate and/or other documents reasonably necessary to transfer title free of any liens or encumbrances. The purchasing Dealer shall be responsible for payment of all license, property or other vehicle taxes, registration and other government fees arising from its purchase, transfer, or ownership of the vehicle.
ADDITIONAL TERMS OF SALE a. Notwithstanding anything to the contrary herein, RingCentral and its Suppliers reserve the right to make any changes in the specifications of the Products, without notice to Customer, which are required in order to conform to any statutory or other legal requirements or which do not materially affect the performance of the relevant Products.
ADDITIONAL TERMS OF SALE. The sale of the Premises is subject to the terms of Additional Terms of Sale set forth in the auction materials/bidder’s prospectus/property information package prepared by Tranzon Auction Properties, as well as the Notice of Mortgagee’s Sale of Real Estate published in the Ellsworth American, which terms are incorporated herein by reference.
ADDITIONAL TERMS OF SALE i) Sellers grant Buyer an exclusive first and paramount lien, which ensures that, upon liquidation of the Company, Buyer shall be the first of creditors to receive, from the liquidation proceeds, if any, the total sums delivered until then on account of the Purchase Price after payment by the Company of any outstanding liabilities. Upon receipt of such sums by Buyer, any remaining amounts shall be distributed among all partners, including Buyer in proportion to their shareholdings. These shares shall also entitle holders to vote.
ADDITIONAL TERMS OF SALE. 1. This Bid and the resulting Order Confirming Sale of Real Property shall constitute the entire contract between the parties. The acceptance of this Bid at the court hearing constitutes a binding agreement to purchase the subject real property at the agreed-upon price. No additional agreements need to be signed by the parties, including but not limited to any CAR (California Association of Realtors) forms.
ADDITIONAL TERMS OF SALE. The purchase price for the mill is $12,000.00 plus $700 for expenses to get the mill ready for transport. $6,000.00 is due at the signing of this agreement and the remaining $6,700.00 is due when the mill is picked up from the location mentioned above [SIGNATURE PAGE FOLLOWS] Each party is signing this xxxx of sale on the date stated opposite that party's signature. Date: By: Name: Xxxxx Xxxxxx Phone No: (000) 000-0000 Date: By: Name: Xxxxxx Xxxxxxxx Title: Owner Phone No: (000)000-0000 Witnessed By: Date: Name:
ADDITIONAL TERMS OF SALE. 1. All the right, title and interest in the property will be sold subject to all terms and conditions set forth herein and in the Real Estate Purchase Agreement (the “Purchase Agreement”) to be executed in connection herewith. The successful bidder shall be required to execute this instrument and the Purchase Agreement at the conclusion of the bidding as a condition of the acceptance of such party’s bid. The successful bidder shall be bound by the terms and conditions of these Additional Terms of Special Master’s Sale and the Purchase Agreement upon signing the same.
