Examples of Purchase Object in a sentence
The essential features/characteristics of the Purchase Object must be specified.
To the extent that the Sellers are entitled to any copyright-related utilization and exploitation rights with respect to a Purchase Object and/or any claims in connection with construction and renovation works against its contractors, the Sellers hereby assign such rights to the Purchasers with effect as of the Transfer of Possession.
All other documents relating to the Purchase Objects or Shares and necessary for their ownership and operation – to the extent they are present with or under the control of the Sellers (or its service providers, in particular the Property Manager) – shall be delivered to the Purchasers as soon as practicable and in any event no later than within four weeks upon Transfer of Possession of the relevant Purchase Object or transfer of the Shares in the original, otherwise as copies.
The Purchasers are entitled to rescind the relevant Individual Transfers in relation to a Purchase Object or the Shares in case of a material breach of any of the Title Matters and the Guarantee pursuant to Section 10.1.4.
The Purchasers undertake towards the Sellers to keep the individual Purchase Object upon the Transfer of Possession insured at a sufficient amount and in accordance with statutory requirements until the date on which legal title is transferred.
The part of the Purchase Object as defined in Exhibit 1 to the Purchase Agreement which was created by Contractor is herein referred to as „Contractors Contribution”.
If the Purchase Object is being purchased on the basis of a Purchase Agreement that is valid for respective period, the Purchase Value is the total amount payable/paid during the period of validity of the Purchase Agreement.2.6. Purchase Value – an amount within the limits of which the Company plans to acquire/acquires the Purchase Object.
Contract Delivery Terms, Quality and Guarantee3.1. Delivery shall be complemented not later than 20 August 2016;3.2. Purchase Object shall be in accordance with Technical Assignment;3.3. Point of delivery: Georgia, Tbilisi, Zubalashvili Brothers Street #48;3.4. The quality of Purchase Object shall be high, technical parameters shall be in accordance with contest requirements and with standards considered by The Law of Georgia; 4.
The provisions of these Limitations on Liability shall not apply to the liability of any Seller arising from a breach of the Title Matters, provided, however, that such liability of the Sellers shall be limited, together with any other liability of the Sellers under this Agreement, to an amount equal to the relevant Individual Purchase Price of the relevant Purchase Object or Shares.
Such procedure is without prejudice to all performances of the rest of the Object of Purchase (Object of Purchase minus its part/component affected by the international sanction) under this Agreement.