NTD Sample Clauses
The NTD (Name To be Determined) clause serves as a placeholder in a contract or legal document where specific information, such as a party's name or a particular term, has not yet been finalized. In practice, this clause is used during the drafting stage to indicate that certain details will be inserted or confirmed at a later time, ensuring the document can be reviewed and negotiated even if all particulars are not yet available. Its core function is to facilitate the drafting process by allowing parties to progress with negotiations and document preparation without being delayed by incomplete information.
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NTD. This draft assumes the Project will include a ▇▇▇▇. The ▇▇▇▇ provisions will be deleted if the transaction will not include a ▇▇▇▇ component.
NTD. To be selected based on whether applicable termination was “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967).
NTD. If applicable, to be inserted based on Buyer’s evaluation of a Seller Parent Guarantor’s credit as of the Effective Date.
NTD. ▇▇▇▇▇’s preference is for all the component parts of this definition (i.e., “Owned Real Property,” “Leased Real Property,” and “Easements”) to have been obtained by Seller, or be under Seller’s control, as of the Effective Date. The Agreement generally assumes that those component parts have been so obtained. Some projects may not be developed to the point where the “Owned Real Property,” “Leased Real Property,” and “Easements” have been obtained by Seller, or are under Seller’s control, by the Effective Date. For those transactions, the representations and warranties, the timing around the title commitment, and other provisions of the Agreement related to the component parts will or may require modification. Additional refinements to the Agreement’s real property provisions may be necessary depending on the underlying facts.
NTD. If Buyer is provided an Existing Title Commitment with respect to the Project Site, legible copies of any and all documents referenced therein as exceptions to title, an ALTA Land Title Survey that permits Buyer to adequately evaluate such exceptions, and adequate time to review such title documents and survey, Buyer can agree to diligence such exceptions and determine whether they are acceptable encumbrances on title; however, in no event will Buyer be required to agree to any exception related to monetary liens or that would, in Buyer’s opinion, have an adverse effect on the Project or the Project Site or the value of the Project or the Project Site.
NTD. Insert the city, town, or locality and the county where the Project is located. consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, do hereby agree as follows:
NTD. The Contracts addressed in this clause (vi) or other provisions in Section 7.2 are expected to be based on the contractual needs of the Project, and may exclude real estate contracts if all relevant real estate contracts were entered into and provided to Buyer prior to the Effective Date. Buyer expects the FNTP conditions in this section to include a requirement that Seller has obtained (and/or maintained) prior to FNTP all Project Site real property and related
NTD. The Buyer’s Regulatory Approvals to be obtained on or prior to FNTP are intended to encompass all major approvals (if any), leaving for after FNTP only customary minor approvals for transactions of this type (e.g., approval of FCC radio license transfer, if necessary) that should not adversely affect the financeability of the Transactions. Buyer, in its sole and absolute discretion, to be immaterial to the Transactions, Buyer, and the conduct of its business;
NTD. 1.2% of expected outstanding shares post-Closing.
NTD. Based on the results of due diligence conducted by or for Buyer, Buyer may require other items to be in place prior to execution of this Agreement.