Purchase and Sale of Unit Sample Clauses

Purchase and Sale of Unit. (s). ----------------------------
Sample 1
AutoNDA by SimpleDocs
Purchase and Sale of Unit. Seller sells and agrees to convey to Buyer, and Buyer purchases from Seller, the Unit for the Purchase Price and subject to the terms specified in this Agreement.
Sample 1
Purchase and Sale of Unit. 1.1 Seller agrees to sell to Purchaser, and Purchaser agrees to purchase, the Condominium Unit identified in the Condominium Declaration as Unit No. and have assigned to such Unit Limited Common Element Parking Space No. . The Residential Unit's percentage interest in the Common Elements of the Condominium as set forth in Exhibit B to the Condominium Declaration is 25%, (the “Percentage Interest”). The Residential Unit and Common Elements shall be conveyed "AS IS", except as otherwise set forth in the Limited Warranty attached hereto, and unfurnished. Any furnishings and personal property displayed in any model unit are not included in the purchase price. Dimensions shown in any floor plan sketches or other related sales materials are approximations.
Sample 1
Purchase and Sale of Unit. As of the last day of the Company's fiscal year in which there has occurred a Buy-out Event (the "Buy-out Date"), the Company may elect to buy and the Withdrawn Unit Holder shall sell the Withdrawn Unit Holder's Units in the Company, upon the vote of a Majority in Interest of the Class A Common Members. The purchase price of such Units shall be determined pursuant to subsection 8.2(c). Closing of the purchase and sale hereunder shall take place at the offices of Xxxx and Xxxxx, P.A., Attorneys at Law, Asheville, North Carolina at 10:00 a.m. on the fourth Wednesday of the first month following the end of the subject fiscal year. In the event arbitration shall be required as herein provided, closing shall be postponed until the fourth Wednesday of the first month following receipt of the decision of the arbitration committee and shall be held at the above stated time and place. In the event of a disagreement with regard to the payment terms of the purchase and sale, the purchase price shall be paid at closing in full in cash, by wire transfer, or in certified funds; provided, however, that in the event the subject Buy-out Event is pursuant to subsection(s) 8.2(a) (i)(ii)(iii)(iv)(v)(vi)(vii) or (viii) , the purchase price, as determined pursuant to subsection 8.2(c), shall be paid at closing, at the option of the Company, (i) in full in cash, certified funds, bank check, or bank money order; or (ii) by promissory note of the Company in the amount of the purchase price with simple interest upon the principal at the appropriate Applicable Federal Rate under the Code, with the principal and interest being due and payable in sixty (60) equal consecutive monthly installments beginning one (1) month after the date of closing.
Sample 1
Purchase and Sale of Unit. 1.1 Seller agrees to sell to Purchaser in “AS IS” condition and Purchaser agrees to purchase, the Residential Condominium Unit identified in the Condominium Declaration as Unit Number (the "Residential Unit"). The Residential Unit's percentage interest in the Common Elements of the Condominium (the "Percentage Interest") as set forth in Exhibit B to the Condominium Declaration is _%. The Residential Unit shall be conveyed as set forth in the Limited Warranty attached hereto, and unfurnished and any furnishings and personal property displayed in any model unit are not included in the purchase price. Dimensions shown in any floor plan sketches or other related sales materials are approximations. The Unit is part of a condominium consisting of residential units only.
Sample 1
Purchase and Sale of Unit 
Sample 1Sample 2Sample 3See All (5)

Related to Purchase and Sale of Unit

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 20,000 units (the “Initial Units”) at a purchase price of approximately $.004348 per Initial Unit for an aggregate purchase price of $86.84. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $7.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

  • Purchase and Sale of the Units At the Closing, upon the terms and subject to the conditions set forth in this Agreement, the Seller shall sell, assign, transfer, deliver and convey to the Buyer, free and clear of any Liens, and the Buyer shall purchase, accept and acquire from the Seller, the Units.

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • Purchase and Sale of Note Subject to the terms and conditions of this Agreement, the Seller hereby agrees to issue to the Purchaser and the Purchaser hereby agrees to acquire from the Seller a certain Convertible Promissory Note (“Note”) in the aggregate principal amount of Fifty Thousand Dollars ($50,000), a copy of which is attached hereto as Exhibit “A”.

  • Purchase and Sale of Stock Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to Purchaser, an aggregate of 37,500 shares of the Common Stock of the Company (the "Stock") at $0.01 per share, for an aggregate purchase price of $375.00, payable in cash. The closing hereunder, including payment for and delivery of the Stock, shall occur at the offices of the Company immediately following the execution of this Agreement, or at such other time and place as the parties may mutually agree (the "Closing").

  • Purchase and Sale of Shares Closing Subject to the terms and conditions of this Agreement, the Company agrees to sell to Purchaser at the Closing, and Purchaser agrees to purchase from the Company at the Closing, 10,000,000 shares of Common Stock (the “Shares”), at a price per share of $6.00 (the “Purchase Price”). Subject to the satisfaction or waiver of the covenants and conditions set forth in Sections 2.3 and 2.4, the Closing shall occur on the date hereof at the offices of Xxxxxxxx & Xxxxxxxx or such other location as the parties shall mutually agree.

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Purchase and Sale of Services During each Contract Year, SABINE shall make available to Customer, and Customer shall purchase and pay for in an amount equal to the Fee, the Services as described in Section 3.1(b).

  • Purchase and Sale of Notes Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Purchaser’s name in Schedule A at the purchase price of 100% of the principal amount thereof. The Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

  • Purchase and Sale of the Warrants (i) As payment in full for the 8,666,667 Warrants being purchased under this Agreement, the Purchaser shall pay $13,000,000 (the “Purchase Price”), by wire transfer of immediately available funds in accordance with the Company’s wiring instructions, at least one (1) business day prior to the effective date of the Registration Statement, or on such other date as the Company and the Purchaser may agree.

Time is Money Join Law Insider Premium to draft better contracts faster.