Bona fide purchaser for value definition
Bona fide purchaser for value means any person who provides consideration, including money or property, to a seller or transferor of real property or personal property equal to the fair market value of the real or personal property sold or transferred.
Bona fide purchaser for value means a purchaser who has acquired the property in question in good faith for a consideration that reflects the value of the property at the time of its acquisition by the purchaser, having regard solely to commercial considerations.
Bona fide purchaser for value means a person who purchases property for value in good faith and without notice of any adverse claim to the property.
Examples of Bona fide purchaser for value in a sentence
Scholars elaborate 5 key defences that are not cumulative: Change of Position, Agency/Ministerial receipt, Bona fide purchaser for value without notice, Counter- restitution, and illegality.
The assessment of the willingness to participate in future similar events informs about the potential replicability of the Sparks activities.
More Definitions of Bona fide purchaser for value
Bona fide purchaser for value means a person who purchases legal title to a tobacco retailing business without actual or constructive notice of any infirmities, claims or equities against the title.
Bona fide purchaser for value means a third party not related by blood, marriage, or business association to the Participant, and with whom the Participant has entered into a good faith, arms length agreement in writing for sale and purchase of the property for a bona fide price. Upon closing of the sale of the Property and lawful conveyance of title to the bona fide purchaser, the Participant shall furnish the Company complete and accurate copies of the sales contract and all closing documents pertaining to the sale, including the deed or other legal instrument transferring title to the bona fide purchaser. If the Participant sells his or her property in this manner, and if the actual sales price is less than the fair market value of the property as determined under Section 4 above, then the Company will reimburse the Participant for the difference between such actual sales price, as shown in the closing documents, and the fair market value as determined by the appraisal method described in
Bona fide purchaser for value means a purchaser who does not have actual knowledge of the infringing nature of the Goods at the time of the purchase.