CLOSING AND POSSESSION DATE Clause Samples
CLOSING AND POSSESSION DATE. A. The delivery and exchange of the balance of the Total Purchase Price and the documents contemplated herein to be delivered by each of Seller and Purchaser (the “Closing”) will be at the location in Bay County, Florida, designated by Seller in written notification to Purchaser. At the election of Seller, the Closing may take place by mail.
B. Seller will deliver possession of the Unit to Purchaser at the Closing.
C. The Closing shall take place on or before , 201 .
D. Seller, as to the Closing and documents to be delivered at the Closing, will have no obligation to any third parties (i.e., lenders or title insurance providers) and will be under no obligation to deal with any person or firm other than Purchaser and Purchaser’s attorney.
CLOSING AND POSSESSION DATE. Settlement of closing shall be on or before October 17th 2024, or after objections to title have been cleared. Possession and Title of the property shall be delivered on Date of Closing in its present condition, ordinary wear and tear excepted, subject to any existing leases, if any. If closing is delayed at fault of Buyer, Buyer shall pay 10% interest on all unpaid amounts from October 31st 2024 to date of closing. Buyer will not pay interest under this provision if closing is delayed at the fault of the Seller. Seller and Buyer agree that ▇▇▇▇▇▇▇ Funds held in the Hertz Farm Management Trust Account may be disbursed to a future- specified closing agent within 72-hours of scheduled Settlement date or as directed by said closing agent.
CLOSING AND POSSESSION DATE. Settlement of closing shall be on or before April 4th 2023, or after objections to title have been cleared. Possession and Title of the property shall be delivered upon closing in its present condition, ordinary wear and tear excepted, subject to any existing leases, if any. If closing is delayed at fault of Buyer, Buyer shall pay 10% interest on all unpaid amounts from April 18th 2023 to date of closing. Buyer will not pay interest under this provision if closing is delayed at the fault of the Seller.
CLOSING AND POSSESSION DATE. Settlement of closing shall be on or before December 14,2023, or after objections to title have been cleared. Possession and Title of the property shall be delivered on Date of Closing in its present condition, ordinary wear and tear excepted, subject to any existing leases, if any. If closing is delayed at fault of Buyer, Buyer shall pay _8% interest on all unpaid amounts from December 14, 2023 to date of closing. Buyer will not pay interest under this provision if closing is delayed at the fault of the Seller. Seller and ▇▇▇▇▇ agree that ▇▇▇▇▇▇▇ Funds held in the ▇▇▇▇▇▇▇▇▇ Law Firm Trust Account may be disbursed to a future- specified closing agent within 72-hours of scheduled Settlement date or as directed by said closing agent.
CLOSING AND POSSESSION DATE. A. The Closing shall be at the location designated by Seller in written notification to Purchaser.
B. Seller shall deliver possession of the Unit to Purchaser at the Closing.
C. The Closing shall take place following substantial completion of the improvements constituting the Unit and common elements appurtenant thereto (as evidenced by the recording of a surveyor’s certificate of substantial completion pursuant to Section 718.104(4)(e), Florida Statutes) and the issuance of a certificate of occupancy for the condominium building by the appropriate governmental authority. Seller shall deliver written notification of the date of the Closing to Purchaser not less than fourteen (14) days prior to the date of the Closing. Without limiting Seller’s obligation under Section 9.A of this Contract to complete construction of the Unit within a period of two (2) years from the date Purchaser signs this Contract, Purchaser acknowledges and agrees that Seller has the right to schedule or re-schedule the date, time and place of the closing of this transaction in its sole and absolute discretion (the “Closing”) and that Purchaser shall close on such date, time and place scheduled or re-scheduled by Seller (the “Closing Date”). Purchaser will be given at least fourteen (14) days’ notice of the Closing Date, time and place in accordance with the provisions of Section 19 hereof. Without limiting Seller’s obligation under Section 9.A of this Contract to complete construction of the Unit within a period of two (2) years from the date Purchaser signs this Contract, in the event the Closing Date, time or place set forth in the fourteen (14) days’ notice must be changed, Seller shall give Purchaser at least forty eight (48) hour notification of such change. At Closing, Purchaser will execute any documents required to effectuate the consummation of the transactions contemplated by this Contract and the release of all funds, if any, which Seller is holding in escrow relative to this Contract. Within forty-five (45) days following the Effective Date, Purchaser shall advise Seller of (a) the manner in which title will be taken and (b) the name, address and telephone number of the attorney who will represent Purchaser in the Closing. At Closing, Purchaser agrees to pay to Seller the balance of the Total Purchase Price and any additional amounts Purchaser owes under this Contract by cashier’s check or by federal wire transfer.
D. Seller is required to complete and does agree that cons...
CLOSING AND POSSESSION DATE. Landlord shall deliver possession of the Premises to Tenant in accordance with the Agreement Regarding Assignment of Purchase Contract between the parties dated June 25, 1996. It is the intent of the parties that possession of the Property be delivered simultaneously with the closing by Landlord of the purchase of the Property, currently expected to be June 27, 1996.