conditional sale


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Related to conditional sale: Conditional Sale Agreement

conditional sale

n. a sale of property or goods which will be completed if certain conditions are met (as agreed) by one or both parties to the transaction. Example: Hotrod agrees to buy Tappit's 1939 LaSalle for $1,000 cash if Tappit can get the car running by September 1st. (See: sale)

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Before it was abolished by the Supreme Court in the Lexmark decision, the conditional sale doctrine allowed Lexmark to protect its business model through patent infringement claims against companies that refill and resell its printer cartridges in violation of its agreements with consumers," he explained.
The contribution is available in conjunction with 0% APR* representative up to 36-months on Mazda Personal Contract Purchase, 0% APR** Conditional Sale and 5.
9% Kia Access PCP and conditional sale finance offers.
27 December 2010 - Oslo-listed Avocet Mining Plc (LON: AVM) (OSL: AVM) said today it has signed a binding agreement for the conditional sale of its assets in Southeast Asia to Caymans-based private mining fund J&Partners for USD200m in cash.
Mixing the use of true leases and conditional sales leases can help a business avoid exceeding the $800,000 cap because leased equipment does not qualify for Section 179.
If a conditional sale/instalment sale is considered a "sale," GST/HST should be due either at the time the sale occurs or at the time the conditional sale agreement is entered into.
It was Jambos' first home match since they announced the conditional sale of Tynecastle for pounds 22million.
HEARTS chairman George Foulkes admits the club are close to finalising the conditional sale of Tynecastle to a housing developer.
The board of directors had hoped to reach a conclusion on the conditional sale of the stadium to a housing developer during their key meeting on Wednesday.
In a true lease, the benefits and burdens of ownership reside with the lessor; in a conditional sale, they transfer to the "lessee" An alleged lease will be a conditional sale if, among other things: (5)
A wholesaler of goods may, at times, wish to accomplish a conditional sale of its goods to a retailer.
THE end of an era was confirmed yesterday when the British Bloodstock Agency announced the conditional sale of its UK and Irish businesses, writes Tony Smurthwaite.

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