Terms of Sale. The Purchase Price for all Partnership Interests purchased pursuant to Section 8.5 or Section 8.6 shall be paid at the Closing in immediately available United States funds; provided, however:
(a) If the purchaser is the Partnership, the Partnership, at its election and after consultation with counsel, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows:
(i) to the extent that the Partnership elects to pay the Purchase Price in Class A Shares, the Partnership shall deliver to the Selling Partner or Former Partner such number of Class A Shares as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares, divided by (B) the Applicable Class A Closing Price Average; provided, however, that if the Partnership owns Class A Shares of more than one Company, the Partnership must deliver Class A Shares of each such Company in the same proportion as the Partnership’s ownership of Class A Shares of such Companies prior to such purchase; and
(ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares.
(b) If the purchaser is a Partner, such Partner, at its election, may pay its portion of the Purchase Price in Class A Shares (if any), immediately available United States funds, or any combination of such consideration as follows:
(i) to the extent that the Partner elects to pay the Purchase Price in Class A Shares of a Company, such Partner shall deliver to the Selling Partner or Former Partner such number of Class A Shares of that Company as shall be equal to the quotient of (A) the portion of the Purchase Price payable in Class A Shares of that Company, divided by (B) the Applicable Class A Closing Price Average (and the Partner may pay with Class A Shares of more than one Company in which event this calculation shall be made with respect to the Class A Shares of each Company whose Class A Shares are being used for payment); and
(ii) immediately available United States funds equal to that portion of the Purchase Price not paid by delivery of Class A Shares.
Terms of Sale. The purchase price for the Notes to the Underwriters will be [ ]% of the aggregate principal amount of the Notes. The Underwriters will offer the Notes to the public at a price equal to [ ]% of the aggregate principal amount of the Notes.
Terms of Sale. All products and services sold by Us via this Website are sold in accordance with any terms of sale separately provided by User as otherwise specified in the Content related to such sales.
Terms of Sale. The purchase price for the Notes to the Underwriters will be 99.73190% of the aggregate principal amount of the Notes. The Underwriters will offer the Notes to the public at a price equal to 99.98190% of the aggregate principal amount of the Notes. Closing Date: November 15, 2023, or such other date as may be agreed upon in writing.
Terms of Sale. I/We agree that my/our bid and agreement to purchase tax-foreclosed real property shall be subject to the following Terms of Sale.
Terms of Sale. The Purchase Price for all Partnership Interests purchased pursuant to Section 8.4 or Section 8.5 shall be paid at the Closing in immediately available United States funds; provided, however:
Terms of Sale. A. This is a CASH SALE with a TEN PERCENT (10%) down payment based on the Total Contract Price for the Property.
B. A ten percent (10%) buyer’s premium will be added to the high bid price to determine the total contract price paid by the bidder.
C. All Property will be sold with a reserve and shall be, subject to Seller approval. Unless the reserve is met during the bidding, the Seller reserves the right to approve all high bids up to 48 hours after auction day. All high bids will remain binding and in full force until such time. Upon approval notification by Seller, Purchaser will be required to fully-execute the CONTRACT TO SELL (“Sales Contract”), together with all related Exhibits for such Property and returned to Auctioneer the same day. The 10% down payment will be due by next business day at 4:00pm CT with the balance due at closing within 30 days after fully executed Contract.
D. The down payment will be held in a non-interest-bearing escrow account by Metropolitan Title Agency (“closing agent”). (see Closing section 3).
E. This sale is not contingent upon the Purchaser’s ability to obtain financing.
F. The Property is selling AS IS, WHERE IS WITH ALL FAULTS AND WITH NO CONTINGENCIES. It is the Purchaser’s sole responsibility to be satisfied with the Property and verify any information deemed important PRIOR to bidding.
G. No credit cards will be accepted.
H. If for any reason the Purchaser fails or refuses to execute the Sales Contract and/or deposit the required funds immediately after being confirmed the Purchaser as outlined herein, the Seller will declare the Purchaser in default and reserves the right to declare the bidder’s rights forfeited and may resell the property. Seller reserves the right to seek specific performance. Purchaser also agrees to forfeit the registration amount which shall become a non-refundable, non-compliance fee.
I. The Property will be selling by existing legal description. Should Purchaser or Purchaser’s lender desire any additional survey work, it will be at Purchaser’s option and expense, and will not affect the closing. If an updated survey shows a greater or lesser amount of acreage, the Sales Contract price will not be adjusted.
J. The Property will be conveyed by Limited or Special Warranty Deed, free and clear of all liens caused or created by Seller subject to the terms and conditions relating to such liens contained in the Contract and the Title Commitment.
K. The Property is selling “AS IS” subject to, and ...
Terms of Sale. The purchase price for the Notes to the Underwriters will be [ ]% of the aggregate principal amount of the Notes. 1 Prospectus supplement and prospectus may be filed separately as a free writing prospectus or a preliminary prospectus. The Underwriters will offer the Notes to the public at a price equal to [ ]% of the aggregate principal amount of the Notes.
Terms of Sale. Borrower will, if required by EX-IM Bank or Bank, cause all sales of products on which the Credit Extensions are based to be supported by one or more irrevocable letters of credit in an amount and of matter, naming a beneficiary and issued by a financial institution acceptable to Bank and negotiated by Bank.