Common use of Execution of this Agreement Clause in Contracts

Execution of this Agreement. Buyer acknowledges that it is executing this Agreement in contemplation of being the highest and best bidder in the offering of the Property online at XxxxXxxxxxxxxxxx.xxx and XxxxxxxxxxxXxxxxxxx.xxx (the “Sale”), which is scheduled to begin on at p.m. prevailing Eastern Time and scheduled to conclude on at p.m. prevailing Eastern Time (the “Bid Deadline”). Buyer is executing this Agreement and providing the same to the Receiver with Section 3 blank as a condition to participating in the Sale. Buyer acknowledges that, should it be the highest and best bidder, the Receiver has the right to enter the resulting Purchase Price from the Sale in Section 3 below and countersign this Agreement, at which point it will be a fully binding contract between Receiver and Buyer. This Agreement shall in no way be binding or enforceable against the Receiver until the Receiver has filled in the resulting Purchase Price and executed this Agreement.

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Execution of this Agreement. Buyer acknowledges that it is executing this Agreement in contemplation of being the highest and best successful bidder in the offering of the Property online at XxxxXxxxxxxxxxxx.xxx and XxxxxxxxxxxXxxxxxxx.xxx (the “Sale”), ) which is scheduled to begin on at p.m. prevailing Eastern Time and scheduled to conclude on at p.m. prevailing Eastern Time (the “Bid Deadline”). Buyer is executing this Agreement and providing the same to the Receiver with Section 3 blank as a condition to participating in the Sale. Buyer acknowledges that, should it be the highest and best successful bidder, the Receiver has the right to enter the resulting Purchase Price from the Sale in Section 3 below and countersign this Agreement, at which point it will be a fully binding contract between Receiver and Buyer. This Agreement shall in no way be binding or enforceable against the Receiver until the Receiver has filled in the resulting Purchase Price and executed this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Execution of this Agreement. Buyer acknowledges that it is executing this Agreement in contemplation of being the highest and best successful bidder in the offering of the Property online at XxxxXxxxxxxxxxxx.xxx and XxxxxxxxxxxXxxxxxxx.xxx (the “Sale”), ) which is scheduled to begin on ______________ at __________ p.m. prevailing Eastern Time and scheduled to conclude on ______________ at __________ p.m. prevailing Eastern Time (the “Bid Deadline”). Buyer is executing this Agreement and providing the same to the Receiver with Section 3 blank as a condition to participating in the Sale. Buyer acknowledges that, should it be the highest and best successful bidder, the Receiver has the right to enter the resulting Purchase Price from the Sale in Section 3 below and countersign this Agreement, at which point it will be a fully binding contract between Receiver and Buyer. This Agreement shall in no way be binding or enforceable against the Receiver until the Receiver has filled in the resulting Purchase Price and executed this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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