CLOSING AND CONVEYANCE OF TITLE Sample Clauses

CLOSING AND CONVEYANCE OF TITLE. A. At closing, the xxxxxxx money shall be applied against the Purchase Price and Buyer shall pay the balance of the Purchase Price to Sellers, and the Sellers shall thereupon execute and deliver to Buyer a recordable warranty deed to the property in accordance with the statutes of the State of Illinois, with full release of homestead, if applicable. Sellers shall provide a draft of such deed to Buyer and the Title Insurance Company for review three (3) days prior to the closing.
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CLOSING AND CONVEYANCE OF TITLE. (a) Subject to the terms of Section III above, and Sections VI A and VI B below, the closing of the purchase of the Property shall be held on the date set forth in the Option Notice (“Closing” or “Closing Date”).
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CLOSING AND CONVEYANCE OF TITLE. (a) Subject to the terms of this Agreement, the closing of the purchase of the Property shall take place ten (10) days after the satisfaction or waiver of satisfaction of the conditions contained in Sections 3 and 5, or sooner upon five (5) days prior written notice by Purchaser to Seller of any accelerated closing date (the "closing" or "Closing Date"). The Closing shall take place at 10 a.m. at the offices of the Title Company or at such other time or place as the parties may agree upon in writing.
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CLOSING AND CONVEYANCE OF TITLE. (a) Subject to the truth and accuracy of Seller's representations and warranties set forth in Section VIII hereof, the closing of the purchase of the Property shall be held on a mutually agreed upon date within thirty (30) days after the Purchaser's and Seller's satisfaction or waiver of the contingencies described below in Section VI (the "Closing" or "Closing Date").
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CLOSING AND CONVEYANCE OF TITLE. (a) Subject to Section 16(b), the closing of the purchase of the Property shall be held thirty (30) days following the end of the General Inspection Period, or on a date mutually acceptable to the parties ("Closing" or "Closing Date").
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CLOSING AND CONVEYANCE OF TITLE. At closing, Buyer shall pay the balance of the Purchase Price to Seller, and the Seller shall thereupon execute and deliver to Buyer a recordable Warranty Deed conveying to Buyer fee simple title in and to the Property with the reservation of the access easement as specified above, subject to the lien of real estate taxes and special assessments, if any, due and payable after closing, and subject to the exceptions listed on Schedule B of the commitment for title insurance available to Buyer prior to the auction and attached hereto. Seller and Buyer will execute such documents as the Title Company, the Recorder of Deeds, or other official or agency determines is legally required to close the transaction or fulfill the terms and conditions of the Agreement. The closing shall take place on or before 3 p.m. on August 14, 2023, at the Title Company or at such other time and place as the parties mutually agree.
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CLOSING AND CONVEYANCE OF TITLE 
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Related to CLOSING AND CONVEYANCE OF TITLE

  • Conveyance of Title Upon closing, Seller shall execute and deliver to Buyer a Patent, Grant Deed, or Quit Claim Deed conveying title to the Cabin/Home Site. Buyer shall also receive a Xxxx of Sale executed by the current owner of the Personal Property in form of Exhibit B, attached hereto. If Buyer and the owner of the Personal Property are identical, then the Xxxx of Sale shall be returned to said party.

  • Closing and Conveyance Upon approval of Seller’s title as disclosed by the title commitment subject to paragraph 3 hereof, Buyer shall thereupon pay the balance of the agreed purchase consideration to the Seller and Seller shall thereupon execute and deliver to Buyer, a recordable Trustee’s Deed to the Real Estate in accordance with the statutes of the State of Illinois. Buyer shall be entitled to a credit against the purchase price for the amount of the real estate transfer tax obligation of Seller and thereafter assume and pay the same upon recording the deed. Said deed shall be subject to the exceptions set forth in Paragraph 3. Seller and Buyer also agree to execute such documents as may legally be required by the Recorder of Deeds, other official or agency with respect to the consideration and description of the property. If Buyer should designate the Real Estate as “replacement property” in an Internal Revenue Code Section 1031 exchange, Seller agrees to execute any such additional documents as may be required by the Internal Revenue Code or customary in such transactions, and Buyer shall pay all additional title insurance company fees and costs, and any actual additional costs incurred by Seller to accommodate Buyer’s Section 1031 exchange. Closing shall take place at Xxxxxxxxxx County Abstract Company, Pontiac, Illinois, and not later than October 13, 2021.

  • Acceptance of title The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

  • Closing and Closing Deliveries 22 8.1 Closing........................................................................................22 8.2

  • Sale and Conveyance of Mortgage Loans Seller agrees to sell and Purchaser agrees to purchase, from time to time, those certain Mortgage Loans identified in a Mortgage Loan Schedule, on the price and terms set forth herein. Purchaser, on any Funding Date, shall be obligated to purchase only such Mortgage Loans set forth in the applicable Mortgage Loan Schedule, subject to the terms and conditions of this Agreement. Purchaser will purchase Mortgage Loan(s) from Seller, from time to time on such Funding Dates as may be agreed upon by Purchaser and Seller. The closing shall, at Purchaser's option be either: by telephone, confirmed by letter or wire as the parties shall agree; or conducted in person at such place, as the parties shall agree. On the Funding Date and subject to the terms and conditions of this Agreement, each Seller will sell, transfer, assign, set over and convey to the Purchaser, without recourse except as set forth in this Agreement, and the Purchaser will purchase, all of the right, title and interest of the applicable Seller in and to the Mortgage Loans being conveyed by it hereunder, as identified on the Mortgage Loan Schedule. Examination of the Mortgage Files may be made by Purchaser or its designee as follows. No later than five business days prior to the Funding Date, Seller will deliver to Purchaser or Custodian Legal Documents required pursuant to Schedule B. Upon Purchaser's request, Seller shall make the Credit Documents available to Purchaser for review, at Seller's place of business and during reasonable business hours. If Purchaser makes such examination prior to the Funding Date and identifies any Mortgage Loans that do not conform to the Cendant Guide, such Mortgage Loans will be deleted from the Mortgage Loan Schedule at Purchaser's discretion. Purchaser may, at its option and without notice to Seller, purchase all or part of the Mortgage Loans without conducting any partial or complete examination. The fact that Purchaser has conducted or has failed to conduct any partial or complete examination of the Mortgage Loan files shall not affect Purchaser's rights to demand repurchase, substitution or other relief as provided herein. On the Funding Date and in accordance with the terms herein, Purchaser will pay to Seller, by wire transfer of immediately available funds, the Purchase Price, together with interest at the Mortgage Loan Remittance Rate from the Cut-Off Date to the Funding Date, according to the instructions to be provided, respectively, by Cendant Mortgage and the Trust. Purchaser shall be entitled to all scheduled principal due after the Cut-Off Date, all other recoveries of principal collected after the Funding Date and all payments of interest on the Mortgage Loans (minus that portion of any such payment which is allocable to the period prior to the Funding Date). The principal balance of each Mortgage Loan as of the Funding Date is determined after application of payments of principal due on or before the Funding Date whether or not collected. Therefore, payments of scheduled principal and interest prepaid for a due date beyond the Funding Date shall not be applied to the principal balance as of the Funding Date. Such prepaid amounts shall be the property of Purchaser. Seller shall hold any such prepaid amounts for the benefit of Purchaser for subsequent remittance by Seller to Purchaser. All scheduled payments of principal due on or before the Funding Date and collected by Seller after the Funding Date shall belong to Seller.

  • Closing Deliveries (a) On or prior to the Closing, the Company shall issue, deliver or cause to be delivered to each Purchaser the following (the “Company Deliverables”):

  • Conveyance of Transferred Assets In consideration of the Issuer’s sale and delivery to, or upon the order of, the Seller of all of the Notes and the Certificate on the Closing Date, the Seller does hereby irrevocably sell, transfer, assign and otherwise convey to the Issuer without recourse (subject to the obligations herein) all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the Transferred Assets, as evidenced by an assignment substantially in the form of Exhibit A delivered on the Closing Date. The sale, transfer, assignment and conveyance made hereunder does not constitute and is not intended to result in an assumption by the Issuer of any obligation of the Seller or the Originator to the Obligors, the Dealers, insurers or any other Person in connection with the Receivables or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto.

  • Closing Deliverables (a) At the Closing, Seller shall deliver to Buyer the following:

  • Conveyance of the Receivables AND THE OTHER CONVEYED PROPERTY

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