Title Transfer and Purchaser Acting through Agent or Multiple Purchasers Sample Clauses

Title Transfer and Purchaser Acting through Agent or Multiple Purchasers. At its sole option, the Vendor may direct the developer (subdivider) to transfer title on the Closing Date directly to the Purchaser in which case the Purchaser agrees to accept such direct transfer and further agrees to provide to the Vendor on the Closing Date a form or acknowledgment acknowledging and confirming that the dwelling purchased has not been constructed by the developer (subdivider) and that the developer (subdivider) is in no way responsible for the construction of the dwelling, grading of the Property or any matter related hereto and has no liability to the Purchaser with respect to the same. For greater certainty for the purposes of the foregoing the developer and/or subdivider is the registered owner of the Property, if the Vendor is not the registered owner, and/or the party who entered into obligations with the municipality for subdivision or servicing of the Property. The Purchaser agrees that any person who takes title to the Property as a beneficiary and/or pursuant to a Direction or Authorization signed by the Purchaser shall be deemed for all purposes to have signed this Agreement through the agency of the Purchaser, or to be the partner of the Purchaser, and to be jointly and severally bound by this Agreement. In doing so, the Purchaser acknowledges that this may result in the ineligibility for the Rebates (as defined and further described in Section2.7 of this Schedule “A” to this Agreement). Notwithstanding any other term in this Agreement, the Vendor may demand as a condition precedent to the Vendor's obligation to close, that any person referred to as a beneficiary and/or in a Direction or Authorization as a person to be named as a Transferee shall sign an Acknowledgement on the Vendor's form agreeing to be bound by this Agreement.
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Title Transfer and Purchaser Acting through Agent or Multiple Purchasers. At its sole option, the Vendor may direct the developer (subdivider) to transfer title to the Property on Closing directly to the Purchaser in which case the Purchaser agrees to accept such direct transfer and further agrees to provide to the Vendor on Closing a form or acknowledgment acknowledging and confirming that the dwelling purchased has not been constructed by the developer (subdivider) and that the developer (subdivider) is in no way responsible for the construction of the dwelling, grading of the Property or any matter related hereto and has no liability to the Purchaser with respect to the same. For greater certainty for the purposes of the foregoing the developer or subdivider is the registered owner of the Property, if the Vendor is not the registered owner, and/or the party who entered into obligations with the municipality for subdivision or servicing of the Property.
Sample 1

Related to Title Transfer and Purchaser Acting through Agent or Multiple Purchasers

  • THE PURCHASER AND PAYMENT OF PURCHASE PRICE 8.1 Immediately after the fall of the hammer and upon being declared the successful purchaser of the Property, the Purchaser shall execute the memorandum attached hereto (`the Memorandum’).

  • Investment Representations (i) The Purchaser is acquiring the Private Placement Warrants and, upon exercise of the Private Placement Warrants, the Shares issuable upon such exercise (collectively, the “Securities”), for the Purchaser’s own account, for investment purposes only and not with a view towards, or for resale in connection with, any public sale or distribution thereof.

  • Investment Representation The Holder hereby represents and covenants that (a) any share of Stock acquired upon the vesting of the Award will be acquired for investment and not with a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), unless such acquisition has been registered under the Securities Act and any applicable state securities laws; (b) any subsequent sale of any such shares shall be made either pursuant to an effective registration statement under the Securities Act and any applicable state securities laws, or pursuant to an exemption from registration under the Securities Act and such state securities laws; and (c) if requested by the Company, the Holder shall submit a written statement, in form satisfactory to the Company, to the effect that such representation (x) is true and correct as of the date of vesting of any shares of Stock hereunder or (y) is true and correct as of the date of any sale of any such share, as applicable. As a further condition precedent to the delivery to the Holder of any shares of Stock subject to the Award, the Holder shall comply with all regulations and requirements of any regulatory authority having control of or supervision over the issuance or delivery of the shares and, in connection therewith, shall execute any documents which the Board shall in its sole discretion deem necessary or advisable.

  • Investor Representations (a) The Investor has full legal capacity, power and authority to execute and deliver this instrument and to perform its obligations hereunder. This instrument constitutes valid and binding obligation of the Investor, enforceable in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

  • Closing Deliveries (a) On or prior to the Closing, the Company shall issue, deliver or cause to be delivered to each Purchaser the following (the “Company Deliverables”):

  • REPRESENTATIONS AND WARRANTIES OF PURCHASER Purchaser hereby represents and warrants to Seller as follows:

  • Seller’s Representations Seller represents and warrants to Buyer as follows:

  • Purchaser’s Representations and Warranties Purchaser represents and warrants to Seller that:

  • Right of Representation An employee covered by this Agreement shall, under this Article, have the right to have an Association representative present at any time, subject to his requesting such representation.

  • Seller’s Deliveries At the Closing, Seller shall deliver to Buyer the following:

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