SPC Agreement definition
Examples of SPC Agreement in a sentence
This Agreement (and all Exhibits and closing documents referenced herein), the SPC Agreement and the 19th Hole Agreement contain the entire integrated agreement between the parties respecting the subject matter of this Agreement and supersede all prior understandings and agreements, whether oral or in writing, between the parties respecting the subject matter of this Agreement.
Section 4 of the Jacksonville Terminal Agreement, contained in Section 5.7 of the Schedules and Exhibits to the SPC Agreement, is amended by replacing "five (5) years" with "two (2) years".
Neither party, as of the date of this letter agreement, knows of any right that it has to terminate the Agreements other than item (iii) in the definition of "Real Property Matter" in the SPC Agreement.
Schedules 2.4 and 2.5 to the SPC Agreement are hereby amended in their entirety as set forth on Schedule 2.4 and 2.5 to this letter agreement.
If Buyer has not cured such default within such seven (7) day period, then Seller may terminate this Agreement pursuant to this Section 2.3. If Seller elects to terminate this Agreement because of an uncured material default by Buyer, the termination of the SPC Agreement or the termination of the 19th Hole Agreement, then Seller shall give Buyer and Escrow Holder written notice that Seller elects to terminate this Agreement.
Sections 11.4 and 11.5 of the SPC Agreement are hereby deleted in their entirety and replaced by Exhibit A-1 attached to this letter agreement.
Purchaser agrees that an Escrow Fund shall not be required and no portion of the Aggregate Purchase Price shall be paid as described in Section 2.3.1 of the SPC Agreement.
All notices, requests, demands, waivers and other communications required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been duly given if delivered in person or mail, certified or registered mail with postage prepaid, or sent by telex, telegram or telecopier, to the address set forth in Section 9.5 of the SPC Agreement.
Any person who becomes a party to the SPC Agreement to which the Shareholders are a party pursuant to a Joinder Agreement referred to therein may, pursuant to the terms of such Joinder Agreement, be made a party to this Agreement, and thereupon shall be considered to be a Shareholder for all purposes hereof.
The corpus of a trust fund created by an SPC Agreement and any related pool supplement, consisting of a pool of mortgage-related securities and other mortgage-related assets.