Closing Affidavit Sample Clauses
A Closing Affidavit is a sworn statement provided at the conclusion of a transaction, typically by a seller or borrower, affirming that all representations, warranties, and obligations have been fulfilled up to the closing date. This document may include confirmations that there are no undisclosed liens, pending litigation, or other issues affecting the property or transaction. Its core practical function is to provide legal assurance and final verification to the other party, reducing the risk of post-closing disputes or undisclosed liabilities.
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Closing Affidavit. At the Closing, Seller shall furnish Buyer with an affidavit (i) testifying to the absence of any claims, encumbrances, taxes, assessments, liens or potential lienors known to Seller not disclosed in the Title Commitment and Deed, (ii) further attesting that there have been no improvements to the Property by or through Seller for the ninety (90) day period immediately preceding the date of Closing, the cost of which remains unpaid, (iii) agreeing to take no action prior to recording the Deed which would adversely affect the title to the Property, (iv) testifying that possession of the Property is subject only to those matters accepted by Buyer pursuant to the terms hereof, if any, and that Seller is otherwise in exclusive, peaceable and undisputed possession of the Property, and (v) testifying that there are no actions or proceedings now pending in any state or federal court to which Seller is a party including, but not limited to, proceedings in bankruptcy, receivership or insolvency, which would affect the Property, the title to the Property or Seller's ability to close on the sale of the Property to Buyer except as disclosed in the Title Commitment. Seller shall also furnish such other evidence, affidavits or information required by the Title Insurance Company so that the Title Insurance Company will be able to eliminate all standard exceptions from the Title Commitment at Closing, except for taxes for the year of Closing which are not yet due or payable.
Closing Affidavit. An affidavit signed by an authorized representative of Seller containing the information required by the Title Company to “insure the gap” and to show title in the Buyer free and clear of liens, encumbrances, and rights of tenants in possession. The Closing Affidavit will include the information required by Treasury Regulation 1.1445-2 and will state Seller's taxpayer identification number and confirm that Seller is not a foreign person within the purview of 26 U.S.C. Section 1445 and the regulations issued thereunder.
Closing Affidavit. STATE OF FLORIDA ) )SS: COUNTY OF ST. LUCIE ) BEFORE ME, the undersigned authority, personally appeared ____________, as the ________________ of TRADITION OUTLET, LLC, a Florida limited liability company, who is personally known to me, and who, being by me first duly sworn, on oath, deposes and says:
Closing Affidavit. At each Closing, City shall furnish Developer with an affidavit (i) testifying to the absence of any claims, encumbrances, taxes, assessments, liens or potential lienors known to City not disclosed in the Title Commitment and Deed, (ii) further attesting that there have been no improvements to the Property by or through City for the ninety (90) day period immediately preceding the date of Closing, the cost of which remains unpaid, (iii) agreeing to take no action prior to recording the Deed which would adversely affect the title to the Property, (iv) testifying that possession of the Property is subject only to those matters accepted by Developer pursuant to the terms hereof, if any, and that City is otherwise in exclusive, peaceable and undisputed possession of the Property, and (v) testifying that there are no actions or proceedings now pending in any state or federal court to which City is a party including, but not limited to, proceedings in bankruptcy, receivership or insolvency, which would affect the Property, the title to the Property or City's ability to close on the sale of the Property to Developer except as disclosed in the Title Commitment. City shall also furnish such other evidence, affidavits or information required by the Title Insurance Company so that the Title Insurance Company will be able to eliminate all standard exceptions from the Title Commitment at Closing, except for taxes for the year of Closing which are not yet due or payable.
Closing Affidavit. At the closing of the Loan, an Authorized Representative of Borrower shall execute and deliver to Lender an affidavit certifying to Lender (a) that all financial information furnished by or on behalf of Borrower to Lender is accurate and correct in all material respects as of the reporting date(s) thereof and that there have been no material adverse changes since the reporting date(s) thereof; (b) that except as disclosed in writing to Lender and approved by Lender in writing, Borrower is not in default under any material obligation or agreement to which it is a party or by which it or the Property and Collateral is bound; and (c) that, except as disclosed in writing to Lender and approved by Lender in writing, there is no material litigation pending or, to the best of Borrower's knowledge, threatened, against Borrower which could have a material adverse effect on Borrower, the Property or Collateral.
Closing Affidavit. An affidavit, in form acceptable to Buyer, stating that there are no other parties entitled to possession of any parcel of the Real Property other than Buyer as of the Closing Date.
Closing Affidavit. Seller shall deliver to Purchaser on the date of closing an affidavit stating that, as of the date of closing, there are no outstanding unsatisfied judgments, tax liens or bankruptcies against or involving Seller or the Property; there have been no labor or materials furnished to the Property for which mechanic’s or other liens could be filed; there are no unrecorded leases, contracts, easements or other unrecorded interests of any kind related to the Property (other than the Permitted Exceptions); and there are no contracts or agreements of any nature whatsoever relating to the use or possession of the Property which Purchaser has not approved pursuant to Section 7 hereof.
Closing Affidavit. The undersigned, R▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, the President and COO of MISSION WEST PROPERTIES, INC., a Maryland corporation (“Carveout Indemnitor”), the General Partner of each of MISSION WEST PROPERTIES, L.P., MISSION WEST PROPERTIES, L.P. I, MISSION WEST PROPERTIES, L.▇. ▇▇ and MISSION WEST PROPERTIES, L.P. III, each a Delaware limited partnership (collectively, “Borrower”), acting in such capacities on behalf of Borrower and Carveout Indemnitor, being duly sworn, does hereby depose and state:
Closing Affidavit. At the closing of the Loan, Borrower and Guarantor shall execute and deliver to Agent an affidavit certifying to Lenders: (a) that all financial information furnished by or on behalf of Borrower or Guarantor to Agent is accurate and correct in all material respects as of the reporting date(s) thereof and that there have been no material adverse changes therein since the reporting date(s) thereof; (b) that except as disclosed in writing to Agent and approved by Agent in writing, neither Borrower nor Guarantor is in default under any material obligation or agreement to which it is a party or by which it or the Property is bound; and (c) that, except as disclosed in writing to Agent and approved by Agent in writing, there is no material litigation pending or, to the best of Borrower's and of Guarantor's knowledge, threatened, against Borrower or Guarantor which is not fully covered by insurance.