Closing and Related Matters. Closing 9 3.02 Pre-Closing Aggregate Deposit Balance; Post-Closing Reconciliation 9 3.03 Intentionally Omitted 10 3.04 Closing Deliveries 10 3.05 Intermediary Services 11 3.06 Obtaining Approvals 11 3.07 Closing of Transaction 12
Closing and Related Matters. (a) The delivery of the Deed (hereinafter defined) and other acts necessary to complete the transactions provided for in this Agreement shall be referred to herein as the “Closing.” The Closing for the sale of the Property pursuant to the terms of this Agreement shall take place on or before June 22, 2016 (the “Closing Date”). The Closing will be held at the offices of the title company, or at such other place as the parties may mutually agree, through an escrow closing arrangement, or effected via a “mail away” closing (i.e. in which funds are sent via wire transfer and closing documents are delivered via overnight delivery or courier delivery service to the Escrow Agent, each to be held subject to an escrow agreement reasonably acceptable to Seller and Buyer). At Closing, executed documents will be hand-delivered or sent via overnight courier delivery and the Purchase Price will be sent via wire transfer.
(b) At Closing, Seller shall execute and deliver to Buyer a (i) closing statement reasonably acceptable to Buyer, (ii) the Deed, (iii) Seller’s Affidavit and Non-Foreign Certificate (in a form sufficient to cause the Title Company to delete the preprinted exceptions on the Title Commitment [as hereinafter defined] with regard to gap, party in possession [subject to rights of Tenants as set forth on a rent roll to be attached to such affidavit] and mechanics’ liens), and such other affidavits and statements reasonably requested by the Title Company (iv) an “as-is” Xxxx of Sale and General Assignment covering all Tangible Personal Property and Intangible Tangible Personal Property, in the form attached hereto as Exhibit F; (v) Assignment and Assumption of Leases, in the form attached hereto as Exhibit E (“Assignment of Leases”); (vi) a tenant letter notifying all Tenants (as hereinafter defined) of the change in ownership; (vii) originals or, to the extent originals are not in Seller’s possession or control, copies of all Leases (as hereinafter defined) and security deposits applicable thereto in Seller's possession; (viii) an assignment and assumption of service contracts, in the form attached hereto as Exhibit H ("Assignment of Contracts"); (ix) evidence of good standing of Seller, and evidence of authority to perform under this Agreement; (x) a survey affidavit of no change in form reasonably acceptable to Seller and the Title Company, sufficient to have the standard survey exception omitted; (xi) an updated Rent Roll, certified as true and correct in ...
Closing and Related Matters. (a) The Seller's Obligations at Closing are as follows: at Closing, Sellers shall (i) give any and all possession of the Property that Sellers have, if any, to Purchaser, and (ii) execute and deliver to Purchaser all documents required by this Contract.
(b) The Purchaser's Obligations at Closing as follows: at Closing, Purchaser shall (i) pay to Sellers the Purchase Price specified in Paragraph 6 hereof, (ii) Provide to the Escrow Agent written authority to release the Earnest Money Deposit to the Sellers as set out in the Escrow Agreemxxx (Xxhibit "B"), and (iii) execute and deliver all documents required by this Contract.
Closing and Related Matters a) Closing Date. Closing shall occur on June 30, 2020, or as soon thereafter as the conditions to close have been satisfied or waived by Buyer. Seller shall deliver to Buyer a fully executed warranty deed subject only to the Permitted Exceptions and approved by Buyer and the Title Company. Seller shall deliver to Buyer exclusive possession of the Subject Property on the Closing Date. After all of the conditions to close as set forth in Section II have been met, Buyer shall, on or prior to the Closing Date, deliver to Escrow Holder the Total Purchase Price with instructions to deliver the same to Seller upon recordation of Seller's warranty deed and the Title Company’s irrevocable commitment to issue the title insurance policy or binder required by Section 3.
Closing and Related Matters. 13 Section 3.01. Time and Place of Closing................ 13 Section 3.02. Purchaser's Deliveries at the Closing.... 13 Section 3.03. Seller's Deliveries at the Closing.....
Closing and Related Matters. 13 2.1 Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 2.2
Closing and Related Matters. 13 2.1 Closing...................................................... 13 2.2
Closing and Related Matters. The closing of the transaction contemplated by this Agreement shall occur when Seller and Xxxxx deliver to First American Title, Attn: Xxxx Xxxxxxxx, 0000 Xxxxxx Xx. X Xxxx. 000 Xxxx Xxxxx, Xxxxx 00000, 208.734.2905 (the “Escrow Agent”) their respective “Closing Deposits” set forth below and upon recording of the special warranty deed (“Closing”). Closing shall take place at a time mutually agreed upon by the parties at the office of Escrow Agent within 10 days following expiration of the Due Diligence Period (the “Closing Date”). Closing shall be through escrow, using form escrow instructions then in use by Escrow Agent, modified to reflect the terms and conditions of the transaction contemplated herein. This Agreement shall not be merged into any escrow agreement, and the escrow agreement shall always be deemed auxiliary to this Agreement. The provisions of this Agreement shall always be deemed controlling as between Seller and Buyer.
Closing and Related Matters. (a) The Closing Date and Conditions - The Closing shall take place on the Closing Date at the office of the Title Company.
Closing and Related Matters
