Conveyance Documentation Clause Samples
The Conveyance Documentation clause outlines the requirements and procedures for preparing and delivering the legal documents necessary to transfer ownership of property or assets from one party to another. Typically, this clause specifies the types of documents to be provided, such as deeds, bills of sale, or assignments, and may set standards for their form, execution, and timing. By clearly defining the documentation process, this clause ensures that the transfer is legally effective and reduces the risk of disputes or delays related to incomplete or improper paperwork.
Conveyance Documentation. Seller shall execute and deliver or cause to be executed and delivered, or has executed and delivered or caused to be executed and delivered, to Buyer (with such acknowledgments required by the circumstances) documents of conveyance which are required to convey to Buyer the Purchased Assets free and clear of all restrictions or conditions to sale, conveyance or transfer and free and clear of all liens, mortgages, pledges, encumbrances, charges, claims, security interests, Taxes, conditions or restrictions of any nature or description whatsoever (“Liens”) (other than those identified on Schedule 3.2(A) hereto, the “Permitted Liens”) and consistent with the other requirements of this Agreement. Except as otherwise expressly provided in this Agreement, the Purchased Assets are being sold “as is, where is” without any express or implied warranties whatsoever. Without limiting the generality of the foregoing, the documents of conveyance shall include the following:
(1) An assignment and assumption agreement (“Assignment and Assumption Agreement”) in form and content substantially as shown on Exhibit A attached hereto pursuant to which, among other things, the Seller conveys and assigns to Buyer all right, title and interest of Seller arising under, provided for in, or governed by any Assigned Contracts (other than the Facilities Lease);
(2) An assignment and assumption agreement (“Assignment of Lease”) in form and content substantially as shown on Exhibit B attached hereto pursuant to which, among other things, the Seller conveys and assigns to Buyer all right, title and interest of Seller arising under, provided for in, or governed by the Facilities Lease, together with which Seller shall deliver a writing signed by the landlord named in the Facilities Lease or other person whose approval or consent is required in connection therewith setting forth, in form and content reasonably acceptable to the Buyer, such person’s consent to said assignment and certifying to the Buyer the date to which rents have been paid under the Facilities Lease, the amount of any security or other deposit held by such person in respect thereto, and the non-existence of any fact, occurrence or circumstance known by such person which would, with or without the giving of notice and/or lapse of time, constitute a default by the Seller under the Facilities Lease;
(3) A ▇▇▇▇ of sale (“▇▇▇▇ of Sale”) in form and content substantially as shown on Exhibit C attached hereto and conveying to Buy...
Conveyance Documentation. The Vendor shall deliver within one (1) month from Closing to the Purchaser all necessary deeds, conveyances, bills of sale, transfers, assignments and any other documents necessary or reasonably required in the opinion of the Purchaser’s counsel to transfer effectively to the Purchaser good and marketable title to the Purchased Assets, free and clear of all Charges, including evidence satisfactory to the Purchaser’s counsel that the Vendor has obtained all Required Consents.
Conveyance Documentation. The Purchaser shall deliver to the Vendor all assignments and any other documents which require execution by the Purchaser, including a share certificate evidencing 25,000 Common Shares.
Conveyance Documentation. Any documentation reasonably required by Buyer to evidence the assignment and conveyance of the Fundamental Assets to the Company.
Conveyance Documentation. Title to the County Interest will be ------------------------ conveyed to MRC as of the effective date of the Purchase and Sale Agreement, which shall be the Effective Date of this Agreement. The conveyance documentation shall be in the same form as that attached hereto as Exhibit "G" incorporated herein by reference and made a part hereof.