Common use of Purchase Guarantee Clause in Contracts

Purchase Guarantee. 52.2.1 Hydro One will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by the Real Estate Service in conjunction with the employee. 52.2.2 Hydro One will not request appraisals until the employee is ready to list his or her house in the marketplace providing this is within one year of the employee's transfer to the new work location and the employee is prepared to abide by Subsection 52.2.4 and Subsection 52.3.1. 52.2.3 The employee must acknowledge acceptance or rejection of Hydro One’s Purchase Guarantee within five days of its receipt. If the employee rejects the Purchase Guarantee, Hydro One has no further responsibility with regard to Housing Assistance or the Purchase Guarantee. 52.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted. 52.2.5 Home Appraisal Documentation Hydro One will provide the Society with an initial six month report of home appraisal documentation prior to January 1, 1995. Representatives from Hydro One and the Society will meet to discuss the particular form and content of subsequent reports. Upon agreement on the form and content a letter of understanding will be developed which will require the report to be given to the Society on a semi-annual basis for the term of this collective agreement. Any anomalies in the report may be discussed by the Society and the Hydro One confidentially with full disclosure of information (including appraisals).

Purchase Guarantee. 52.2.1 Hydro One ‌ 51.2.1 Vertex will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by the Real Estate Service in conjunction with the employee. 52.2.2 Hydro One 51.2.2 Vertex will not request appraisals until the employee is ready to list his or her house in the marketplace providing this is within one year of the employee's transfer to the new work location and the employee is prepared to abide by Subsection 52.2.4 51.2.4 and Subsection 52.3.151.3.1. 52.2.3 51.2.3 The employee must acknowledge acceptance or rejection of Hydro OneVertex’s Purchase Guarantee within five days of its receipt. If the employee rejects the Purchase Guarantee, Hydro One Vertex has no further responsibility with regard to Housing Assistance or the Purchase Guarantee. 52.2.4 51.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted. 52.2.5 51.2.5 Home Appraisal Documentation Hydro One Vertex will provide the Society with an initial six month report of home appraisal documentation prior to January 1, 1995. Representatives from Hydro One Vertex and the Society will meet to discuss the particular form and content of subsequent reports. Upon agreement on the form and content a letter of understanding will be developed which will require the report to be given to the Society on a semi-annual basis for the term of this collective agreement. Any anomalies in the report may be discussed by the Society and the Hydro One Vertex confidentially with full disclosure of information (including appraisals).

Purchase Guarantee. 52.2.1 Hydro One 51.2.1 Vertex will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by the Real Estate Service in conjunction with the employee. 52.2.2 Hydro One 51.2.2 Vertex will not request appraisals until the employee is ready to list his or her house in the marketplace providing this is within one year of the employee's transfer to the new work location and the employee is prepared to abide by Subsection 52.2.4 51.2.4 and Subsection 52.3.151.3.1. 52.2.3 51.2.3 The employee must acknowledge acceptance or rejection of Hydro OneVertex’s Purchase Guarantee within five days of its receipt. If the employee rejects the Purchase Guarantee, Hydro One Vertex has no further responsibility with regard to Housing Assistance or the Purchase Guarantee. 52.2.4 51.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted. 52.2.5 51.2.5 Home Appraisal Documentation Hydro One Vertex will provide the Society with an initial six month report of home appraisal documentation prior to January 1, 1995. Representatives from Hydro One Vertex and the Society will meet to discuss the particular form and content of subsequent reports. Upon agreement on the form and content a letter of understanding will be developed which will require the report to be given to the Society on a semi-annual basis for the term of this collective agreement. Any anomalies in the report may be discussed by the Society and the Hydro One Vertex confidentially with full disclosure of information (including appraisals).

Purchase Guarantee. 52.2.1 Hydro One will provide a purchase guarantee based on an appraisal of the property's current worth by a group of up to three appraisers, to be selected by the Real Estate Service in conjunction with the employee. 52.2.2 Hydro One will not request appraisals until the employee is ready to list his or her house in the marketplace providing this is within one year of the employee's transfer to the new work location and the employee is prepared to abide by Subsection 52.2.4 and Subsection 52.3.1. 52.2.3 The employee must acknowledge acceptance or rejection of Hydro One’s Purchase Guarantee within five days of its receipt. If the employee rejects the Purchase Guarantee, Hydro One has no further responsibility with regard to Housing Assistance or the Purchase Guarantee. 52.2.4 If the employee wishes to participate in the Housing Assistance Plan, the employee must not list the property for sale until the Purchase Guarantee has been accepted. 52.2.5 Home Appraisal Documentation Hydro One will provide the Society with an initial six month report of home appraisal documentation prior to January 1, 1995. Representatives from Hydro One and the Society will meet to discuss the particular form and content of subsequent reports. Upon agreement on the form and content a letter of understanding will be developed which will require the report to be given to the Society on a semi-annual basis for the term of this collective agreement. Any anomalies in the report may be discussed by the Society and the Hydro One confidentially with full disclosure of information (including appraisalsapprais als).