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lers-at-the-time-ef-exemitien-of--thisagreemeat. 1.1 EFTA00582979 ARTICLE 2 PURCHASE PRICE 2.1 Amount. The purchase price for CK's interest in Parcel A of the the-entire Property and the Stock Interest(the "Purchase Price") is and shall be Twenty Two Million Five Hundred Thousand and No/100 U.S. D
ithin ten (10) days after the Effective Date, Purchaser shall procure from a Escrow Agent a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
rovements located thereon (such land, buildings and improvements, the "Property"); B. CK is the permittee of a submerged land permit, for a dock on Parcel A, designated and more particularly described in Exhibit B attached hereto (the "Permit"), ; and C. Subject to the terms of this Agreement as more f
1 Title. Within ten (10) business days after the Effective Date, Purchaser shall procure a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
aterial respects. For purposes of this Agreement, "to Sellers' knowledge" shall mean the actual knowledge of Christian Kjaer, the owner of record of Parcel A and the sole shareholder of the Corporation, who is the most knowledgeable person with regard to the Corporation and the Property. 7.3 REPRESENTA
n (10) days after the execution of this Agreement by all parties, Purchaser shall procure a current title commitment (the 'Title Commitment") for an ALTA Owner's Tide Policy, showing the state of the tide to the Property, including Parcels B and C, which would appear in an ALTA Owner's Title Policy, if issued
Entities connected to both Parcel A and ALTA Owner's
Erika Kellerhals
PERSON
Kjaer
PERSON
Lausanne
LOCATION
U.S. Virgin Islands
LOCATIONChristian Kjaer
PERSONJames T. Giles
PERSON
Philadelphia
LOCATION
Sarah Ferguson
PERSON
Switzerland
LOCATION
Great St. James
ORGANIZATIONApril Newland
PERSONGSJ Properties, Corp.
ORGANIZATIONVirgin Islands Limited Liability Company
ORGANIZATIONthe Property free of the same
ORGANIZATIONPepper Hamilton LLP
ORGANIZATIONInternational Arbitration Rules
ORGANIZATIONCommissions
ORGANIZATIONthe Title Commitment
ORGANIZATIONthe American Arbitration Association
ORGANIZATIONthe Property (Parcel A
ORGANIZATION