Conveyance Sample Clauses
Conveyance. Upon performance by the Buyer of the closing obligations specified herein, the Seller shall convey marketable title of the Property to the Buyer by the deed mentioned in Section VIII, including, but not limited to, oil, gas, and other mineral rights, subject only to building and use restrictions, easements, and restrictions of record, if any.
Conveyance. The Seller with respect to the Seller Home Equity Loans and the Conduit Seller with respect to the Conduit Home Equity Loans each hereby bargains, sells, conveys, assigns and transfers to the Depositor, in trust, without recourse and for the exclusive benefit of the Owners of the Certificates, all of its right, title and interest in and to (a) all principal collected and interest due on the Home Equity Loans on and after the Cut-Off Date and any and all other benefits accruing from the Home Equity Loans which the Depositor is causing to be delivered to the Custodian on behalf of the Trustee herewith, together with the related Home Equity Loan documents and the Depositor’s interest in any Property, and all payments thereon and proceeds of the conversion, voluntary or involuntary, of the foregoing, and (b) proceeds of all the foregoing (including, but not by way of limitation, all proceeds of any mortgage insurance, flood insurance, hazard insurance and title insurance policy relating to the Home Equity Loans, cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables which at any time constitute all or part of or are included in the proceeds of any of the foregoing) to pay the Certificates as specified herein (the “Home Equity Loan Assets”). The Depositor, concurrently with the execution and delivery hereof, hereby bargains, sells, conveys, assigns and transfers to the Trustee for the benefit of the Owners of the Certificates, without recourse, all the right, title and interest of the Depositor in and to the Trust Estate. The Trustee acknowledges such sale, accepts the trusts hereunder in accordance with the provisions hereof and agrees to perform the duties herein in accordance with the provisions of the Operative Documents.
Conveyance. A. At closing Seller shall convey and transfer the Property to Buyer by Warranty Deed, Trustee’s Deed, appropriate assignment, or other similar acceptable instrument of conveyance, which instrument shall be subject to the exceptions permitted herein, releasing homestead. At the same time the balance of the purchase price then due shall be paid and all documents relative to the transaction shall be signed and delivered. In the event the Buyer shall assume an existing indebtedness, cost of such assumption shall be borne by Xxxxx.
B. At Closing Seller shall deliver to Buyer a completed Real Estate Transfer Declaration signed by Seller in the form required pursuant to the Real Estate Transfer Tax Act of the State of Illinois. Any transfer tax imposed by the Real Estate Transfer Declaration shall be paid by Seller / Buyer (strike one).
C. Recording fees imposed on the recording of the deed shall be paid by Seller / Buyer (strike one).
Conveyance. In the event of the resignation or removal of a Trustee or his otherwise ceasing to be a Trustee, such former Trustee or his legal representative shall, upon request of the continuing Trustees, execute and deliver such documents as may be required for the purpose of consummating or evidencing the conveyance to the Trust or the remaining Trustees of any Trust Property held in such former Trustee's name, but the execution and delivery of such documents shall not be requisite to the vesting of title to the Trust Property in the remaining Trustees, as provided in subsection (g) of this Section 4.1 and in Section 4.13 hereof.
Conveyance. If Buyer is to receive any rights to water pursuant to § 2.7.2 (Other Rights Relating to Water), 83 § 2.7.3 (Well Rights), or § 2.7.4 (Water Stock Certificates), Seller agrees to convey such rights to Buyer by executing the 84 applicable legal instrument at Closing.
Conveyance. On the Closing Date, subject to the terms and conditions of this Agreement, Seller shall deliver, or cause to be delivered, (a) the Deeds, (b) the Bills of Sale and Assignment, (c) the documents and instruments to be executed by Seller and Third-Party Transferor, as applicable, as set forth in Section 3.28 below and (d) such other instruments as shall be necessary to convey, assign or grant to Buyer good and marketable title to the Properties, free and clear of all liens, claims and encumbrances (except for Permitted Exceptions). Each party shall execute and deliver such instruments and take such actions as either party may reasonably request in order to effectuate the purposes of this Agreement.
(a) The Deeds shall be sufficient to convey good and indefeasible fee simple title to each Property (other than the Personal Property) to Buyer or its Affiliate(s), and shall be duly executed, acknowledged and in recordable form. The Deeds shall include (if applicable) the appropriate state and/or county real estate transfer tax declaration of real estate value or other affidavit as to the tax due on the Allocated Purchase Price for each Property. The Deeds shall be deemed to include all appurtenances to the Properties conveyed thereby, including all right, title and interest, if any, of the grantor in and to any land lying in the bed of any street adjoining the Properties to the center line thereof, and any existing improvements located on the Properties.
(b) The Bills of Sale and Assignment shall be sufficient to convey good and marketable title to the Personal Property relating to each Property to Buyer or its Affiliate(s) and shall be duly executed. In addition, Seller will execute or obtain and deliver to Buyer or its Affiliate(s) on the Closing Date all other proper instruments for the conveyance of such title to the Personal Property.
(c) [Intentionally Omitted].
(d) Subject to the provisions of this Section 2.3(d), on the Closing Date, Buyer, or its Affiliate(s), as Lessor, and Seller, or its Affiliates, as Lessee, shall enter into the Lease. In addition, Seller, for itself and on behalf of Lessee, authorizes Lessor to file Uniform Commercial Code financing statements and/or fixture filings evidencing Lessor’s ownership of the Personal Property relating to the Properties and security interests in certain other personal property as described in the Lease. Such financing statements and/or fixture filings shall describe with particularity the Personal Propert...
Conveyance. Seller shall convey marketable title to the Real Property by statutory warranty, trustee’s, 437 personal representative’s, or guardian’s deed, as appropriate to the status of Seller, subject only to matters 438 described in STANDARD A and those accepted by Buyer. Personal Property shall, at request of Buyer, be 439 transferred by absolute xxxx of sale with warranty of title, subject only to such matters as may be provided for in this 440 Contract.
Conveyance. Seller represents that they have good, valid and marketable title, in fee simple, and agrees to convey title to Property to Buyer or his nominee by warranty deed free and clear of all liens, encumbrances or special taxes levied or assessed, except No exceptions subject to all building, use restrictions, and covenants now of record.
Conveyance. The Vendor, pursuant to and for the consideration provided for in the Sale Agreement, the receipt and sufficiency of such consideration being hereby acknowledged by the Vendor, hereby sells, assigns, transfers, conveys and sets over to the Purchaser the entire right, title, estate and interest of the Vendor in and to the Assets, to have and to hold the same absolutely together with all benefit and advantage to be derived therefrom and subject to the performance and observance of all obligations and burdens associated therewith.
Conveyance. At closing SELLER shall convey and transfer the Property to BUYER by warranty deed, or other similar acceptable instrument of conveyance, which instrument shall be subject to the exceptions permitted herein, releasing homestead. At the same time the balance of the purchase price then due shall be paid and all documents relative to the transaction shall be signed and delivered.