Bulk buyer definition

Bulk buyer means a person who acquires more than seven condominium parcels in a single condomin- ium as set forth in s. 718.707, but who does not receive an assignment of any developer rights, or receives only some or all of the following rights:
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Bulk buyer means a person who acquires more than
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Bulk buyer means a person who acquires more than seven condominium
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Examples of Bulk buyer in a sentence

  • Dear Sir,I/ We hereby express my interest for empanelment as Bulk buyer for purchase of Wheat under FCI OMSS(D) through National Spot Exchange: 1.

  • During the 2018-2019 academic year, the Oshkosh campus will continue to offer the Associate degree, and the branch campuses will continue to offer their current Associate of Arts and Sciences degree.

  • Bulk buyer (noun) – Key bulk buyers of diesel like the Indian railways, malls, transport companies and factories51.

  • Dear Sir, I/ We hereby express my interest for empanelment as Bulk buyer for purchase of Wheat under FCI OMSS(D) through National Spot Exchange: 1.


More Definitions of Bulk buyer

Bulk buyer means a person who acquires more than seven condominium parcels as set forth in s. 718.707, but who does not receive an assignment of developer rights other than the right to conduct sales, leasing, and marketing activities within the condominium; the right to be exempt from the payment of working capital contributions to the condominium association arising out of, or in connection with, the bulk buyer’s acquisition of a bulk number of units; and the right to be exempt from any rights of first refusal which may be held by the condominium association and would otherwise be applicable to subsequent transfers of title from the bulk buyer to a third party purchaser concerning one or more units.
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Bulk buyer means a person who acquires more than seven condominium parcels in a single
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Bulk buyer means a person who acquires more than 1336 seven condominium parcels as set forth in s. 718.707 but who 1337 does not receive an assignment of any developer rights other 1338 than the right to conduct sales, leasing, and marketing 1339 activities within the condominium. 1340 718.704 Assignment of developer rights to and assumption of 1341 developer rights by bulk assignee; bulk buyer.— 1342 (1) A bulk assignee shall be deemed to have assumed and is 1343 liable for all duties and responsibilities of the developer 1344 under the declaration and this chapter, except: 1345 (a) Warranties of the developer under s. 718.203(1) or s. 1346 718.618, except for design, construction, development, or repair 1347 work performed by or on behalf of such bulk assignee. 1348 (b) The obligation to: 1349 1. Fund converter reserves under s. 718.618 for a unit that 1350 was not acquired by the bulk assignee; or 1351 2. Provide converter warranties on any portion of the 1352 condominium property except as may be expressly provided by the 1353 bulk assignee in the contract for purchase and sale executed 1354 with a purchaser and pertaining to any design, construction, 1355 development, or repair work performed by or on behalf of the 1356 bulk assignee. 1357 (c) The requirement to provide the association with a 1358 cumulative audit of the association’s finances from the date of 1359 formation of the condominium association as required by s. 1360 718.301. However, the bulk assignee shall provide an audit for 1361 the period for which the bulk assignee elects a majority of the 1362 members of the board of administration. 1363 (d) Any liability arising out of or in connection with
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Related to Bulk buyer

  • Buyer has the meaning set forth in the preamble.

  • the Buyer means the person who accepts a quotation or offer of the Seller for the sale of the Goods or whose order for the Goods is accepted by the Seller;

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Bulk Consumer means a consumer such as the Departments of Central Government like Railways, Defense, Telecom, Posts and Telegraph, the Department of State Government, the Undertakings, Boards and other agencies or companies who purchase hundred or more than hundred batteries per annum.

  • Buyers has the meaning set forth in the preamble.

  • Purchaser means the organization purchasing the goods.

  • Sellers has the meaning set forth in the preamble.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Buyer Party means each Affiliate of Buyer that is, or is contemplated by this Agreement to become at the Closing, a party to one or more Transaction Agreements. For clarity, none of the Acquired Companies shall be deemed to be a “Buyer Party” hereunder.

  • Seller has the meaning set forth in the Preamble.

  • Buyer Parties means Buyer, its Affiliates, their members, officers, directors, employees, agents, representatives, successors, and assigns.

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Purchaser/ User means ultimate recipient of goods and services

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Buyer Parent has the meaning set forth in the Preamble.