Common use of Seller and Buyer Clause in Contracts

Seller and Buyer. each (a) has agreed to permit the use from time to time, where appropriate, of telecopy signatures in order to expedite the transaction contemplated by this Agreement, (b) intends to be bound by its respective telecopy signature, (c) is aware that the other will rely on the telecopied signature, and (d) acknowledges such reliance and waives any defenses to the enforcement of this Agreement and the documents affecting the transaction contemplated by this Agreement based on the fact that a signature was sent by telecopy only.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.), Purchase and Sale Agreement (Arena Pharmaceuticals Inc)

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Seller and Buyer. each (a) has agreed to permit the use from time to time, where appropriate, of telecopy signatures in order to expedite the transaction -34- 39 contemplated by this Agreement, (b) intends to be bound by its respective telecopy signature, (c) is aware that the other will rely on the telecopied signature, and (d) acknowledges such reliance and waives any defenses to the enforcement of this Agreement and the documents affecting the transaction contemplated by this Agreement based on the fact that a signature was sent by telecopy only.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Agilent Technologies Inc)

Seller and Buyer. each (ai) has agreed to permit the use from time to time, where appropriate, of telecopy signatures in order to expedite the transaction contemplated by this Agreement, (bii) intends to be bound by its respective telecopy signature, (ciii) is aware that the other will rely on the telecopied signature, and (div) acknowledges such reliance and waives any defenses to the enforcement of this Agreement and the documents affecting the transaction contemplated by this Agreement based on the fact that a signature was sent by telecopy only.

Appears in 1 contract

Samples: Purchase and Sale Agreement (BioMed Realty Trust Inc)

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Seller and Buyer. each (a) has agreed to permit the use from time to time, where appropriate, of telecopy or other electronic signatures in order to expedite the transaction contemplated by this Agreement, (b) intends to be bound by its respective telecopy or other electronic signature, (c) is aware that the other will rely on the telecopied or other electronically transmitted signature, and (d) acknowledges such reliance and waives any defenses to the enforcement of this Agreement and the documents affecting the transaction contemplated by this Agreement based on the fact that a signature was sent by telecopy or electronic transmission only.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Netreit, Inc.)

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