Buy-Back Agreement Sample Clauses

Buy-Back Agreement. 31. As a condition of the Municipality conveying the Property to the Purchaser, the Purchaser agrees to execute the Buy-Back Agreement, giving the Municipality an unencumbered and unrestricted right at its sole discretion to repurchase the Property if the Purchaser does not comply with this Agreement and with the Buy-Back Agreement; or if the Purchaser does not commence the construction of the Building as described in the final Site Development Proposal and in accordance with the Site Development and Building Standards by fully installing all the footings and the foundation of the Building (“Commence”) by the Commencement Date (within 18 months after the Closing Date); and/or if the Purchaser does not complete the construction of the Building as described in the final Site Development Proposal and in accordance with the Site Development and Building Standards to at least the Roof Tight Stage (“Complete”) by the Completion Date (within 36 months following the Closing Date).

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Buy-Back Agreement. You shall have the right to repurchase from us the property that is recovered for the amount paid to you for the “loss”, plus an amount which represents loss adjustment and recovery expenses. You may repurchase damaged property belonging to you and for which a total “loss” has been paid, at the then “current market value” of the damaged property. We agree to notify you of your right to repurchase damaged or recovered property and you shall have sixty (60) days from date of notice to exercise the repurchase right.

Buy-Back Agreement. 24. The Property shall be conveyed free from any encumbrances except as to the Buy-Back Agreement as provided for in Schedule “D” of this Agreement, and to any Easements, Restrictions or Covenants that affect the Property, except as specified in this Agreement and the Plan of Survey.

Buy-Back Agreement. 27. As a condition of the Municipality executing this Agreement, the Purchaser agrees to execute upon the signing of this Agreement, a Buy-back Agreement in favour of the Municipality as provided for in Schedule “D” of this Agreement (the “Buy-Back Agreement”). The Buy-Back Agreement shall give an unencumbered and unrestricted right at the sole discretion of the Municipality to repurchase the Property if the Purchaser does not commence and complete the Development on the Property as described in the final Site Development Proposal and in accordance with the Park Site Development and Building Standards, within the time periods for construction commencement and completion as required by this Agreement, or if the Purchaser does not comply with the terms and conditions of the Buy-Back Agreement.

Buy-Back Agreement. The Association has requested either a partial release of the Buy-Back Agreement (meaning the Buy-Back Agreement would remain on only the property located at 00 Xxxxxxxxx Xxxxx) or full release. However, CMHC will not fund the Association’s development project on the Main Street property unless the Municipality releases the Buy-Back Agreement or enters into a tripartite standstill Agreement with CMHC and the Association, that satisfactorily mitigates the risk of financial loss to CMHC by giving CMHC priority as a secured lender. Staff does not see any reason for the Municipality to not release the Buy-Back Agreement, given that CMHC’s funding is based on the Association’s development and operation of affordable housing units, which was the basis for HRM’s conveyance of the land to the Association. Further, the Municipality did not contribute all the lands that have been consolidated to form 000 Xxxx Xxxxxx. If the Buy-Back Agreement is released only from the 000 Xxxx Xxxxxx property, the existing apartment building located at 00 Xxxxxxxxx Xxxxx, Xxxxxxxxx, would remain encumbered. The Association met its obligations with respect to the construction of affordable housing at this location and has continued to operate it since it was built. The only other conditions that the Buy-Back Agreement was intended to protect against were with respect to any future conveyance or demolition of the building. Staff recommend a full release of the Buy-Back Agreement on both parcels of land to enable the Association to secure additional mortgage financing and other funding based on the following: • status as a registered Canadian charity subject to annual financial oversight by Revenue Canada Agency which includes the submission of annual reporting and a statement of accounts in accordance with certain accounting standards, investigation of any complaints, compliance with pre-determined disbursement thresholds, recourse to suspend or revoke registration, and may be subject to regulations regarding advertising, care quality, or fundraising; • oversight in relation to contracts executed under the Housing Co-Investment Fund under which the Association does not have the discretion to adjust rents without CMHC’s approval; • the Association’s established commitment to housing affordability for mental health consumers residing in HRM; and • HRM’s demonstrated support under the municipal Affordable Housing Grants Program. However, it should be noted that a release of the Buy-Back .

Related to Buy-Back Agreement

• Payment Agreement The agreement between you and Barracudas begins at the point where a payment is made, whether in part or full, and is when these booking conditions apply from. This agreement is with you, as the person who made the booking, and you are responsible for ensuring any parent/carer relating to this booking are aware of, and accept, these booking conditions.
• Arrangement Agreement This Plan of Arrangement is made pursuant to, and is subject to the provisions of, the Arrangement Agreement, except in respect of the sequence of the steps comprising the Arrangement, which shall occur in the order set forth herein.
• Our Agreement This Marina Operators Liability insurance Policy is a contract between You and Us: Insuring Agreement In consideration of You paying Us the Premium and in reliance upon the information You provided to Us in your application for insurance and its attachments, We shall cover You for the liabilities, costs and expenses that are covered by this Policy. About Your Policy This Policy is made up of this document, the Certificate and any Endorsements and they should all be read as one document. If You think that any details contained in these documents are not correct or if You need to change anything, You should tell Us or ask Your insurance intermediary to tell Us. Unless expressly stated to the contrary, words that are emphasised by the use of capitalisation and bold print have the meaning given to them in Section 7 – ‘Definitions’ of this Policy. This Policy is a legal contract between You and Us. 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How We Collect Your Personal Information Collection can take place by telephone email, or in writing and through websites (from data You input directly or through cookies and other web analytic tools). We collect it directly from You unless You have consented to collection from someone other than You, it is unreasonable or impracticable for Us to do so or the law permits us to. If You provide us with personal information about another person You must only do so with their consent and agree to make them aware of this privacy notice. Who We Disclose Your Personal Information To We share Your personal information with third parties for the collection purposes noted above. 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Contact Us & Opting Out By proceeding with Your application or submitting Your claim under this Policy, You and any other person included on this Policy, consent to this use and these disclosures unless You tell us otherwise. If You wish to withdraw Your consent, including for things such as receiving information on products and offers by Us or persons We have an association with, please contact Us By phone: 0000 000 000 By email: xxxxxxxxxxxxxxx@xxxxxxxxxxxxxxxxx.xxx.xx In writing: 00-00 Xxxxxx Xxxxxx, Sandringham VIC 3191 Complaints Process Both We and the Insurer are committed to handling any complaints about Our products or services efficiently and fairly. Any enquiry or complaint relating to this insurance should be referred to Us in the first instance. Please contact Us By phone: 0000 000 000 By email: xxxxxxxxxxxxxxx@xxxxxxxxxxxxxxxxx.xxx.xx In writing: 00-00 Xxxxxx Xxxxxx, Sandringham VIC 3191 If this does not resolve the matter or You are not satisfied with the way a complaint has been dealt with, You can contact the Insurer on their dedicated complaints line – 1800 339 669 and/or in writing to Head of Compliance AIG Level 12, 000 Xxxxxx Xxxxxx Docklands VIC 3008 General Insurance Code of Practice The Insurer is a signatory to the General Insurance Code of Practice. This aims to raise the standards of practice and service in the insurance industry, improve the way that claims and complaints are handled and help people better understand how general insurance works. Information brochures on the General Insurance Code of Practice are available upon request. 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• LETTER OF AGREEMENT ARTICLE 26
• Participation Agreement The Participation Agreement (Federal Express Corporation Trust No. N679FE), dated as of June 15, 1998, as amended and restated as of October 1, 1998, among the Lessee, the Owner Trustee not in its individual capacity except as otherwise expressly provided therein, but solely as owner trustee, the Owner Participants, the Indenture Trustee not in its individual capacity except as otherwise expressly provided therein, but solely as indenture trustee, the Pass Through Trustee not in its individual capacity except as otherwise expressly provided therein, but solely as pass through trustee, and the Subordination Agent not in its individual capacity except as otherwise expressly provided therein, but solely as subordination agent.
• Confidentiality Agreement As an employee of the Company, you will continue to have access to certain confidential information of the Company and you may, during the course of your employment, develop certain information or inventions that will be the property of the Company. To protect the interests of the Company, your acceptance of this Agreement confirms that the terms of the Company’s At‑Will Employment, Confidential Information, Invention Assignment, Nonsolicitation, and Arbitration Agreement you previously signed with the Company (the “Confidentiality Agreement”) still apply.
• Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.
• Indemnification Agreement Contractor hereby agrees to indemnify and hold harmless the Owner, the State of Georgia and its departments, agencies and instrumentalities and all of their respective officers, members, employees and directors (hereinafter collectively referred to as the "Indemnitees") from and against any and all claims, demands, liabilities, losses, costs or expenses, including attorneys' fees, due to liability to a third party or parties, for any loss due to bodily injury (including death), personal injury, and property damage arising out of or resulting from the performance of this Contract or any act or omission on the part of the Contractor, its agents, employees or others working at the direction of Contractor or on its behalf., or due to any breach of this Contract by the Contractor, or due to the application or violation of any pertinent Federal, State or local law, rule or regulation. This indemnification extends to the successors and assigns of the Contractor. This indemnification obligation survives the termination of the Contract and the dissolution or, to the extent allowed by law, the bankruptcy of the Contractor. If and to the extent such damage or loss (including costs and expenses) as covered by this indemnification is paid by the State Tort Claims Trust Fund, the State Authority Liability Trust Fund, the State Employee Broad Form Liability Fund, the State Insurance and Hazard Reserve Fund, and other self-insured funds (all such funds hereinafter collectively referred to as the "Funds") established and maintained by the State of Georgia Department of Administrative Services Risk Management Division (hereinafter "DOAS") the Contractor agrees to reimburse the Funds for such monies paid out by the Funds.
• Agreement; Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.
• LETTER OF INTENT You can reduce the sales charge you pay on Class A shares by investing a certain amount over a 13-month period. Please indicate the total amount you intend to invest over the next 13-months. □ $50,000 □ $100,000 □ $250,000 □ $500,000 □ $1,000,000 or more Rights of Accumulation If you already own Class A shares of the Sierra Mutual Funds, you may already be eligible for a reduced sales charge on Class A share purchases. Please provide the eligible account number(s) below to qualify (if eligible). Account No. Account No. □ Net Asset Value (NAV). I have read the prospectus and qualify for a complete waiver of the sales charge on Class A shares. Registered representatives may complete the Dealer Information section as proof of eligibility. Reason for Waiver: