Purchase Sale Agreement. The Abbot Mill is located in the Forge Village neighborhood of Westford, MA. It is a former textile mill that was constructed over a 60 year period beginning in the late 1900s. Stony Brook originates at the dam on the east end of Forge Pond, passes under and then next to the Abbot Mill buildings and continues east to the Concord River. The dam on Forge Pond is part of the property. The mill property played an important role in the history of Westford. It is architecturally and historically significant. In 2002, the National Park Service placed Forge Village on the National Register of Historic Places. As a result, renovations to the Abbot Mill are eligible for federal tax credits, when carried out in accordance with the rehabilitation standards of the National Park Service. Certain protections are provided to historic properties in the District as a result of inclusion on the National Register. Courier Westford, Inc., a printing company with headquarters in Chelmsford, MA, owns the mill buildings. Courier uses the buildings, as well as a number of adjacent, more modern industrial buildings, for a substantial portion of its printing business. Courier produces over 20,000,000 books a year in the Westford / Abbot Mill complex. Courier has decided to consolidate a portion of its operations, and plans to sell approximately 150,000 square feet of the Abbot Mill Buildings. The buildings to be sold are now primarily used for storage. They are inefficient for modern industrial use, underutilized, and expensive to heat and maintain. The proposed redevelopment project includes all but two of the mill buildings shown. Courier will retain the long building with the clerestory windows on the roof (Building 9) at the right, rear, and the building parallel to it, just behind. The project also includes three parcels across Pleasant St: the lot on which a car is parked, the administration building, just out of the photo, and the land, river, and dam adjacent to the railroad tracks The Purchase and Sale Agreement covers the mill buildings that are visible from Pleasant Street, plus buildings on both sides of the main access drive from Pleasant Street. On the right (to the south) of the access drive it includes the buildings to and including the building from under which the river emerges (Building 7A). To the left, next to the railroad tracks, all the historic buildings are included. Building 10, in which the Westford School Department leases space, and the last of the older...
Purchase Sale Agreement. The City and Housing Authority shall enter into a purchase - sale agreement for the transfer of the Property at no cost, subject to the Restrictive Covenant. The Housing Authority shall thereafter transfer ownership of the Property to the Owner Entity, upon terms and conditions to be determined by the Housing Authority, and subject to the Restrictive Covenant in favor of the City (as defined below).
Purchase Sale Agreement. If SMWD elects under Article 2 to exercise the Option, the Parties will exercise reasonable best efforts to negotiate a definitive purchase and sale agreement that incorporates the terms of this Option Agreement, taking into account environmental review, the Parties’ collective efforts to secure potential financial off-sets and incentives, and other relevant considerations prior to approval of the Program (“Purchase and Sale Agreement”).
Purchase Sale Agreement. Pursuant to the Agreement of Purchase and Sale of Membership Interests dated as of May 23, 2003 (the "PURCHASE/SALE AGREEMENT") Tenant's affiliates, Xxxxxxx Grande, Inc. and Xxxxxxx Properties, Inc. (collectively, "SELLERS") are selling all their rights and interests in both North Tower Manager, LLC and North Tower Member, LLC, including all rights in and to the Xxxxx Fargo Rent Credit, to Xxxxxxx Partners-Bunker Hill, Ltd, or its designee ("BUNKER HILL"). One of the conditions to the Closing (as defined in Section 1.1 of the Purchase/Sale Agreement) is the execution and delivery of this Amendment by Landlord and Tenant.
Purchase Sale Agreement. Executed Purchase-Sale Agreement.
Purchase Sale Agreement. Within ten (10) days of a timely election of Mxxxxxxxx’x exercise of the Purchase Option pursuant to Section IV, Torchlight and Mxxxxxxxx shall execute the Purchase Sale Agreement for the Hxxxx Prospect attached as Exhibit “B”. The Parties covenant that at any time after the Effective Date of this Option Agreement, they will execute such additional instruments and take such actions as may be reasonably be requested by the party(ies) to confirm or perfect or otherwise to carry out the intent and purposes of this Option Agreement.
Purchase Sale Agreement. Upon receipt of the Exercise Notice, the District shall draft, or cause to be drafted, a purchase sale agreement (“Purchase Sale Agreement”) containing the price, terms, and conditions set forth in the Offer and Exercise Notice as well as all other provisions typical of a commercial real property agreement in the County of Tulare, State of California, including all terms required by law and regulation. The closing of the sale shall be in accordance with the commercially reasonable closing practices found within Tulare County, State of California. The Parties shall have ten (10) business days to finalize and execute the Purchase Sale Agreement (“Agreement Period”). If the Parties do not execute the Purchase Sale Agreement within the Agreement Period, Adventist Health’s Right of First Refusal with respect to Offer shall terminate.
Purchase Sale Agreement. All sales shall be documented by Sterling Rail’s standard Purchase & Sale Agreement signed by both Purchaser and Seller.
Purchase Sale Agreement. Upon receipt of the Exercise Notice, the District shall draft, or cause to be drafted, a purchase sale agreement (“Purchase Sale Agreement”) containing the price, terms, and conditions set forth in the Offer and Exercise Notice as well as all other provisions typical of a commercial real property agreement in the County of Tulare, State of California, including all terms required by law and regulation. The closing of the sale shall be in accordance with the commercially reasonable closing practices found within Tulare County, State of California. The Parties shall have thirty (30) business days to finalize and execute the Purchase Sale Agreement (“Agreement Period”). If the Parties do not execute the Purchase Sale Agreement within the Agreement Period, the District shall have the right, in its sole and absolute discretion to, upon written notice to Adventist Health, terminate negotiates regarding the Purchase Sale Agreement and Adventist Health’s Right of First Refusal with respect to Offer shall, without further action, automatically terminate.
Purchase Sale Agreement. 9. It is agreed by the parties that the risk of loss, damage or destruction of said Vessel and equipment shall be borne by the Seller until the transaction is closed.
