purchase contract


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Related to purchase contract: Sales Contract

purchase contract

See contract for purchase or sale.

References in periodicals archive ?
Global Medical REIT said that the five purchase contracts are for the purchase of a portfolio of three properties occupied by the Oklahoma Center for Orthopedic and Multi-Specialty Surgery in Oklahoma City, Oklahoma; Las Cruces Orthopedic Associates in Las Cruces, New Mexico; Thumb Butte Medical Center, a two-story clinic in Prescott, Arizona; and the South Lake Heart and Vascular Institute in Clermont, Florida and GBRH.
Based on those documents and other relevant evidence, the Burris court found that the parties intended to include sand and gravel within the general mineral reservation of the purchase contract. Hence, the landowner was not entitled to damages for the sand and gravel removed from their property by the state highway department.
At that time, if GMR does not terminate the purchase contract, GMR will be required to make an additional, non-refundable earnest money deposit.
Unless settled earlier at the holder's option or the company's election or earlier redeemed by the company in connection with an acquisition termination redemption, each purchase contract will automatically settle on 1 July 2019 and it will deliver between 5.0201 and 6.1996 shares of common stock per purchase contract.
Alternatively, the agreement could be modified to allow the nonselling shareholder the option to purchase the stock or assign the purchase contract. An unconditional obligation will not exist if an agreement allows the shareholder the option to purchase the stock, assign the purchase contract or name another potential buyer.
A separate purchase contract will be concluded for each lot.
The purchase contract provided that the time for the closing was "of the essence", and that failure to close on time would cause the down payment to be forfeited.
15, 2019, which is the purchase contract settlement date for the Corporate Units, a portion of the proceeds of the portfolio of treasury securities required to be purchased with the proceeds of the remarketing will be used to settle the purchase contracts issued as part of the Corporate Units.
Energy company NextEra Energy (NYSE:NEE) said on Friday that the holders of the corporate units will receive 0.6287 shares of its common stock for each stock purchase contract that they hold, with cash to be paid in lieu of any fractional shares.
In a fast process, the provisional insolvency administrator of Puccini Germany GmbH as selling party and the buyers have now come to an agreement regarding all details of the transaction and are signing the new purchase contract, the company said.
(NYSE:SLG) has announced that it has signed a purchase contract to acquire 321 West 44th Street, a 200,000 square-foot Midtown office building, for a purchase price of $17.5 million in cash.
A spokesperson for Boston Properties said they merely affirmed a right that was in the original purchase contract in order to finish working out a new deal.