Purchase and Sale of the Premises Sample Clauses

Purchase and Sale of the Premises. The total price for the Premises shall be Five Million Nine Hundred Thousand and 00/100 Dollars ($5,900,000.00) (the "Purchase Price"), payable by Purchaser to Sellers over a five (5) years at 3.5% interest, subject to prorations, credits, allowances and other adjustments specifically provided for herein. The payments shall be made in five (5) equal installments with the first installment at closing and the four remaining occurring on or before the annual date of the closing. The amount of each payment shall be equal to One Million Two Hundred Eighty Seventy Thousand Nine Hundred Seventy Six Dollars ($1,287,976).
Sample 1
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Purchase and Sale of the Premises. Seller hereby agrees to sell and convey the Premises to Purchaser, and Purchaser hereby agrees to purchase the Premises from Seller. The Purchase Price for the Premises shall be Ten Million Five Hundred Thousand and No/lOOths Dollars (U.S. $10,500,000.00) (subject to adjustment as provided in paragraph 7, below), which shall be payable by wire transfer of immediately available funds to the account of the Escrow Agent, as the term is hereinafter defined, no later than 1:00 p.m., on the date of Closing, subject to such additional costs, credits, prorations and payoffs as are set forth herein. In addition to the Purchase Price stated above, Purchaser shall, at Closing, assume all obligations of Seller to pay the CDD bond indebtedness which constitutes a lien against the Premises and all CDD maintenance and other CDD assessments against the Premises as referenced in paragraph 31, below (the "CDD Indebtedness"), which relate to the period from and after the Closing.
Sample 1
Purchase and Sale of the Premises. The City hereby agrees to sell and convey to Purchaser, and Purchaser hereby agrees to purchase and obtain from the City, subject to the satisfaction or waiver by Purchaser of the conditions precedent hereinafter set forth, the Premises. The total Purchase Price for the Premises shall be $2,700,000 (the "Purchase Price") payable in cash or by immediately available wired funds at the Closing, subject to prorations, credits, allowances and other adjustments specifically provided for herein.
Sample 1

Related to Purchase and Sale of the Premises

  • Purchase and Sale of the Property Subject to the terms of this Agreement, Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, the Property for the Purchase Price.

  • Purchase and Sale of the Purchased Assets 2 Section 2.1 Assets of Seller to be Transferred to Buyer 2 Section 2.2 Excluded Assets 3 ARTICLE III PURCHASE PRICE FOR THE PURCHASED ASSETS 4 Section 3.1 Purchase Price 4 Section 3.2 Closing Payments 4 Section 3.3 Post-Closing Payments. 4 Section 3.4 Pre-Closing Statement; Post-Closing Purchase Price Adjustment. 5 Section 3.5 Covenants Regarding Stock Consideration. 7 Section 3.6 Allocation of Purchase Price 8 Section 3.7 Withholding 8 Section 3.8 Electronic Transfer of Certain Assets 8 Section 3.9 Employee and Independent Contractor Matters 9 Section 3.10 Inability to Assign Assigned Contracts. 10 Section 3.11 Payments to Members 10 Section 3.12 Paying Agent 11

  • Sale of the Property To the extent permitted by applicable law, Grantor hereby waives any and all right to have the Property marshalled. In exercising its rights and remedies, Lender shall be free to sell all or any part of the Property together or separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale on all or any portion of the Property.

  • Purchase and Sale of the Assets (a) Purchase and Sale of the Assets. Subject to the terms and conditions of this Agreement and on the basis of the representations, warranties, covenants and agreements herein contained:

  • Purchase and Sale of the Units At the Closing, upon the terms and subject to the conditions set forth in this Agreement, the Seller shall sell, assign, transfer, deliver and convey to the Buyer, free and clear of any Liens, and the Buyer shall purchase, accept and acquire from the Seller, the Units.

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • Purchase and Sale of the Interests Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell, assign, transfer, convey and deliver, free and clear of all Encumbrances (other than restrictions on transfer of securities imposed by applicable state and federal securities laws) to the Purchaser, the Interests, and the Purchaser shall purchase the Interests.

  • Purchase and Sale of the Purchased Shares On and subject to the terms and conditions set forth in this agreement, at Closing Seller shall sell to Purchaser, and Purchaser shall purchase from Seller, the Purchased Shares, free and clear of all Liens.

  • Purchase and Sale of the Warrants (i) As payment in full for the 8,666,667 Warrants being purchased under this Agreement, the Purchaser shall pay $13,000,000 (the “Purchase Price”), by wire transfer of immediately available funds in accordance with the Company’s wiring instructions, at least one (1) business day prior to the effective date of the Registration Statement, or on such other date as the Company and the Purchaser may agree.

  • Purchase and Sale of Acquired Assets Upon the terms and subject to the conditions and provisions contained herein, at the Closing (as defined in Section 2.1), the Seller shall sell, convey, assign and deliver to the Purchaser, and the Purchaser shall acquire and accept from the Seller, free and clear of any and all liens, claims, interests and encumbrances, the Seller's right, title and interest in and to the following assets of the Purchaser ("Acquired Assets"):

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