Common use of Closing and Possession Clause in Contracts

Closing and Possession. The sale and purchase provided herein shall be consummated at a Closing to be held at a location determined by the Buyer at 4:00 p.m. on or before May 3, 2013. The date and event of the sale and purchase are, respectively, herein referred to as the “Closing Date” and the “Closing.” On the Closing Date, Seller shall deliver to Buyer a Warranty Deed conveying to Buyer the property herein sold free and clear of all liens, taxes, charges and encumbrances whatsoever, excepting those recorded restrictions and easements approved by Buyer. At the Closing, all monies and papers shall be delivered and all other things called for by this Agreement shall be done, including the proration of taxes, assessments, and other items called for in this Agreement.

Closing and Possession. The sale and purchase provided herein shall be consummated at a Closing to be held at a location determined by the Buyer at 4:00 p.m. on or before May 3June 30, 2013. The date and event of the sale and purchase are, respectively, herein referred to as the “Closing Date” and the “Closing.” On the Closing Date, Seller shall deliver to Buyer a Warranty Deed conveying to Buyer the property herein sold free and clear of all liens, taxes, charges and encumbrances whatsoever, excepting those recorded restrictions and easements approved by Buyer. At the Closing, all monies and papers shall be delivered and all other things called for by this Agreement shall be done, including the proration of taxes, assessments, and other items called for in this Agreement.