Common use of Contracts for Deed Clause in Contracts

Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Asset subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Transferor may require the Company to prepare and furnish special warranty deeds (consistent with the form of Receiver’s Deed as attached hereto) for the Transferor’s approval, conveying the real property subject to any such contract to the Company. The costs and expenses of the Company (or the Manager or the Servicer for the benefit of the Company) for any title curative work, if required, will constitute Pre-Approved Charges.

Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Asset subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Transferor may require the Company to prepare and furnish special warranty deeds (consistent with the form of Receiver’s Deed as attached hereto) for the Transferor’s approval, conveying the real property subject to any such contract to the Company. The costs and expenses of the Company (or the Manager or the Servicer for the benefit of the Company) for any title curative work, if required, will shall constitute Pre-Approved Charges.