Common use of Closing; Deed Clause in Contracts

Closing; Deed. (a) Subject to all preconditions set forth herein, the closing or settlement (“Closing”) of the transaction contemplated hereby, unless terminated in accordance with this Agreement or as otherwise agreed upon by Purchaser and Seller, shall be held via the mails, through the Title Company at 10:00 a.m. on the Closing Date or such other place and time as the parties may agree in writing. (b) At Closing, Seller shall convey to Purchaser good, marketable and insurable title to the real property and improvements by special warranty deed acceptable to Purchaser and the Title Company (the “Deed”), subject only to (i) standard exceptions for real property taxes not yet due and payable, and (ii) any other matters which are waived by, or acceptable to, Purchaser pursuant to Section 10 below (the “Permitted Exceptions”). The Land description in the Deed shall be the property description from Seller’s vesting deed(s); provided, that if Purchaser obtains a Survey of the Property, Seller also agrees to execute and deliver a recordable Quit Claim Deed to Purchaser at Closing using the Survey description. To the extent necessary and appropriate to convey Water Rights, Seller shall execute and deliver a quit claim deed, assignment of permits or interests or by other appropriate conveyance (“Water Rights Conveyance Instrument”) in addition to the Deed and other instruments provided for herein in form and substance reasonably acceptable to Purchaser. Irrigation Equipment and other personal property to be conveyed shall be conveyed by xxxx of sale.

Closing; Deed. (a) Subject to all preconditions set forth herein, the closing or settlement (“Closing”) of the transaction Transactions contemplated herebyherein, unless terminated in accordance with this Agreement or as otherwise agreed upon by Purchaser Recipient and SellerContributor, shall be held via the mails, through the Title Company at 10:00 a.m. on the Closing Date or such other place and time as the parties may agree in writing. (b) At Closing, Seller Contributor shall convey to Purchaser Recipient good, marketable and insurable title to the real property and improvements Property by special warranty deed acceptable to Purchaser Recipient and the Title Company (the “Deed”), subject only to (i) standard exceptions for real property taxes not yet due and payable, and (ii) any other matters which are waived by, or acceptable to, Purchaser Recipient pursuant to Section 10 13 below (the “Permitted Exceptions”). The Land description in the Deed shall be the property description from SellerContributor’s vesting deed(s); provided, that if Purchaser Recipient obtains a Survey of the Property, Seller Contributor also agrees to execute and deliver a recordable Quit Claim Deed to Purchaser Recipient at Closing using the Survey description. To the extent necessary and appropriate to convey Water Rights, Seller Contributor shall execute and deliver a quit claim deed, assignment of permits or interests or by other appropriate conveyance (“Water Rights Conveyance Instrument”) in addition to the Deed and other instruments provided for herein in form and substance reasonably acceptable to PurchaserRecipient. Irrigation Equipment and other personal property Personal Property to be conveyed shall be conveyed by xxxx of sale.

Closing; Deed. (a) Subject to all preconditions set forth herein, the closing or settlement (“Closing”) of the transaction contemplated hereby, unless terminated in accordance with this Agreement or as otherwise agreed upon by Purchaser and Seller, shall be held via the mails, through the Title Company Escrow Agent at 10:00 a.m. on the Closing Date or such other place and time as the parties may agree in writing. If required by Purchaser, Title Company will provide Purchaser with an insured closing letter from Xxxxxxx Title Guaranty Company, in form and substance acceptable to Purchaser, insuring the handling of the Closing by Title Company as its agent. (b) At Closing, Seller shall convey to Purchaser good, marketable and insurable title to the real property and improvements Property by special warranty deed acceptable to Purchaser and the Title Company (the “Deed”), subject only to (i) standard exceptions for real property taxes not yet due and payable, and (ii) any other matters which are waived by, or acceptable to, Purchaser pursuant to Section 10 below (the “Permitted Exceptions”). The Land description in the Deed shall be the property description from Seller’s vesting deed(s); provided, that if Purchaser obtains a Survey of the Property, Seller also agrees to execute and deliver a recordable Quit Claim Deed to Purchaser at Closing using the Survey description. To the extent necessary and appropriate to convey Water Rights, Seller shall execute and deliver a quit claim deed, assignment of permits or interests or by other appropriate conveyance (“Water Rights Conveyance Instrument”) in addition to the Deed and other instruments provided for herein in form and substance reasonably acceptable to Purchaser. Irrigation Equipment and other personal property to be conveyed shall be conveyed by xxxx of sale.