Conveyance at Closing. At the Close of Escrow, fee simple title to the Property will be conveyed to Buyer by Seller by the Deed, subject only to the Permitted Exceptions.
Conveyance at Closing. At the closing of any purchase pursuant to Section 10.02, the Lessor will, upon receipt of the purchase price, deliver to the Lessee documents conveying to the Lessee title to the Project, as such property then exists, without warranty, subject to the following: (i) those liens and encumbrances (if any) to which title to said property was subject when conveyed to the Lessor; (ii) those liens and encumbrances created by the Lessee or to the creation or suffering of which the Lessee consented; and (iii) those liens and encumbrances resulting from the failure of the Lessee to perform or observe any of the agreements on its part contained in this Agreement.
Conveyance at Closing. Transfer of all of the Interests is to be made by Assignments and at that time the Property shall be subject only to existing zoning ordinances and to any recorded restrictions, covenants and easements applicable to the Property, other recorded encumbrances and the Faw Easement, and subject to any taxes not then due and payable.
Conveyance at Closing. The Real Property shall be conveyed by Seller to Buyer at Closing by a recordable special warranty deed (the "Deed"), subject to (a) the lien of non-delinquent real estate taxes and assessments, (b) the acts and deeds of Buyer, (c) the DDA, the Agency CC&Rs, the Hotel CC&Rs and the Golf Course CC&Rs, (d) the Restaurant CC&Rs and the Mutual Easement Agreement, to the extent provided in Section 4.3(b), (e) matters depicted on the Updated Survey, as approved or deemed to be approved by Buyer pursuant to Section 4.2 and Section 4.3 hereof, and (f) the matters approved or deemed approved by Buyer pursuant to Section 4.2 and Section 4.3 (collectively referred to herein as the "Permitted Exceptions"). The Deed shall also contain the following language: The Grantee herein covenants by and for itself, its heirs, executors, administrators and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of any person or group of persons on account of sex, marital status, race, age, handicap, color, religion, creed, national origin or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Property, and Grantee (itself or any person claiming under or through Grantee) shall not establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees or vendors of the Property or any portion thereof.
Conveyance at Closing. At Closing, Seller shall convey to Buyer good and marketable title to the Real Estate, subject only to the Tenant Leases and those items set forth on Exhibit H attached to this Agreement (the foregoing, collectively the "Permitted Encumbrances") , which title shall be insurable at regular rates by any reputable title insurance company selected by Buyer, under an ALTA Form 1970-B (Revised 10/17/70 and 3/30/84) Owner's Policy of title insurance, in amount not less than the Purchase Price, insuring Buyer as the owner of the fee simple interest in the Property, free and clear of all liens and encumbrances (including, but not limited to, all existing or potential construction liens) except for the Permitted Encumbrances. Such policy shall include assurance by endorsement that (a) all covenants, restrictions, easements and agreements of record are not violated by existing structures or their present use, and a future violation thereof shall not result in a forfeiture or reversion of title, (b) all foundations in place as of the date of such policy are within the lot lines and applicable set back lines, (c) the buildings or structures do not encroach onto adjoining land or onto any easements, and (d) there are no encroachments of improvements from adjoining land onto the Land or any part thereof. Such policy shall also provide Buyer with affirmative insurance against mechanic's liens.
Conveyance at Closing. Transfer of the Property, with all improvements thereon, is to be made by quitclaim xxxx of sale (as to all personal property, if any) and special warranty deed, subject only to existing zoning ordinances and to any recorded restrictions, covenants and easements applicable to the Property, other recorded encumbrances and subject to any taxes not then due and payable. All leases on the Property shall also be assigned by an assignment and assumption of lease agreement, executed by both Seller and Buyer.
Conveyance at Closing. It is the intention of the parties that the Bonds be conveyed to H'TOWN or the Property Entity at closing as elsewhere provided in this Amendment. Buyer agrees to cooperate with Prime Retail, L.P. in its efforts to convey the Bonds by signing documents reasonably requested by the issuer of the Bonds and/or bond counsel (provided same are subject to Buyer's approval which will not be unreasonably withheld or delayed), including certifications that Buyer is a sophisticated investor who is acquiring the Bonds for its own account and not with the intent of re-selling them. Prime Retail, L.P. agrees to use its commercially reasonable efforts prior to closing and its best efforts after closing to obtain the requisite governmental and other approvals required for transfer of the Bonds and to obtain transfer of the Bonds (the "Approvals and Transfers") by the time of closing.
Conveyance at Closing. To effect the transfer referred to in Section 1 hereof, Transferor will, at the Closing, execute and deliver to Transferee:
(a) one or more Deeds, in the form attached hereto as EXHIBIT A, conveying good and marketable fee simple title to the Property to Transferee or its designee;
(b) one or more Bills of Sale and Assignment, in the form attached hereto as EXHIBIT B, conveying all of Transferor's Personal Property included in the Assets;
(c) an Assignment of Leases in the form attached hereto as EXHIBIT C, assigning to Transferee all of Transferor's interest in the Leases with respect to all of the Leases;
(d) all cash and cash equivalents of Transferor;
(e) any and all security deposits held by Transferor in connection with the Leases; and
(f) such other instruments as shall be requested by Transferee to vest in Transferee title in and to the Assets in accordance with the provisions hereof.
Conveyance at Closing. At the Close of Escrow, fee simple title to the Fee Acquisition Parcels, subject to the Easement Agreement for Seller, will be conveyed to Buyer by Seller by the Deed.
Conveyance at Closing
