Closing of Title. Title shall be closed and the Deed shall be delivered to Purchaser within 60 days of the full execution of this Agreement. Closing shall take place at the offices of the State Agriculture Development Committee, Market and Xxxxxx Xxxxxxx, Xxxxxxx, Xxx Xxxxxx 00000.
Closing of Title. The Closing shall take place within fourteen (14) days after the Township Council for the Township’s approval of the sale, TIME BEING OF THE ESSENCE (the “Closing Date”), at the offices of XxXxxxxxx, Scotland and Xxxxxxx, LLC, 00 Xxxxxxxxxx Xxxxxx, Suite 201, Roseland, New Jersey 07068, or at such other location as may be mutually agreed by the parties, at a time mutually convenient for the parties.
Closing of Title. The closing documents referred to in para. 6 shall be delivered, and payment of the balance of the Purchase Price shall be made, at The Closing, to be held on at ., at the offices of or at the office of Purchaser’s lending institution or its counsel; provided, however, that such office is located in either the City or County in which either (a) Seller’s attorney maintains an office or (b) the Unit is located.
Closing of Title. The closing documents referred to in para. 6 shall be delivered, and payment of the balance of the Purchase Price shall be made, at The Closing, to be held on
Closing of Title. The closing of title ("Closing") shall be held at the offices of the Escrow Agent, or such other place as the parties shall mutually agree at a mutually agreeable date and time within thirty (30) days after the Financing Contingency Expiration (the "Closing Date"), except as may be extended for financing or for repair of damage or destruction pursuant to the terms herein contained. The following actions shall take place at Closing:
(a) Seller shall deliver to Purchaser a special warranty deed, properly executed in proper form for recording so as to convey the title required by this Contract and will cause the Title Company to deliver to Purchaser an ALTA Owner's Policy of title insurance insuring marketable title to the Premises in Purchaser subject only to Purchaser's acquisition financing, the usual preprinted exceptions, and the Permitted Exceptions, at Purchaser's expense;
(b) Purchaser shall pay to Seller the balance of the Purchase Price, as provided in Paragraph 2 of this Contract and Escrow Agent shall release the Xxxxxxx Money to Seller (along with the balance of the Purchase Price if paid by Purchaser to Escrow Agent);
(c) Apportionments shall be made pursuant to Paragraph 13 hereof and Seller and Purchaser shall each pay closing costs as is customary for commercial transactions in Salt Lake City, Utah, except as may be explicitly provided otherwise herein;
(d) Purchaser shall cause the deed to be recorded;
(e) Seller and Purchaser shall each deliver to the other a consent of partners, board resolutions or other appropriate evidence of authority to enter into the transactions described herein; and
(f) Seller shall deliver the original Leases, licenses, and occupancy agreements to Purchaser and shall assign to Purchaser all Leases and security deposits held in connection therewith and Purchaser shall assume all of the obligations of Seller that are to be performed under the Leases following the Closing; and
(g) Purchaser shall deliver to Seller an agreement indemnifying and agreeing to defend Seller against any claims made by tenants with respect to tenants' security deposits to the extent assigned to Purchaser and claims by real estate brokers (except for claims by affiliates of Seller, such as Brentway Management LLC and Cedar Bay Realty Advisors, Inc.) with respect to claims arising from renewals, expansions or other modifications or new leases entered into after the Closing Date.
Closing of Title. The closing of title shall take place at the offices of the Purchaser, Seller Coventry Town Hall, 0000 Xxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxxx, within ten (10) days of the issuance of a Certificate of Occupancy referenced in Paragraph 4(f) above or on such other date as agreed to by the parties in accordance with the terms of this Agreement. At the Closing, all documents required to be executed and delivered under the terms hereof shall be delivered.
Closing of Title. 7.1 It is agreed by the Parties hereto that the closing of title (the “Closing”) shall take place at the offices of the counsel for the Township: XxXxxxxxx & Scotland, L.L.C., 00 Xxxxxxxxxx Xxxxxx, Roseland, NJ 07068 or at such other location as designated by the Township, at 10:00 a.m., on or before the ( ) day after the expiration of the Due Diligence Period without termination of this Agreement by the Township, as hereinafter defined, and the satisfaction of the conditions precedent to Closing more fully set forth in Article 16 below (the “Closing Date”) in accordance with the terms of this Agreement.
7.2 On the Closing Date, the Seller shall deliver to the Township the following:
a) A fully and properly executed bargain and sale deed with covenants against grantor’s acts, in recordable form to convey title to the Property;
b) An executed Affidavit of Title in form and substance reasonably acceptable to the Township and its Title Company;
c) An Internal Revenue Code Section 1445 Affidavit;
d) Closing Statement;
e) Corporate resolution approving this transaction and authorizing officers of Seller to take such acts and to execute and deliver such documents as are needed to effectuate same;
f) A properly completed and executed Affidavit of Consideration or Exemption and GIT/REP Form 1, 2 or 3;
g) Evidence of ISRA compliance, if applicable; and
h) Any other necessary documents reasonably required by the Township, its attorney, or the Title Company;
7.3 The Township will pay for all recording fees and realty transfer taxes, if any, incidental to conveying title to the Township. It is expressly understood and agreed, however, that each Party shall be solely responsible for its own attorney fees.
Closing of Title. The closing of the transaction contemplated by this Agreement (herein sometimes referred to as the "Closing") shall take place on a date mutally agreed to by the parties, but in no event later than January 10, 2017 (the "Closing Date"), TIME BEING OF THE ESSENCE. The Closing shall be held in escrow through the Title Company (in the office in which the Escrow Agent is located) by delivery of the closing documents to the Title Company at least one (1) business day prior to the Closing (and delivery of funds to the Title Company on the Closing Date), or at such other place and/or by such other manner as the parties hereto may mutually agree.
Closing of Title. Closing of title (herein referred to as the "Closing") shall take place at the office of the Title Company on December 11, 1997 (herein referred to as the "Closing Date") at 10:00 a.m., or such earlier date as the Purchaser shall notify the Seller, such notice to be in writing and received by the Seller at least seven (7) business days prior to the Closing Date, at which time Seller and Purxxxxxx xxxx deliver to each other the items set forth in Exhibit C annexed hereto and made a part hereof. Upon delivery of the Deed to Purchaser, Purchaser shall immediately be charged with constructive possession of the entire Property.
Closing of Title. Closing of title for the Property (the “Closing”) shall take place via mail using the Title Company as the closing agent on or before the sixtieth (60th) day following the last of the following to occur (i) Purchaser’s receipt of the Film Credit, (ii) Purchaser’s receipt of the Aspire Credit, (iii) Purchaser’s receipt of the Development Approvals, and (iv) Purchaser’s receipt of the LSRP Remediation Letter. The actual date of the Closing is the “Closing Date”. In the event the Closing Date does not occur on or before the date that is twenty four (24) months from the Effective Date for reasons other than a default of the terms of the Agreements by the terminating Party, either Party may terminate the Agreements, in which event the Township shall keep the Additional Deposit and neither Party shall have any further rights or obligations under the Agreements. For the avoidance of doubt it is agreed a Party shall not have the right to terminate the Agreements pursuant to this Section 16 if said Party is then in default of any of the terms of the Agreements.
