Option to Purchase Agreement Sample Clauses

Option to Purchase Agreement. The Developer shall enter into, or shall cause the execution of, an Option Agreement with the Commission pertaining to the sale of its current facility at 000 X Xxxxxx Xxxxxx, South Bend, Indiana concurrently with the execution of this Agreement.
Sample 1
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Option to Purchase Agreement. THIS IS A LEGALLY BINDING CONTRACT. YOU ARE ADVISED TO SEEK THE ADVICE OF LEGAL COUNSEL PRIOR TO SIGNING IT. This OPTION TO PURCHASE AGREEMENT (hereinafter called the “Option Agreement”) is entered into by and between and/or assignee, with an address of , Telephone ( ) - (hereinafter called the “Owner”); and Street Address City State Zip Code Home Phone Mobile Phone (hereinafter called the “Optionee” whether one or more).
Sample 1
Option to Purchase Agreement. The Option is granted in accordance with the Option to Purchase Agreement executed by and between City and Optionee concerning the Option Property, dated , 20 (the “Option to Purchase Agreement”). This Memorandum of Option is prepared for the purpose of recordation and shall not alter or affect in any way the rights and obligations of City and Optionee under the Option to Purchase Agreement. In the event of any inconsistency between this Memorandum and the Option Agreement, the terms of the Option to Purchase Agreement shall control. In witness whereof, the Parties have entered into this Agreement as of the Effective Date. [SIGNATURES APPEAR ON FOLLOWING PAGE] “City” CITY OF MANTECA, a municipal corporation By:
Sample 1
Option to Purchase Agreement. Attachment No. 20 to the DDA, Option to Purchase Agreement (Housing), is hereby amended by deleting Recital C in its entirety and replacing it with the following: “Pursuant to that certain Disposition and Development Agreement entered into between the Agency and Optionor (as “Owner” therein) dated as of May 22, 2008, and all amendments thereto, (the “Agreement”), Optionor has agreed to construct an approximately 65 unit affordable housing complex with ground floor retail and related parking facilities (the “Project”).”
Sample 1
Option to Purchase Agreement. A separate Option to Purchase agreement shall be executed by the Parties as of the Effective Date of this Agreement, the form of which is attached hereto as Exhibit T, providing for a mutual option in the City and Developer for the purchase by the Developer or approved assigns, of the Market Street Garage and Skywalk in an amount equal to the Purchase Option Price. The Mayor and Clerk are authorized and directed to execute such Option to Purchase Agreement with such changes as may be approved by the City Manager and the Developer and as to form by the City Attorney. A copy of the Option to Purchase Agreement or memorandum evidencing the Option to Purchase shall be recorded in the real estate records of Sedgwick County, Kansas, immediately after the Effective Date hereof. In the event that the Option to Purchase is not exercised within the time period prescribed in the Option to Purchase Agreement, the Developer and/or City shall thereafter execute and deliver to the other Party a release of the mutual Option to Purchase, or such other documentation as may be reasonably necessary in a form available to be recorded in the real estate records of Sedgwick County, Kansas, to evidence such release of the Option to Purchase. If the either Party fails to deliver such release within 30 days of the expiration, the other Party may unilaterally thereafter execute and record an appropriate a document evidencing the failure of either Party to exercise the Option to Purchase.
Sample 1
Option to Purchase Agreement. A duly executed and acknowledged counterpart of the Option to Purchase Agreement.
Sample 1

Related to Option to Purchase Agreement

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Stock Purchase Agreement (a) Purchaser understands and agrees that the conversion of the Note into equity securities of the Company may require such Purchaser’s execution of certain agreements (in form reasonably agreeable to a majority in interest of the Purchasers) relating to the purchase and sale of such securities as well as registration, information and voting rights, if any, relating to such equity securities. (b) Purchaser agrees to be bound by the agreements described in Section 2(a).

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Option to Purchase Subject to Section 3.5, the Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to purchase any or all owned Bank Premises, including all Furniture, Fixtures and Equipment located on the Bank Premises. The Assuming Institution shall give written notice to the Receiver within the option period of its election to purchase or not to purchase any of the owned Bank Premises. Any purchase of such premises shall be effective as of the date of Bank Closing and such purchase shall be consummated as soon as practicable thereafter, and in no event later than the Settlement Date. If the Assuming Institution gives notice of its election not to purchase one or more of the owned Bank Premises within seven (7) days of Bank Closing, then, not withstanding any other provision of this Agreement to the contrary, the Assuming Institution shall not be liable for any of the costs or fees associated with appraisals for such Bank Premises and associated Fixtures, Furniture and Equipment.

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Amendments to Purchase Agreement The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • Repurchase Agreement This Repurchase Agreement, duly executed by the parties thereto;

  • Agreement to Purchase Purchase Price Buyer acknowledges that it was the successful bidder for the Property at the Foreclosure Sale with a successful bid for the Property at the Foreclosure Sale in the amount of [ ] ($ ) (the “Purchase Price”), and agrees to purchase all of the interest in the Property from Seller in accordance with and in reliance upon the terms and conditions of this Agreement.

  • Agreement to Purchase The Mortgage Loan Seller agrees to sell, assign, transfer, set over and otherwise convey to the Purchaser, without recourse, representation or warranty, other than as set forth herein, and the Purchaser agrees to purchase from the Mortgage Loan Seller, subject to the terms and conditions set forth herein, the Mortgage Loans. The purchase and sale of the Mortgage Loans shall take place on August 22, 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). As of the Cut-off Date, the Mortgage Loans will have an aggregate principal balance, after application of all payments of principal due on the Mortgage Loans, if any, on or before such date, whether or not received, of $301,354,734, subject to a variance of plus or minus 5%. The purchase price for the Mortgage Loans shall be an amount set forth on the cross receipt between the Mortgage Loan Seller and the Purchaser dated the Closing Date (which price reflects no deduction for any transaction expenses for which the Mortgage Loan Seller is responsible). The Purchaser shall pay such purchase price to the Mortgage Loan Seller on the Closing Date by wire transfer in immediately available funds or by such other method as shall be mutually acceptable to the parties hereto.

  • Election to Purchase (To Be Executed Upon Exercise of Warrant)

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