The Purchaser shall Sample Clauses

The Purchaser shall. 2.1 Maintain the Project in general and the Building where the Flat is situate for the purposes, with the intent and object for which the same is constructed. 2.2 Assist the Developer to form the Association of Flat Acquirers, if the Developer so desires and strictly abide by all the Rules and Regulations of the Association so formed. 2.3 Co-operate and assist in all manner with the Developer/FMC/Association, as the case may be, in carrying out its day to day activities and obligations and, in particular, abide by, observe and/or perform all the relevant laws, terms, conditions, rules and regulations regarding usage and/or operation of water, electricity, drainage, sewerage, lifts, tube xxxxx, generator and/or other installations and/or amenities in the Building, Project and its service zone including without limitation those under the West Bengal Fire Service Act, 1974 and/or the rules made thereunder, and shall indemnify and keep the Developer/FMC/Association, as the case may be, saved, harmless and indemnified from and against all losses, damages, costs, claims, demands, actions and/or proceedings that the Developer/FMC/Association, as the case may be, may suffer or incur due to any non-abidance, non-observance, non-performance, default or negligence on the part of the Purchaser. 2.4 Maintain, at their own costs, the Flat in the same good condition, state and order in which the same is be delivered to him/her/it, normal wear and tear accepted. 2.5 Abide by and/or comply with all statutory laws, bye-laws, rules, regulations and/or restrictions that are to be abided by or complied with by the owners and occupiers of multi storied buildings in the state of West Bengal, including relevant laws with respect to maintenance of mandatory open spaces. 2.6 Pay regularly and punctually every month and month by month, the common area maintenance charges at such rates as may be decided, determined and apportioned by the Developer to the Developer and upon the formation of the Association to such Association, without any abatement or demand, payable with effect from the day month and year first above written in the possession letter. NOTWITHSTANDING anything included or not included within the scope of this clause but in the opinion of the Developer and/or Association or Facility Management Company are issues or subject matters of common interest, the Purchaser undertakes not to oppose the decisions taken by the Developer and/or Association or Facility Management Com...
Sample 1
The Purchaser shall. 6.1.4.1 pay the amount of Pounds 175,000 as provided by Clause 3 (payment to be made by way of banker's draft or telegraphic transfer to the Vendors' whose receipt shall be an absolute discharge and the Purchaser shall not be concerned with the allocation or distribution amongst the Vendors of any sum paid by way of consideration hereunder); and 6.1.4.2 deliver to the Vendors a counterpart of the Deed of Indemnity duly executed by the Purchaser and the Company; 6.1.4.3 deliver to the Vendors the Supply Agreement in the approved form signed by its affiliate Chemical Fabrics Europe.
Sample 1
The Purchaser shall. (a) in satisfaction of its obligations under Clause 4.1, pay the Share Purchase Price less the Escrow Sum by electronic funds transfer for value on the Completion Date to such bank account(s) as shall be notified by the Sellers to the Purchaser prior to Completion; (b) pay the Escrow Sum to the Escrow Agent by electronic funds transfer to the Escrow Agent's bank account"; (c) deliver to the Sellers a copy of the Escrow Agreement duly executed by the Purchaser;
Sample 1
The Purchaser shall. 9.1.4.1 abide by and adhere to the Memorandum of Incorporation, the Estate Rules and the Architectural Guidelines; 9.1.4.2 pay the amounts levied by the Home Owners Association in terms of the Memorandum of Incorporation. The Levy shall become payable on the Date of Transfer; 9.1.4.3 perform all the obligations laid out in the Memorandum of Incorporation, Estate Rules and Architectural Guidelines. Should the Home Owners Association request the Purchaser at any time to rectify any breach, the Purchaser acknowledges and agrees that the Home Owners Association will be entitled to rectify such breach on the Purchaser's behalf and claim such costs incurred in respect thereof from the Purchaser and also to issue any fine as the Home Owners Association may deem proper in any circumstances which costs and/or fine will be paid by the Purchaser within 7 (seven) days of being notified thereof. [Note: The Purchaser by the Purchaser’s initials at the place provided therefore at the foot of this 9.1.4.3 hereby acknowledges having read and understood the provisions of 9.1.4.3.]
Sample 1
The Purchaser shall. 7.1.2.1 deliver to the Vendor a certified copy of a resolution of the board of directors of the Purchaser approving the purchase of the Business on the terms of this Agreement and authorising the execution of this Agreement by Mr. Xxx Xxxxxxxx for and on behalf of the Purchaser; 7.1.2.2 deliver to the Vendor a duly executed copy of the Assignment of Lease; and 7.1.2.3 pay to the Vendor an amount equivalent to the amount paid by the Vendor to the Landlord as a deposit in respect of the Leased Premises.
Sample 1
The Purchaser shall. 5.1.1 notify the Covenantors in writing of any Claim which comes to its notice; and 5.1.2 where a time limit for appeal applies to the Claim, give notification as soon as reasonably possible after the date on which the Claim comes to the notice of the Purchaser and in no case later than 10 days before the later of 5 business days after the Purchaser becomes aware of the Claim and the latest date for making an appeal expires but, where no time limit applies or the period to which the limit relates has not commenced, the notification shall be given within 60 days of the Purchaser becoming aware of the relevant Claim; PROVIDED THAT the giving of such notice shall not be a condition precedent to the liability of the Covenantors under this Deed.
Sample 1
The Purchaser shall. 1.1. Pay the proportionate Common Expenses mentioned in Part-IV of this Schedule and also the respective shares of Maintenance Charges, levies, taxes and all other outgoings related to the Composite Unit, the tower-I and the Complex within 7th of every month if the amount is already known to the Purchaser or else within 7 (seven) days of being called upon to do so. 1.2. Keep the Unit and the Parking Space and every part thereof and all fixtures and fittings therein properly painted and in good repairs and in a neat, clean and decent condition and Use the Common Portions for the purpose for which it is meant unless otherwise approved by the Vendor / Association. 1.3. Sign such forms, give such authorities and render such co-operation as may be required by the Vendor and/or the Association for common purposes and/or in the common interest and/or in way in pursuance thereof.
Sample 1

Related to The Purchaser shall

  • The Purchaser is not an employee benefit or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan within the meaning of the Department of Labor ("DOL") regulation at 29 C.F.R. ss.2510.3-101; or

  • Buyer Buyer is responsible to provide clear instructions, approvals and timely payments for the services availed

  • Purchaser The signatory party to this Contract other than the Administrator. Purchaser is also defined to include employees and agents of the Purchaser authorized to conduct activities as required for execution of the timber sale Contract. As an independent contractor, neither the Purchaser, its employees or agents are considered employees of the State of Montana pursuant to work performed under this Contract.

  • The Buyer is not an employee benefit or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code") (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan; or

  • SELLERS s/ Xxx Xxxxxx ------------------------------------ Xxx Xxxxxx

  • Prior to Closing As used herein, “Compensation” shall mean the direct salaries and wages and other aggregate compensation paid to or accrued for the benefit of any employee together with all fringe benefits payable to or accrued for the benefit of such employee as to which the employer is responsible, including, without limitation, employer contributions under F.I.C.A., fringe benefits, annual bonuses, unemployment compensation or other employment taxes, pension fund contributions, vacation pay, sick leave, worker’s compensation, group life and accidental and health premiums, and pension or profit sharing, retirement, disability and other similar benefits. Purchaser shall be responsible for and shall pay (i) all Compensation with respect to the operations of the Property on and after the date of Closing and (ii) all Compensation which is accrued but not payable as of the Closing and for which Purchaser is credited at Closing. For these purposes, vacation benefits, sick leave, annual bonuses and related payroll expenses of Hotel Employees (the “Supplemental Employee Expenses”) as of the Closing shall be treated as accrued and subject to proration solely (A) if vested and not subject to expiration if not used or termination in the event of the employee’s departure or (B) to the extent of 70% of any such accrued Supplemental Employee Expenses subject to later vesting or expiration if not used or termination in the event of the employee’s departure. With respect to accrued bonuses for 2006, Seller’s pro-rated share at Closing shall be based upon Operator’s reasonable estimate of the bonuses to be paid to such Hotel Employees for 2006. No later than March 31, 2007, or earlier upon the mutual agreement of the parties, the parties shall adjust Seller’s pro-rated share of the bonuses paid to the Hotel Employees for 2006 based upon the actual amounts of such bonuses (as shown by such supporting documentation as may be reasonably required by either party), and Purchaser or Seller, as the case may be, shall make such additional payment or refund as shall be required by such adjustment. Purchaser acknowledges that the New HMA shall initially afford the Hotel Employees continuation of all rights under Operator’s existing Section 401(k) plans and health care plans, as previously afforded under the Current HMA.

  • At Closing (1) Seller shall execute and deliver a general warranty deed conveying title to the Property to Buyer and showing no additional exceptions to those permitted in Paragraph 6 and furnish tax statements or certificates showing no delinquent taxes on the Property. (2) Buyer shall pay the Sales Price in good funds acceptable to the escrow agent. (3) Seller and Xxxxx shall execute and deliver any notices, statements, certificates, affidavits, releases, loan documents and other documents reasonably required for the closing of the sale and the issuance of the Title Policy. (4) There will be no liens, assessments, or security interests against the Property which will not be satisfied out of the sales proceeds unless securing the payment of any loans assumed by Buyer and assumed loans will not be in default.

  • Sellers’ Representative By execution of this Agreement, the Sellers hereby irrevocably and unconditionally appoint Nephron Pharmaceuticals Corporation as the Sellers’ Representative of all Sellers, as the attorney-in-fact for and on behalf of each such Seller, and irrevocably agree that the taking by the Sellers’ Representative of any and all actions and the making of any decisions required or permitted to be taken by it or by a Seller under this Agreement or any Transaction Documents to which the Sellers are a party are hereby authorized and approved in all respects, including without limitation the exercise of the power to (i) receive from Buyer and disburse to Sellers any payments constituting any part of the Purchase Price and receive and disburse from and to any Party or any Third Party which may be contemplated to be made under the Transaction Documents, (ii) agree to, negotiate, enter into settlements and compromises of and comply with orders of courts with respect to any indemnification claims or disputes, (iii) resolve any indemnification claims or disputes, and (iv) take all actions necessary in the judgment of the Sellers’ Representative for the accomplishment of the other terms, conditions and limitations of this Agreement and the Transaction Documents. The Sellers’ Representative has authority and power to act on behalf of the Sellers with respect to this Agreement and the other Transaction Documents and the disposition, settlement or other handling of all indemnification claims, rights or obligations arising from and taken pursuant to this Agreement and the other Transaction Documents. The Sellers irrevocably agree to be bound by all and any such actions taken by the Sellers’ Representative in connection with this Agreement and the other Transaction Documents to which the Sellers are a party, and Sellers and Buyer shall only be required to acknowledge or act upon written communication signed by the Sellers’ Representative. Each Seller agrees that he, she or it has not, and will not, threaten or commence or join any legal action, which term includes, without limitation, any demand for arbitration proceedings and any complaint to any foreign, federal, state or local agency, court or other tribunal, to assert any claim against the Sellers’ Representative or its advisors for acting in such capacity with respect to this Agreement or the other Transaction Documents. If any Seller commences or joins any such prohibited legal action against the Sellers’ Representative, such Seller agrees to promptly indemnify Sellers’ Representative and advisers of Sellers’ Representative for all losses, liabilities, reasonable costs or expenses, including without limitation all reasonable fees, disbursements and other charges of attorneys incurred by Sellers’ Representative and/or its advisers in defending such action as well as any monetary judgment obtained against the Sellers’ Representative in such action. The Sellers’ Representative may resign at any time upon 30 days written notice to the Sellers.

  • Seller and Buyer May Affirm or Terminate

  • Seller For each Mortgage Loan, the seller of such Mortgage Loan pursuant to the Mortgage Loan Purchase Agreement.