Intent to Purchase Sample Clauses

The Intent to Purchase clause formally expresses one party's commitment to buy goods, services, or property from another party. Typically, this clause outlines the basic terms of the intended transaction, such as the subject of the purchase, anticipated price, and any conditions that must be met before a final agreement is executed. Its core function is to document the parties' mutual understanding and preliminary agreement, providing a foundation for further negotiation and reducing uncertainty about each party's intentions.
Intent to Purchase. Although this solicitation and resultant contract may state a specific model or version and an estimated number of items or units to be purchased, it is understood and agreed that the City may purchase additional products and/or services from the contractor including subsequent product releases or replacement products at the original submitted price; provided that these additional items do not materially differ from the original product and represent the same manufacturer and essential functionality.
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Intent to Purchase. The person or entity stated above (“Buyer”) intends to purchase a factory-built residential manufactured home (the “Home”) from Brasstown Mountain Ventures LLC (“Brasstown”) in accordance with the style, configuration and purchase price specified above. Buyer wishes to establish this preconstruction reservation Agreement (a “Reservation”) in order to reserve an option to purchase the Home from Brasstown when information regarding the final size, configuration, décor, features, specifications, installation location, purchase contract and related documents (the “Contract Documents”) are available for Buyer’s final review and approval. The Reservation shall be effective during the period beginning on the date the Reservation is accepted by both the Buyer and Brasstown (the “Reservation Date”) and ending on either a) the date Buyer establishes a Home purchase and sale agreement with Brasstown, b) Buyer provides a written termination notice to Brasstown, or c) seven (7) calendar days after the final Contract Documents are provided for Buyer’s review and approval, whichever occurs earlier. All Home sales will be conducted in accordance with applicable laws and regulations governing the purchase and sale of real estate property or personal property in the state of North Carolina.
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Intent to Purchase. Upon receipt of the License Holders' intent to purchase the System at the value established above, the County shall have forty-five (45) days within which to accept the valuation as the purchase price of the System. In the event the purchase price is not acceptable, the parties shall have one hundred twenty (120) days within which to negotiate an acceptable purchase price.
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Intent to Purchase. The person or entity stated above (“Buyer”) intends to purchase from Eagle Park Homes, LLC (the “Developer”) a residential homesite and home (together a “Home”) in Hawk Ridge Landing in Murphy, North Carolina (the “Community”). Buyer offers this preconstruction reservation (the “Reservation”) for the Home specified above. Buyer understands the Home is reserved prior to construction, in accordance with applicable laws and regulations governing the purchase and sale of real estate property in North Carolina. Buyer understands and consents to the obligations, terms, and conditions specified in this Reservation Agreement (the “Agreement”) and submits the attached ▇▇▇▇▇▇▇ money deposit (the “Reservation Deposit”) to be held in escrow by
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Intent to Purchase. The Buyer desires to purchase a newly constructed home to be built on Lot in the Lakes.
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Intent to Purchase. The person or entity stated above (“Buyer”) intends to purchase a new home and homesite from Eagle Park Homes, LLC (the “Developer”) in the residential community Eagle Park at Hawk Ridge Landing in Murphy, North Carolina (the “Community”). Upon acceptance of this preconstruction reservation agreement (the “Reservation”) by Developer and Buyer, Buyer has exclusive rights to acquire the homesite location in the Community and the factory-built home make and model specified above. This Reservation is valid for 90 calendar days after the date of acceptance by both Developer and ▇▇▇▇▇. Developer offers this Reservation to Buyer prior to the start of home construction and in accordance with applicable laws and regulations governing the purchase and sale of real estate property in North Carolina. Buyer consents to the obligations, terms, and conditions specified in this Reservation and provides an ▇▇▇▇▇▇▇ money deposit in the amount specified above (the “Reservation Deposit”), which shall be held in escrow by ▇▇▇▇▇ ▇▇▇ Firm, PC of Murphy, NC (the “Attorney”) and applied to the final purchase price of the home.
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Related to Intent to Purchase

  • Right to Purchase Section 11.23

  • Election to Purchase (To Be Executed Upon Exercise of Warrant)

  • Agreement to Purchase and Sell Except for the Excluded Assets, upon the terms and subject to the conditions set forth herein, Sellers agree to sell, convey, assign, deliver and transfer to Purchaser, free and clear of all Liens other than Permitted Liens, and Purchaser agrees to purchase from Sellers and take possession of, effective as of the Effective Time, all right, title and interest of Sellers in and to all of the tangible and intangible assets of Sellers that are used (in whole or in part) in the conduct of the Business, wherever such assets are located and whether real, personal or mixed, tangible or intangible, and whether or not any of such assets have any value for accounting purposes or are carried or reflected on or specifically referred to in Sellers’ books and records (collectively, “Purchased Assets”), including the following: (a) all Tangible Personal Property owned by Sellers and all rights of the Sellers in Tangible Personal Property leased by them, including those items listed on Schedule 2.1(a); (b) all Inventory; (c) all Accounts Receivable solely to the extent and in the amounts recorded on the Final Closing Balance Sheet and included in the Final Closing Calculation or otherwise arising in the Ordinary Course from and after the Effective Time until Closing, and any claim, remedy or other right related to any of the foregoing; (d) all rights of Sellers under the Assigned Contracts; (e) all ▇▇▇▇▇ cash located in cash drawers at the Leased Real Property (“▇▇▇▇▇ Cash”); (f) all rights of Sellers with respect to the Leased Real Property; (g) all rights of Sellers under all Permits related to the Business, in each case to the extent that they are transferable to Purchaser, including those set forth on Schedule 4.11(b) (the “Assigned Permits”); (h) all goodwill of the Business; (i) all rights of Sellers under all Intellectual Property owned by Sellers; (j) all data and records maintained by Sellers to the extent related to the operation of the Business, including supplier, client and customer lists and records, referral sources, research and development reports, production reports, service and warranty records, equipment logs, operating guides and manuals, copies of financial and accounting records, copies of those portions of the Tax Returns and other Tax records pertaining solely to the Purchased Assets or the Business, advertising and promotional materials (unless containing the name “Centex”), studies, reports, correspondence and other similar documents and records, in whatever media retained or stored, including computer programs and disks, but not including any data, records or other materials to the extent related to employees or personnel of the Business who are not Transferred Employees; (k) deposits, advances, pre-paid expenses, accrued rebates and credits of the Business recorded on the Final Closing Balance Sheet and included in the Final Closing Calculation or arising in the Ordinary Course from and after the Effective Time until Closing; (l) all cash or cash equivalents received after the Effective Time in respect of the Accounts Receivable described in Section 2.1(c); (m) all rights to causes of action, lawsuits, judgments, claims and demands of any nature available to or being pursued by any Seller, whether arising by way of counterclaim or otherwise, arising out of or as and to the extent relating to the Business, other than as and to the extent relating to any Excluded Assets or Excluded Liabilities; and (n) all rights in and under all express or implied guarantees, warranties, representations, covenants, indemnities and similar rights in favor of any Seller arising out of or as and to the extent relating to the Business, other than any such rights as and to the extent relating to any Excluded Assets or Excluded Liabilities.