Contract Purchaser means a person, corporation, or partnership that purchases the license and/or business from an active licensee for the purposes of selling the license and/or business on the open market. The contract purchaser is only recognized as such once the appropriate documentation has been filed and approved by the Board or its designee. At no time can the contract purchaser operate the business, but can only hold the license for the purposes of sale subject to the restrictions stipulated in Article 2B.

Contract Purchaser means a person who has entered into a contract with a home builder to purchase a new home, but who has not yet settled on the purchase of the new home.

Contract Purchaser means a person who has agreed

Examples of Contract Purchaser in a sentence

Upon expiration of this Contract, Purchaser shall accept and take delivery of all outstanding and not yet fulfilled Purchase Orders and pay Contractor the price as set out in the Contract.
Prior to the commencement of any work under this Contract, Purchaser shall provide written verification to the Administrator that all individuals who are to be engaged in work under this Contract, including but not limited to employees, agents or independent contractors of the Purchaser or of its subcontractors, are either insured for workers’ compensation coverage or are exempted from such coverage as certified independent contractors pursuant to § 00-00-000 MCA.
As a guarantee of the faithful performance of this Contract, Purchaser shall furnish a bond, with sufficient sureties, to the State in an amount equal to the potential loss to the State in the event of Purchaser’s breach or default under the terms of this Contract as determined by the Administrator (§ 77-5-202 (a), MCA).
If Vendor fails to perform any substantial obligation under this Contract, Purchaser shall give Vendor written notice of such Failure to Perform.
Upon expiration of this Master Contract, Purchaser shall accept and take delivery of all outstanding and not yet fulfilled Purchase Orders and pay Contractor the price as set out in the Master Contract.

More Definitions of Contract Purchaser

Contract Purchaser means any adult person, corporation, trust, charitable organization or other entity eligible to purchase a PACT Contract, and who is obligated to make PACT Contract payments in accordance with the PACT Contract. The Contract Purchaser (and not the Beneficiary or any person or entity that makes a payment) retains ownership of the PACT Contract.

Contract Purchaser means a person who[, before

Contract Purchaser means any adult person, corporation, trust, charitable organization or other Entity eligible to purchase an MPACT Contract, and who is obligated to make MPACT Contract payments and Administrative Fee payments in accordance with the MPACT Contract. MPACT Contract payments may be made by someone other than the designated Contract Purchaser.

Contract Purchaser means any person who enters into a contract (other than a land installment contract, as that term is defined by the provisions of Title 10, Section 10-101(b) of the Real Property Article of the Code, which has been recorded among the Land Records) which, at the time in question, entitles such person to purchase a Lot from the Declarant or any other Owner, but who does not hold the legal title of record to such Lot.

Contract Purchaser and "Contract Seller" shall mean the purchaser and the seller, respectively, under an installment land contract in which title to the property is transferred after the final installment payment is made.

Contract Purchaser means a financial institution that has entered into a Contract Purchase Agreement with Borrower.