Sentences with phrase «subsequent purchasers of»

Restrictive covenants are created by deed and may «run with the land,» binding all subsequent purchasers of the land, or may be «personal» and binding only between the original seller and Buyer.

If drafted correctly as a «restrictive covenant» it will not only bind the people who originally agreed to the terms, but also subsequent purchasers of either or both of the properties involved.

Restrictive covenants are created by deed and may «run with the land,» binding all subsequent purchasers of the land, or may be «personal» and binding only between the original seller and buyer.

Remaining plan coverage may be transferred to the subsequent purchaser of the vehicle at the time of vehicle sale.

If the borrower defaults, the assignment of lease and rentals gives the lender the right to receive rents from the tenants and to transfer the leases to a subsequent purchaser of the property.

Last but not least, the Court rejected Mr. Krishnamoorthy's argument that section 9 (1) of the ESA should be interpreted as (i) deeming the employment contract between an employee and an employer to be binding on a subsequent purchaser of that employer's assets, and (ii) requiring the purchaser of a business» assets to offer employment to employees of that business on the same terms as their original contracts.

The Court held that the ESA does not deem the employment contract between an employee and an employer to bind a subsequent purchaser of some of that employer's assets.

[31] Section 9 (1) of the ESA does not deem the employment contract between an employee and an employer to bind a subsequent purchaser of some of that employer's assets as was the case here.

Not exact matches

The first involves the sale of an asset to a purchaser on a deferred basis and the subsequent sale involves sale of the asset to a third party on a cash basis.

If the Company grants registration rights, information rights, rights of first offer, price - based antidilution protection, protective voting provisions or other similar rights to new investors in a subsequent financing involving the sale of additional series of Preferred Stock, the Company will use reasonable efforts to extend such rights to the Purchasers on the same basis granted to new investors.

As to the quality of the work, that would be up to the purchaser who buys a particular book and the subsequent review they leave.

With respect to a consumer credit sale, the seller may not give or offer to give a rebate or discount, or otherwise pay or offer to pay value to the buyer, as an inducement for a sale in consideration of the buyer giving to the seller the names of prospective purchasers, or otherwise aiding the seller in making a sale to another person, if the earning of the rebate, discount, or other value is contingent upon the occurrence of an event subsequent to the time the buyer agrees to buy.

Enter EA's Project 10 Dollar, designed to artificially deflate the worth of your goods by only giving the original purchaser access to the full game and any subsequent second - hand owner having to cough up ten dollars for the same.

Acting for purchasers of a sports business in obtaining a freezing injunction and subsequent proceedings in circumstances where the financial and contractual documentation supporting the acquisition was fabricated.

In subsequent cases, plaintiffs evolved three techniques of avoiding Chadha: (a) combining direct and indirect purchasers into one class; (b) relying on causes of action that may not require proof of loss, in order to invoke aggregate assessment of damages; and (c) leading economic evidence regarding pass on.

[10] In subsequent interlocutory decisions in class actions, Ontario courts have approved attempts to avoid the problem of proving pass - on by combining direct and indirect purchasers in the same class.

The U.S. Supreme Court has held that a patent owner's sale of a patented product exhausts its ability to bring infringement claims against the purchaser, or subsequent owners, of the product.

If an employer sells a business or a part of a business and the purchaser employs an employee of the seller, the employment of the employee shall be deemed not to have been terminated or severed for the purposes of this Act and his or her employment with the seller shall be deemed to have been employment with the purchaser for the purpose of any subsequent calculation of the employee's length or period of employment.

However, if the seller allows the purchaser to pay the purchase price off over a period of time, the output tax and input tax of the parties is calculated by multiplying the tax fraction at the original time of supply by the amount of each subsequent payment, as and when those payments are made.

Subsequent to that the parties signed the Agreement of Purchase and Sale (prepared by the purchasers) without any zoning requirement.

A Rhode Island federal court has considered a real estate brokerage's liability for violations of federal lead - based requirements in a lawsuit brought by home purchaser and subsequent lessees of home.

Subsequent to his signing of the agreement, the Purchaser learned that the agreement contained information that the restaurant was losing money, which he alleged was different than what the Seller orally had represented to him.

If you are acting for a buyer / assignor or a subsequent buyer / assignee of a contract that provides that «the vendor is entitled to any profit resulting from an assignment of the contract by the purchaser or any subsequent assignee», and there is any question as to whether the assignment is for a «profit», you should advise your client to seek independent legal advice on: