Land Contract Sample Clauses

Land Contract. As defined in the Recitals above.
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Land Contract. As defined in the Recitals above. Leasing Guidelines. The leasing guidelines for the Project as approved (and amended) by the Members in accordance with Section 6.12.
Sample 1Sample 2Sample 3See All (4)
Land Contract. The parties agree to enter into a Land Installment Contract providing for a $ down payment and the balance bearing interest at the rate of % per annum, and with payment of $ per PROOF month, with the entire balance due . The title evidence shall be delivered by Seller(s) at or prior to execution of the Land Installment Contract, and that any further title examination or evidence shall be at the expense of Buyer(s). The cost of preparing and recording the Land Installment Contract shall be paid by ❏ Seller(s), ❏ Buyer(s) or ❏ Split Equally. ❏ ❏ ❏ ❏ ❏ ❏ ❏ or, ❏ ❏ ow
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Land Contract. If this Agreement provides for a land contract both Parties agree to execute a State Bar of Wisconsin Form 11 114 Land Contract, the terms of which are incorporated into this Agreement by reference. Prior to execution of the land contract Grantor shall 115 provide the same evidence of merchantable title as required above and written proof, at or before execution, that the total underlying 116 indebtedness, if any, is not in excess of the proposed balance of the land contract, that the payments on the land contract are sufficient 117 to meet all of the obligations of Grantor on the underlying indebtedness, and that all creditors whose consent is required have consented 118 to the land contract sale. Grantor may terminate this Agreement if creditor approval cannot be obtained. Grantor may terminate this 119 Agreement if Grantee does not provide a written credit report which indicates that Grantee is credit worthy based upon reasonable 120 underwriting standards within 15 days of acceptance. Grantee shall pay all costs of obtaining creditor approval and the credit report. 121 PROPERTY ADDRESS: [page 3 of 6, WB-35] CHECK ONE 122 Note: The contingency at line 123 is part of this Offer if marked, such as with an “x,” it is not if not so marked or marked N/A. 123 124 FINANCING CONTINGENCY: This Agreement is contingent upon ■ First Party ■ Second Party the purpose of this contingency) being able to obtain: (“Borrower” for STRIKE ONE INSERT LOAN PROGRAM CHECK APPLICABLE FINANCING BELOW 125 ■ land contract financing from the Other Party at closing as further described at lines 128 to 147 and 113 to 120. 126 ■ a (fixed) (adjustable) rate 127 first mortgage loan commitment as further described at lines 128 to 141 and 97 to 112, within days of acceptance of this Offer. 128 The financing selected shall be in an amount of not less than $ for a term of not less than years, amortized 129 over not less than years. If the purchase price under this Offer is modified, the financed amount, unless otherwise 130 provided, shall be adjusted to the same percentage of the purchase price as in this contingency and the monthly 131 payments shall be adjusted as necessary to maintain the term and amortization stated above. 132 IF FINANCING IS FIXED RATE the annual rate of interest shall not exceed % and monthly payments of principal and 133 interest shall not exceed $ . 134 IF FINANCING IS ADJUSTABLE RATE the initial annual interest rate shall not exceed %. The initial interest rate sha...
Sample 1
Land Contract. This Agreement is made and entered into by and between: (seller) whose address is: hereinafter called the Vendor and
Sample 1
Land Contract. Buyer will purchase the property on land contract with a $ down payment and monthly installme nts of principal and interest in the amount of $ or more, including annual interest of percent. Buyer will pay the entire balance, which may require a lump-sum payment, within years after closing.
Sample 1
Land Contract. It is understood that simultaneously with the execution of this Agreement, the Seller herein shall purchase certain land as set forth in the contract attached hereto as EXHIBIT D ("the Land Contract"). In the event that this Agreement and the attached agreement are not simultaneously executed and the purchase of the land completed as set forth in the attached contract, this Agreement shall be terminated and the Purchaser shall be relieved of any obligation hereunder.
Sample 1
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Land Contract. Delivery of a Land Contract for inclusion in the Borrowing Base requires delivery to the Custodian of the following Collateral Papers, each of which must be in form and substance satisfactory to Seasoned Warehouse Agent, in the following manner: 1. A Submission List that, among other things, identifies the documents being delivered to Custodian for that Land Contracts Borrowing.
Sample 1

Related to Land Contract

  • Construction Contract If federal funds are included as part of the financing of the non-OPWC portion of the Project, federal law may prevail, including, but not limited to, application of Xxxxx Xxxxx prevailing wage rates, the Xxxxxxxx “Anti-Kickback” Act, the Contract Work Hours and Safety Standards Act, and any federal environmental regulations. Recipient is solely responsible for ensuring compliance with federal requirements applicable to its Local Subdivision Contribution. Notwithstanding the above, the following provisions apply to construction contracts under this Agreement:

  • Leases and Contracts Schedule 8(f) is a list of all Leases and Contracts relating to the Facility to which Seller is a party or by which Seller may be bound. Seller has made or will promptly make available to Buyer true, complete and accurate copies of all Leases and Contracts including, without limitation, any modifications thereto. All of the Leases and Contracts are in full force and effect without claim of material default there under, and, except as may be set forth on Schedule 8(f).

  • Construction Contracts Item A: Enter the total dollar amount of all contacts awarded on the project/ program. Item B: Enter the total dollar amount of contracts connected with this project/program that were awarded to Section 3 businesses.

  • Limited Contracts 1. All bargaining unit members employed in the Bellefontaine City Schools will be employed according to the following procedures: a. All bargaining unit members new to the Bellefontaine City School system shall be hired for one (1) year. b. Upon re-employment after the first contract, the new contract shall be for one (1) year. c. Upon re-employment after the second one-year contract, the unit member's contract shall be for two (2) years. d. Upon re-employment after the first two-year contract, the unit member's contract shall be for three (3) years. e. Upon re-employment after the three-year contract, the unit member's contract shall be for five (5) years and subsequent renewal thereof shall be for five (5) year periods, except that the Board may offer a one-year extended contract before any five (5) year contract if, prior to the expiration of the last contract, a decision based only upon the written evaluation instrument of the system so warrants it. No extended one- year contract may be offered two (2) or more years in succession. f. The Board may grant a continuing contract, provided service and certification/licensure requirements are met by the unit member. g. The usual term of contracts for unit members with continuous service in Bellefontaine shall follow the sequence of one (1) year, one (1) year, two (2) years, three (3) years, five (5) years until eligible for a continuing contract, except as defined in Paragraph e. Effective with the 2007-08 school year, all newly-employed bargaining unit members who are hired with a One-Year Supplemental Teaching License will be limited to a one (1) year contract renewal each year until a multi-year license has been attained. h. A unit member who resigns or is non-renewed and who is subsequently rehired within nine calendar months shall be eligible for multi-year contracts, subject to the provision of paragraph e. i. A unit member who resigns or is non-renewed and who is subsequently rehired after nine calendar months have expired shall not be eligible for multi-year contracts and will be treated as a unit member new to the system. j. This section does not apply to supplemental contracts.

  • Standard Contract Attachment C - (Standard Contract Provisions for Contracts and Grants)

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

  • Assignment Amendments Waiver and Contract Complete A. AUDIT.

  • Operating Lease (i) Each Borrower shall (a) promptly perform and observe all of the covenants required to be performed and observed by it under the Operating Leases and do all things necessary to preserve and to keep unimpaired its material rights thereunder; (b) promptly notify Lender of any material default under any Operating Lease of which it is aware; (c) promptly deliver to Lender a copy of any notice of default or other material notice under any Operating Lease delivered to any Operating Lessee by Borrower; (d) promptly give notice to Lender of any notice or information that Borrower receives which indicates that an Operating Lessee is terminating its Operating Lease or that any Operating Lessee is otherwise discontinuing its operation of the applicable Individual Property; and (e) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by the Operating Lessee under the applicable Operating Lease. (ii) If at any time, (A) an Operating Lessee shall become insolvent or a debtor in a bankruptcy proceeding or (B) Lender or its designee has taken title to an Individual Property by foreclosure or deed in lieu of foreclosure, has become a mortgagee-in-possession, has appointed a receiver with respect to the applicable Individual Property or has otherwise taken title to such Individual Property, Lender shall have the absolute right to (and Borrower and Operating Lessee shall reasonably cooperate and not in any way hinder, delay or otherwise interfere with Lender’s right to), immediately terminate the applicable Operating Lease under and in accordance with the terms of the applicable Subordination, Attornment and Security Agreement. (iii) Borrower shall not, without the prior written consent of Lender, which consent shall not be unreasonably withheld: (a) surrender, terminate or cancel any Operating Lease or otherwise replace any Operating Lessee or enter into any other operating lease with respect to any Individual Property, provided, however, at the end of the term of each Operating Lease, the applicable Borrower may renew such Operating Lease or enter into a replacement Operating Lease with Operating Lessee on substantially the same terms as the expiring Operating Lease except that Lender shall have the right to approve any material change thereto; (b) reduce or consent to the reduction of the term of any Operating Lease; or (c) enter into, renew, amend, modify, waive any provisions of, reduce Rents under, or shorten the term of any Operating Lease.

  • Service Contract The Parties intend this Agreement to be a “service contract” within the meaning of Section 7701(e)(3) of the Internal Revenue Code of 1986. Purchaser will not take the position on any tax return or in any other filings suggesting that it is anything other than a purchase of electricity from the System.

  • Equipment; Leasehold (a) All material items of equipment and other tangible assets owned by or leased to the Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted. (b) The Company does not own any real property or any interest in real property, except for the leasehold created under the real property lease identified in Part 2.10 of the Disclosure Schedule.

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