Common use of Deeds Clause in Contracts

Deeds. The deeds pursuant to which each Seller shall convey to Buyer all of such Seller’s right, title and interest in and to the Land and Hotel which such Seller owns free and clear of all encumbrances save and except for the Permitted Exceptions relating to such Land and Hotels. Such Deeds shall be by special warranty deeds in the form as is customary for commercial transactions in the jurisdiction in which each Hotel is located.

Deeds. The deeds pursuant to which each Seller shall convey to Buyer all of such Seller’s right, title and interest in and to the Land and Hotel which such Seller owns free and clear of all encumbrances save and except for the Permitted Exceptions relating to such Land and HotelsHotel. Such Deeds shall be by special warranty deeds deed (in the form case of the Land and Hotel located in South Carolina) and by grant deeds (in the case of the Land and Hotels located in California) having limited warranty-type covenants and in the forms as is are customary for commercial transactions in the jurisdiction in which each Hotel is located.

Deeds. The deeds pursuant to which each Seller shall convey to Buyer all of such Seller’s 's right, title and interest in and to the Land and Hotel which such Seller owns free and clear of all encumbrances save and except for the Permitted Exceptions relating to such Land and Hotels. Such Deeds shall be by special warranty deeds in the form as is customary for commercial transactions in the jurisdiction in which each Hotel is located.

Deeds. The deeds pursuant to which each Seller shall convey to Buyer all of such Seller’s right, title and interest in and to the Land and Hotel which such Seller owns owns, free and clear of all encumbrances save and except for the Permitted Exceptions relating to such Land and Hotels. Such Deeds shall be by special warranty deeds in the form as is customary for commercial transactions in the jurisdiction in which each Hotel is located.