Bona Fide Sales Contract definition

Bona Fide Sales Contract means any binding sales agreement with a third party where all conditions precedent and contingencies have been satisfied and where the purchaser has paid a non-refundable deposit in an amount equal to or exceeding the standard deposit in the particular market area.
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Bona Fide Sales Contract means a bona fide, unconditional contract in the form included in the Offering Plan (except for customary title conditions and rights of rescission required by law, and except that Mortgage Borrower may, in its sole discretion, incorporate a financing contingency for not longer than ninety (90) days) for the sale of a Unit to a Person which is not an Affiliate of Mortgage Borrower, which satisfies the requirements of Section 4.1.40(g)(iii).
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Bona Fide Sales Contract shall have the meaning set forth in the Senior Credit Agreement.
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More Definitions of Bona Fide Sales Contract

Bona Fide Sales Contract means a contract (i) for the sale of a Project to a Person that is not an Affiliate of Borrower, (ii) that is on then current market terms and conditions and (iii) that contains no conditions to the obligations of the purchaser other than customary title, survey and due diligence conditions, and financing contingencies, which financing contingencies have either been satisfied or waived.
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Bona Fide Sales Contract has the meaning set forth in Section 7.2.1(b)(iii).
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Bona Fide Sales Contract shall have the meaning given to such term in the Building Loan Agreement.
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Bona Fide Sales Contract means a duly executed contract, in substantially a form approved by Administrative Agent, for the sale of a Unit to a Person who is not related or affiliated with any Transaction Party (other than in connection with a Bona Fide Employee Sale), and: (i) which contract is in full force and effect without any default thereunder on the part of the purchaser or seller, (ii) for which contract all rescission rights under Law or Regulation have expired, (iii) which contract is subject to no contingencies or conditions other than completion of construction, and (iv) a deposit in an amount customary for the type of property has been made by the buyer, and is non-refundable except as provided in clause (iii) above.
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Related to Bona Fide Sales Contract

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Offtake Agreement means any refining, smelting, brokering, sale, marketing and/or processing agreement entered into by the Owner or its Affiliates with respect to Minerals produced from the Property;

  • distance contract means a contract concluded between a trader and a consumer under an organised distance sales or service-provision scheme without the simultaneous physical presence of the trader and the consumer, with the exclusive use of one or more means of distance communication up to and including the time at which the contract is concluded;

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Approved Contractor means an “Approved Contractor” specified in the Key Details.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Definite quantity contract means a fixed price contract that provides for a

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • Offtaker means the counterparty to an Offtake Agreement;

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Approved Location means (a) a storage terminal or facility located in the United States or Canada owned by the Borrower or a Subsidiary; or (b) other storage location located in the United States or Canada identified by the Borrower by notice to the Administrative Agent for which, if requested by the Administrative Agent, the Borrower has used commercially reasonable efforts to cause the owner, operator or landlord thereof to execute and deliver, a waiver of lien, subordination agreement or similar agreement in form and substance reasonably acceptable to the Administrative Agent with respect to any inventories of Petroleum Products stored at such terminal or facility.

  • Sales Agreement means the agreement between the Client and the Partner for the sale of Goods in accordance with the Order.

  • Assigned Contract has the meaning set forth in Section 1.5(a).

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • CAISO-Approved Meter means any revenue quality, electric energy measurement meter furnished by Seller, that (a) is designed, manufactured and installed in accordance with the CAISO’s metering requirements, or, to the extent that the CAISO’s metering requirements do not apply, Prudent Electrical Practices, and (b) includes all of the associated metering transformers and related appurtenances that are required in order to measure the net electric energy output from the Generating Facility.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Aerosol cooking spray means any aerosol product designed either to reduce sticking on cooking and baking surfaces or to be applied on food, or both.