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Sale of Residence Sample Clauses

Sale of Residence. Upon any termination of this Agreement for any reason other than for "Cause" as set forth in Section 4.3 of this Agreement or Termination under Banking Laws as set forth in Section 4.5 of this Agreement, if Executive is unable to sell his residence in the San Francisco, California metropolitan area within ninety (90) days at a sales price net to the Executive at least equal to Executive's cost basis in such residence, the Company shall purchase such residence. Any purchase by the Company pursuant to this paragraph shall be at a price equal to the cost basis in such residence.
Sample 1Sample 2
Sale of Residence. Following the Effective Date of this Agreement as defined in §5.9, the Company shall provide Executive with assistance in selling his home in Georgia, consisting of direct reimbursement of normal and customary real estate commissions and any miscellaneous closing costs that are normally the seller’s responsibility.
Sample 1
Sale of Residence. When working with a Transferee to list their property for sale, I will provide a traditional full-service model, to fully market a home, including (but not limited to): a. Marketing advice, including research on listing and sales to establish a competitive and attractive list price. b. Suggestions on de-cluttering, de-personalizing, staging, repairing, showing the home to optimize its look, inside and out. c. Write a description of the property and amenities; d. List the property for sale to the public on MLS in addition to any other methods. e. Provide signage for the front yard and open houses, indicating how to contact the real estate office and Realtor®/Broker. f. Provide the seller with a real property condition disclosure (if required by law) and other necessary forms. g. Prepare the necessary papers describing the property and amenities for advertising, pamphlets, open houses, etc. h. Advertise the property. This includes advertising in local newspapers, and in the case of unique properties, in national newspapers. Advertising may also include social media and digital marketing. i. Ensure that all marketing incentives are clearly identified on the original or amended Property Listing Agreement and the Offer to Purchase Documents. j. Hold an open house to show the property. k. Serve as a contact available to answer any questions about the property and scheduling showing appointments. l. Provide the Transferee with feedback after all visits and open houses m. Negotiate a price on behalf of the sellers / Transferees. n. Act as a fiduciary for the seller, which may include preparing astandard real estate purchase contract. o. Present the Transferee all offers to purchase received and provide guidance and recommendations on negotiations in accordance with agency law. p. Provide assurances that surveys are current. q. Forwarding instructions and all applicable documents to the lawyer/notary handling the transaction, upon a successful sale of the Transferee’s property r. When applicable, holding an xxxxxxx payment cheque in escrow from the buyer(s), until the closing (if necessary).
Sample 1
Sale of Residence. Payment of the following expenses incidental to the sale of the your New Jersey home will be compensated: 1. Realtor commission/Broker fee up to 5% of sale price of home. 2. Appraisal, credit report and survey when required by law or mortgage holder. 3. Mortgagee's title policy, abstract or title guarantee. 4. Recording of mortgage and deed. 5. Local mortgage tax. 6. Reasonable attorney fees consistent with local requirements limited to $300.00. 7. Transfer fees up to $2.00 per thousand dollars of selling price. 8. Title insurance up to $3.50 per thousand dollars of selling price. 9. Deed preparation up to $35.00. 10. Gas and termite inspection up to $90.00. 11. Septic/well inspection up to $100.00. 12. Home warranty up to $300.00. The following expenses are not reimbursable by the Company: - Full or pro-rated hazard insurance - Property taxes/aggregate escrow reserve - Interest charges - Home owner association dues - Loan origination fees/mortgage related points
Sample 1
Sale of Residence. A relocating homeowner employee has the option of either selling his/her house to a third party relocation service or selling his/her house independently (with or without the aid of a real estate broker). This section applies to the employee's primary residence only, and does not apply to vacation homes, income or investment property, or mobile homes.
Sample 1
Sale of Residence. The Company shall have conveyed its entire right, title and interest in the residence at 000 Xxxxxxxxxx Xxxxx, Xxxxxxxxxxx, Xxxxxxx, to one or more of the Shareholders or their designee, by quitclaim deed, on an "as is" basis; and, in exchange therefor, the Company shall have received US $227,500 in cash.
Sample 1
Sale of Residence. Sale of a Member's Residence shall be subject to any Deposited Vacations. Additionally, a purchaser of the Member's Residence shall be entitled to any rights a Member may have to accept a Deposited Vacation subject to the payment of the Exchange Fee and the terms and conditions of the Exchange Program. However, because Membership in the Exchange Program is non-transferable, the purchaser must become a Member of the Exchange Program.
Sample 1
Sale of Residence. If you sell your residence, you warrant to inform the purchaser that the Equipment is rented pursuant to this Agreement and that this Agreement may either be assumed or bought out. You authorize GHL to respond to information requests relating to your account made by or on behalf of the purchaser. You shall contact GHL to inform us of any proposed assignment and you and the purchaser shall undertake all acts and provide and sign all documents as may be required giving effect to the assignment or purchase of this Agreement to the purchaser. If this Agreement is not bought out or assumed by purchaser in full and at any closing, for any reason, you shall remain solely obligated under the terms of this Agreement.
Sample 1
Sale of Residence. The following expenses will be reimbursed, provided the house or apartment is your principal place of residence.
Sample 1

Related to Sale of Residence

  • Sale of Units On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, you agree to sell the Units on a “best efforts” basis, as agent for the Fund. You are authorized to enlist other members of FINRA (“Soliciting Dealers”), acceptable to the Fund, to sell the Units. As compensation for these services, the Fund agrees that it will pay you a selling commission in an amount equal to 9% of the offering price of the Units sold pursuant to the terms of this Agreement, from which you may reallow a dealer commission of up to 7.5% of such offering price. In addition to such selling commissions, the Fund or the Manager will pay or reimburse to you or participating broker dealers an amount up to 1% of the Gross Proceeds as additional selling compensation in the form of underwriters’ expenses borne by the Fund, the Manager or their affiliates, as described in the following paragraph. You will pay wholesaling compensation to your personnel out of the selling commissions you will receive hereunder. Aggregate selling compensation paid in connection with the offering, will not exceed a total equal to 10% of the Gross Proceeds. It is understood that the Fund may pay or reimburse you and participating dealers a portion of their “underwriters’ expenses” incurred in connection with the offering, and the Fund, the Manager or their Affiliates may bear certain other expenses directly that may be deemed “underwriters’ expenses.” These underwriters’ expenses include amounts paid by the Fund, the Manager or its Affiliates to you and participating broker dealers relating to sales seminar costs and expenses; advertising and promotion expenses; travel, food and lodging costs; telephone expenses; and an allocable portion of any of your salary expenses and legal fees borne by the Manager or its Affiliates. All of such amounts paid to you or participating broker dealers, all underwriters’ expenses borne on behalf of you or any participating broker dealer by the Fund or any other party on its behalf, and all selling commissions are together deemed “underwriting compensation” paid in connection with the offering. The total of all underwriting compensation, including sales commissions, wholesaling salaries and commissions, retail and wholesaling expense reimbursements, seminar expenses and any other underwriters’ expenses or other forms of compensation paid to or for you or participating broker-dealers, will not exceed 10% of the Gross Proceeds. In addition to such selling compensation, the Fund may reimburse the Soliciting Dealers for their bona fide and accountable expenses for due diligence purposes; provided, however, that any such payment or reimbursement will be made only upon presentation of detailed, itemized invoices for such bona fide due diligence expenses. Bona fide due diligence expenses will include actual costs incurred by broker-dealers to review the business, financial statements, transactions, and investments of ATEL and its prior programs to determine the accuracy and completeness of information provided in the Prospectus, the suitability of the investment for their clients and the integrity and management expertise of ATEL and its personnel. Costs may include telephone, postage and similar communication costs incurred in communicating with ATEL personnel, and ATEL’s outside accountants and counsel in this pursuit; travel and lodging costs incurred in visiting the ATEL offices, reviewing ATEL’s books and records and interviewing key ATEL personnel; the cost of outside counsel, accountants and other due diligence investigation specialists engaged by the broker-dealer; and the internal costs of time and materials expended by broker-dealer personnel in this due diligence effort. ATEL will require full itemized documentation of any claimed due diligence expenditure and will determine whether the expenditure can be fairly allocated to bona fide due diligence investigation before permitting reimbursement. Notwithstanding the foregoing, however, it is understood and agreed that the Manager has reserved the right to accept or reject any subscriptions for Units as set forth in the Prospectus and no selling commission will be payable to you or any of the Soliciting Dealers with respect to the tender of any Subscription Agreement which is rejected by you or the Manager as aforesaid. Furthermore, no subscription will be deemed binding until at least five days following delivery of a Prospectus. The Fund further agrees that it will pay the foregoing selling commission with respect to the purchase price of each of the Units upon the Manager’s acceptance of the order for such Units; provided, however, that none of such commissions will be payable or paid until release to the Fund from the escrow account in which they are to be deposited of proceeds from subscriptions for a minimum of 120,000 Units. It is understood and agreed that you may, in your discretion, permit you, the Manager, a Soliciting Dealer or any Affiliate or employee of any of the foregoing or certain clients of registered investment advisors to purchase Units net of the 7.5% retail selling commissions at a per Unit price of $9.25, as more specifically described in the Prospectus under “Plan of Distribution—Investments by Certain Persons.” Any such sale of Units net of retail commissions to you, the Manager, a Soliciting Dealer or any Affiliate or employee of such person will only be made if and to the extent that any Soliciting Dealer which would otherwise be entitled to a selling commission on any such transaction agrees to such rebate.

  • Sale of Business If the Employer sells the business, they shall inform the other person or employer buying the business that there is an existing Collective Agreement in effect, and that as a condition of any such sale, the other person or employer buying the business shall assume all responsibilities and obligations accruing by virtue of the Collective Agreement, and that the other person or employer buying the business shall agree to continue to operate the business in the City of Winnipeg.

  • Sale of Stock Subject to the terms and conditions of this Agreement, ------------- on the Purchase Date (as defined below) the Company will issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, 960,000 shares of the Company's Common Stock (the "Shares") at a purchase price of $0.01 per Share ------ for a total purchase price of $9,600.00. The term "Shares" refers to the purchased Shares and all securities received in replacement of or in connection with the Shares pursuant to stock dividends or splits, all securities received in replacement of the Shares in a recapitalization, merger, reorganization, exchange or the like, and all new, substituted or additional securities or other properties to which Purchaser is entitled by reason of Purchaser's ownership of the Shares.

  • Purchase and Sale of the Units At the Closing, upon the terms and subject to the conditions set forth in this Agreement, the Seller shall sell, assign, transfer, deliver and convey to the Buyer, free and clear of any Liens, and the Buyer shall purchase, accept and acquire from the Seller, the Units.

  • Sale of Shares to Affiliates You may sell our Shares at net asset value to certain of your and our affiliated persons pursuant to the applicable provisions of the Federal securities statutes and rules or regulations thereunder (the “Rules and Regulations”), including Rule 22d-1 under the 1940 Act, as amended from time to time.

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

  • Purchase or Sale of Partnership Interests The General Partner may cause the Partnership to purchase or otherwise acquire Partnership Interests or Derivative Partnership Interests. As long as Partnership Interests are held by any Group Member, such Partnership Interests shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Interests for its own account, subject to the provisions of Articles IV and X.

  • Sale of the Shares Upon execution of this Agreement (the “Closing”), subject to the terms and conditions herein set forth, and on the basis of the representations, warranties and agreements herein contained, SELLER shall sell to PURCHASER, and PURCHASER shall purchase from SELLER, the Shares.

  • Sale of Shares by the Fund Unless you are otherwise notified by the Fund, any right granted to you to accept orders for Shares or to make sales on behalf of the Fund or to purchase Shares for resale will not apply to (i) Shares issued in connection with the merger or consolidation of any other investment company with the Fund or its acquisition, by purchase or otherwise, of all or substantially all of the assets of any investment company or substantially all the outstanding shares of any such company, and (ii) to Shares that may be offered by the Fund to shareholders of the Fund by virtue of their being such shareholders.

  • Purchase and Sale of Units The Purchaser hereby subscribes for and purchases from the Company, and the Company hereby issues and sells to the Purchaser, 25,000 units (the “Initial Units”) at a purchase price of approximately $.003478 per Initial Unit for an aggregate purchase price of $86.95. Each Initial Unit consists of one share of Common Stock and one warrant (an “Initial Warrant”) to purchase one additional share of Common Stock for $6.00 in accordance with the terms of the Warrant Agreement to be entered into by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, which shall be substantially in the form attached hereto as Exhibit A (the “Warrant Agreement”). The Initial Units, together with the underlying Common Stock and the Initial Warrants, are referred to herein as the “Securities.”

Most Referenced Clauses

Most Referenced Definitions