Contract of Sale销售合同docxWord格式文档下载.docx
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Contract of Sale销售合同docxWord格式文档下载.docx
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6.Apportionments
7.DocumentstobeDeliveredattheClosing
8.PremisesConveyedAsIs;
OtherRepresentationsand
WarrantiesofSeller
9.Representations,WarrantiesandCovenantsofPurchaser
10.ConditionstoSeller'
sObligationtoCloseTitle
11.ConditionstoPurchaser'
12.RiskofLoss
13.MattersAffectingthePremisesUntilClosing
14.TitletothePremises
15.Brokers,etc
16.TerminationofAgreement;
Default
17.ExpensesoftheTransaction
18.Notices
19.FurtherAssurances
20.GoverningLaw
21.EntireAgreement;
NoThirdPartyBeneficiary,etc
22.Waivers;
Extensions
23.Construction;
Severability
24.Assignment
25.Counterparts
26.NoRecording
27.Confidentiality
28.Attorneys'
Fees
CONTRACTOFSALE
THISAGREEMENT(this"
Agreement"
)ismadeasof_________,_________,_________(M,D,Y),byandbetweenAAA,LLC,a_________(Placename)limitedliabilitycompany,withanofficeat_________(Address)("
Seller"
),andBBBINC.,a_________(Placename)corporationwithanofficeat_________(Address)("
Purchaser"
).
WITNESSETH:
SelleristheowneroftheLand(ashereinafterdefined)locatedatandknownas_________(Address)togetherwiththeimprovementslocatedthereon(the"
Improvements"
;
theLandandImprovementsarehereincollectivelyreferredtoasthe"
Premises"
)whichismoreparticularlydescribedinandisthesubjectofthisAgreement.
SellerdesirestosellandconveytoPurchaser,thePremises,andPurchaserdesirestopurchasethesamefromSeller,subjecttoanduponallofthetermsandconditionsofthisAgreement.
NOW,THEREFORE,inconsiderationofthepremisesandthemutualundertakingsinthisAgreement,thepartiesheretoagreeasfollows:
1.DEFINITIONS.
1.1WhereverusedinthisAgreement,thefollowingtermsshallhavethemeaningssetforthinthisArticlelunlessthecontextofthisAgreementclearlyrequiresanotherinterpretation:
"
Affiliate"
shallmeanwithrespecttoaparticularpersonorentity,anyotherpersonorentitywhich,directlyorindirectlycontrols,iscontrolledbyorisundercommoncontrolwiththenamedpersonorentity.
BusinessDay"
shallmeananydayotherthanaSaturday,aSundayoradayonwhichnationalbankingassociationsareauthorizedorrequiredtoclose.
Closing"
shallmeantheclosingofthesaleofthePremisesbySellertoPurchaserprovidedforinArticle5.
control"
shallmeanownershipof50%ormoreofthevotingstock,membershipinterestsorpartnershipinterestsofanentity,orthepowertodirectthemanagement,operationsandpoliciesofapersonorentity,whetherthroughownershipinterest,contractorotherwise.
Exhibits"
shallmeantheexhibitsattachedtothisAgreement,eachofwhichshallbedeemedtoformpartofthisAgreementwhetherornotsostatedinthisAgreement.
GovernmentalAuthorities"
shallmeanallagencies,bureaus,departmentsandofficialsoffederal,state,county,municipalandlocalgovernmentsandpublicauthoritieshavingorclaimingjurisdictionoverthePremisesoranypartthereof,oroverSellerorPurchaserwithrespecttothisAgreementorthetransactionscontemplatedherein.
Impositions"
shallmeanallrealestateandpersonalpropertytaxes,generalandspecialassessments,waterandsewercharges,licensefeesandothersimilarfeesandchargesassessedorimposedbyGovernmentalAuthoritiesuponthePremises.
knowledge"
or"
notice"
shallmeanactualknowledgeofornoticereceivedbyStanleyDiamond,ChairmanofSellerwhohasdirectresponsibilityformanagementofthePremisesorSeller'
sinvestmenttherein,withoutindependentinvestigationastosuchmatters.
shallhavethemeaningascribedtheretoonpage1ofthisAgreement.
InRemParcels"
shallmeanBlock1615,Lots5,7,66and68.
InterestRate"
shallmeantherateof4%perannum.
Leases"
shallmeanallleases,licenses,concessionsandotherformsofagreement,writtenororal,howeverdenominated,grantingtoanypartyorpartiestherightofuseoroccupancyofanyportionofthePremises,andallrenewals,modifications,amendments,guarantiesandotheragreementsaffectingthesame.
LegalRequirements"
shallmeanallstatutes,laws,ordinances,rules,regulations,executiveordersandrequirementsofallGovernmentalAuthoritieswhichareapplicabletothePremisesoranypartthereofortheuseormannerofusethereoforconstructionthereon(including,withoutlimitation,buildingcodesandrestrictions),ortotheowners,Tenantsoroccupantsthereofinconnectionwithsuchownership,occupancyoruse.
OtherAgreements"
shallmeanallcontracts,agreementsanddocumentspertainingtothePremisestowhichSelleroranyAffiliateofSellerisapartyorbywhichSelleroranyAffiliateofSellerisbound,andshallincludewithoutlimitationallunioncontracts,servicecontracts,constructioncontracts,management,developmentandleasingagreements,brokerageagreements,zoninglotmergeragreements,restrictiveagreementsandutilityagreements,butshallexcludetheLeases.ThedocumentscomprisingtheOtherAgreementsarelistedonExhibitD.
PermissibleUse"
shallmeanaschool,museum,offices,and/orsuchotheruseoruseswhichdonot(x)prevent,materiallyinterferewith,orimposeanyadditionalrestrictions,requirements,conditionsorlimitationsupon,Seller'
sabilitytousethePremisesforresidentialorcommunityfacilitypurposes(including,withoutlimitation,assistedlivingfacilities)withretailspaceor(y)reducetheavailablefloorarearatioforthePremisesfromthatexistingonthedatehereof.
PermittedExceptions"
shallmeanthoseitemsspecifiedinArticle4andExhibitB,andallothermattersaffectingtitletothePremiseswhicharehereafteracceptedinwritingbyPurchaser,treatedinaccordancewiththetermsofthisAgreement,orwaivedbyPurchaserinwriting.
RecordingOffice"
shallmeantheOfficeoftheRegisteroftheCityof_________(Placename),_________(Placename)County.
shallhavethemeaningascribedtheretoonofthisAgreement.
SignificantTaking"
shallmeananytakingbycondemnationoreminentdomainotherthan(x)atakinginconnectionwithastreetwideningor(y)atakingofademinimisportionofthePremises.
Tenants"
shallmeanthetenants,licensees,concessionairesorotherusersoroccupantsunderLeases.
TitleCompany"
shallmeanCommonwealthLandTitleInsuranceCorporationorsuchotherreputabletitleinsurancecompanyasmaybeselectedbyPurchaser.
Violations"
shallmeanmaterialviolationsofLegalRequirementsexistingwithrespecttothePremises.
ZoningApprovals"
shallmeanissuancetotheextentrequiredunderapplicablezoninglaw,bytheapplicableGovernmentalAuthoritiesofafinal,nonappealablezoningvariance,specialpermitsorrezoningoftheLandandtheInRemParcelstopermittheusethereofforaPermissibleUse.
1.2Thefollowingadditionalterms,whereverusedinthisAgreement,shallhavetherespectivemeaningsspecifiedintheArticlesorSectionsofthisAgreementsetforthbelowaftersuchterms:
TermsSections
AdjustmentPoint"
Article6
ClosingDate"
Section5.1
CTIC"
Section14.1
Deed"
Section7.1.1
Deposit"
Section3.1.2
FenceAgreement"
ExhibitD
FirstAdditionalDeposit"
Section5.3
FirstExtensionOption"
InRemSaleApprovals"
Land"
Section2.1.1
Section2.1
PurchasePrice"
Article3
SecondAdditionalDeposit"
Section5.4
SecondExtensionOption"
Study"
Section13.3
1.3Exceptasotherwisespecificallyindicated,allreferencesinthisAgreementtoArticlesorSectionsrefertoArticlesorSectionsofthisAgreement,andallreferencestoExhibitsrefertoExhibitsattachedhereto.Thewords"
herein,"
"
hereof,"
hereinafter,"
andwordsandphrasesofsimilarimportrefertothisAgreementasawholeandnottoanyparticularSectionorArticle.
2.AGREEMENTTOSELLANDPURCHASETHEPREMISES.
2.1UponandsubjecttothetermsandconditionsofthisAgreement,SelleragreestosellandconveytoPurchaserandPurchaseragreestopurchasefromSeller,thepremises(the"
),whichconsistsofthefollowing:
2.1.1thelandmoreparticularlydescribedonExhibitAannexedhereto,togetherwith,allandsingular,thetenements,hereditaments,easements,appurtenancesandrightsbelongingorinanywayappertainingthereto,andthereversionsandtheremaindersthereof(the"
);
2.1.2theImprovements;
and
2.1.3allright,titleandinterest,ifany,ofSellerinandtoallofthefollowing(collectively,"
Appurtenances"
):
7
2.1.3.1landlyinginthebedofanystreet,highway,road,oravenue,openorproposed,publicorprivate,infrontoforadjoiningtheLand.
2.1.3.2rightsofway,highways,publicplaces,easements,appendages,appurtenances,sidewalks,alleys,stripsandgoresoflandadjoiningorappurtenanttotheLandwhicharenoworhereafterusedinconnectionwiththePremises.
3.PURCHASEPRICE.
3.1Thepurchaseprice(the"
)payablebyPurchasertoSellerforthePremisesshallbe_________($,_________),subjecttoadjustmentasprovidedinArticle6,whichshallbepayableassetforthbelow:
3.1.1_________($,_________)bygoodcheckdrawnbyPurchasersubjecttocollectionorofficialbankcheck,ineithercasedrawnonabankwhichisamemberofthe_________(Placename)ClearingHous
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