Common use of DEED AND TITLE Clause in Contracts

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a special or limited warranty deed (or bargain and sale deed, where appropriate) ("Deed"), conveying good and marketable fee simple title to the Property, subject only to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. Further, the title insurance commitment for the Property must contain provision for the endorsements that are reasonably required by Buyer's funding source, which endorsements shall be ordered by Buyer at Buyer's expense. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except those disclosed during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substance reasonablx xxtisfactory to Buyer, without warranty, except as to Seller's title. (b) Seller agrees to provide a copy of its existing title insurance policy to Buyer. Buyer shall then obtain an ALTA Form B Title Insurance Commitment (the "Title Commitment"), within thirty (30) days of the date of

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a special or limited warranty deed (or bargain and sale deed, where appropriate) ("Deed"), conveying good and marketable fee simple title to the Property, subject only to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. Further, the title insurance commitment for the Property must contain provision for the endorsements that are reasonably required by Buyer's funding source, which endorsements shall be ordered by Buyer at Buyer's expense. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except those disclosed during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substance reasonablx xxtisfactory reasonably satisfactory to Buyer, without wxxxxut warranty, except as to Seller's title. (b) Seller agrees to provide a copy of its existing title insurance policy to Buyer. Buyer shall then obtain an ALTA Form B Title Insurance Commitment (the "Title Commitment"), within thirty (30) days of the date of

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a special or limited warranty deed (or bargain and sale deed, where appropriate) ("Deed"), conveying good and marketable fee simple title to the Property, subject only to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. Further, the title insurance commitment for the Property must contain provision for the endorsements that are reasonably required by Buyer's funding source, which endorsements shall be ordered by Buyer at Buyer's expense. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except those disclosed during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substance reasonablx xxtisfactory to Buyer, without warranty, except as to Seller's title. (b) Seller agrees to provide a copy of its existing title insurance policy to Buyer. Buyer shall then obtain an ALTA Form B Title Insurance Commitment (the "Title Commitment"), within thirty (30) days of the date ofInsurance

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a special or limited warranty deed (or bargain and sale deed, where appropriate) ("Deed"), conveying good and marketable fee simple title to the Property, subject only to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. Further, the title insurance commitment for the Property must contain provision for the endorsements that are reasonably required by Buyer's funding source, which endorsements shall be ordered by Buyer at Buyer's expense. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except those disclosed during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substance reasonablx xxtisfactory reasonably satisfactory to BuyerBuxxx, without warranty, except as to Seller's title. (b) Seller agrees to provide a copy of its existing title insurance policy to Buyer. Buyer shall then obtain an ALTA Form B Title Insurance Commitment (the "Title Commitment"), within thirty (30) days of the date ofInsurance