Sale Purchase Sample Clauses

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. (B) Settlement of the Initial Payment On the Closing Date, Funding shall pay to SLM ECFC the Initial Payment by wire transfer of immediately available funds to the account specified by SLM ECFC. (C) Interest Subsidy and Special Allowance Payments and Rebate Fees SLM ECFC shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on the Loans up to but not including the related Payment Cutoff Date, and shall be responsible for the payment of rebate fees, if any, applicable to Purchased Loans accruing up to but not including the related Payment Cutoff Date. The Interim Eligible Lender Trustee on behalf of Funding shall be entitled to all Special Allowance Payments and Interest Subsidy Payments on the Purchased Loans accruing from, and including, the related Payment Cutoff Date, and shall be responsible for the payment of any rebate fees applicable to Purchased Loans accruing from, and including, the Payment Cutoff Date.

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. (B) Settlement of the Initial Payment On the Closing Date, the Purchaser shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

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. (B) Settlement of the Initial Payment Funding on the date of the Xxxx of Sale shall pay Xxxxxx Xxx the Initial Payment by wire transfer of immediately available funds to the account specified by Xxxxxx Mae.

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 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. (B) Settlement of the Initial Payment Purchaser on the date of the Xxxx of Sale shall pay Seller the Initial Payment by wire transfer in immediately available funds to the account specified by Seller.

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 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. 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. Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase from Seller, upon the terms and conditions hereinafter set forth, the following (the "SHOPPING CENTER"): (i) all that certain plot, piece and parcel of land, consisting of approximately 13.24 acres, including an approximately 3 acre vacant parcel, located in the County of Collin in the State of Texas, described in EXHIBIT "A" annexed hereto and made a part hereof, together with all easements, rights of way, privileges, appurtenances and other rights, if any, pertaining thereto (collectively, the "LANDS"); (ii) all buildings and improvements located on the Lands and all of Seller's right, title and interest in and to any and all fixtures attached thereto (collectively, the "IMPROVEMENTS") comprising approximately 000,000 xxxxxx xxxx xx xxxxx xxxx; (iii) all equipment, machinery, apparatus and other articles of personal property, to the extent same is owned by Seller, located on the Lands and used in connection with the operation of the Improvements (collectively, the "PERSONAL PROPERTY"); (iv) to the extent assignable, and subject to the terms thereof, the Service Contracts (as hereinafter defined), except those Service Contracts which Purchaser shall elect not to assume, such election to be made by written notice delivered by Purchaser to Seller not later than the last day of the Due Diligence Period (as hereinafter defined), it being understood and agreed, anything in the foregoing to the contrary notwithstanding, that Purchaser shall be obligated at the Closing (as hereinafter defined) to accept an assignment of, and to assume, those Service Contracts, if any, more particularly described in PART 2 of Exhibit "E" annexed hereto and made a part hereof; (vii) to the extent assignable, and subject to the terms thereof, all licenses, franchises, permits, certificates of occupancy, authorizations and approvals used in or relating to the ownership, occupancy or operation of any part of the Improvements (the "PERMITS"); (viii) the Leases (as hereinafter defined); and (ix) to the extent assignable and subject to the terms thereof, all of the interest of Seller in any and all contracts, rights, warranties, guaranties and trade names (including the name "The Shops at Park Place") (collectively the "INTANGIBLE PROPERTY").

Sale Purchase. 3.1. The Seller sells to the Purchaser, who agrees to purchase the immovable property. 3.2. The agreement is subject to the approval of a bond, by a financial institution, to the value of the agreed purchase price.