AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS Sample Clauses

The "Agreement of Purchase and Sale and Joint Escrow Instructions" clause establishes the binding contract between the buyer and seller for the transfer of property, while also setting out the instructions for the escrow agent who will facilitate the transaction. This clause typically outlines the terms of the sale, such as the purchase price, closing date, and any conditions that must be met, and provides detailed directions to the escrow holder regarding the handling of funds and documents. Its core practical function is to ensure that both parties are legally committed to the transaction and that the escrow process is clearly defined, thereby reducing the risk of misunderstandings or disputes during the closing process.
AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. This Agreement of Purchase and Sale and Joint Escrow Instructions (this “Agreement”) is entered into as of the Agreement Date by and between MS PASADENA, LLC, a Delaware limited liability company (“Seller”), and INDYMAC BANK, F.S.B., a Federal Savings Bank (“Buyer”). Seller and Buyer hereby agree as follows:
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AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. This AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (“Agreement”), dated as of the Effective Date, is made between Seller and Buyer, who for valuable consideration received, agree as follows:
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AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. THIS AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS ("Agreement") is made and entered into as of April 18, 1997, and constitutes an agreement by which PATRIOT AMERICAN HOSPITALITY, INC., a Virginia corporation ("Seller"), agrees to sell, and PW ACQUISITIONS IV, LLC, a Delaware limited liability company ("Buyer"), agrees to purchase the following:
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AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. This FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (this “First Amendment”) is made and entered into as of the 29th day of October 2021, by and between CIO SM LAND HOLDINGS, LLC, a Delaware limited liability company and CIO 9985 PACIFIC HEIGHTS, LLC, a Delaware limited liability company (collectively, “Seller”), and [***] (“Buyer”). Buyer and Seller are collectively referred to herein as the “Parties.”
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AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. This AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (this “Agreement”) is made and entered into as of May 15, 2003 (being the Effective Date, as such term is defined herein), by and among: TST WATERVIEW I, L.L.C., a Delaware limited liability company (“Seller”); VERISIGN, INC., a Delaware corporation, on behalf of its designees, successors and assigns (“Purchaser”); and ANCHOR TITLE INSURANCE COMPANY, a Maryland corporation, as agent for Ticor Title Insurance Company (“Escrow Agent”).
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AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS. This Agreement of Purchase and Sale and Joint Escrow Instructions (the “Agreement”) is entered into as of the 25th day of September, 2006 (“Effective Date”), by and between COLORADO HOTEL HOLDING, LLC, a Delaware limited liability company (“CHH”) CORDILLERA LODGE & SPA, LLC, a Delaware limited liability company (“CL&S”), COLORADO HOTEL OPERATOR, INC., a Delaware corporation (“CHO”) and CORDILLERA LAND, LLC (“CL”) (each, a “Seller” and collectively, “Sellers”), and CORDILLERA PARTNERS, LLC, a Delaware limited liability company (“Purchaser”), with reference to the following:
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Related to AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS

  • Agreement of Purchase and Sale 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.

  • Escrow Instructions Upon execution of this Agreement, the parties hereto shall deposit an executed counterpart of this Agreement with the Title Company, and this instrument shall serve as the instructions to the Title Company as the escrow holder for consummation of the purchase and sale contemplated hereby. Seller and Buyer agree to execute such reasonable additional and supplementary escrow instructions as may be appropriate to enable the Title Company to comply with the terms of this Agreement; provided, however, that in the event of any conflict between the provisions of this Agreement and any supplementary escrow instructions, the terms of this Agreement shall control.

  • EXECUTION OF PURCHASE AND SALE ORDERS In connection with purchases or sales of portfolio securities for the account of the Fund, it is understood that you will arrange for the placing of all orders for the purchase and sale of portfolio securities for the account with brokers or dealers selected by you, subject to review of this selection by the Board from time to time. You will be responsible for the negotiation and the allocation of principal business and portfolio brokerage. In the selection of such brokers or dealers and the placing of such orders, you are directed at all times to seek for the Fund the best qualitative execution, taking into account such factors as price (including the applicable brokerage commission or dealer spread), the execution capability, financial responsibility and responsiveness of the broker or dealer and the brokerage and research services provided by the broker or dealer. You should generally seek favorable prices and commission rates that are reasonable in relation to the benefits received. In seeking best qualitative execution, you are authorized to select brokers or dealers who also provide brokerage and research services to the Fund and/or the other accounts over which you exercise investment discretion. You are authorized to pay a broker or dealer who provides such brokerage and research services a commission for executing a Fund portfolio transaction which is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if you determine in good faith that the amount of the commission is reasonable in relation to the value of the brokerage and research services provided by the executing broker or dealer. The determination may be viewed in terms of either a particular transaction or your overall responsibilities with respect to the Fund and to accounts over which you exercise investment discretion. The Fund and you understand and acknowledge that, although the information may be useful to the Fund and you, it is not possible to place a dollar value on such information. The Board shall periodically review the commissions paid by the Fund to determine if the commissions paid over representative periods of time were reasonable in relation to the benefits to the Fund. Consistent with the Rules of Fair Practice of the National Association of Securities Dealers, Inc., and subject to seeking best qualitative execution as described above, you may give consideration to sales of shares of the Fund as a factor in the selection of brokers and dealers to execute Fund portfolio transactions. Subject to the provisions of the 1940 Act, and other applicable law, you, any of your affiliates or any affiliates of your affiliates may retain compensation in connection with effecting the Fund's portfolio transactions, including transactions effected through others. If any occasion should arise in which you give any advice to clients of yours concerning the shares of the Fund, you will act solely as investment counsel for such client and not in any way on behalf of the Fund. Your services to the Fund pursuant to this Agreement are not to be deemed to be exclusive and it is understood that you may render investment advice, management and other services to others, including other registered investment companies.

  • Purchase and Sale Agreement The Participating Investors and the selling Key Holder agree that the terms and conditions of any Proposed Key Holder Transfer in accordance with this Section 2.2 will be memorialized in, and governed by, a written purchase and sale agreement with the Prospective Transferee (the “Purchase and Sale Agreement”) with customary terms and provisions for such a transaction, and the Participating Investors and the selling Key Holder further covenant and agree to enter into such Purchase and Sale Agreement as a condition precedent to any sale or other transfer in accordance with this Section 2.2.

  • Terms of Purchase and Sale a. For residential customers, the RFG capacity may not exceed twenty (20) kilowatts alternating current, and for non-residential customers, the RFG capacity may not exceed one (1) megawatt alternating current. The total connected capacity of all generators shall not exceed 1.0% of the Cooperative’s Virginia peak-load forecast for the previous year. b. For general purposes, the Customer’s tariff shall be that tariff under which Customer would be served if Customer were not a net energy metering customer (the Customer’s standard tariff). Time-of-use net metering is not permitted under an electricity supply service tariff having no demand charges. c. Over the Billing Period, electricity generated by Customer’s RFG shall be metered and shall be netted against the electricity supplied to Customer by Cooperative. Customer shall receive a Billing Period Credit in any Billing Period in which the quantity of electricity generated and fed back into the electric grid by Customer’s RFG exceeds the electricity supplied to Customer for the Billing Period. d. For any Billing Period in which generation exceeds consumption, producing a Billing Period Credit, the monthly charge shall be based only on the fixed charges of Customer’s standard tariff. Customer must pay only the nonusage sensitive charges for any Billing Period in which a Billing Period Credit exists. If Customer is under a time-of-use tariff with net metering, Excess Generation is determined separately for each time-of-use tier. Customer must pay only the demand charges and the nonusage sensitive charges in any Billing Period when there are credits in all tiers for that Billing Period. e. Billing Period Credits will be carried forward and applied to offset future consumption charges within the Net Metering Period. Billing Period Credits shall be accumulated, carried forward, and applied at the first opportunity to any Billing Periods having positive net consumptions (by tiers, in the case of time-of-use customers). f. Customer shall be solely responsible for complying with any and all other requirements of federal, state, or local law or regulation regarding the operation or maintenance of its RFG. Cooperative shall not be responsible for any additional costs related to ensuring the RFG’s compliance with any legal or regulatory requirements.