buyback agreement

buyback agreement

A provision in a contract requiring the seller to buy the property back for a stated price if certain conditions are met within a specified period of time.One wishing to purchase an existing automobile dealership may purchase the land first,with a buyback agreement requiring seller repurchase if the purchaser is unable to obtain manufacturer approval for transfer of the dealership itself.

References in periodicals archive ?
In particular, this included an innovative 'youth nurseries' programme that used the incentive of a buyback agreement at a fixed sapling price and partial advance payments to provide decent self-employment to youth as well as rural women.
Now, Air Products intends to buy back the two ASUs for approximately $100 million and supply industrial gases via pipelines to Jinmei Huayu under a long-term supply agreement, subject to finalization of a buyback agreement and any government and regulatory approvals.
BANKING AND CREDIT NEWS-February 22, 2017-Bristol-Myers Squibb approves buyback agreement
M2 EQUITYBITES-February 22, 2017-Bristol-Myers Squibb approves buyback agreement
He said the county signed a three-year deal with Holt through a buyback agreement from the company.
Zanganeh didn't mention the name of Chinese companies, but Abdolreza Hoseininejad, CEO of Oil Engineering and Development Company told Fars in April that Iran seeks to reach a buyback agreement with Sinopec over the development of the second phase of Yadavaran field, however if agreement couldn't be reached, the project will be offered within the framework of IPC.
TELECOMWORLDWIRE-May 13, 2014-MSCI completes February accelerated share buyback agreement
NYSE: CLW) announced today that it entered into an accelerated stock buyback agreement ("ASB agreement") with Goldman, Sachs & Co.
A buyback agreement facility (with the Ministry of Health) for the zone's manufacturers is also on the cards.
It is capable of handling three metric tons per hour of throughput and comes with a full buyback agreement on all throughput produced
Aznan said collateralised murabaha more closely mirrors the repo structure than Malaysia's Islamic repo, known as the Sale and Buyback Agreement.
1 billion debt buyback agreement with 10 Paris Club member countries, dramatically reducing the pressure on Jordan's budget and saving an additional $240 million annually over the life of the loans.