Common use of CLOSING AND POSSESSION Clause in Contracts

CLOSING AND POSSESSION. Possession is to be given immediately upon completion of closing. Closing shall occur after approval of title and PRIOR TO POSSESSION, but in no event later than 90 days from the date of the notice of exercise of the option, or as otherwise agreed upon by the parties.

CLOSING AND POSSESSION. Possession is to be given immediately upon completion of closing. Adjustment of interest, rents and all charges attributable to Optionor's possession are to be made of like date. Closing shall occur after approval of title and PRIOR TO POSSESSION, but in no event later than 90 days from the date of the notice of exercise demand to close. If for any reason possession is before or after the date of closing, the parties shall make a separate agreement with adjustments as of the option, or as otherwise agreed date of possession. Closing shall be completed upon by the parties.delivery of the deed