Real Estate Agreement Sample Clauses

Real Estate Agreement. This Agreement will not become effective --------------------- unless the Real Estate Agreement, the Companion Business Agreements, and the Companion Real Estate Agreements are signed at the same time that this Agreement is signed. If ARCO terminates the Real Estate Agreement in accordance with its terms, Seller may terminate this Agreement without further liability to Buyer. If Buyer terminates the Real Estate Agreement in accordance with its terms, Buyer may terminate this Agreement without further liability to Seller. GENERAL PROVISIONS ------------------

Real Estate Agreement. The execution and delivery of this Agreement is contingent upon the concurrent and simultaneous execution and delivery of the Real Property Purchase and Sale Agreement.

Real Estate Agreement. The Real Estate Agreement shall have been entered into and shall not have been terminated.

Real Estate Agreement. Seller shall have executed and delivered --------------------- the Real Estate Agreement to Buyer;

Real Estate Agreement. At the Closing, Seller and Purchaser agree to execute the Real Estate Agreement, attached hereto as Exhibit C.

Real Estate Agreement. Buyer and Seller shall execute and deliver to one another the Real Estate Agreement within one (1) day of the Closing Date.

Real Estate Agreement. On October 15, 2015, Real Estate entered into a Purchase and Sale Agreement with 23rd and 11th Associates, L.L.C., for the sale of a portion of Real Estate’s real property and improvements thereon located in Manhattan, New York for $200.0 million. Such agreement has been amended from time to time and was subject to several material regulatory contingencies. Real Estate believes that as of April 26, 2017, the last significant local regulatory contingency has been resolved and the closing of the sale of such property is reasonably expected to occur in August 2017. Real Estate will maintain ownership of one building at the Manhattan location thus allowing U-Haul to serve the equipment rental needs of our customers in the area. Real Estate’s book value of the property being sold is approximately $5 million. The Company intends to reinvest the proceeds into its self-storage holdings via a tax free exchange pursuant to Section 1031 of the Internal Revenue Code.

Real Estate Agreement. The Trust and the Purchaser shall have entered into the Real Estate Agreement and closed the purchase and sale of the Real Property in accordance therewith. The closing under the Real Estate Agreement and the Closing under this Agreement shall occur simultaneously and the closing of each such transaction is a condition precedent to the closing of the other.

Real Estate Agreement. Seller and Purchaser shall have executed and delivered the Real Estate Agreement on the terms and conditions set forth in Section 1.3 and such other terms and conditions as are mutually satisfactory to both such parties.

Real Estate Agreement. Buyer and Seller shall execute and deliver the --------------------- Real Estate Agreement at the Closing.