Bona Fide Third Party Purchaser definition

Bona Fide Third Party Purchaser means an individual purchaser in good faith and for value of a single Housing Unit, together with any land and any necessary rights in land incidental to the beneficial use of the Housing Unit, or his successor in title;
Bona Fide Third Party Purchaser means a Person who has agreed in a legally enforceable agreement to purchase any Membership Units who is not an Affiliate, director, officer, employee or other agent of the Disposing Member and who is a Person financially capable of carrying out the terms of such offer.
Bona Fide Third Party Purchaser means a buyer with whom Defendants have no current or past financial, contractual, personal, or familial relationship.

Examples of Bona Fide Third Party Purchaser in a sentence

  • The Agreement shall not be enforceable against any Bona Fide Third Party Purchaser (save in so far as a Bona Fide Third Party Purchaser is a Subsequent Owner for those obligations relating to Affordable Housing imposed on Subsequent Owners in terms of the Schedule Part 3) [ NOTE – include reference to other obligations as appropriate] or Statutory Undertaker.

  • The Agreement shall not be enforceable against any Bona Fide Third Party Purchaser (save in so far as a Bona Fide Third Party Purchaser is a Subsequent Owner for those obligations relating to Affordable Housing imposed on Subsequent Owners in terms of the Schedule Part 3) [ NOTE - add reference to any additional obligations where appropriate] or Statutory Undertaker.


More Definitions of Bona Fide Third Party Purchaser

Bona Fide Third Party Purchaser means any person who, through an arms-length transaction, purchases, or is otherwise transferred title to, a foreclosed rental property from an owner. A “bona fide purchaser” shall not include any person who had a mortgage lien on the foreclosed rental property during the foreclose procedure. A mortgagee shall also include the mortgagee’s subsidiary, parent, trustee, nominee, agent or assignee.
Bona Fide Third Party Purchaser means a person or entity that is not a foreclosing owner and purchases the foreclosed property from the foreclosing owner.
Bona Fide Third Party Purchaser means a purchaser who pays consideration in good faith without intending to take advantage of Lessee or Lessor, and in no instance shall said purchaser include .an individual(s), party, company or corporation which is an Affiliate of Lessee or Affiliate Lessee's successors or assigns.
Bona Fide Third Party Purchaser means a purchaser who pays consideration in good faith without intending to take advantage of Lessee or Lessor, and in no instance shall said purchaser include .an individual(s), party, company or corporation which is an Affiliate of Lessee or Affiliate Lessee's successors or assigns.

Related to Bona Fide Third Party Purchaser

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Purchaser means the organization purchasing the goods.

  • Third Party means a provider of digital educational software or services, including cloud- based services, for the digital storage, management, and retrieval of Education Records and/or Student Data, as that term is used in some state statutes. However, for the purpose of this DPA, the term “Third Party” when used to indicate the provider of digital educational software or services is replaced by the term “Provider.” EXHIBIT “D” DIRECTIVE FOR DISPOSITION OF DATA Provider to dispose of data obtained by Provider pursuant to the terms of the Service Agreement between LEA and Provider. The terms of the Disposition are set forth below:

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.