Common use of Delivery of Deed Clause in Contracts

Delivery of Deed. Effective upon delivery of the Deed, actual and exclusive possession (subject only to the Permitted Exceptions) and risk of loss to the Property shall pass from Seller to Buyer.

Appears in 9 contracts

Samples: Purchase and Sale Agreement (KBS Legacy Partners Apartment REIT, Inc.), Purchase and Sale Agreement (Omni Financial Services, Inc.), Purchase and Sale Agreement (Prudential Acquisition Fund I Lp)

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Delivery of Deed. Effective upon delivery of the Deed, actual and ---------------- exclusive possession of the Property (subject only to the Permitted Exceptions) and risk of loss to the Property shall pass from Seller Prudential to BuyerREIT OP.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Boston Properties Inc)

Delivery of Deed. Effective upon delivery of the Deed, actual and ---------------- exclusive possession (subject only to the Permitted Exceptions) and risk of loss to the Property shall pass from Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Boston Properties Inc)

Delivery of Deed. Effective upon delivery of the DeedDeed for each Individual Property, actual and exclusive possession (subject only to the rights of tenants under Leases and any Permitted Exceptions, to the extent such Permitted Exceptions include any possessory rights) and risk of loss to the such Individual Property shall pass from the applicable Seller to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Washington Real Estate Investment Trust)

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Delivery of Deed. Effective upon delivery of the Deed, actual and exclusive possession (subject only to the Permitted Exceptions) and risk of loss to the Property shall pass from Seller to Buyer.. ARTICLE 7

Appears in 1 contract

Samples: Purchase and Sale Agreement (Prudential Acquisition Fund I Lp)

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