Interested Purchaser definition

Interested Purchaser has registered an interest in purchasing a Dwelling Unit in the Project.
Interested Purchaser means, with respect to any Loan, the purchaser of such Loan and its successor or assigns, if such Person is a Borrower or other obligor, or is an Affiliate of a Borrower or other obligor, pursuant to a guarantee, letter of credit or otherwise, under or in connection with such Loan. Law means any federal, state, local or foreign law, statute, ordinance, rule, regulation, judgment, code, order, injunction, interpretation, ruling, common law, arbitration award, agency requirement, license or permit of any Governmental Entity.
Interested Purchaser has expressed an interest in purchasing one of the available residential condominium units within the Condominium Community (the “Residences” and each a “Residence”) from ORRA. The Residences may be sold in phases and may be made available for sale in ORRA’s sole determination. By submitting this Reservation and the Reservation Deposit, Interested Purchaser shall not have a contract to purchase a Residence but shall have expressed an interest in entering into a purchase contract for the purchase of a Residence at a later date and obtained the right to participate in the “Residence Selection Process” outlined in Sections 5 through 10 below. Interested Purchaser acknowledges and agrees that the number of parties interested in purchasing one of the Residences may exceed the number of Residences available and the availability of any Residence is not guaranteed hereby.

Examples of Interested Purchaser in a sentence

  • Pursuant to Article 10.8 of the Shareholders Agreement, BioGeneration, being the Investor as defined in the Shareholders Agreement, has a drag along right, entitling BioGeneration to demand from its co-shareholders to mandatorily sell their shares to an Interested Purchaser and create a Liquidity Event.

  • Interested Purchaser will indemnify and hold Declarant harmless for and from any person or company claiming otherwise.

  • Upon any such termination by ORRA, ORRA shall direct Escrow Agent to return the Reservation Deposit to Interested Purchaser, and thereafter neither Interested Purchaser nor ORRA will have any further rights or obligations under this Reservation.

  • Until such time as the Contract is fully executed and ▇▇▇▇▇▇▇ Money Deposit has been received by Escrow Agent, Interested Purchaser has no obligation to purchase from ORRA, and ORRA has no obligation to sell to Interested Purchaser, such Residence.

  • Upon delivery of the Positano Purchase Contract, Interested Purchaser and Declarant will have fifteen (15) days to execute the Positano Purchase Contract (the "Execution Period").

  • Interested Purchaser may not record this Agreement or any memorandum thereof in the real property records and any such recordation in violation of such restriction will automatically render this Agreement null and void.

  • All terms and conditions of this Reservation Agreement and any materials provided herewith shall be kept confidential by the Interested Purchaser, unless the disclosure is required pursuant to process of law or unless the disclosure is to Interested Purchaser’s broker and/or attorney.

  • The Notice shall be given within ten (10) Business Days after receipt of the offer from the Interested Purchaser and shall contain all terms and conditions of such offer, including the name of the Interested Purchaser, the number of Shares offered (the Transfer Shares), the price offered (the Specified Price), the form of consideration and the intended date of the Proposed Transfer.

  • Interested Purchaser acknowledges that Interested Purchaser's breach of this Section 8 will cause irreparable and material loss and damage to Declarant as to which it will not have an adequate remedy at law or in damages and that accordingly, the issuance of an injunction or other equitable remedy in favor of Declarant is an appropriate remedy for any such breach in addition to such other rights and remedies as Declarant may have with respect thereto.

  • Interested Purchaser acknowledges having reviewed a NEED NOT BE BUILT site plan, floor plans, finish schedule, appliance specifications, and exterior elevations, but that this information and all other materials and information provided by Declarant to Interested Purchaser are preliminary in nature and are subject to modification at Declarant's sole and absolute discretion.