CLOSING AND SETTLEMENT. Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.
CLOSING AND SETTLEMENT. The Purchase Price, subject to any credits, is payable by Buyer on the Closing Date by one of the following methods (Check all that apply) ☐ Cash ☐ Cashier's check ☐ Certified check ☐ Wire transfer ☐ Other: _ . Closing costs will be paid by: (Check one) ☐ Seller and/or Buyer. On or before the Closing, Seller shall pay: (Check all that apply) ☐ One half of any escrow or closing fees. ☐ All escrow or closing fees. ☐ All transfer taxes and conveyance fees. ☐ All costs of releasing any mortgage, financing statement, or other debt security. ☐ All costs of removing, remedying or curing any contingencies. ☐ All costs related to the preparation of the deed. ☐ Any broker commissions or fees. ☐ Any property gains tax, as required by federal or state law. ☐ Other: On or before the Closing, Buyer shall pay: (Check all that apply) ☐ One half of any escrow or closing fees. ☐ All escrow or closing fees. ☐ All transfer taxes and conveyance fees. ☐ All costs related to the recording of the deed. ☐ All costs or expenses related to obtaining financing, including origination or commitment fees and the lender’s title insurance policy. ☐ All other costs and expenses associated with this Agreement, unless otherwise agreed to by the Parties. ☐ Other: ☐ Buyer only. Buyer agrees that all closing costs shall be the sole responsibility of Xxxxx.
CLOSING AND SETTLEMENT. Closing to be conducted by Tennessee Valley Title, Knoxville, Tn (000) 000-0000 , on or before
CLOSING AND SETTLEMENT. The Seller/Landlord/Landlady shall determine the title company at which settlement shall occur and shall inform Xxxxx/s/Tenant/s of this location in writing. The Buyer/s/Tenant/s agree/s that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/s/Tenant/s. The only expense related to closing costs apportioned to Seller/Landlord/Landlady shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord/Landlady is solely responsible.
CLOSING AND SETTLEMENT. Title and Settlement Agent to be Heritage Title Services, 000 Xxxx Xxxxx Xxxxxx, Xxxxx 00, Xxxxxxxxxxxx, XX 00000 – 000-000-0000 or 000-000-0000; fax 000-000-0000. At the closing each party shall execute and deliver all documents necessary to effect and complete the closing. Buyer shall (1) pay customary closing fees to settlement agent for services rendered to buyer; (2) cost recording of warranty deed and (3) any necessary transfer taxes. Seller shall pay: (1) title examination prepared for auction; (2)preparation of Deed; (3) customary closing fees to settlement agent for services rendered to Seller; (4) cost of title insurance policy (owners coverage) for benefit of buyer.
CLOSING AND SETTLEMENT. Closing and settlement shall be at a title company designated by the Seller/Landlord. All closing costs and any points, fees and/or charges imposed by the Buyer/Xxxxxx’s lender shall be the sole responsibility of the Buyer/Lender. Seller/Landlord shall only be responsible for its pro-rated share of the ad valorem taxes due as of the date of closing. IT IS THE BUYER/TENANT’S SOLE RESPONSIBILITY TO ARRANGE FINANCING FOR THE TRANSACTIONS. SELLER/LANDLORD HAS MADE NO REPRESENTATIONS TO BUYER/TENANT REGARDING THE AVAILABILITY OF FINANCING OF BUYER/TENANT’S ABILITY TO QUALIFY FOR FINANCING.
CLOSING AND SETTLEMENT. (a) Subject to the satisfaction (or waiver) of the conditions set forth in Article IV, the closing of the Exchange (the “Closing”) shall occur on the date hereof upon the execution and delivery of this Agreement by the Holders and the Company. At the Closing:
(i) each Holder shall deliver or cause to be delivered to the Company a duly executed stock power or other customary documents of conveyance or transfer, which shall transfer such Holder’s Exchanged Common Shares to the Company, free and clear of any mortgage, lien, pledge, charge, security interest, encumbrance, title retention agreement, option, equity or other adverse claim, limitation or restriction thereto (collectively, “Liens”) other than Permitted Liens (as defined below); and
(ii) (A) the Company shall issue to each Holder or its designee such Holder’s Preferred Shares, and (B) the Company shall deliver to each Holder (or its designee) stock certificates, duly executed on behalf of the Company, representing such Holder’s Preferred Shares.
(b) Effective upon the Closing, (i) each Holder shall be deemed for all corporate purposes to have become the legal, beneficial and record holder of the Preferred Shares entitled to exercise all rights (including conversion rights) as a holder thereof and (ii) the Exchanged Common Shares held by such Holder shall be deemed cancelled and retired, in each case, without any further action by any party.
(c) Effective upon the Closing, each Holder shall, automatically and irrevocably, without any further action by any party, surrender all voting rights in respect of the Exchanged Common Shares (but not, for the avoidance of doubt, any other Owned Common Shares, any Conversion Shares that are issued following the Closing upon conversion or exercise, as applicable, of any Preferred Shares or other securities held by the Holder as of the Closing). From and after the Closing, (i) the Holder shall not vote, and shall not be entitled to vote, any of the Exchanged Common Shares at any meeting of stockholders, or in connection with any written consent of stockholders, with respect to any matter and (ii) the Exchanged Common Shares shall not be considered present or entitled to vote or otherwise accounted for in connection with any meeting or vote that occurs following the Closing (including for purposes of determining the presence or absence of a quorum or the minimum vote required to approve any matter) regardless of whether the record date in respect of such meeting or...
CLOSING AND SETTLEMENT. Subject to the terms and conditions hereof, payment of the purchase price for, and delivery of, the Securities shall be made at one or more closings (each a “Closing” and the date on which each Closing occurs, a “Closing Date”) at the offices of the Placement Agent (or at such other place as shall be agreed upon by the Placement Agent and the Company), the first such Closing to take place at 4:00 p.m., Eastern Time, on July 27, 2016 (unless another time shall be agreed to by and among the Placement Agent and the Company). Payment of the purchase price at each Closing shall be made by the Investors directly to the Company by Federal Funds wire transfer, against delivery of such Shares (through the DWAC facilities of the Depository Trust Company) and Warrants, and such Securities shall be registered in such name or names and shall be in such denominations, as the Placement Agent may request and as set forth in the applicable subscription agreement executed by each Investor.
CLOSING AND SETTLEMENT. Closing to be conducted by Tennessee Valley Title, Knoxville, TN, Xxxxxx Xxxxxx, Phone # 865-523- 6254 on or before Wednesday, March 8, 2017. At the closing each party shall execute and deliver all documents necessary to effect and complete the closing, any statements, including any affidavits reasonably required by the Title Company for issuance of its title policy without the standard preprinted exceptions. The Deed to be executed by Seller shall be on the form then generally used by the Title Company and shall convey to Buyer marketable fee simple title, free and clear of all liens, restrictions and encumbrances except as specified herein and insurable as such by the Title Company at standard rates on the current American Land Title Association Owner's Policy Standard Form, 1992. All blanks in all of the closing documents shall be filled in at the closing, and all documents shall otherwise be conformed to meet the requirements of the parties as expressed in this Contract. Buyer shall pay: (1) all title examination updates and insurance (at Buyer's option and expense); (2) one-half closing fee; (3)
CLOSING AND SETTLEMENT. Closing to be conducted by Tennessee Valley Title, Knoxville, TN, Xxxxxx Xxxxxx, Phone # 865-523- 6254, no later than . At the closing each party shall execute and deliver all documents necessary to effect and complete the closing, any statements, including any affidavits reasonably required by the Title Company for issuance of its title policy without the standard preprinted exceptions. The Deed to be executed by Seller shall be on the form then generally used by the Title Company and shall convey to Buyer marketable fee simple title, free and clear of all liens, and encumbrances except as specified herein and insurable as such by the Title Company at standard rates on the current American Land Title Association Owner's Policy Standard Form, 1992. All blanks in all of the closing documents shall be filled in at the closing, and all documents shall otherwise be conformed to meet the requirements of the parties as expressed in this Contract. Buyer shall pay: (1) all title examination updates and insurance (at Buyer's option and expense); (2) one-half closing fee; (3) recording of deed and (4) Pro-Rata share of the current year taxes. Seller shall pay: (1) title examination prepared for auction; (2) one-half closing fee; (3) preparation of Deed and (4) Pro-Rata share of current year taxes. 00000 Xxxxxxx Xx • Knoxville, TN 37932 • (000) 000-0000 • xxx.xxxxxx.xxx
