Common use of CLOSING AND POSSESSION Clause in Contracts

CLOSING AND POSSESSION. (a) Closing shall be held within 10 days after Seller’s abstracting obligations under this Agreement have been met at the offices of Xxxxxx Law Firm or at such other place as may be mutually agreed upon by Seller and Buyer. (b) At closing Seller shall deliver to Buyer, in addition to any other items required under this Agreement, the following: (i) a special warranty deed conveying marketable title to the Property to Buyer, free and clear of all liens, charges and encumbrances, except taxes and assessments required to be paid by Buyer and subject to the matters permitted by this Agreement, (ii) a closing statement, executed by Seller, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Seller. (c) At closing Buyer shall deliver to Seller, in addition to any other items required under this Agreement, the following: (i) the unpaid balance of the Purchase Price, plus any closing adjustments in favor of Seller, minus any closing adjustments in favor of Buyer, (ii) a closing statement, duly executed by Xxxxx, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Buyer. (d) Possession of the Property, subject to the matters stated in this Agreement, shall be delivered by Seller to Buyer upon the completion of closing.

CLOSING AND POSSESSION. (a) Closing shall be held within 10 days after Seller’s abstracting obligations under this Agreement have been met at the offices Xxxxxx Cooperative, of Xxxxxx Law Firm Ames, Iowa or at such other place as may be mutually agreed upon by Seller and Buyer. (b) At closing Seller shall deliver to Buyer, in addition to any other items required under this Agreement, the following: (i) a special warranty deed conveying marketable title to the Property to Buyer, free and clear of all liens, charges and encumbrances, except taxes and assessments required to be paid by Buyer and subject to the matters permitted by this Agreement, (ii) a closing statement, executed by Seller, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Seller. (c) At closing Buyer shall deliver to Seller, in addition to any other items required under this Agreement, the following: (i) the unpaid balance of the Purchase Price, plus any closing adjustments in favor of Seller, minus any closing adjustments in favor of Buyer, (ii) a closing statement, duly executed by Xxxxx, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Buyer. (d) Possession of the Property, subject to the matters stated in this Agreement, shall be delivered by Seller to Buyer upon the completion of closing.

CLOSING AND POSSESSION. (a) Closing shall be held within 10 days after Seller’s abstracting obligations under this Agreement have been met at the offices Xxxxxx Cooperative, of Xxxxxx Law Firm Ames, Iowa or at such other place as may be mutually agreed upon by Seller and Buyer. (b) At closing Seller shall deliver to Buyer, in addition to any other items required under this Agreement, the following: (i) a special warranty deed conveying marketable title to the Property to Buyer, free and clear of all liens, charges and encumbrances, except taxes and assessments required to be paid by Buyer and subject to the matters permitted by this Agreement, (ii) a closing statement, executed by Seller, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Seller. (c) At closing Buyer shall deliver to Seller, in addition to any other items required under this Agreement, the following: (i) the unpaid balance of the Purchase Price, plus any closing adjustments in favor of Seller, minus any closing adjustments in favor of Buyer, (ii) a closing statement, duly executed by Xxxxx, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by BuyerXxxxx. (d) Possession of the Property, subject to the matters stated in this Agreement, shall be delivered by Seller to Buyer upon the completion of closing.

CLOSING AND POSSESSION. (a) Closing shall be held within 10 days after Seller’s abstracting obligations under this Agreement have been met at the offices of Xxxxxx Law Firm or at such other place as may be mutually agreed upon by Seller and Buyer. (b) At closing Seller shall deliver to Buyer, in addition to any other items required under this Agreement, the following: (i) a special warranty deed conveying marketable title to the Property to Buyer, free and clear of all liens, charges and encumbrances, except taxes and assessments required to be paid by Buyer Xxxxx and subject to the matters permitted by this Agreement, (ii) a closing statement, executed by Seller, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Seller. (c) At closing Buyer shall deliver to Seller, in addition to any other items required under this Agreement, the following: (i) the unpaid balance of the Purchase Price, plus any closing adjustments in favor of Seller, minus any closing adjustments in favor of Buyer, (ii) a closing statement, duly executed by Xxxxx, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Buyer. (d) Possession of the Property, subject to the matters stated in this Agreement, shall be delivered by Seller to Buyer upon the completion of closing.

CLOSING AND POSSESSION. (a) Closing shall be held within 10 days after Seller’s abstracting obligations under this Agreement have been met at the offices Xxxxxx Cooperative, of Xxxxxx Law Firm Des Moines, Iowa or at such other place as may be mutually agreed upon by Seller and Buyer. (b) At closing Seller shall deliver to Buyer, in addition to any other items required under this Agreement, the following: (i) a special warranty deed conveying marketable title to the Property to Buyer, free and clear of all liens, charges and encumbrances, except taxes and assessments required to be paid by Buyer and subject to the matters permitted by this Agreement, (ii) a closing statement, executed by Seller, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Seller. (c) At closing Buyer shall deliver to Seller, in addition to any other items required under this Agreement, the following: (i) the unpaid balance of the Purchase Price, plus any closing adjustments in favor of Seller, minus any closing adjustments in favor of Buyer, (ii) a closing statement, duly executed by Xxxxx, and (iii) such other documents as may be reasonably and customarily required in connection with the transaction contemplated by this Agreement, each executed and acknowledged as applicable by Buyer. (d) Possession of the Property, subject to the matters stated in this Agreement, shall be delivered by Seller to Buyer upon the completion of closing.