Sale and Purchase of the Property. Seller agrees to sell and convey the Property to Purchaser, and Purchaser agrees to purchase the Property from Seller, for a total purchase price of Dollars ($ ) (the “Purchase Price”), comprised of the Hammer Price plus a buyer’s premium (payable by Purchaser to Auctioneer for Auctioneer’s own account) in an amount equal to Ten Percent (10%) of the Hammer Price (the “Buyer’s Premium”). Real estate transfer tax shall be calculated on the total Purchase Price (i.e., the Hammer Price plus the Buyer’s Premium).
Sale and Purchase of the Property. Seller agrees to sell and convey the Property to Purchaser, and Purchaser agrees to purchase the Property from Seller, for a total purchase price of Dollars ($ ) (the “Purchase Price”), comprised of the Hammer Price plus a buyer’s premium in an amount equal to Ten Percent (10%) of the Hammer Price (the “Buyer’s Premium”). Real estate transfer tax shall be calculated on the total Purchase Price (i.e., the Hammer Price plus the Buyer’s Premium).
Sale and Purchase of the Property. As set forth in this Agreement, Xxxxxx agrees to sell and convey the Property to Xxxxx, and Xxxxx agrees to purchase the Property from Seller, for the Contract Price.
Sale and Purchase of the Property. Based upon and subject to the terms, agreements, warranties, representations and conditions of this Agreement, Seller hereby agrees to sell, convey, transfer, assign and deliver to Buyer on the Closing Date (as hereinafter defined), and Buyer hereby agrees to buy and accept on the Closing Date, the Property.
Sale and Purchase of the Property. As set forth in this Agreement, Seller agrees to sell and convey the Property to Buyer, and Buyer agrees to purchase the Property from Seller, for the Purchase Price.
Sale and Purchase of the Property. (a) The Vendor shall sell the Property and the Plant and Equipment and the Purchaser shall purchase the Property and the Plant and Equipment upon the terms and subject to the conditions of this Agreement.
(b) The sale and purchase of the Property shall be subject to the terms and conditions set out in this Agreement and the general conditions of sale contained in The Law Society of Singapore’s Conditions of Sale 2012 (“Conditions of Sale”) insofar as they are applicable to a sale by private treaty and are not varied by or inconsistent with any of the terms and conditions herein and insofar as the Conditions of Sale and the terms and conditions of this Agreement are not contrary or in conflict with (i) the Conveyancing & Law of Property (Conveyancing) Rules 2011 as promulgated under the Conveyancing & Law of Property Act (Cap. 61) (“Conveyancing Rules”); and (ii) the Singapore Academy of Law (Conveyancing Money) Rules 2011 as promulgated under the Singapore Academy of Law Act (Cap. 294A) (“XXX (Conveyancing Money) Rules”) (if applicable).
(c) Where the terms and conditions of this Agreement are in conflict with the Conditions of Sale, the former shall prevail. Where the terms and conditions of this Agreement are in conflict with the Conveyancing Rules and/or the XXX (Conveyancing Money) Rules, the Conveyancing Rules and the XXX (Conveyancing Money) Rules shall prevail.
Sale and Purchase of the Property. 2.1 Subject to the terms and conditions of this Agreement, each of the Sellers hereby sells and agrees to transfer to the Purchaser such part of the Property as set out in Schedule 1 (the Property) at the Notarial Transfer Date and the Purchaser hereby purchases and agrees to accept the transfer of the relevant part of the Property from each of the Sellers at the Notarial Transfer Date.
2.2 Subject to Notarial Transfer occurring, the Property will be for the Purchaser’s risk and account as from the Notarial Transfer Date, meaning that (i) the Purchaser is entitled to the income and responsible for the expenses related to the Property as of the Notarial Transfer Date, and (ii) the Sellers are entitled respectively responsible for the income respectively expenses (with the exception of the Agreed Costs) related to the Property in connection with the period up to the Notarial Transfer Date.
2.3 The sale (and Notarial Transfer) of the Property includes all the buildings and further appurtenances erected thereon as well as the movable property which, according to generally accepted views, is intended to sustainably serve the Property within the meaning of Section 3:254 DCC, in so far as such movable property does not belong to any third party or parties.
2.4 The Parties hereby acknowledge and confirm that the rights and obligations of the Sellers under the Leases transfer to the Purchaser by operation of law in accordance with article 7:226 of the DCC.
2.5 If, prior to Notarial Transfer Date, the Purchaser learns that any of the Sellers is, becomes, or appears to be a Blocked Person, the Purchaser may delay the sale and Notarial Transfer contemplated by this Agreement pending its conclusion of its investigation into the matter of the relevant Seller’s status as a Blocked Person. If the Purchaser determines that the relevant Seller is or becomes a Blocked Person, the Purchaser shall have the absolute right to immediately terminate this Agreement without any liability for the Purchaser to any of the Sellers and take all other actions necessary, or in the opinion of the Purchaser, appropriate to comply with applicable laws regarding such Blocked Person, in which event the Purchaser shall receive a return of any deposit paid if such return is acceptable under applicable U.S. law. The provisions of this Clause will survive termination of this Agreement.
Sale and Purchase of the Property. 2.1 The Seller agrees to sell and the Buyer agrees to buy the Property for the Price
2.2 The consideration for any supply made by the Seller under this agreement is exclusive of any VAT which is or becomes chargeable thereon and if any such sum is or becomes so payable the Buyer shall upon demand pay the same to the Seller
Sale and Purchase of the Property. On the terms and subject to the terms hereinafter set forth, Seller hereby agrees that at Closing Seller shall sell to Buyer and Buyer shall purchase from Seller, the Property.
Sale and Purchase of the Property. Section 1.01 Seller shall sell and convey to Purchaser, and Purchaser shall purchase from Seller the Property, subject to the terms, covenants, conditions and contingencies hereinafter set forth.
Section 1.02 The sale and purchase contemplated hereby (and, accordingly, the term "Property") shall not include any of the trade fixtures and property identified on Exhibit B annexed hereto or any personal property located within or upon the Property (herein collectively called "Seller's Personal Property"). Notwithstanding the foregoing, the kitchen appliances are included in the sale with the exception of the ice maker. Purchaser is advised that the trash compactor at the Property may belong to the xxxxxx and that the rooftop satellite dish may belong to the telecommunications company currently providing service to the Property; accordingly, same may be removed by such xxxxxx or telecommunications company or may be abandoned in place.
