Common Contracts
2 similar Art Purchase Agreement contracts by Masterworks 011, LLC, Masterworks 013, LLC
FORM OF ART PURCHASE AGREEMENTArt Purchase Agreement • May 12th, 2020 • Masterworks 013, LLC • New York
THIS art purchase AGREEMENT (“Agreement”) is made and entered into this ___ day of May, 2020 (the “Effective Date”), by and between , with an address at , (“Seller”), and Masterworks Gallery, LLC, with an address at 497 Broome Street, New York, New York 10013 (“Agent”). Seller is engaged in the business of the purchase and sale of works of art. Seller is acting as agent on behalf of the sole legal and beneficial owner (“Owner”) of the work of art described on Exhibit A attached hereto and incorporated herein by this reference (the “Work”), and has the authority to sell the Work on behalf of Owner. Agent is acting as agent on behalf of Masterworks 013, LLC (“Buyer”), and has the authority to buy the Work on behalf of Buyer. Seller, on behalf of Owner, has agreed to sell the Work to Buyer, and Agent, on behalf of Buyer, has agreed to buy the Work from Seller, on the terms and conditions set forth in this Agreement. In consideration of the mutual promises contained in this Agreement, the
FORM OF ART PURCHASE AGREEMENTArt Purchase Agreement • April 17th, 2020 • Masterworks 011, LLC • New York
THIS art purchase AGREEMENT (“Agreement”) is made and entered into this ___ day of April, 2020 (the “Effective Date”), by and between TTG NY, L.P. (d.b.a. Timothy Taylor Gallery), with an address at 515 West 19th Street, New York, New York 10011 (“Seller”), and Masterworks Gallery, LLC, with an address at 497 Broome Street, New York, New York 10013 (“Agent”). Seller is engaged in the business of the purchase and sale of works of art. Seller is acting as agent on behalf of the sole legal and beneficial owner (“Owner”) of the work of art described on Exhibit A attached hereto and incorporated herein by this reference (the “Work”), and has the authority to sell the Work on behalf of Owner. Agent is acting as agent on behalf of Masterworks 011, LLC (“Buyer”), and has the authority to buy the Work on behalf of Buyer. Seller, on behalf of Owner, has agreed to sell the Work to Buyer, and Agent, on behalf of Buyer, has agreed to buy the Work from Seller, on the terms and conditions set forth i
