purchase and sale agreement

An example of accounting policies to be included in a purchase and sale agreement are set out in section 1102.22.

It is inevitable that the lawyers will reach deadlock in their negotiations over the detailed terms in the purchase and sale agreement.

Buyers for the property terminated their purchase and sale agreement, forfeiting their earnest money deposit.

If you are selling or transferring assets without selling the business, you will probably need to draw up and negotiate an asset purchase and sale agreement with the buyer.

On October 21, 2010, the company announced it had entered into a purchase and sale agreement for Wildcat Mountain Ski Area, its third New Hampshire holding.

The deal is not in the bag until the ink is on the purchase and sale agreement so always keep looking for the opportunity to close the door and complete the deal.

On April 16, Mr. Burke and his partners in what is now called the Stratford Festival Theater signed a purchase and sale agreement with the state, the property's owner.

In 2006, Worcester Academy signed a purchase and sale agreement to purchase an additional between Gaskill Field and the main campus, with the intent of creating a new indoor athletic complex.

The buyers also made a $350,000 escrow deposit before execution of the purchase and sale agreement, and subsequent deposits to total $1.7 million are to be paid on a scheduled time frame, Mr. Clifford explained.

But Laurie Janik, general counsel to the National Association of Realtors, said brokers routinely fill in the blanks in purchase and sale agreements "in just about every part of the country."

The state had for many years negotiated to buy the property, about 40 miles southeast of Bangor, from Prentiss & Carlisle, a timberland management company that entered into a purchase and sale agreement with Patten in June.

The Statute is satisfied if the contract to convey is evidenced by a writing or writings containing the essential terms of a purchase and sale agreement and signed by the party against whom the contract is to be enforced.

J. Joyce Cusmano, a spokeswoman for the Renaissance Center's management, said, "Right now, Renaissance Center Venture does not have a binding purchase and sale agreement, but they are continuing to discuss the sale in earnest with interested parties."

The negotiation process is an on-going process which commences with the issue of the Information memorandum, passes through the formal negotiating stage to the heads of agreement and normally ends with the detailed negotiation of purchase and sale agreement clauses.

The bidders did not have to submit new offers yesterday, rather they had to submit their comments on a proposed purchase and sale agreement created by the current owners, a group led by the New Jersey investors Raymond Chambers and Lewis Katz.

It may be appropriate just to state this intention in the heads of agreement and to leave the detailed description, which should be in greater detail than is normal in statutory accounts (i.e. the policy for holiday pay accrual etc) to the purchase and sale agreement.

In December 2010, Chief entered into an asset purchase and sale agreement to sell certain natural gas properties in the Marcellus Shale to EXCO Holding PA, a subsidiary of EXCO Resources Inc., for approximately $459 million.

"The Post is considering the proposal, but we point out that the preshift overtime has been discussed before with the unions and is excluded from consideration as part of the $24 million cuts, according to the purchase and sale agreement signed by Mr. Murdoch and Mr. Kalikow."

Hong-Kong based company New World Hospitality, a unit of New World China Land announced in June 2011 that it had signed a purchase and sale agreement to acquire Rosewood Hotels & Resorts from Rosewood Corp. and Maritz, Wolff & Co.