At Settlement. (a) the purchaser must pay the balance; and
(b) the vendor must:
(i) do all things necessary to enable the purchaser to become the registered proprietor of the land; and
(ii) give either vacant possession or receipt of rents and profits in accordance with the particulars of sale.
At Settlement. Seller agrees to pay for a standard-coverage owner's policy of title insurance insuring Buyer in the amount of the Purchase Price.
At Settlement. Eligible Buyer will provide one hundred (100%) percent of the closing costs and prepaids.
At Settlement the Buyer must give the Seller, in exchange for the Bank Guarantee, bank cheques totalling the amount secured by the Bank Guarantee. The bank cheques must be payable as directed by the Seller and must be provided at the same time the Buyer pays the Balance Purchase Price.
At Settlement. Sellers shall deliver to Buyers duly executed originals and all other documents as reasonably may be required to consummate this transaction in accordance with this Agreement.
At Settlement the Buyer shall pay Seller, in cash or by certified, cashier's, treasurer or title company check, or by wire transfer, the Purchase Price determined for the Property.
At Settlement. (a) there is to be a deduction adjustment to the Purchase Price equal to the Queensland Titles Registry registration fee for any mortgage or other encumbrance registered over the Title which is being released at Settlement;
(b) no adjustment is to be made for registration fees for any releases, withdrawals or similar of Security Interests in respect to the Property given to the Buyer at Settlement; and
(c) no adjustment is to be made in respect of water usage.
At Settlement. 1) Landlord shall deliver or cause to be delivered to Tenant a Special warranty Deed for the Building, duly executed by the Landlord and acknowledged and otherwise in proper form for recording.
2) Landlord shall convey good and marketable fee simple title to the Property free and clear of all liens and encumbrances but subject to all leases, easements, covenants, restrictions and other matters affecting title as of the date of exercise of the Option by Xxxxxx. Liens on the Property of an ascertainable amount shall be discharged at Settlement.
3) A corporate tax clearance certificate or title insurance of the Property against the lien of corporate taxes.
4) Tenant shall deliver the Purchase Price to the Landlord in immediately available funds by the payment method designated by the Landlord.
5) Real Estate taxes, rental on leases for the Building or any part thereof, water and sewer rents, and other utility charges, if any, shall be apportioned as of the date of Settlement. Without limitation of the foregoing, Landlord shall pay and be responsible for payment of all real estate taxes, water rents, sewer rents and similar annual charges which have become due and payable prior to the Settlement.
6) Landlord agrees to pay, at or prior to Settlement, any assessments for public improvements which were levied against the Property prior to Settlement by any governmental authority having jurisdiction; provided, however, that if such assessments are payable in installments to such governmental authority then Landlord shall be responsible only for payment of installments pro rated through the date of Settlement.
7) All realty transfer taxes shall be paid in equal shares by the Landlord and Xxxxxx.
8) Tenant will pay all title insurance premiums, the cost of any survey and the cost of recordation and notary acknowledgement of the Deed.
9) An assignment of leases and rents and a rent roll certified as accurate in all material respects by the Landlord. Security deposits held by Landlord under any leases shall be delivered to Tenant, who shall assume in writing the obligation therefor pursuant to applicable leases. Original leases of the tenants in the Building shall also be delivered to the Tenant at Settlement.
10) A Bill of Sale for personal property owned by Landlord and which is used only in connection with the management or maintenance of the Building, if any.
11) Landlord shall make a good faith effort to obtain from the tenants of the building estoppel certificat...
At Settlement. 5.7.1 the Purchaser shall hand to the Vendor the share scrip for 450,000 White Pine Shares; and
5.7.2 the Purchaser shall provide the Vendor with evidence that the share scrip for the other 450,000 White Pine Shares has been deposited with the Escrow Agent pursuant to the Escrow Agreement and Clause 5.3.; and
5.7.3 the Vendor shall provide the Purchaser with releases of the Charges (except the Belgravia Charge) and relevant ASC Forms 312.
5.7.4 the Vendor shall deliver to the Purchaser a Stock Power in the form of Annexure "A" duly executed by the Vendor.
At Settlement. Buyer shall deliver to seller duly executed originals of the documents referred to in Section 6(e)(ii), 6(e)(iii), and 6(e)(vi).
