Sale Purchase. (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to a Purchase Agreement shall be consummated upon Funding's receipt from Xxxxxx Mae of the Xxxx of Sale and the payment by Funding to Xxxxxx Mae of the Initial Payment and the assignment to Xxxxxx Xxx of the Excess Distribution Certificate, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Sale. Xxxxxx Xxx and Funding shall use their best efforts to perform promptly their respective obligations pursuant to such Purchase Agreement.
Sale Purchase. (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to the Sale Agreement to be dated as of the Closing Date shall be consummated upon (i) the Purchaser’s receipt from the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller of the related Xxxx of Sale, (ii) the payment by the Purchaser to the Seller of the Initial Payment and (iii) the issuance to the Seller of the Excess Distribution Certificate. Upon consummation, such sale and purchase shall be effective as of the date of the Xxxx of Sale. The Seller and the Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to the Sale Agreement with respect to each Loan.
Sale Purchase. (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon Purchaser's receipt from the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller of the Xxxx of Sale and the payment by Purchaser to Seller of the Initial Payment and the issuance to the Seller of the Excess Distribution Certificate, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Sale. Seller and Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
Sale Purchase. Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase from Seller, upon the terms and conditions herein set forth, the following (collectively, the “Property”):
Sale Purchase. Subject to the terms and conditions set forth in this Agreement, Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase and acquire from Seller, the following:
Sale Purchase. In consideration of the mutual covenants and agreements hereinafter set forth, each Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase from Sellers, all of such Seller's right, title and interest in and to (a) those certain plots, pieces or parcels of land located in the Village of Rye Brook, Towns of Rye and Hxxxxxxx, County of Westchester and State of New York and partly in the Town of Greenwich, County of Fairfield and State of Connecticut, more particularly described on Exhibits "A-1" through "A-3" annexed hereto and made a part hereof (collectively, the "Land"); (b) all easements, rights of way, privileges, permits, governmental grants of authority, appurtenances and other rights pertaining thereto; (c) all buildings and improvements thereon (collectively, the "Buildings"), and all fixtures, machinery, personal property and equipment used in connection therewith which are owned by such Seller and currently located on the Land or in the Buildings, except trade fixtures and property owned by space or other tenants, if any; and (d) all right, title and interest, if any, of such Seller in and to any land lying in the bed of any street, road or avenue opened or proposed, public or private, in front of or adjoining the Land to the center line thereof (the Land, the Buildings and other rights, improvements and property heretofore mentioned being hereinafter collectively referred to as the "Property")(the portion of the Property on the Land described on Exhibit "A-1" is hereinafter referred to as "Phase 1", the portion of the Property on the Land described on Exhibit "A-2" is hereinafter referred to as "Phase 2", the portion of the Property on the Land described on Exhibit "A-3" is hereinafter referred to as "Phase 3") .
Sale Purchase. (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to the Purchase Agreement to be dated as of the Closing Date shall be consummated upon (i) Funding’s receipt from SLM ECFC of the related Xxxx of Sale, (ii) the payment by Funding to SLM ECFC of the Initial Payment and (iii) the assignment to SLM ECFC of the Excess Distribution Certificate. Upon consummation, such sale and purchase shall be effective as of the date of the Xxxx of Sale. SLM ECFC and Funding shall use their best efforts to perform promptly their respective obligations pursuant to such Purchase Agreement with respect to each Loan.
Sale Purchase. For the Purchase Price and subject to the terms and conditions hereof, Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase and take from Seller, all of Seller’s right, title and interest in and to the Property.
Sale Purchase. Subject to the Confirmations referenced in Section 6.2 and the other terms and conditions herein, during the Term, Producer shall sell and make available for Delivery to Gavilon, and Gavilon shall purchase and take Delivery of, one hundred percent (100%) of the Product produced at the Plant. All Product produced at the Plant shall be subject to the terms of this Agreement. Producer hereby represents and warrants that, as of the Commencement Date, it shall have no obligation or commitment to any third party with respect to the delivery or sale of Product, and that any and all such obligations and commitments that existed prior to the Commencement Date shall have been terminated or otherwise fulfilled without liability to any Party as of the Commencement Date.
Sale Purchase. (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to a Purchase Agreement shall be consummated upon (i) Funding’s receipt from SLMA of the Bxxx of Sale, (ii) the payment by Funding to SLMA of the Initial Payment and (iii) the assignment to SLMA of the Excess Distribution Certificate. Upon consummation, such sale and purchase shall be effective as of the date of the Bxxx of Sale. SLMA and Funding shall use their best efforts to perform promptly their respective obligations pursuant to the Purchase Agreement with respect to each Loan.