Closing Deliverables. At Closing. (a) Lessee shall deliver to Lessor a certificate or other satisfactory evidence of the authorization by Lessee’s members for Lessee’s performance of its obligations hereunder including, without limitation, the authority of Lessee’s signatory to incur indebtedness on behalf of Lessee and to mortgage and encumber the Subject Interests to secure such indebtedness.
Closing Deliverables. At Closing. All Deliverables required of the Purchaser and the Partners set out below shall be delivered on or before the Closing to Escrow Agent and Escrow Agent shall hold the Deliverables in escrow until such time as the conditions to the breaking of escrow set out in Paragraphs 7 and 8 herein have been fulfilled. If the conditions to the breaking of escrow set out in Paragraphs 7 and 8 have not been satisfied by the Expiration Date, or if this Agreement is terminated by mutual consent of the Purchaser and the Partners under Section 10 hereof, Escrow Agent shall return all Deliverables to the parties, pursuant to the terms of the Escrow Agreement, and the rights and obligations of the parties shall be determined in accordance with Paragraph 11 herein. Upon satisfaction of all of the conditions to the breaking of escrow set out in Paragraphs 7 and 8 or upon such termination, Escrow Agent shall deliver or dispose of the Deliverables in accordance with the terms of the Escrow Agreement.
Closing Deliverables. At Closing. (a) The Major Shareholders shall deliver to the Buyer their respective Certificates and stock powers, and the Other Shareholders shall deliver to the Buyer their respective Certificates and Stock Power Agreements.
