Deed; Affidavit Sample Clauses

Deed; Affidavit. At each Facility Closing, Seller shall convey the Land comprising a part of such Facility, together with any easements appurtenant thereto and any Improvements thereon, to Purchaser using the form of deed used in the jurisdiction in which the Facility is located that limits the warranties of title therein contained to matters arising by, through or under the grantor thereunder (the "Limited Warranty Deed"), subject only to the Permitted Title Exceptions and using a legal description based upon the Survey and approved by Title Company. The Limited Warranty Deed shall be accompanied by a completed and executed transfer tax affidavit or similar instrument in the prescribed form and if permissible under applicable law Purchaser agrees to execute same. Seller shall also execute and deliver an owner's affidavit limited to Seller's knowledge and relating only to matters arising by, through or under Seller in the form prescribed by Title Company and reasonably acceptable to Seller to enable Title Company to endorse over or delete the exceptions from the Title Policy related to Seller for mechanics', materialmen's and other similar liens, rights of parties in possession under unrecorded leases (other than the applicable Residents at a Facility), and the other standard exceptions.
Sample 1
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Deed; Affidavit. At the Closing, Seller shall convey the Land comprising a part of each Facility, together with any easements appurtenant thereto and any Improvements thereon, to Purchaser using the form of deed used in Wisconsin that limits the warranties of title therein contained to matters arising by, through or under the grantor thereunder (each such deed to be delivered hereunder shall be collectively referred to herein as the "Limited Warranty Deeds"), subject only to the Permitted Title Exceptions. The Limited Warranty Deeds shall be accompanied by completed and executed transfer tax affidavits or similar instruments in the prescribed forms and, if permissible or required under applicable law, Purchaser agrees to execute the same. Seller shall also execute and deliver, with respect to each Facility, an owner's affidavit limited to Seller's knowledge and relating only to matters arising directly by action (or omission) of Seller (or any of its affiliates) in any form reasonably requested by Title Company and reasonably acceptable to Seller to enable Title Company to endorse over or delete the exceptions from the Title Policies related to Seller for mechanics', materialmen's and other similar liens, rights of parties in possession under unrecorded leases (other than the applicable Residents at each Facility). The foregoing obligation of Seller is conditioned upon Seller's receipt of copies of the commitments for the Title Policies and copies of any title exceptions referenced therein requested by Seller.
Sample 1
Deed; Affidavit. At each Residence Closing, Seller shall convey the Land comprising a part of such Operating Residence, together with any easements appurtenant thereto and any Improvements thereon, to Purchaser by Limited Warranty Deed subject only to the Permitted Title Exceptions and using a legal description based upon the Survey and approved by Title Company. The Limited Warranty Deed shall be accompanied by a completed and executed transfer tax or similar instrument in the prescribed form. Seller shall also execute and deliver an owner's affidavit in the form prescribed by Title Company and reasonably acceptable to Seller to enable Title Company to endorse over or delete the exceptions from the Title Policy for mechanics', materialmen's and other similar liens, rights of parties in possession under unrecorded leases (other than the applicable Residents), and the other standard exceptions.
Sample 1
Deed; Affidavit. At each Residence Closing, Seller shall convey the Land comprising a part of such Construction Residence, together with any easements appurtenant thereto and any Improvements thereon, to Purchaser by Limited Warranty Deed subject only to the Permitted Title Exceptions and using a legal description based upon the Survey and approved by Title Company. The Limited Warranty Deed shall be accompanied by a completed and executed transfer tax or similar instrument in the prescribed form. Seller shall also execute and deliver an owner's affidavit in the form prescribed by Title Company and reasonably acceptable to Seller to enable Title Company to endorse over or delete the exceptions from the Title Policy for mechanics', materialmen's and other similar liens, rights of parties in possession under unrecorded leases (other than the applicable Residents), and the other standard exceptions. If required by Title Company, Seller shall also obtain any lien waivers or lien releases required by Title Company to so endorse.
Sample 1

Related to Deed; Affidavit

  • Seller’s Affidavit A customary seller's affidavit in the form ------------------ required by the Title Company;

  • Owner’s Affidavit The Owner’s Affidavit materials referred to in Section 13(d) above.

  • FIRPTA Affidavit A non-foreign affidavit, properly executed and in recordable form, containing such information as is required by IRC Section 1445(b)(2) and its regulations.

  • Non-Foreign Affidavit The Transferor Partners shall execute and deliver to the BRI Partnership and the BRI Partnership's counsel, at Closing such evidence as may be reasonably required by the BRI Partnership to show compliance by the Transferor Partners with the Foreign Investment and Real Property Tax Act, Internal Revenue Code Section 1445(b)(2), as amended.

  • Affidavit An affidavit in the form required by the Escrow Agent to remove any standard exceptions from the Title Policy, including mechanics’ liens, parties in possession and similar matters, together with a GAP Indemnity.

  • The Assignment On or prior to the Purchase Date, World Omni will execute and deliver the RPA Assignment.

  • Title Affidavits Such affidavits as the Title Insurer may reasonably require in order to omit from its title insurance policy all exceptions for (i) parties in possession other than under the rights to possession granted under the Leases, (ii) mechanics’ liens, and (iii) in the event Buyer elects to purchase a non-imputation endorsement or a “Fairways” endorsement, any affidavits reasonably required by the title company to issue such endorsements.

  • Lease Assignment To the best of Seller's knowledge, the ------------------ Tenant has not assigned its interest in the Lease or sublet any portion of the premises leased to the Tenant under the Lease.

  • FIRPTA Seller is not a foreign corporation, foreign partnership, foreign trust or foreign estate (as those items are defined in the Internal Revenue Code and Income Tax Regulations).

  • Seller's Consent to Assignment The Seller hereby acknowledges the Purchaser's right to assign, transfer and convey all of the Purchaser's rights under this Agreement to a third party and that the representations and warranties made by the Seller to the Purchaser pursuant to this Agreement will, in the case of such assignment, transfer and conveyance, be for the benefit of such third party. The Seller hereby consents to such assignment, transfer and conveyance.

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