Sales Agreement THIS SALES AGREEMENT (the “Agreement”) dated this 17th of December, 2015 BETWEEN: Martin Shimer of Longmont, Denver, Colorado, Raffaele Balzo of Longmont, Denver, Colorado, and Talia Corleone of Longmont, Denver, Colorado, collectively and individually (the “Seller”) OF THE FIRST PART -AND- Alexander Lima of 2161 Nicholson Dr. , Baton Rouge, Louisiana and Adriana of 2161 Nicholson Dr., Baton Rouge, Louisiana Collectively and individually (the “Buyer”) OF THE SECOND PART IN CONSIDERATION OF THE COVENANTS and agreements contained in this Sales Agreement the parties to this Agreement agree as follows: 1. Sales of Goods 1.1. The seller will sell, transfer and deliver to the buyer on the or before the 15th day of December, 2015, the following goods (the ‘Goods’): Sundry watches, jewelry, a treasure chest of coins, cell phones, and pill bottles. 2. Purchase Price 2.1. The buyer will accept the Goods and pay for the Goods with the sum of sixty thousand (16,000.00) USD, paid in cash as required in clause 4 of this Agreement. 3. 3.1. The Seller and the Buyer both acknowledge the sufficiency of this consideration. In addition to the purchase price specified in this Agreement, the amount of any present or future sales, use, excise or similar tax applicable to the sale of the Goods will be paid by the Buyer, or alternatively, the Buyer will provide the Seller with tax exemption certificate acceptable to the applicable taxing authorities. 4. 4.1. The Buyer will make
7.2 Default Payment Terms. Price paid will be fair market value as determined by MAI appraiser. All other purchase terms will be as described in the paragraph’s on Deadlock Buy-Sell above.
8. When is a buyer considered to have accepted performance regarding goods that are delivered pursuant to a contract?
A. ASC 605-25-30-2 states that an arrangement consideration shall be allocated at the inception of the arrangement to all deliverables on the basis of their relative selling price (the relative
The buyer shall be notified by the seller regarding the shipment arrangement 7 days before advances, such as the trucking company. Seller shall arrange a delivery that would make sure it on time and in appropriate material or box. The seller will choose a
NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Parties, the Parties agree as follows:
This sale agreement is between Anthony Eggleton and Clarence Eggleton regarding property located at 1237 Channing way Berkeley, California 94702.
In the event that the buyer breaches this agreement, the seller may keep the buyer 's deposit, but the seller shall be limited to this remedy and only this remedy.
Mr. Patra also mentioned that he will not close the transaction without the above is done and if the above is not done, his client will require compensation of at least $10,000.00. Attached hereto and marked, as “Exhibit D” to my affidavit is true copy of faxed letter, dated June 27, 2016.
| D. consideration in a sales contract may be modified as long as additional consideration is provided
I agree to pay under this Private Profit Participation Agreement which is sets forth that proceeds to Consultant Groups referenced above shall not to exceed 10% of the total purchase price and is to be disbursed in allocated amounts pursuant to any structured payment schedules and rolls and extensions for additional assets as agreed to by the me and the buyer.
In this problem Finnin, McPherson and Wright (FMW) expressed to negotiate on buying the Honda-Toyota dealership on Lindsay. Based on the proposed agreement, FMW should pay a certain amount of $1.1million of the stock of Lindsay. And so, this case should be based under the common law. Common law governs the contracts for services, intangible assets and other contracts not governed by the Uniform Commercial Code (Mallor, Barnes, Bowers, Langvardt, 2013). Formation of the contract under the common law includes an offer, acceptance and consideration. And in order for an offer to be binding the offeree (the person to whom the offer is made) must accept the offer. An offer gives the power of acceptance to another party and includes the agreements essential elements, which must be definite and certain.
When the agents have been contracted for the purposes of the selling and the marketing responsibilities, then the revenue shall be recognized only when physical possession, the risks and the rewards have been transferred on to the buyer.
* “Members shall establish the nature and purpose of any contractual relationship at the outset and will be responsive and available to organizations and their employing organizations before, during and after any sale of materials and/or services.”
MERCHANDISING LICENSE AGREEMENT This MERCHANDISING LICENSE AGREEMENT (the “M/L Agreement”) is made and entered into as of December 15, 2010 (the “Effective Date”) by and between LICENSEE(“LICENSEE”) and ARTIST(“Licensor”) with respect to the recording and performing artist, Artist(“Artist”) RECITALS RECITAL ONE. RECITAL TWO. . RECITAL THREE. RECITAL FOUR. Licensor and Artist represent and warrant to and for the benefit of LICENSEE that neither Artist no Licensor will now or hereafter make any effort or take any action to waive, disavow, renounce or reject this Agreement or Licensor and Artist’s obligations hereunder whether based on the Artist Declaration or any assertion made by Artist therein. RECITAL FIVE. THE parties agree that the
In the situation that an exporter is untrustworthy about the ability of the importer’s payment under the international sale contract, the mechanism to reduce risk and fear is a letter of credit which the exporter will require the importer to arrange for the cost. A bank has an obligation under a letter of credit to pay an exporter the cost of commodities shipped by the exporter to the importer. The risk of the importer unsucceed to pay the contract cost can be reduced by the letter of credit. It is an assurance by a bank of instant or future payment against specified documents on terms that the bank will be reimbursement by the buyer. A letter of credit is often issued from a bank in the exporter’s country. If the particularised documents are presented, the bank or the issuer have to pay without question.