After Seller definition

After Seller s transfer of the Mortgage Loans to Depositor, as provided herein, Seller shall not take any action inconsistent with Depositor's ownership (or the ownership by any of Depositor's assignees) of the Mortgage Loans. Except for actions that are the express responsibility of another party hereunder or under the Pooling and Servicing Agreement, and further except for actions that Seller is expressly permitted to complete subsequent to the Closing Date, Seller shall, on or before the Closing Date, take all actions required under applicable law to effectuate the transfer of the Mortgage Loans by Seller to Depositor.
After Seller has obtained Buyer's approval of the Parking Agreements under SECTION 8.6 and the CC&R's under SECTION 8.7 (such documents to be individually and collectively referred to in this SECTION 8.8 as the "PARKING RELATED RESTRICTIONS"), Seller may nonetheless make changes in the draft(s) of one or more of the Parking Related Restrictions without Buyer's further approval being necessary, to the extent the changes are required by the City of Long Beach or other governmental entity(ies) to obtain any necessary development permits or approvals; provided, however, that if changes to the draft of any one or more of the Parking Related Restrictions are required that would reduce the number of parking spaces as to which rights appurtenant to the Property are granted, materially increase the obligations thereunder of the owner of the Property or otherwise materially and adversely affect the rights of the owner of the Property thereunder, and Seller elects to make such changes, Buyer may elect to terminate this Agreement by delivering notice thereof to Seller and Escrow Holder within ten (10) days after Seller delivers a revised draft of the applicable Parking Related Restrictions to Buyer, in which case unless Seller notifies Buyer within ten (10) days that Seller will not make the objectionable changes, this Agreement shall terminate, in which case the Deposit shall be returned to Buyer, each party shall pay one-half (1/2) of the Escrow cancellation charges, and except with respect to the surviving provisions of this Agreement, neither party shall have any rights or remedies against the other based upon this Agreement. If Buyer does not timely elect to terminate this Agreement based upon the changes being made to the applicable Parking Related Restrictions, Buyer shall be deemed to have accepted such changes. Seller agrees to deliver to Buyer copies of any revised drafts of the applicable Parking Related Restrictions at or prior to the time when they are submitted to the applicable governmental authority for its approval of the changes. If Seller desires to make any other changes to the draft(s) of the Parking Related Restrictions after Buyer's approval thereof under SECTION 8.6 AND/OR 8.7, Seller will submit the proposed changes to Buyer for its approval, which shall not be unreasonably withheld or conditioned. Buyer shall have a period of ten (10) days after deliver of the proposed changes to notify Seller of its approval or disapproval, or else the proposed changes s...
After Seller has engaged its outside consultant, Buyer shall work cooperatively with Seller, and with the outside consultant as needed, to determine the design and cost for the Relocation which accommodates Buyer's proposed project and Seller's easement transmission line and is as economical as possible, all in accordance with sound engineering practices. The period from such engagement through March 31, 1999 is referred to herein as the "Study Period"). During the Study Period, Seller shall commission its retail business service department to prepare its proposal for the design and cost of electrical service to Buyer's proposed project (the "Project Service"). By no later than March 31, 1999 (provided that Buyer has provided to Seller the information required under item (i) above by January 31, 1999), Seller shall make a final proposal to Buyer for the design and cost of the Relocation and the Project Service. By no later than April 30, 1999, Buyer shall either accept Seller's proposal, in which case this Agreement shall remain in full force and effect, or Buyer shall reject Seller's proposal, in which case this Agreement shall terminate, the Deposit (but not the $80,000.00 paid under item (i) above) shall be returned to Buyer, and neither party shall have further recourse hereunder.

Examples of After Seller in a sentence

  • After Seller resubmits the corrected invoice, NETAPP will pay Seller sixty (60) days from the end of the calendar month in which NETAPP’s Accounts Payable Department receives the corrected invoice.

  • After Seller posts the Delivery Term Security, Buyer shall transfer (as described in the preceding sentence) on or before each Interest Payment Date the Interest Amount due to Seller for such Delivery Term Security.

  • After Seller posts the Delivery Term Security or Term Security, Buyer shall transfer (as described in the preceding sentence) on or before each Interest Payment Date the Interest Amount due to Seller for such Delivery Term Security or Term Security.

  • After Seller provides notice of substantial completion of the improvements Buyer shall have 10 days to conduct a complete inspection of the Property on a date that Buyer schedules with the Seller (the “Final Inspection”).

  • After Seller approves the Purchaser’s House Plans, and before Purchaser commences construction of Homes on the Lots, Purchaser shall submit to Seller any material changes in the approved House Plans.

  • After Seller has notified Buyer that Seller has obtained the Shareholder Consent, Seller agrees that Buyer or its property management company may interview and start making employment offers to the on-site employees of Seller and Seller’s property management company.

  • After Seller and Buyer have approved any of the Development Plans, Seller shall not make any material changes to such Development Plan without the prior written consent of Buyer, which consent shall not be unreasonably withheld or delayed.

  • After Seller has determined the actual, direct cost impact of any Imposition, which may be after the conclusion of the applicable calendar year, Seller shall notify Buyer in writing of the amount and effective date of any claimed adjustment to the Base Price as a result of one or more Impositions and shall furnish Buyer with the specific legal basis for the Imposition, and accurate and detailed computations and data reasonably necessary to substantiate the claimed adjustment.

  • After Seller makes the payment referred to in the first sentence of this Section 6.2(c), Seller shall be entitled to, and Purchaser shall not be entitled to, any amounts recovered from such Counterparty in respect of such set-off.

  • After Seller has received Buyer's list and returned to the Buyer the Seller's list, the Buyer agrees to grant Seller forty five (45) day in which to close on any distribution agreements that the Seller may have in process.


More Definitions of After Seller

After Seller s confirmation of receipt of the Purchase Price (as reduced by the costs, expenses, prorations and adjustments payable by Seller under this Agreement) by wire transfer of federal funds by the Title Company to one or more accounts designated by Seller: (i) the Title Company shall be authorized to record the Deed for each Real Property, (ii) the Title Company shall deliver to Buyer all other documents and instruments received by it which, in accordance with the terms of this Agreement, are to be delivered by Seller to Buyer on the Closing Date, and (iii) the Title Company shall deliver to Buyer all other documents and instruments received by it which, in accordance with the terms of this Agreement are to be delivered by Buyer to Seller on the Closing Date. Buyer and Seller shall each deposit such other instruments as are reasonably required by the Title Company or otherwise required to close the escrow and consummate the purchase and sale of the Properties in accordance with the terms hereof; provided, that Seller shall not be required to provide any indemnities or affidavits or to escrow any funds other than the Seller's Affidavit.

Related to After Seller

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Seller has the meaning set forth in the Preamble.

  • Buyer Parties means, collectively, the Buyer and its officers, directors, employees, subsidiaries, Affiliates (including the Company from and after the Closing) and their respective successors and permitted assigns.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • the Seller means the person so described in the Order;