SALE OF PREMISES definition

SALE OF PREMISES means a sale, acquisition, transfer, conveyance, assignment, mortgage, pledge, finance or refinance of any interest in a Premises except a distribution of real estate to a family member, a conveyance to a trust where the grantor is a beneficiary or remainder of the trust, a conveyance among family members (husband and wife, lineal ascendent and lineal descendent, children of thesame parent) or between persons who were previously married but who have since been divorced.
Sample 1
SALE OF PREMISES. In the event Owner desires to sell the Property, Agent shall have the exclusive right to act as Broker for and on behalf of Owner. Brokerage commissions for such sale shall be agreed upon between the parties prior to the property being offered for sale. CODE COMPLIANCE: Agent does not assume any responsibility for the compliance of any building on the Property, or any equipment thereon, as same relates to the requirements of any statute, ordinance, law or regulation of any government body or of any public authority or official thereon. However, Agent shall promptly notify Owner of any complaints, warnings, notices or summonses received by Agent relating to such matters.
Sample 1

Examples of SALE OF PREMISES in a sentence

  • Execution for Sale of Premises Dinsmore & Shohl LLP Attorney(s)(610) 408-6020By virtue of the Default Judgment dated July 24, 2013, Jones Lang LaSalle Americas, Inc., the Court- appointed Receiver in this matter, shall expose for sale by public venue and pursuant to 28 U.S.C. § 2001, et seq., and sell to the highest bidder on September 19, 2013, at 11:00 a.m., prevailing time, at 351 W.

  • Over the five-year period, males comprised 75% of the overall graduate PA student population, while females comprised 25% of the overall graduate PA student population.

  • Cash Flows from Investing ActivitiesPayments for Purchase of Securities (31,062,410)Proceeds from Sale of Securities22,316,262Proceeds from Redemption of Securities6,747,494Payments for Increase in Money Held in Trust(733)Proceeds from Decrease in Money Held in Trust18,796Payments for Purchase of Premises and Equipment(51,281)Proceeds from Sale of Premises and Equipment9,783Net Cash Used in Investing Activities(2,022,088)III.

  • Energy Efficiency Ratings (Sale of Premises) (Amendment) Bill 1999 This Bill would amend the Energy Efficiency Ratings (Sale of Premises) Act 1997 to clarify the coverage of the Act in relation to premises that may be used for residential purposes, to provide that an energy efficiency statement may form part of a contract for sale of premises, and to create new offences in relation to the making of a false or misleading energy efficiency statement.

  • Sale of Premises by LessorThis Lease (Lease) dated as of the day of, 2016 is entered into by and between the City of Martinez, a Municipal Corporation (Lessor), and John McClearnen and Keeli McClearnen, jointly and severally (Lessee), hereinafter together referred to as the “Parties.”‌‌‌ Section 1.

  • Nowhere in the Decree for Sale of Premises, executed by the presiding judge in the judicial sale action, is Rosen Hoover, P.A. mentioned or given any role in connection with the sale or the actions surrounding the sale.

  • ENERGY EFFICIENCY RATINGS (SALE OF PREMISES) (AMENDMENT) BILL 1999 MS TUCKER (10.31): I present the Energy Efficiency Ratings (Sale of Premises) (Amendment) Bill 1999, together with its explanatory memorandum.

  • If this clause is to remain we can provide a suggested wording for this clause.Sale of premises access termUnder Sale of Premises in the Standard Form Agreement the wording has changed in relation to tenants providing access for purchasers from prospective to potential purchasers.

  • Sale of Premises Provisions: DHCD requires a strong presentation to property owners and tenants about the rights and responsibilities of each party.

  • In addition, a section 86 Sale of Premises termination notice cannot specify a termination date before the end of the fixed term where there is a fixed term agreement in place.

Related to SALE OF PREMISES

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • Premises Building Partial Damage shall herein mean damage or destruction to the building of which the Premises are a part to the extent that the cost of repair is less than 50% of the then replacement cost of such building as a whole.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Residence premises means the unit where you reside shown as the "residence premises" in the Declarations.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • trade premises means any premises used or intended to be used for carrying on any trade or industry;

  • the Premises means the building or part of the building booked and referred to in the contract

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Banking Premises means the interior of that portion of any building occupied by a banking institution or similar safe depository.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • On-premises sign means a sign advertising activities conducted or maintained on the property on which it is located. The boundary of the property shall be as determined by tax rolls, deed registrations, and apparent land use delineations. If a sign consists principally of brand name or trade name advertising and the product or service advertised is only incidental to the principal activity conducted or maintained on the property, or if the sign brings rental income to the property owner or sign owner, it shall be considered the business of outdoor advertising and not an on-premises sign. On-premises sign does not include a sign on a narrow strip of land contiguous to the advertised activity, or a sign on an easement on adjacent property, when the purpose is clearly to circumvent the intent of this act.

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Modular building means, but shall not be limited to, single and multifamily houses, apartment

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • registered premises means a location that is licensed pursuant to this chapter and includes: