Purchaser and Purchaser definition

Purchaser and Purchaser s duly authorized agents or representatives shall be permitted to enter upon the Properties and, subject to Section 6.3, the location constituting the principal place of business of each Seller, Mood▇-▇▇▇ and to the extent Seller is able to obtain such access for Purchaser, the Allied Tract and the offices of the Partnerships, at all reasonable times during the Inspection Period in order to conduct engineering studies, soil tests and any other inspections, reviews and/or tests that Purchaser may deem reasonably necessary or advisable. In the event that the review and/or inspection conducted by this Section shows any fact, matter or condition to exist with respect to the Assets that is unacceptable to Purchaser, in Purchaser's sole discretion, or if for any reason Purchaser determines that purchase of the Assets is not feasible, then Purchaser shall be entitled, as Purchaser's sole remedy, to cancel this Agreement by providing written notice of cancellation to Seller prior to the expiration of the Inspection Period. If Purchaser shall provide written notice of cancellation prior to the expiration of the Inspection Period, then this Agreement shall be canceled, all Earn▇▇▇ ▇▇▇ey shall be immediately paid to Seller by the Title Company, Purchaser shall return to Seller all of the Due Diligence Items, and thereafter neither Seller nor Purchaser shall have any continuing obligations one unto the other except as provided in Section 21.10. Purchaser shall indemnify and hold Seller harmless from and against any and all claims, causes of action or expenses asserted against or incurred by Seller and arising out of the acts or failures to act of Purchaser or its representatives in connection with their inspections of any of the Assets. Notwithstanding any provision of this Agreement to the contrary, the foregoing indemnity shall survive any termination of this Agreement.
Purchaser and Purchaser s duly authorized agents or representatives shall be permitted to enter upon the Subject Property at all reasonable times during the Inspection Period in order to conduct engineering studies, soil tests and any other inspections and/or tests that Purchaser may deem necessary or advisable. In the event that the review and/or inspection conducted pursuant to this paragraph shows any fact, matter or condition to exist with respect to the Subject Property that is unacceptable to Purchaser, in Purchaser's sole discretion, or if for any reason Purchaser determines that purchase of the Subject Property is not feasible, then Purchaser shall be entitled, as Purchaser's sole remedy, to cancel this Contract by providing written notice of cancellation to Seller prior to the expiration of the Inspection Period. If Purchaser shall provide written notice of cancellation prior to the expiration of the Inspection Period, then this Contract shall be cancelled, all earn▇▇▇ ▇▇▇ey (less $100.00) shall be immediately returned to Purchaser by the Title Company, and thereafter neither Seller nor Purchaser shall have any continuing obligations one unto the other. REPRESENTATIONS, WARRANTIES, AND COVENANTS OF SELLER Seller makes the following warranties and representations to Purchaser:
Purchaser and Purchaser s duly authorized agents or representatives shall be permitted to enter upon the Subject Property at all reasonable times during the Inspection Period in order to conduct engineering studies, soil tests and any other inspections and/or tests that Purchaser may deem necessary or advisable. Purchaser further agrees to indemnify and hold Seller harmless from any claims or damages, including reasonable attorneys' fees, resulting from Purchaser's inspection of the Subject Property. In the event that the review and/or inspection conducted by this paragraph shows any fact, matter or condition to exist with respect to the Subject Property that is unacceptable to Purchaser, in Purchaser's sole discretion, or in the event that Purchaser is unable to arrange satisfactory financing for Purchaser's acquisition of the Subject Property, or if for any reason Purchaser determines that purchase of the Subject Property is not feasible, then Purchaser shall be entitled, as Purchaser's sole remedy, to cancel this Contract by providing written notice of cancellation to Seller prior to the expiration of the Inspection Period. If Purchaser shall provide written notice of cancellation prior to the expiration of the Inspection Period, then this Contract shall be cancelled, all Earnest Money shall be immediately returned to Purchaser by the Title ▇▇▇▇▇▇y, and thereafter neither Seller nor Purchaser shall have any continuing obligations one unto the other.

Examples of Purchaser and Purchaser in a sentence

  • In accordance with the terms and conditions of this agreement, Seller agrees to sell the Ownership Interests in the Asset to Purchaser, and Purchaser agrees to purchase the Ownership Interests in the Asset from Seller.

  • If Seller intends to assign, transfer or sell any of its Mortgage Servicing Rights to a replacement servicer, to the extent permitted by applicable law, (a) Seller shall consult with Purchaser and Purchaser shall participate in the assignment, transfer and sale of such Mortgage Servicing Rights, and (b) Seller shall obtain the written consent of Purchaser, granted by the Purchaser in its sole discretion, prior to any assignment, transfer or sale thereof.

  • Seller agrees to sell and convey the Property to Purchaser and Purchaser agrees to purchase the Property from Seller, all in accordance with the terms and conditions set forth in this Contract.

  • Those unpaid installments which are to become due and payable after the Settlement Date shall be paid and discharged by Purchaser and Purchaser shall take title to the Property (without reduction in Purchase Price) subject thereto, subject to apportionment as provided herein.

  • If Purchaser has not paid the Buyer’s Deposit in full or if Auction Firm has incurred any expenses due to default by Purchaser, and Purchaser has made payment(s) to Seller, then, upon notice from Auction Firm to the Seller, any payment(s) by Purchaser to Seller (“Payments to Seller”) shall be remitted to Auction Firm by the Seller and shall be subject to use as reimbursement to Auction Firm for any expenses incurred by Auction Firm due to default of Purchaser.

  • Subject to, and upon the terms and conditions of this Agreement, Seller will sell, transfer and assign to Purchaser, and Purchaser will acquire from Seller, all of Seller’s right, title and interest in and to the Current Excess Servicing Spread and all proceeds thereof with respect to the Mortgage Loans.

  • The Administrator may, upon at least thirty (30) days’ prior written notice to the Seller, each Purchaser and Purchaser Agent, resign as Administrator.

  • In accordance with the terms and conditions of this agreement, Seller agrees to sell the Ownership Interests in the Asset to Purchaser and Purchaser agrees to Purchaser the Ownership Interests in the Asset from Seller.

  • All corporate and other proceedings in connection with the transactions contemplated at the Closing and all documents incident thereto shall be reasonably satisfactory in form and substance to Purchaser, and Purchaser (or its counsel) shall have received all such counterpart original and certified or other copies of such documents as reasonably requested.

  • Seller shall provide access to all reports, surveys, analyses, and other documents within its control or possession and relating to the Property to Purchaser, and Purchaser agrees to provide Seller with copies of all reports, surveys and analyses regarding the Property upon receipt thereof by Purchaser at no cost to Seller.


More Definitions of Purchaser and Purchaser

Purchaser and Purchaser s duly authorized agents or representatives shall be permitted to enter upon the Subject Property at all reasonable times during the Inspection Period in order to conduct engineering studies, soil tests and any other inspections and/or tests that Purchaser may deem necessary or advisable. Purchaser further agrees to indemnify and hold Seller harmless from any claims or damages, including all reasonable attorneys' fees, resulting from Purchaser's inspection of the Subject Property. In the event that the review and/or inspection conducted by this paragraph shows any fact, matter or condition to exist with respect to the Subject Property that is unacceptable to Purchaser, in
Purchaser and Purchaser s Representatives under this Article 3 shall not constitute an interference with or disturbance of Purchaser's rights as tenant under the Leases. The restoration obligation contained in this Section 3.3(c) shall survive the termination of this Agreement.
Purchaser and Purchaser s duly authorized agents or representatives shall be permitted to enter upon the Subject Property at all reasonable times during the Inspection Period in order to conduct engineering studies, soil tests and any other inspections and/or tests that Purchaser may deem necessary or advisable; provided, however, that no drilling or other ground penetrations or physical sampling in any building shall be done without Seller's prior written consent, which consent shall not be unreasonably withheld or delayed. Purchaser further agrees to indemnify and hold Seller harmless from any claims or damages, including reasonable attorneys' fees, resulting from Purchaser's inspection of the Subject Property. In the event that

Related to Purchaser and Purchaser

  • Purchaser means the organization purchasing the goods.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Buyer has the meaning set forth in the preamble.

  • Buyer Parties means, collectively, the Buyer and its officers, directors, employees, subsidiaries, Affiliates (including the Company from and after the Closing) and their respective successors and permitted assigns.

  • Purchaser Parties means the Purchaser and each Permitted Transferee of the Purchaser to whom shares of Series A Preferred Stock or Common Stock are transferred pursuant to Section 5.08(b)(i) of the Investment Agreement.