Included Interests definition
Examples of Included Interests in a sentence
Purchaser has inspected or waived inspection of the Unit, the Personalty and the Included Interests and shall take the same "as is", as of the date of this Contract, except for reasonable wear and tear.
Purchaser has inspected or waived inspection of the Unit, the Personalty and the Included Interests and shall take the same “as is”, as of the date of this Contract, except for reasonable wear and tear.
Seller makes no representation as to the physical condition or state of repair of the Unit, the Personalty, the Included Interests or the Premises.
In lieu of exercising its rights under Section 9.2, or as otherwise expressly provided herein, the Buyers may, within 21 days after receipt of any Offer Notice, elect by notice to the Sellers to include their Economic Interests (the "Included Interests") in such sale on a pro rata basis with the Sellers.
At Closing, the Parties shall complete, execute or deliver all documents necessary: to comply with the requirements of Internal Revenue Service (“IRS”) form 1099-S or a successor form; to comply with smoke detector requirements, and any applicable transfer tax filings, and other governmental filing requirements; to transfer Seller’s interest, if any, in and to the Personal Property and Included Interests; and to prove the authority of the person signing on behalf of an entity to bind such entity.
No consideration is being paid for the Personal Property or for the Included Interests; nothing shall be sold to Purchaser if the Closing does not occur.
Other than as expressly stated in this Contract, Seller makes no representation as to the physical condition or state of repair of the Unit, the Personal Property, the Included Interests or the Premises.
Seller agrees to sell to Purchaser, and ▇▇▇▇▇▇▇▇▇ agrees to purchase from Seller, the Seller’s Shares, Lease, Personal Property and any Included Interests and all other items included in this sale, for the Purchase Price and upon the terms and conditions set forth in this Contract.
At Closing, Seller shall deliver possession of the Unit, Personal Property and Included Interests in the condition required by ¶ 7.1, broom-clean, vacant and free of all occupants and rights of possession, and prior to Closing shall repair any damage caused by the removal of the furniture, furnishings and other personal property not included in this sale.
Subject to any matter affecting title to the Premises (as to which Seller makes no representations or covenants), Seller represents and covenants that: Seller is, and shall at Closing be, the sole owner of the Shares, Lease, Personal Property and Included Interests, with the full right, power and authority to sell and assign them.