To be obtained by Buying Entity Clause Samples
The "To be obtained by Buying Entity" clause defines the specific documents, approvals, or consents that the purchasing party is responsible for securing as part of a transaction. In practice, this may include permits, licenses, or third-party consents required before the deal can close or certain obligations can be performed. By clearly allocating responsibility for obtaining these items to the buyer, the clause helps prevent delays and disputes, ensuring that all necessary prerequisites are met for a smooth transaction.
To be obtained by Buying Entity. Any authorizations required of Buying Entity, including those required for installation of system at the premises. Permissions and coordination with DISCOM or any related organization for Net Metering. Buying Entity will apply for net metering and bear the cost of net meter only.