Contracts for Sale Sample Clauses

The 'Contracts for sale' clause defines the terms and conditions under which goods, property, or services are sold from one party to another. It typically outlines the obligations of both the buyer and seller, including payment terms, delivery schedules, and the transfer of ownership or risk. For example, it may specify when the title to goods passes to the buyer or what happens if goods are damaged in transit. The core function of this clause is to provide a clear framework for the sale transaction, ensuring both parties understand their rights and responsibilities and reducing the potential for disputes.
Contracts for Sale. Notwithstanding paragraph 10, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Subdivision or any portion of the Subdivision if the contract or agreement clearly states that no portion of the Subdivision shall be conveyed until the Subdivider’s obligations under this Agreement are fully performed. Bulk sales. Notwithstanding paragraph 10, the Trustee may sell and convey all of the Subdivision in one transaction to a single purchaser who has tendered to the Town satisfactory assurances for the completion of the Improvements. Conveyance out of trust for encumbrance. Notwithstanding Paragraph 10, the Trustee may convey all or part of the Subdivision to the Subdivider or to a beneficiary of the Trust solely for the purpose of encumbering the Subdivision, provided that the Subdivision is thereafter immediately reconveyed into the Trust. Any person or entity who records an encumbrance or security agreement against all or any portion of the Subdivision shall be subject to the obligations of this Agreement.
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Contracts for Sale. Notwithstanding Paragraph 9, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Property or any portion of the Property if the contract or agreement clearly states that no portion of the Property shall be conveyed until the Subdivider performs its obligation under this Agreement. Prior to entering into a contract or contracts for sale or deposit receipt agreement, the Trustee shall submit to the City for its approval a copy of the form of contract or agreement containing the disclosure of limitation on the power to convey.
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Contracts for Sale. Notwithstanding Section 11, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Subdivision or any portion of the Subdivision if the contract or agreement clearly states that no portion of the Subdivision shall be conveyed until the Subdivider’s obligations under this Agreement are fully performed.
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Contracts for Sale. Notwithstanding Paragraph 10, the Trustee may enter into a contract or a deposit receipt agreement for the sale of the Property or any portion of the Property if the contract or agreement clearly states that no portion of the Property shall be conveyed until the Subdivider’s obligations under this Agreement are fully performed. Bulk sales. Notwithstanding Paragraph 10, the Trustee may sell and convey all of the Property in one transaction to a single purchaser who has tendered to the Town satisfactory assurances for the completion of the Improvements. Conveyance out of trust for encumbrance. Notwithstanding Paragraph 10, the Trustee may convey all or part of the Property to the Subdivider or to a beneficiary of the Trust solely for the purpose of encumbering the Property, provided that the Property is thereafter imme­diately reconveyed into the Trust. Any person or entity who records an encumbrance or security agreement against all or any portion of the Property shall be subject to the obligations of this Agreement.
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Contracts for Sale. Notwithstanding paragraph 10, the Optionee Trustee may enter into a contract or a deposit receipt agreement for the sale of one or more of the Subject Lots if the contract or agreement clearly states that none of the Subject Lots shall be conveyed until the Optionee’s obligations under this Agreement are fully performed. Bulk sales. Notwithstanding paragraph 10, the Optionee Trustee may sell and convey all of the Subject Lots in one transaction to a single purchaser who has tendered to the Town satisfactory assurances for the completion of the Improvements. Conveyance out of trust for encumbrance. Notwithstanding paragraph 10, the Optionee Trustee may convey one or more of the Subject Lots to the Optionee or to a beneficiary of the Trust solely for the purpose of encumbering the Subject Lots, provided that the Subject Lots are thereafter immediately reconveyed into the Trust. Any person or entity who records an encumbrance or security agreement against one or more of the Subject Lots shall be subject to the obligations of this Agreement.
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Contracts for Sale. Seller has not entered into any other contracts for sale of the Property or any portion thereof or interest therein which have not been terminated, nor do there exist any rights of first refusal, options to purchase or offers by Seller to sell the Property or any portion thereof.
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Contracts for Sale. (a) Such Grantor lawfully holds rights and interests in each Contract for Sale to which it is a party, has the power and authority to assign its interest under such Contract for Sale and has not executed any other document or instrument that might prevent or limit the Administrative Agent from operating under or realizing the benefits of the terms, conditions and provisions of this Agreement. (b) Neither applicable law nor any provision of any Contract for Sale to which such Grantor is a party restricts or prohibits such Grantor from assigning, transferring or granting a security interest in such Grantor’s right, title or interest in any such Contract for Sale, and none of the execution, delivery or the performance of this Agreement will violate any applicable law, result in a breach by such Grantor of any of the terms of any such Contract for Sale or give rise to any right of the counterparty or counterparties to any such Contract for Sale to terminate such Contract for Sale. (c) Such Grantor is not in default under any Contract for Sale to which it is a party, and to such Grantor’s knowledge, no other party to any such Contract for Sale is in default thereunder.
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Contracts for Sale. (a) Subject to Section 5.1(c), such Grantor shall perform and observe, in a timely manner, all of the covenants, conditions, obligations and agreements of such Grantor under each Contract for Sale to which it is a party and shall suffer or permit no delinquency on its part to exist thereunder. (b) Subject to Section 5.1(c), such Grantor shall use its commercially reasonable efforts to enforce or secure the performance of each and every obligation, covenant, condition and agreement to be performed by the counterparty or counterparties to each Contract for Sale to which such Grantor is a party. (c) In connection with each sale consummated under a Contract for Sale to which such Grantor is a party, such Grantor shall direct the relevant title company, title agent or escrow agent to transfer proceeds payable to such Grantor (including, without limitation, any related Escrow Proceeds Receivables) directly to a Deposit Account constituting Collateral hereunder.
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Contracts for Sale. Notwithstanding Paragraph 2, Trustee may enter into a contract or deposit receipt agreement for the sale of the Property or any portion of it if the agreement clearly states that no portion of the Property shall be conveyed until Beneficiary performs its obligations under the Assurance Agreement.
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Related to Contracts for Sale

  • Solicitations for Subcontracts Including Procurements of Materials and Equipment. In all solicitations either by competitive bidding or negotiation made by the Engineer for work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subcontractor/subconsultant or supplier shall be notified by the Engineer of the Engineer's obligations under this Contract and the Regulations relative to nondiscrimination on the grounds of race, color, or national origin.

  • Service Contracts (a) The Trustees may, at any time and from time to time, contract for exclusive or nonexclusive advisory, management and/or administrative services for the Trust or for any Series with any Person; and any such contract may contain such other terms as the Trustees may determine, including without limitation, authority for the Investment Adviser to determine from time to time without prior consultation with the Trustees what investments shall be purchased, held, sold or exchanged and what portion, if any, of the assets of the Trust shall be held uninvested and to make changes in the Trust's investments, and such other responsibilities as may specifically be delegated to such Person. (b) The Trustees may also, at any time and from time to time, contract with any Persons, appointing such Persons exclusive or nonexclusive distributor or Principal Underwriter for the Shares of one or more of the Series or other securities to be issued by the Trust. Every such contract may contain such other terms as the Trustees may determine. (c) The Trustees are also empowered, at any time and from time to time, to contract with any Persons, appointing such Person(s) to serve as custodian(s), transfer agent and/or shareholder servicing agent for the Trust or one or more of its Series. Every such contract shall comply with such terms as may be required by the Trustees. (d) The Trustees are further empowered, at any time and from time to time, to contract with any Persons to provide such other services to the Trust or one or more of the Series, as the Trustees determine to be in the best interests of the Trust and the applicable Series. (e) The fact that: (i) any of the Shareholders, Trustees, or officers of the Trust is a shareholder, director, officer, partner, trustee, employee, Manager, adviser, Principal Underwriter, distributor, or affiliate or agent of or for any Person with which an advisory, management or administration contract, or Principal Underwriter's or distributor's contract, or transfer, shareholder servicing or other type of service contract may be made, or that (ii) any Person with which an advisory, management or administration contract or Principal Underwriter's or distributor's contract, or transfer, shareholder servicing or other type of service contract may be made also has an advisory, management or administration contract, or principal underwriter's or distributor's contract, or transfer, shareholder servicing or other service contract, or has other business or interests with any other Person, shall not affect the validity of any such contract or disqualify any Shareholder, Trustee or officer of the Trust from voting upon or executing the same, or create any liability or accountability to the Trust or its Shareholders, provided approval of each such contract is made pursuant to the applicable requirements of the 1940 Act.