Seller’s Acknowledgement. It is expressly acknowledged and agreed by Seller that Buyer has no intention of assuming, and does not and will not, in any way, assume, undertake, agree to perform or accept responsibility for any debts, liabilities or obligations of Seller of any kind whatsoever, whether absolute, contingent or otherwise, known or unknown, pending or threatened, concerning the Property or otherwise, other than liabilities and obligations that Buyer expressly assumes under the terms of this Contract or under any of the documents executed by Buyer at the Closing, including the Existing Contracts and the New Contracts. Seller shall remain fully and solely responsible for the satisfaction of all of Seller’s own liabilities and obligations, absolute, contingent or otherwise, known or unknown, liquidated or unliquidated, pending or threatened, whether incurred before or after the Closing Date, except as aforesaid. Likewise, Seller shall not assume or be liable for any liabilities of Buyer from and after the date of Closing, and Buyer shall remain fully and solely responsible and liable for the same.
Seller’s Acknowledgement. The Seller, having received and read both this Agreement and the “Working With A REALTOR®” brochure, and having been given the opportunity to request further information concerning this Agreement andthe representation relationships described in the “Working With A REALTOR®” brochure, agrees that:
Seller’s Acknowledgement. This Agreement is made for purchase and placement of the Acquired Shares into a European bank SICAV fund. This Agreement is made with the express provision that the shares will be deposited in the fund in a secured manner for asset valuation of the fund, and then the Seller will be paid after that valuation by the Purchaser from the received monies from the receipt of the SICAV shares which the Purchaser receives for the Acquired Shares and shares of other companies which make the total asset base deposited into the SICAV. This is not an immediate funding, and the Seller recognizes the time lines set forth in this Agreement for deposit, valuation and payment of the Purchase Price through the intermediary depository bank and intermediary Purchaser, once the valuation and repurchase of the Acquired Shares is made. This is not a fully escrowed exchange with no escrow agent, and is dependent upon valuation and deposit before funding occurs; however, if the funding does not occur within the time frames set forth in Section 3.14 of this Agreement, Purchaser shall cause the depositing bank administrator to promptly return the Acquired Shares to the Seller. The Seller shall have the ability to contact the depositing bank administrator for verification of share status, location and control at each step of the process. While the Purchaser expects the ability to pay the Purchase Price within fifteen (15) to twenty (20) days from the date of this Agreement, the Purchaser reserves the right to pay the Purchase Price within thirty (30) days of this Agreement. The particular expected time line and transaction sequence is set forth in Appendix A of this Agreement.
Seller’s Acknowledgement. It is expressly acknowledged and agreed by Seller that Purchaser has no intention of assuming, and does not and will not, in any way, assume, undertake, agree to perform or accept responsibility for any debts, liabilities or obligations of Seller of any kind whatsoever, whether absolute, contingent or otherwise, known or unknown, pending or threatened, concerning the Property or otherwise, other than liabilities and obligations that Purchaser expressly assumes under the terms of this Agreement or under any of the documents executed by Purchaser at the Closing. Seller shall remain fully and solely responsible for the satisfaction of all of Seller’s own liabilities and obligations, absolute, contingent or otherwise, known or unknown, liquidated or unliquidated, pending or threatened, whether incurred before or after the Closing Date, except as aforesaid. Likewise, Seller shall not assume or be liable for any liabilities of Purchaser from and after the date of Closing, and Purchaser shall remain fully and solely responsible and liable for the same.
Seller’s Acknowledgement. Each Seller agrees and acknowledges that in order to assure that the Purchased Assets will retain their value it is necessary that each Seller and its Affiliates undertake not to utilize their present special knowledge of the Retail Business to compete with Buyer and the Retail Business during the Restricted Period (as defined below) after the Closing except as expressly permitted herein. Each Seller further acknowledges that: (i) Buyer has been and/or will be engaged in business similar to and competitive with the Retail Business; (ii) Sellers and their Affiliates possess extensive knowledge and a unique understanding of the Retail Business as well as confidential information concerning the Retail Business; (iii) the agreements and covenants contained in this Section 6.1 are essential to protect Buyer and the value and goodwill of the Purchased Assets and are a material inducement and condition precedent to Buyer’s willingness to enter into this Agreement and pay for the Purchased Assets; and (iv) Buyer may be irreparably damaged if any Seller or their Affiliates were to provide services or any products to any Person in violation of the provisions of this Section 6.1.
Seller’s Acknowledgement. EACH SELLER ACKNOWLEDGES THAT PURCHASER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING PURCHASER, ITS ASSETS OR ITS BUSINESS OTHER THAN AS EXPRESSLY SET FORTH IN ARTICLE 3 HEREOF AND THAT PURCHASER EXPRESSLY DISCLAIMS ALL OTHER REPRESENTATIONS AND WARRANTIES, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
Seller’s Acknowledgement. Seller acknowledges that they/he/she has read this contract and the information contained herein is true and accurate, to the best of his/her knowledge, and they/he/she has received a copy of this contract in its completed form.
Seller’s Acknowledgement. Seller has read this agreement and acknowledges receipt of a copy. SELLER: Date: (Print name as you want it to appear on documents) (Print name as you want it to appear on documents) Seller(s) Address: Seller(s) Phone: _ Seller(s) Marital Status: Seller(s) E-mail Address: _ Purchase Agreement Buyers Initials Sellers Initials EXHIBIT A TO PURCHASE AGREEMENT Legal Description of Premises Purchase Agreement Buyers Initials Sellers Initials SELLER DISCLOSURE ACT (EXCERPT) Act 92 of 1993 565.957 Disclosure; form. Sec. 7. (1) The disclosures required by this act shall be made on the following form: SELLER'S DISCLOSURE STATEMENT Property Address: Street Michigan City, Village, or Township Purpose of Statement: This statement is a disclosure of the condition of the property in compliance with the seller disclosure act. This statement is a disclosure of the condition and information concerning the property, known by the seller. Unless otherwise advised, the seller does not possess any expertise in construction, architecture, engineering, or any other specific area related to the construction or condition of the improvements on the property or the land. Also, unless otherwise advised, the seller has not conducted any inspection of generally inaccessible areas such as the foundation or roof. This statement is not a warranty of any kind by the seller or by any agent representing the seller in this transaction, and is not a substitute for any inspections or warranties the buyer may wish to obtain. Seller's Disclosure: The seller discloses the following information with the knowledge that even though this is not a warranty, the seller specifically makes the following representations based on the seller's knowledge at the signing of this document. Upon receiving this statement from the seller, the seller's agent is required to provide a copy to the buyer or the agent of the buyer. The seller authorizes its agent(s) to provide a copy of this statement to any prospective buyer in connection with any actual or anticipated sale of property. The following are representations made solely by the seller and are not the representations of the seller's agent(s), if any. THIS INFORMATION IS A DISCLOSURE ONLY AND IS NOT INTENDED TO BE A PART OF ANY CONTRACT BETWEEN BUYER AND SELLER.
Seller’s Acknowledgement. Seller has read this agreement and acknowledges receipt of a copy. Seller: Date: (Print name as you want it to appear on documents) EXHIBIT A TO PURCHASE AGREEMENT
Seller’s Acknowledgement. The Seller acknowledges and agrees that to the maximum extent permitted by Law, it will not make and waives any right it may have to make any Claim against the Buyer, the Guarantor or any of their Representatives under any provision of the Australian Competition and Consumer Xxx 0000 (Cwlth) or the corresponding provision of any other Commonwealth, state or territory enactment, for any statement or representation concerning the Buyer or the Guarantor.
