Corporate Seller definition

Corporate Seller. If SELLER is a corporation, SELLER shall provide to PURCHASER at the time of CLOSING (a) a resolution of its Board of Directors authorizing the sale and delivery of the Deed; (b) a certificate by the Secretary or Assistant Secretary of the corporation certifying such resolution and setting forth facts showing that the transfer is in conformity with the requirements of Section 909 of the Business Corporation Law; and (c) any and all further documents reasonably required to show that the corporation is authorized to sell and deliver the Deed pursuant to Law. The Deed in such case shall contain a recital sufficient to establish compliance with that Section. Closing Date and Place: CLOSING will take place at the office designated by PURCHASER'S lender; or [ ] office of SELLER'S attorney, or [ ] other. On or about ____________________________ It is understood by and between the parties that the CLOSING shall take place within the confines of Rockland County and PURCHASER represents that PURCHASER will make application to a lending institution which closes the mortgage loan within the County of Rockland; failing which, PURCHASER shall pay to SELLER, at CLOSING, the additional sum of $500.00 for a county contiguous to Rockland, or $750.00 for any other county, to compensate SELLER for their additional legal fees. The travel fee, if applicable, shall be reflected on the closing statement as a credit to the Seller. Possession: In the absence of a written Contract to the contrary, possession of the PREMISES shall be delivered at CLOSING, vacant and broom clean, except as to articles of personal property passing to PURCHASER under the terms of this Contract.
Corporate Seller has the meaning set forth in Section 3.1 hereof.
Corporate Seller means a person licensed under this By- law for the purpose of employing agents or employees who are residents of the City of Thompson to carry out the sale of goods, wares, merchandise, etc., at a reduced licensing fee.

Examples of Corporate Seller in a sentence

  • The execution, delivery and performance of this Agreement and the Ancillary Agreements to which it is a party by each Corporate Seller and Company has been duly authorized by all requisite corporate action on its part.

  • Deputy Head Signature Date: I approve the delegation of the responsibilities outlined herein within the context of the attachedorganizational structure.

  • None of the Purchase Price payable to either MGG Seller or 55 Corporate Seller shall be subject to withholding so long as each such person shall have furnished to Buyer the certificate referred to in Section 2.5(a)(v).

  • There are no claims of any kind or any actions, suits, proceedings, arbitrations or investigations pending or, to 55 Corporate Seller’s knowledge, threatened by any Governmental or Authority or otherwise against 55 Corporate Seller, or which would prevent the performance by 55 Corporate Seller of its obligations under this Agreement, the Related Documents or any of the transactions contemplated hereby, or which declare the same unlawful or cause the rescission thereof.

  • Except as set forth in this Agreement or the Schedules or Exhibits attached hereto, there is no fact that any Seller has not disclosed to the Purchaser in writing and, in the case of each Corporate Seller, of which any of its officers, directors or executive employees is aware and that has had or would reasonably be expected to have a material adverse effect upon the financial condition, operating results, assets, customer or supplier relations, employee relations or business prospects of the Company.


More Definitions of Corporate Seller

Corporate Seller means Quantum Strategic Partners Limited;
Corporate Seller means any Seller other than an Individual Seller;
Corporate Seller has the meaning set forth in the Recitals. FD 36250 REDACTED AGREEMENT 57966511 v21
Corporate Seller means each of the entities, not the individuals, ---------------- listed in Section 1.01 of the Disclosure Schedule. ---------------------------------------
Corporate Seller means each Seller that is a corporation.
Corporate Seller means Providence.
Corporate Seller means either JLW Australia Parent or JLW (NZ) Holdings Parent.