Key Deal Points. You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability. §We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. §For a period of time from the date of this Purchase Agreement (the “Period”), you grant us the exclusive right to purchase the Asset(s).
Key Deal Points. You have the authority as owner (“Consignor/Seller”) of items in Exhibit A to list the items on Collectable’s platform. You have represented the item (the “Asset(s)) and its condition honestly and accurately to the best of your ability. You are partnering with Collectable Sports Assets, LLC to offer the Asset for sale on our platform with the goal of crowd funding liquidity for the Asset (the “Offering”). You and Collectable Sports Assets, LLC will agree to a price for the Asset (“Consideration”). The Consideration will consist of “Cash” (which gets paid after a successful Offering), and/or “Retained Equity” (which allows you to continue to own a percentage of the item(s) listed on the Collectable platform). Collectable Sports Assets, LLC will be the exclusive seller of the Asset for a period of time (ex. 6 months, the “Period”). Collectable Sports Assets, LLC may authenticate, or re-authenticate, any items necessary for SEC approval and to maximize investor security and integrity. You and Collectable will mutually agree on a secure storage location that meets any and all insurance, protection, and maintenance requirements to protect asset shareholders for the duration the asset is listed on Collectable’s platform. You will provide Collectable Sports Assets, LLC with all necessary documentation to successfully file the Asset(s) with regulatory bodies and pass due diligence. Please see page 4 of this document for a list of the documents we will need. Should you decide to retain equity in an offering, you will be required to complete and sign a ‘Contribution Agreement’ in addition to this Consignment Agreement. Insurance obligation will transfer from consignor to Collectable, once the Consignment Agreement is completed. In the event an offering is not completed, the asset will be returned to the consignor and Collectable will no longer be responsible for insurance.
Key Deal Points. The purchaser shall pay and deliver the purchase price following notice from the Seller that all of the Assets have been acquired and all consideration for the Assets paid to the relevant third parties by the Seller, and subject to the qualification by the SEC of the Purchaser’s investment offering and the investment of sufficient funds in that offering.
Key Deal Points. You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability. You are partnering with us to securitize the Asset(s) through the Rally Rd. platform, which is owned and operated by our parent company, RSE Markets, Inc. (the “Platform”). We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. For a period of time from the date of this Purchase Agreement (the “Period”), you grant us the exclusive right to purchase the Asset(s).
Key Deal Points. The purchaser shall pay and deliver the purchase price following notice from the Seller that all of the Assets have been acquired and all consideration for the Assets paid to the relevant third parties by the Seller, and subject to the qualification by the SEC of the Purchaser’s investment offering and the investment of sufficient funds in that offering. -The Purchaser and Seller agree to take reasonable steps to confirm the method and time of payment of the Purchase Price, including any information that the Purchaser requires to initiate a wire transfer to the Seller. -We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. -You have the ability to supply the Assets listed in the Asset Table. -Upon trade settlement, you will store, maintain, and insure the Asset(s) as part of your inventory and consistent with the manner in which they were stored, maintained, and insured prior to the date of this Purchase Agreement. -You will provide us with reasonable access to the Asset(s) for the creation of marketing materials. Marketing materials remain our property. -Right to possession of the Assets shall transfer to the Purchaser upon payment of the Purchase Price. It is the Seller’s duty to ensure the Assets are delivered to the Purchaser or to the Purchaser’s designated storage facility in the same condition as when purchased by the Seller. -Upon the completion of the offering, you will continue to store, maintain, and insure the assets, in exchange for the payment of storage fees. -Upon the successful completion of the relevant offering through the Vint platform, you will receive payment of the Consideration for the associated Asset, as outlined below, and we will assume title in, and take possession of, the Asset(s), unless otherwise mutually agreed by you and us. -This Purchase Agreement may be modified or amended only with the prior written consent of both Purchaser and Seller. 2019 Domaine de la Janasse XXL Chateauneuf du Xxxx 2019 24 9.79% 2019 Domaine de la Janasse XXL Chateauneuf du Xxxx 2019 24 9.86% 2016 Domaine de la Janasse XXL Chateauneuf du Xxxx 2016 6 4.04% 2019 Clos du Caillou CdP Reserve 2019 6 1.38% 2019 Clos St Xxxx Deus Ex Machina 2019 1 1.58% 2016 Beaucastel Rouge 2016 12 1.64% 2015 Beaucastel Rouge 2015 12 1.62% 2016 Usseglio Reserve Deux Freres 2016 6 1.45% 2015 Clos des Papes 2015 12 1.87% 2015 Clos des Papes 2015 3 0.97% 2016 Clos des Papes 2016 12 0.40% 2020 Janasse CdP VV 2020...
Key Deal Points. You will supply the Asset(s) to the Purchaser, and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability. -We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. -For a period of eight (8) weeks from the date of this Option Agreement (the “Period”), you grant us the exclusive right to purchase the Asset(s).
Key Deal Points. You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability.
Key Deal Points. You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability. §We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. §Upon the successful completion of an offering through the Rally Rd. platform, you will receive payment of the Consideration for the associated Asset, as outlined below. §This Purchase Agreement may be modified or amended only with the prior written consent of both the Purchaser and Seller.
Key Deal Points. Xx an auction conducted by Julien’s (the “Auction”), Purchaser was the winning bidder with respect to the Assets.
Key Deal Points. You understand that the Asset will be securitized through the Rally Rd. platform, which is owned and operated by our parent company, RSE Markets, Inc. We have agreed with you to the Consideration to be paid for each Asset, as outlined below. You hereby grant us the exclusive right to purchase the Asset at any time during the Option Period upon the terms and conditions set forth in this Option Agreement. To exercise our exclusive right to purchase the Asset, we may provide written notice to you in accordance with this Option Agreement at any time during the Option Period, of our election to exercise such option and purchase the Asset. We may designate any series of Purchaser as the purchaser of the Asset. The Closing will occur as promptly as reasonably practicable, but in no event later than five (5) Business Days, following the date on which we exercise such option. A “Business Day” is any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close. You hereby represent to us as follows: oYou are the rightful and exclusive owner of the Asset, with good and marketable title thereto, free and clear of all liens, pledges, encumbrances, claims, interests (including security interests), rights of first refusal or first offer, restrictions, charges of every kind and nature, whether arising by contract, operation of law or otherwise (collectively, “Encumbrances”). oFrom and after the closing of the purchase of the Asset by us (the “Closing”), we will have the same good and marketable title to the Asset, free and clear of all Encumbrances, and will be entitled to and enjoy all the same rights and benefits of the Asset as enjoyed by you as of the date of this Option Agreement. oThe Asset is free of any adverse claims or defects regarding title or authenticity. The Asset is not counterfeit, has not been previously stolen and has not been subject to any fraudulent conveyance. oYou are duly incorporated or organized and validly existing and in good standing under the laws of the state of your incorporation or organization. You have all requisite power and authority to own, lease, transfer and convey your property and to carry on your business as now being conducted by you. oYou have all requisite power and authority to enter into this Option Agreement, to perform your obligations hereunder...