Common use of Completion and Distribution of Documents Clause in Contracts

Completion and Distribution of Documents. Escrow Holder shall also undertake the following at or promptly after the Close of Escrow: 6.7.1 If necessary, Escrow Holder is authorized and instructed to insert the Closing Date as the date of any documents conveying or terminating interests herein or to become operative as of the Closing Date. 6.7.2 Cause the Deed and any other recordable instrument which the parties so direct to be recorded in the appropriate land records office where the Property is located. If permitted by applicable law, Escrow Holder is hereby instructed not to affix the amount of any Transaction Tax on the face of the Deed but to pay on the basis of a separate affidavit signed by either Seller or Buyer, as applicable, and not made a part of the public record; and 6.7.3 Cause each non-recorded document to be delivered to the party acquiring rights thereunder, or for whose benefit such document was obtained.

Completion and Distribution of Documents. Escrow Holder shall also undertake the following at or promptly after the Close of Escrow: 6.7.1 If necessary, Escrow Holder is authorized and instructed to insert the Closing Date as the date of any documents conveying or terminating interests herein or to become operative as of the Closing Date. 6.7.2 Cause the each Deed and any other recordable instrument which the parties so direct to be recorded in the appropriate land records office where the respective Property is located. If permitted by applicable law, Escrow Holder is hereby instructed not to affix the amount of any Transaction Tax on the face of the any Deed but to pay on the basis of a separate affidavit signed by either Seller or Buyer, as applicable, and not made a part of the public record; and 6.7.3 Cause each non-recorded document to be delivered to the party acquiring rights thereunder, or for whose benefit such document was obtained.

Completion and Distribution of Documents. Escrow Holder shall also undertake the following at or promptly after the Close of Escrow: 6.7.1 If necessary, Escrow Holder is authorized and instructed to insert the Closing Date as the date of any documents conveying or terminating interests herein or to become operative as of the Closing Date. 6.7.2 Cause the each Deed and any other recordable instrument which the parties so direct to be recorded in the appropriate land records office where the respective Property is located. If permitted by applicable law, Escrow Holder is hereby instructed not to affix the amount of any Transaction Tax on the face of the any Deed but to pay on the basis of a separate affidavit signed by either the applicable Seller or Buyer, as applicable, and not made a part of the public record; and 6.7.3 Cause each non-recorded document to be delivered to the party acquiring rights thereunder, or for whose benefit such document was obtained.

Completion and Distribution of Documents. Escrow Holder shall also undertake the following at or promptly after the Close of Escrow: 6.7.1 If necessary, Escrow Holder is authorized and instructed to insert the Closing Date as the date of any documents conveying or terminating interests herein or to become operative as of the Closing Date. 6.7.2 Cause the each Deed and any other recordable instrument which the parties so direct to be recorded in the appropriate land records office where the respective Property is located. If permitted by applicable lawLaw, Escrow Holder is hereby instructed not to affix the amount of any Transaction Tax on the face of the any Deed but to pay on the basis of a separate affidavit signed by either the applicable Seller or the applicable Buyer, as applicable, and not made a part of the public record; and 6.7.3 Cause each non-recorded document to be delivered to the party acquiring rights thereunder, or for whose benefit such document was obtained.