Closing sale Clause Samples

Closing sale. At the Closing, the Purchaser shall deliver to the Corporation the purchase price for its Convertible Debenture in cash, by certified check , or bank wire transfer and upon receipt thereof the Corporation will deliver to the Purchase a duly executed Convertible Debenture.

Closing sale. Title clearance, loan closing and property insurance require- ments for a credit sale are the same as for a program loan except:

Closing sale. Title clearance, loan closing and property insurance require- ments for a credit sale are the same as for a program loan except: (i) The property will be conveyed in accordance with § 1955.141(a) of this subpart. (ii) The purchaser will pay his/her own closing costs. ▇▇▇▇▇▇▇ money, if any, will be used to pay purchaser’s closing costs with any balance of clos- ing costs being paid by the purchaser. Any closing costs which are legally or customarily paid by the seller will be paid by Rural Development from the downpayment. (iii) The County Supervisor or Dis- trict Director will provide the closing agent with the necessary information for closing the sale. The assistance of OGC will be requested to provide clos- ing instructions for all MFH sales. (iv) When more than one property is bought by the same buyer and the transactions are closed at the same time, a separate promissory note will be prepared for each property, but one mortgage will cover all the properties.