Purchase or exchange Sample Clauses

The 'Purchase or exchange' clause defines the terms under which one party may acquire goods, services, or assets from another party, either through a direct purchase or by exchanging something of value. This clause typically outlines what items or services are involved, the conditions for the transaction, and any requirements for the exchange, such as timing, delivery, or valuation methods. Its core function is to establish clear rules for how transactions are conducted, thereby reducing misunderstandings and ensuring both parties are aware of their rights and obligations in the exchange process.
Purchase or exchange. $ or 3 % (select only one); or $ or % plus $ (select only one) of the total pur chase price or other consideration for the acquired property, to be paid at closing.
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Purchase or exchange. REALTOR® fees are paid according to either subsection (A) (B) or (C). A. For the purchase or exchange of property subject to a listing contract held by another Broker / REALTOR®, Buyer’s Broker/REALTOR® to be paid a fee equal to the commission as outlined in the MLS or a minimum commission to Buyer’s Broker/REALTOR. $ B. For the purchase or exchange of property not subject to a listing contract, a fee equal to 3% of the purchase or exchange price to be paid to Buyer’s Broker/REALTOR® C. Other:
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Purchase or exchange. $25,000 US Dollars or twelve percent (12%) , whichever is greater, of the first million dollars of purchase price and ten percent (10%) on any portion of the next million dollars of purchase price and eight percent (8%) on the remaining dollars of purchase price or other considerations needed to acquire the Real Property, Business Assets, or Corporate Shares and this sum is to be paid to Broker at Broker’s discretion by the closing agent, escrow agent, or closing attorney at Closing.
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Purchase or exchange. Buyer will pay REALTOR® a fee according to either subsection (1) or (2) below as follows: 1. If at the time Buyer contracts to purchase or exchange such property, subject to a listing contract held by other than the REALTOR® herein, a fee equal to the greater of $ or % of the purchase or exchange price. 2. If at the time Buyer contracts to purchase or exchange property not subject to a listing contract, a fee equal to the greater of $ or % of the purchase or exchange price. ▇▇▇▇▇ agrees to pay REALTOR® the applicable fee as set forth in this section if Buyer, or any other person acting for the buyer or on ▇▇▇▇▇'s behalf, purchase or exchanges any real property of the nature described herein. If a Contract to Purchase between Buyer and a Seller fails to close because of any fault on the part of Buyer, compensation of REALTOR® will not be waived, but will be due and payable immediately.
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Purchase or exchange. City has not made to ▇▇▇▇▇ Power, and ▇▇▇▇▇ Power has not made to City, any warranty, certification, or representation, express or implied, written or oral, statutory or otherwise, concerning Parcel 1 or Parcel 2. Without limiting the generality of the foregoing, City has not made to ▇▇▇▇▇ Power, and ▇▇▇▇▇ Power has not made to City, any warranty, certification, or representation related to: (i) the condition of title to the Parcel 1 or Parcel 2 (except as set forth in the Quitclaim Deeds); (ii) the nature, physical condition or any other aspect of the Properties; (iii) the existence of Hazardous Materials in, on, about, around, under or affecting Parcel 1 or Parcel 2; (iv) the compliance of Parcel 1 or Parcel 2 with any federal, state or local laws, ordinances, statutes, rules, codes or regulations (including, without limitation, any environmental laws, building codes, or zoning codes), (v) the size, dimensions or square footage of Parcel 1 or Parcel 2, (vi) the fitness of Parcel 1 or Parcel 2 for any particular purpose (including without limitation the current use thereof); (vii) any economic feasibility of Parcel 1 or Parcel 2, or (viii) any development rights or permits (or lack thereof) associated with Parcel 1 or Parcel 2. The absence of warranties, certifications, or representations about each Property is acknowledged by City and ▇▇▇▇▇ Power.
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Purchase or exchange. $ --------------------------- or -------- % (select only one); or $_ or 3 % plus __________________ $_335.00 (select only one) of the total purchase price or other consideration for the acquired property, payable ______ _____________ ----------------------- no later than the date of closing specified in the sales contract; however, closing is not a prerequisite for ▇▇▇▇▇▇'s fee being earned. ________________
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Purchase or exchange of the total purchase price or other consideration for the acquired property, to be paid at closing.
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Purchase or exchange. $ or % (select only one); or $ or % plus $ (select only one) of the total purchase price or other consideration for the acquired property, to be paid at closing.
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Related to Purchase or exchange

  • Shift Exchange The Employer and the Union agree that shift exchanges are a useful process to allow employees more flexibility and improved work/life balance. Employees within an institution who have the same job classification will be allowed to exchange full shifts for positions in which they are qualified. The shift exchange process will not be used to circumvent the bid system or the supervisory chain of command. Shift exchanges will be in accordance with the following: A. Request for shift exchanges will be submitted seven (7) calendar days in advance of the exchange, when practicable. B. Requests for shift exchanges will be considered on a case-by-case basis. The requested shift exchange is voluntary, and is agreed to in writing by both employees, and approved in writing by the supervisor(s). Requests for shift exchanges will be submitted to the appropriate Appointing Authority or designee for approval. ▇. ▇▇▇▇▇ exchanges may be denied. If denied, the employee will be provided the reason(s) in writing. D. Employees will not submit requests for shift exchanges which would result in overtime. Each employee will be considered to have worked their regular schedule. E. For shift exchanges that occur on an employee’s designated holiday, the employee who is regularly scheduled to work on that holiday will receive the holiday compensation, regardless of who physically worked on that day. F. The failure of an employee who has exchanged shifts to work the agreed upon shift without appropriate cause may be a basis for disciplinary action.

  • Optional Exchange (a) The terms and conditions, if any, of an Optional Exchange will be specified in the related Supplement; provided, however, that any right of Optional Exchange shall be exercisable only to the extent that the Depositor provides upon the Trustee's request an Opinion of Counsel that (i) such exchange would not be inconsistent with continued satisfaction of the applicable requirements for exemption under Rule 3a-7 (or other applicable rule or exemption) under the Investment Company Act of 1940, as amended, and all applicable rules, regulations and interpretations thereunder and (ii) such exchange would not affect the characterization of the Trust as a "grantor trust" under the Code. The terms of an Optional Exchange may include, but are not limited to, the following: (i) a requirement that the exchanging Holder tender to the Trustee Certificates of each Class within such Series; (ii) a minimum Certificate Principal Balance or Notional Amount, as applicable, with respect to Certificates being tendered for exchange by a single Holder; (iii) a requirement that the Certificate Principal Balance or Notional Amount, as applicable, of each Certificate tendered for exchange be an Authorized Denomination; (iv) specified dates on which a Holder may effect such an Optional Exchange (each, an "Optional Exchange Date"), as specified in the applicable Supplement; (v) limitations on the right of an exchanging Holder to receive any benefit upon Optional Exchange from any Credit Support; and (vi) adjustments to the value of the proceeds of any Optional Exchange based upon required prepayment of future expense allocations and the establishment of a reserve for any unanticipated Extraordinary Trust Expenses. (b) Unless otherwise provided in the applicable Supplement, no Certificate may be exchanged pursuant to this Section 4.07 unless the Trustee has received at least 30 days (or such shorter period acceptable to the Trustee or specified in the applicable Supplement) but not more than 45 days prior to an Optional Exchange Date a telegram, telex, facsimile transmission or letter from a member of a national securities exchange or the National Association of Securities Dealers, Inc., the Depository (in accordance with its normal procedures) or a commercial bank or trust company in the United States setting forth the name of the Holder, the Certificate Principal Balance or Notional Amount of such Registered Certificate to be exchanged and the number or a description of the tenor and the terms of such Certificate, a statement that the Optional Exchange is being exercised thereby and an assurance that the Registered Certificate to be exchanged with the form entitled "Option to Elect Exchange" on the reverse of the Registered Certificate duly completed will be received by such Trustee not later than five Business Days after the date of such telegram, telex, facsimile transmission or letter, and such Certificate and form duly completed must be received by such Trustee by such fifth Business Day. Any tender by the Holder thereof for Optional Exchange shall be irrevocable. Unless otherwise provided in the applicable Supplement, the Optional Exchange option may be exercised pursuant to this Section 4.07 by the Holder of a Certificate for less than the aggregate Certificate Principal Balance or Notional Amount of such Certificate as long as the Certificate Principal Balance or Notional Amount remaining Outstanding after such Optional Exchange is an Authorized Denomination and all other requirements set forth in the related Supplement are satisfied. Upon such partial exchange, such Certificate shall be cancelled and a new Certificate or Certificates for the remaining Certificate Principal Balance or Notional Amount thereof shall be issued (which shall be in the name of the Holder of such exchanged Certificate). (c) Upon the completion of any such Optional Exchange, the Trustee shall give prompt written notice thereof to each Rating Agency.

  • Reclassification, Exchange or Substitution Upon any reclassification, exchange, substitution, or other event that results in a change of the number and/or class of the securities issuable upon exercise or conversion of this Warrant, Holder shall be entitled to receive, upon exercise or conversion of this Warrant, the number and kind of securities and property that Holder would have received for the Shares if this Warrant had been exercised immediately before such reclassification, exchange, substitution, or other event. Such an event shall include any automatic conversion of the outstanding or issuable securities of the Company of the same class or series as the Shares to common stock pursuant to the terms of the Company's Articles of Incorporation upon the closing of a registered public offering of the Company's common stock. The Company or its successor shall promptly issue to Holder a new Warrant for such new securities or other property. The new Warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 2 including, without limitation, adjustments to the Warrant Price and to the number of securities or property issuable upon exercise of the new Warrant. The provisions of this Section 2.2 shall similarly apply to successive reclassifications, exchanges, substitutions, or other events.

  • Registration of Transfer or Exchange of Shares Except as provided in this Section 4.2, the shares of each series of AMPS shall be registered solely in the name of the Securities Depository or its nominee. If the Securities Depository shall give notice of its intention to resign as such, and if the Company shall not have selected a substitute Securities Depository acceptable to the Paying Agent prior to such resignation, then upon such resignation, the shares of each series of AMPS, at the Company's request, may be registered for transfer or exchange, and new certificates thereupon shall be issued in the name of the designated transferee or transferees, upon surrender of the old certificate in form deemed by the Paying Agent properly endorsed for transfer with (a) all necessary endorsers' signatures guaranteed in such manner and form as the Paying Agent may require by a guarantor reasonably believed by the Paying Agent to be responsible, (b) such assurances as the Paying Agent shall deem necessary or appropriate to evidence the genuineness and effectiveness of each necessary endorsement and (c) satisfactory evidence of compliance with all applicable laws relating to the collection of taxes in connection with any registration of transfer or exchange or funds necessary for the payment of such taxes. If the certificate or certificates for shares of AMPS are not held by the Securities Depository or its nominee, payments upon transfer of shares in an Auction shall be made in Federal Funds or similar same-day funds to the Auction Agent against delivery of certificates therefor.

  • Adjustment for Reclassification, Exchange and Substitution If at any time or from time to time after the Original Issue Date while this Warrant remains outstanding, the Common Stock is changed into the same or a different number of shares of any class or classes of stock, whether by recapitalization, reclassification or otherwise (other than an Acquisition, Asset Transfer, subdivision or combination of shares, stock dividend, reorganization, merger, consolidation, or sale of assets provided for elsewhere in this Section 3.1(a)), in any such event the Registered Holder shall have the right thereafter to convert such stock into the kind and amount of stock and other securities and property receivable upon such recapitalization, reclassification or other change by holders of the maximum number of shares of Common Stock into which such shares of Common Stock could have been converted immediately prior to such recapitalization, reclassification or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.