Common use of PAYMENT TO CITY OF EXCESS SALES PROCEEDS Clause in Contracts

PAYMENT TO CITY OF EXCESS SALES PROCEEDS. If the Owner makes a Transfer in violation of this Agreement, the Owner shall pay the Excess Sales Proceeds to the City. For purposes of this Agreement, "

Appears in 4 contracts

Samples: 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement

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PAYMENT TO CITY OF EXCESS SALES PROCEEDS. If the Owner Transfers the Home at an unrestricted price pursuant to Section 13 above, or if the Owner makes a Transfer in violation of this Agreement, the Owner shall pay the Excess Sales Proceeds to the City. For purposes of this Agreement, "

Appears in 2 contracts

Samples: Trust and Security Agreement, And Security Agreement

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PAYMENT TO CITY OF EXCESS SALES PROCEEDS. If Upon Owner’s transfers of the Home pursuant to Section , above, or if the Owner makes a Transfer in violation of this Agreement, the Owner shall pay the Excess Sales Proceeds to the City. For purposes of this Agreement, "

Appears in 1 contract

Samples: Equity Share Agreement

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