Sale of Real Property Sample Clauses

Sale of Real Property. Seller agrees to sell to Buyer and Buyer agrees to buy from Seller the Real Property.

Sale of Real Property. 63 9.17 Secretary's Certificate......................................... 63 9.18

Sale of Real Property. This Amendment No. 3 to Agreement For Purchase And Sale Of Real Property (the "Agreement") is made and entered into as of the 30th day of November, 2001 by and between Macromedia, Inc., a Delaware corporation ("Seller"), and Menlo Equities Associates LLC, a California limited liability company ("Buyer").

Sale of Real Property. During the Security Period, neither the Company nor any of the Subsidiaries shall sell, transfer, farm-out, assign or dispose of any Real Property (and any of the Collateral used in connection with the operation of such Real Property) (a “Collateral Disposition”), except in a good faith, arm’s length transaction with Persons who are not officers or directors, provided that (i) the net cash proceeds of the Collateral Disposition are immediately deposited into a Deposit Account (as defined in the Security Agreement) covered by an Account Control Agreement, or, if any of the consideration consists of Real Property or other assets, the Buyers are provided with a valid, perfected first priority security interest therein within two (2) Business of the Collateral Disposition, (ii) immediately before and immediately after giving effect to such Collateral Disposition, no Event of Default (as defined in the Notes) shall have occurred and be continuing, and, within the ninety (90) days prior to such Collateral Disposition, no event shall have occurred that, with the giving of notice or passage of time and without being cured would constitute an Event of Default (any such Collateral Disposition, a “Permitted Collateral Disposition”), and (iii) immediately before and immediately after giving effect to such Collateral Disposition, there shall not be a Financial Covenant Test Failure (as defined in the Notes), and if such Collateral Disposition had occurred as of the last day of the period covered by the most recently filed Periodic Report, there would not have been a Financial Covenant Test Failure. Upon a Permitted Collateral Disposition, the Buyers shall, and shall cause the Collateral Agent (if applicable), at the Company’s sole expense, to promptly release any Lien encumbering that portion of the Real Property and any of the Collateral used in connection with the operation of such Real Property that is sold, transferred, farmed-out, assigned, or disposed of, provided that the Company and each applicable Subsidiary shall have delivered to the Buyers or the Collateral Agent (if applicable) a written notice from the Company and each applicable Subsidiary, which notice shall contain no material non-public information, (1) requesting the release of the Liens encumbering the Real Property and Collateral to be sold, transferred, farmed-out, assigned or disposed of, (2) describing the proposed Real Property and Collateral sold, transferred, farmed-out, assigned or disposed ...

Sale of Real Property. The Seller does hereby agree to sell and convey to the Buyer by a good and sufficient warranty deed the following described real estate (“Real Property”) situated in Mitchell County, Kansas, to-wit: The Northwest Quarter (NW¼) of Section Twelve (12), Township Eight (8) South, Range Six (6) West of the Sixth Principal Meridian, and the East Ten (10) Acres of the Southeast Quarter of the Northeast Quarter (SE¼NE¼) of Section Eleven (11), Township Eight (8) South, Range Six (6) West of the Sixth Principal Meridian, Mitchell County, Kansas.

Sale of Real Property. (a) Both parties shall take all necessary steps and execute all necessary documents to cause the real property know as to be sold by private treaty at the earliest possible date at a price to be agreed on between the parties and failing such agreement to be determined by the proper officer of the Real Estate Institute or their nominee and that the proceeds of the said sale be disbursed as follows: (i) Payment of agent’s commission and advertising expenses and legal expenses of the sale; (ii) Payment of any money due and owing to the mortgagee; (iii) The net balance to be divided between the parties as follows: (1) to the wife; and (2) to the husband. (b) That in the event that the real property fails to be sold by private treaty within a period of 3 months of this agreement, then each party take all necessary steps and execute all necessary documents to cause the said property to be sold by auction at the earliest possible date at a reserve to be agreed upon between the parties and failing such agreement to be determined by the proper officer of the Real Estate Solicitor

Sale of Real Property. Use its best efforts to sell the Real Property, in arms length transactions, for cash considerations equal to or greater than the fair market value of the Real Property at the time of such sale.

Sale of Real Property. (a) In the event the Trust enters into an agreement relating to the sale of land underlying the Cincinnati Marriott and the subordinate leasehold mortgages thereon (the "Cincinnati Property") prior to the Closing, such ------------------- agreement shall be substantially in the form of Exhibit B attached hereto. In --------- the event such agreement is not substantially in the form of Exhibit B, the --------- Purchasers must consent to the form of such agreement, such consent not to be unreasonably withheld. (b) In the event the sale of the Cincinnati Property is consummated prior to the Closing, the Trust and the Company shall cause an amount equal to $300,000 to be invested in one or more investments identified on Schedule 4.3 ------------ attached hereto.

Sale of Real Property. Any sale of any of the Real Property. City of Kaukauna agrees to give WNC Holding, LLC, a California limited liability company, its successors and assigns] (the “Equity Investor”) written notice of any and all defaults by the Borrower under the Loan Documents, and an opportunity, at the Equity Investor’s option, to cause the cure of such default within the cure periods set forth above. City of ▇▇▇▇▇▇▇▇ agrees to accept any cure by Equity Investor as if such cure were made by Borrower.