The Porsche and Ford F-150 Sample Clauses

The Porsche and Ford F-150. Hurt shall sell the vehicles in an arm’s length transaction using his best efforts to sell the vehicles at the maximum price by the following dates: (a) within 21 days of the Effective Date of this Agreement for the 2021 Porsche Taycan vehicle; and (b) by the Surrender Date for the Ford F-150 vehicle. As of the Effective Date of the Agreement, Hurt shall provide the United States, the Trustee, or their agent(s) with the physical title for the Ford F-150 vehicle. Hurt will maintain insurance on the Ford F-150 vehicle and remains the legal owner of the Ford F-150 until sold. All advertisements, listings, marketing publications, and any offers for purchase will be forwarded to the undersigned counsel for review and approval by the United States. An offer must be approved by the United States, the Trustee, or their agent(s) prior to acceptance. The vehicles shall be sold to the approved buyer(s) within three (3) days after obtaining approval by the United States, the Trustee, or their agent(s). Hurt shall transfer the net proceeds from the sale to the United States, Trustee, or their agent(s) within one (1) business day after the sale pursuant to wire instructions provided by the Civil Division of the United States Department of Justice. If a vehicle is not sold before the Surrender Date, Hurt shall surrender all rights and claims to and turn over and relinquish the possession of the vehicle(s) to the United States, the Trustee, or their agent(s) for liquidation, and Hurt shall surrender the physical title to the vehicle(s).
Sample 1
AutoNDA by SimpleDocs

Related to The Porsche and Ford F-150

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • General All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

Time is Money Join Law Insider Premium to draft better contracts faster.