Examples of Short Sale in a sentence
Purchaser acknowledges that each Lender Party’s willingness to execute and perform the obligations under this Agreement and Xxxxxxxx’s willingness to execute and perform its obligations under the Short Sale Agreement are adequate consideration for Purchaser’s agreements pursuant hereto and pursuant to the Short Sale Agreement.
Neither this Agreement nor the Short Sale Agreement is assignable by Purchaser without the prior written consent of Lender Agent.
In lieu of Purchaser providing Borrower a monetary deposit under the Short Sale Agreement, Purchaser has, concurrently herewith, executed and delivered the New Lease and the New Lease Rent Escrow Agreement.
Notwithstanding the foregoing, Purchaser acknowledges and agrees that the Lender Parties are third party beneficiaries of the Short Sale Agreement and nothing herein shall interfere or limit the rights of Lender Parties thereto or thereunder.
Any capitalized terms not herein defined shall have the meanings ascribed to such terms in the Short Sale Agreement.