CLOSING AND ADJUSTMENTS. Section 8.01 The purchase and sale of the Real Property shall be completed in the offices of the Vendor on December 16, 2014 or at such other place, date or time as may be mutually agreed to in writing by the parties hereto (the “Closing Date” or the “Date of Closing”).
Section 8.02 On Closing The Purchaser will deliver to the Purchaser a full list of assets and inventory belonging to the Company and a full list of Employees currently employed by the Company.
Section 8.03 The Vendor will execute a new share certificate in the name of the Purchaser which shall represent 100% of the ownership of the Company and the share certificate shall be held in trust by the Vendor's lawyer until such time as the Collateral Loan is paid in full.
CLOSING AND ADJUSTMENTS. 12.1. The estimated date for closing of title will be on or about May 1, 2007. Closing shall occur at Purchaser's Attorney's office, or such other place as may be mutually agreed to by Seller and Purchaser.
12.2. At closing, the Seller will transfer ownership of the Property to the
CLOSING AND ADJUSTMENTS. The closing of the purchase and sale contemplated by this Agreement with respect to the Assets shall take place at the offices of Vendor at ("Closing Date"), or at any other place or on any other Closing Date agreed to in writing among the Parties;
CLOSING AND ADJUSTMENTS. (1) The closing of the purchase and sale contemplated in this agreement ("Closing") shall take place at the offices of Leschert and Company, Suite 2760, 200 Grxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxx X0X 0X0, xx xxxx xx Xxxxxt 19th, 2005 (the "Closing Date"), or at any other place and time, or on any other Closing Date, as may be mutually agreed on in writing.
(2) At Closing the Vendor and the Purchaser shall, to the extent practicable, adjust and settle accounts pertaining to the Assets in the manner contemplated by paragraph 2.
CLOSING AND ADJUSTMENTS. 3.1 The Closing will take place on the Closing Date at the offices of Xxxxxxx X. Xxxxxxxx, or such place as the parties may mutually agree.
CLOSING AND ADJUSTMENTS. (a) The Closing shall take place at the offices of lawyers for the Vendor at 1550, 333 – 5th Avenue S.W., Calgary, Alberta on the Closing Date.
CLOSING AND ADJUSTMENTS. It is agreed that on the Closing Date:
(1) the Vendor shall deliver to the Purchaser a transfer of title to the Purchased Home prepared at the expense of the Vendor. If required to do so by the Vendor, the Purchaser shall execute the transfer which, at the Vendor’s option, may incorporate any or all of the provisions of this Purchase Agreement;
(2) the Purchaser shall deliver to the Vendor: (i) a series of 12 post dated cheques commencing on the 1st day of the month following the Closing Date payable to the Corporation to cover the Purchased Home’s contribution to the Common Expenses payable by the Purchaser for the first 12 full months following the Closing Date; (ii) a certified cheque payable to the Corporation for one (1) month’s Common Expenses to be credited to the reserve fund or as working capital of the Corporation; (iii) any documents that may be required by the Vendor or the Vendor’s Solicitors pursuant to the Family Law Act (Ontario), as amended from time to time, or similar legislation; and (iv) any other documents and assurances required by the Vendor or the Vendor’s Solicitors, in their sole and unfettered discretion, to give full effect to the provisions of this Purchase Agreement;
(3) any proper and necessary adjustments shall be made with respect to the Occupancy Fee, including in respect of the month in which Closing occurs;
(4) insurance premiums, realty taxes (including any supplementary assessment with respect thereto, any local improvement charges, sewer impost charges and any fee charged by any Approving Authority to open a tax account or assessment roll number for the Purchased Home), any new taxes applicable to the Purchased Home which are not yet exigible as of the date of acceptance of this Purchase Agreement, hydro, cable T.V., water, gas rates and fuel (except insofar as the same are included in Common Expenses), Common Expenses and that portion of the reserve fund that is attributable to the Purchased Home shall be adjusted to the Closing Date, with the Closing Date itself being apportioned to the Purchaser. With respect to realty taxes (including local improvement charges and sewer impost charges), the same may, in the Vendor’s sole and unfettered discretion, be estimated by the Vendor as if the Purchased Home had been assessed and taxed by the relevant taxing authority as fully completed for the calendar year in which the Firm Occupancy Date and/or the Closing Date falls, and shall be adjusted as if such sum had been paid b...
CLOSING AND ADJUSTMENTS. (a) The closing shall take place at the offices of Vendor at 2700, 000 - 0xx Xxxxxx XX, Xxxxxxx, Xxxxxxx xx the Closing Date.
(b) On the Closing Date, Vendor and Purchaser shall execute and deliver the General Conveyance in the form attached hereto as Schedule "C" subject to the parties completion of their respective obligations contained herein, and to the extent practicable, adjust and settle accounts pertaining to the Assets in the manner contemplated by Article 7.
CLOSING AND ADJUSTMENTS. 3.1 The Closing will take place at 10:00 a.m. local time, on the Closing Date at the offices of the Purchaser's Solicitors at 800 - 885 West Georgia Street, Vancouver, British Columbia, or at such other place, date and time as may be mutually agreed upon by the parties hereto.
CLOSING AND ADJUSTMENTS. 4.1 The closing (hereinafter the "Closing") of the sale and purchase contemplated by this Agreement shall take place as soon as is reasonably possible, and before June 15, 1999. In connection therewith, the Seller shall effectuate the transfer of the Sold Assets by the delivery to Buyer of such conveyances, bills of sale, assignments, consents and other documents (hereinafter collectively referred to as the "Closing Documents") which are required in order to transfer marketable title and all title, right and interest of Seller in and to the Sold Assets to the Buyer. The Buyer does hereby specifically acknowledge and agree that it and counsel thereof have reviewed such Closing Documents, are satisfied with same and accept such Closing Documents to complete such sale, transfer and conveyance.
4.2 At the Closing, the following adjustments will be made between the parties effective as of the date first written herein:
(a) Rent and other accrued and/or prepaid expenses pursuant to the Lease, including, without limitation, the security deposit, if any, in connection therewith;
(b) Deposits, if any, to the extent the same are assigned to the Buyer, as more particularly delineated on Schedule "Deposits" annexed hereto and made a part hereof.
(c) Prepaid and/or accrued insurance premiums, if any, to the extent the same are assigned to the Buyer;
(d) All other apportionable operating costs, charges and expenses, if any.
4.3 In the event that the Buyer shall fail to close or otherwise default in relation to this Agreement, in addition to any other remedies available to the Seller at law or in equity, the Seller may (a) deem the transaction to have been closed and receive all proceeds actually paid by the Buyer, or (b) cancel this Agreement.
