THE PURCHASER AGREES AS FOLLOWS Sample Clauses

THE PURCHASER AGREES AS FOLLOWS. (a) To purchase said land and pay the Seller the sum aforesaid, with the interest thereon as above provided. (b) To use, maintain and occupy said premises in accordance with any and all restrictions thereon. (c) To keep the premises in accordance with all police, sanitary and other regulations imposed by any governmental authority. (d) To pay all taxes and assessments hereafter levied on said premises before any penalty for nonpayment attaches thereto, and submit receipts to Seller upon request, as evidence of payment thereof; also at all times to keep the buildings now or hereafter on the premises insured against loss and damage, in manner and to an amount approved by the Seller, and to deliver the policies as issued to the Seller with the premiums fully paid. (e) To pay monthly in addition to the monthly payments herein before stipulated, the sum of DOLLARS, which is an estimate of the monthly cost of the taxes, assessments and insurance premiums for said premises, which shall be credited by the Seller on the unpaid principal balance due on the contract. If the Purchaser is not in default under the terms of this contract, the Seller shall pay for the Purchaser's account, the taxes, assessments and insurance premiums mentioned in Paragraph 2(d) above when due and before any penalty attaches, and submit receipts therefor to the Purchaser upon demand. The amounts so paid shall be added to the principal balance of this contract. The amount of the estimated monthly payment, under this paragraph, may be adjusted from time to time so that the amount received shall approximate the total sum required annually for taxes, assessments and insurance. This adjustment shall be made on demand of either of the parties and any deficiencies shall be paid by the Purchaser upon Seller's demand. (f) That he has examined a Title Insurance Commitment dated to covering the above described premises, and is satisfied with the marketability of the title shown thereby, and has examined the above described premises and is satisfied with the physical condition of any structures thereon. (g) To keep and maintain the premises and the buildings thereon in as good condition as they are at the date hereof and not to commit waste, remove or demolish any improvements thereon, or otherwise diminish the value of the Seller's security, without the written consent of the Seller.
Sample 1
AutoNDA by SimpleDocs
THE PURCHASER AGREES AS FOLLOWS. To purchase said land and pay the Seller the sum aforesaid, with the interest thereon as above provided.
Sample 1Sample 2
THE PURCHASER AGREES AS FOLLOWS. (a) To purchase said land and pay the Seller the sum aforesaid at the time the EDC transfers and conveys the premises to purchaser as defined by this agreement. (b) The following repairs shall be completed by purchaser: (1) Mechanical/heating and cooling: replace gas furnace system or certify in good working condition by licensed contractor.
Sample 1
THE PURCHASER AGREES AS FOLLOWS. (a) To purchase said land and pay the Seller the sum aforesaid at the time the EDC transfers and conveys the premises to purchaser as defined by this agreement. (b) The following repairs shall be completed by the purchaser: (1) Mechanical/heating and cooling: replace gas furnace system; replace unapproved gas shut off valves on furnace and hot water heater; obtain a mechanical permit at the cost of One Hundred Forty-Five and 00/100 ($145.00) Dollars. (2) Plumbing: basement drains show signs of a water back-up in drains; replace shower surround unit; obtain a plumbing reinspection permit at the cost of Sixty-Five and 00/100 ($65.00) Dollars. (3) Electrical: install two (2) grounding rods; 3-point bond with waterlines and gas line at hot water heater; repair light and conduit at rear of home; install smoke detectors in hallways and bedrooms; all 3 prong outlets must be grounded or replaced with 2 prong outlets; replace or repair all damaged lighting; obtain an electrical permit at the cost of One Hundred and 00/100 ($100.00) Dollars.
Sample 1
THE PURCHASER AGREES AS FOLLOWS. (a) To purchase the Property and pay the Seller the sum aforesaid, with the interest thereon as above provided. (b) To use, maintain and occupy the Property in accordance with any and all restrictions thereon. (c) To keep the Property in accordance with all police, sanitary and other regulations imposed by any governmental authority.
Sample 1
THE PURCHASER AGREES AS FOLLOWS. (a) To purchase said land and pay the Seller the sum aforesaid at the time the EDC transfers and conveys the premises to purchaser as defined by this agreement. (b) The following repairs shall be completed by purchaser: (1) Mechanical/heating and cooling: replace gas furnace system or certify in good working condition by licensed contractor; replace unapproved gas shut off valves on furnace, hot water heater, and gas stove; obtain mechanical permits at the cost of One Hundred Forty-Five and 00/100 ($145.00) Dollars.
Sample 1

Related to THE PURCHASER AGREES AS FOLLOWS

  • THE PARTIES AGREE AS FOLLOWS Subject to the context, the words and expressions used in this Agreement have the same meanings respectively as they have in and for the purpose of the Principal Agreement.

  • NOW THEREFORE THE PARTIES AGREE AS FOLLOWS The employee is paid 100% of their earnings during the working period.

  • NOW THIS AGREEMENT WITNESSETH AS FOLLOWS In this Agreement words and expressions shall have the same meanings as are respectively assigned to them in the Conditions of Contract referred to.

  • After the Agreement Effective Date After the Agreement Effective Date, the Trust will furnish to Ultimus any amendments to the items listed in Section 14.1.

  • NOW THEREFORE THE PARTIES AGREE TO THE FOLLOWING During the term of this agreement, if the proclamation of the above noted legislation results in additional costs for teachers or School Divisions, TEBA and the Association shall meet within sixty (60) days to discuss the appropriate apportionment of costs.

  • Amendments to the Equity Definitions (A) Section 11.2(a) of the Equity Definitions is hereby amended by deleting the words “a diluting or concentrative” and replacing them with the words “an”; and adding the phrase “or Warrants” at the end of the sentence. (B) Section 11.2(c) of the Equity Definitions is hereby amended by (x) replacing the words “a diluting or concentrative” with “an”, (y) adding the phrase “or Warrants” after the words “the relevant Shares” in the same sentence and (z) deleting the phrase “(provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares)” and replacing it with the phrase “(and, for the avoidance of doubt, adjustments may be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares).” (C) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “a diluting or concentrative” and replacing them with the word “a material”; and adding the phrase “or Warrants” at the end of the sentence. (D) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) deleting from the fourth line thereof the word “or” after the word “official” and inserting a comma therefor, and (2) deleting the semi-colon at the end of subsection (B) thereof and inserting the following words therefor “or (C) at Dealer’s option, the occurrence of any of the events specified in Section 5(a)(vii) (1) through (9) of the ISDA Master Agreement with respect to that Issuer.” (E) Section 12.9(b)(iv) of the Equity Definitions is hereby amended by:

  • AMENDING THE AGREEMENT 4.1 The Agreement may only be amended by a written agreement duly executed by the Parties.

  • Other Adjustments Pursuant to the Equity Definitions Notwithstanding anything to the contrary in this Confirmation, solely for the purpose of adjusting the Cap Price, the terms “Potential Adjustment Event,” “Merger Event,” and “Tender Offer” shall each have the meanings assigned to such term in the Equity Definitions (as amended by Section 10(i)(i)), and upon the occurrence of a Merger Date, the occurrence of a Tender Offer Date, or declaration by Counterparty of the terms of any Potential Adjustment Event, respectively, as such terms are defined in the Equity Definitions, the Calculation Agent shall determine in a commercially reasonable manner whether such occurrence or declaration, as applicable, has had a material economic effect on the Transactions and, if so, may, in its commercially reasonable discretion, adjust the Cap Price to preserve the fair value of the Options to Dealer; provided that in no event shall the Cap Price be less than the Strike Price; provided further that any adjustment to the Cap Price made pursuant to this Section 10(x) shall be made without duplication of any other adjustment hereunder (including, for the avoidance of doubt, adjustment made pursuant to the provisions opposite the captions “Method of Adjustment,” “Consequences of Merger Events / Tender Offers” and “Consequence of Announcement Events” in Section 3 above).

  • Conditions to Obligation of Each Party to Effect the Merger The respective obligations of each party to this Agreement to effect the Merger shall be subject to the fulfillment at or prior to the Effective Time of each of the following conditions:

  • Waiver of Past Events of Servicing Termination The Holders of Notes evidencing not less than 51% of the Note Balance of the Controlling Class may, on behalf of all Noteholders, waive any Event of Servicing Termination and its consequences, except an event resulting from the failure to make any required deposits to or payments from the Collection Account, the Note Payment Account, the Certificate Payment Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of an Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!