Seller 3 definition
Examples of Seller 3 in a sentence
Holder shall disburse the ▇▇▇▇▇▇▇ money upon: (1) the closing of Property; (2) a subsequent written agreement of Buyer and Seller; (3) an order of a court or arbitrator having jurisdiction over any dispute involving the ▇▇▇▇▇▇▇ money; or (4) the failure of the parties to enter into a binding agreement (where there is no dispute over the formation or enforceability of the Agreement).
These should be completed before the Buyer makes an offer and certainly before the Seller 3 accepts a purchase offer, otherwise the Buyer may not be obligated under any contract to purchase such housing.
Holder shall disburse the ▇▇▇▇▇▇▇ money upon: (1) the Closing of the Property; (2) a subsequent written agreement of Buyer and Seller; (3) an order of a court or arbitrator having jurisdiction over any dispute involving the ▇▇▇▇▇▇▇ money; or (4) the failure of the parties to enter into a binding agreement (where there is no dispute over the formation or enforceability of the Agreement).
Seller 3 shall settle such claims by way of payments to the Company in accordance with the underlying terms, however, on the Closing Date at the latest.
If and to the extent Seller 1, Seller 2 and Seller 3 can be held liable under this Agreement, they shall be liable as several debtors (Teilschuldner) only and not as joint and several debtors (Gesamtschuldner).