Assigned Sale definition

Assigned Sale means assignment by the Employee to Coldwell Banker of an executed third party contract for the sale of the Employee’s Home.
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Assigned Sale means assignment by the Employee to Cartus of an executed third party contract for the sale of the Employee’s Home. “Authorization” shall mean the Client’s direction in writing or electronically that an Employee is eligible to receive services under this Agreement. “Cancellation” shall mean the withdrawal by the Client of a bona fide Authorization. “Employee” shall mean any individual designated by the Client to receive services, or for Home Sale Services, also any other person to the extent that such person has an interest in the Home of the designated individual. “Equity Payment” shall mean payment of the Employee's equity in the Home by Cartus. “Expiration” shall mean the rejection of an Offer by an Employee, or the failure of the Employee to submit to Cartus all required documentation necessary to purchase the Home prior to the time frame described in the Offer. “Home” shall mean improved real estate: (i) which is owned and used by an Employee as a principal year-round one or two family residence, including condominiums but excluding cooperative housing and mobile homes; (ii) which contains acreage within the norm and zoning limits for the locale or neighborhood; (iii) with respect to which insurance is available at standard rates for normal hazards of fire and extended coverage; (iv) with respect to which any leases can be terminated by Cartus with no more than sixty (60) days' notice to the tenant; (v) whose value, as determined hereunder, does not fall below One Hundred Thousand Dollars ($100,000) or exceed Seven Hundred Fifty Thousand Dollars ($750,000); (vi) which is not situated on or near and does not contain any hazardous or toxic materials or gases, including but not limited to asbestos, lead paint, mold, or radon gas, in excess of governmental guidelines, if any; (vii) which is not sided by synthetic stucco products (commonly known as EIFS); (viii) in which the Employee has marketable title; and (ix) with respect to which mortgage financing is available at standard rates. 5 “Inventory Period” shall commence on the day that Cartus signs a contract of sale to purchase an Employee's Home and shall end on the day that Cartus closes the resale of such Home to a third-party purchaser. During the Inventory Period, a Home shall be an "Inventory Home.” “Offer” shall mean a written offer from Cartus to the Employee to purchase the Employee's Home. “Special Home ” shall mean improved real estate that (i) does not fit one or more of the characteristics s...
Sample 1
Assigned Sale means assignment by the Employee to Cendant Mobility of an executed third party contract for the sale of the Employee’s Home.
Sample 1

Examples of Assigned Sale in a sentence

  • For the avoidance of doubt, the Company shall not be required to wait for the receipt of the Assigned Sale Proceeds in order to demand for the Shortfall Amount.

  • If the Client requests that Cartus pay an Employee an amount in excess of the Appraised Value, Amended Value or Assigned Sale price, the Client will also advance to Cartus an amount equal to that excess.

Related to Assigned Sale

  • Approved Sale has the meaning set forth in 2.1(d).

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Proposed Sale shall have the meaning set forth in Section 4.2(a).

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Assigned Interests has the meaning set forth in Section 2 hereof;

  • Sale Transaction has the meaning set forth in Section 3(a).

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • Company Sale a sale, conveyance or other disposition of the Company, whether by merger, consolidation, sale of all or substantially all of the Company’s assets or sale of capital stock, including any issuance or transfer of Capital Stock of the Company to any Person.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • MFN Transaction means a transaction in which the Company issues or sells any securities in a capital raising transaction or series of related transactions which grants to an investor the right to receive additional shares based upon future transactions of the Company on terms more favorable than those granted to such investor in such offering.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • First sale means and include the first sale or distribution of cigarettes in intrastate commerce, or the first use or consumption of cigarettes within this state.

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Tag-Along Sale has the meaning set forth in Section 3.04(a).

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Excluded Transfer means any transfer of VRDP Shares (1) to a TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.