Common use of EDA’s Documents Clause in Contracts

EDA’s Documents. At the Option Closing, the EDA shall execute, where appropriate, and deliver all of the following “EDA’s Documents”: (a) The Deed, in substantially the form as Exhibit C attached hereto, properly executed on behalf of the EDA conveying the Development Property to the Developer, together with any other documents reasonably required to be delivered by the EDA. (b) Abstracts of title, if any, in the EDA’s possession to any portion of the Development Property which is abstract property, and any owner’s duplicate certificate of title to any portion thereof which is registered property. The EDA has no obligation to have any abstracts updated. (c) An affidavit of EDA regarding liens, judgments, tax liens, bankruptcies, parties in possession, survey and mechanics’ or materialmen’s liens and other matters affecting title to the Development Property and/or as may be reasonably required by Title Company to delete the so-called “standard exceptions” from the title insurance policy. (d) A transferor’s certification stating that EDA is not a “foreign person”, “foreign partnership”, “foreign trust” or “foreign estate” as those terms are defined in Section 1445 of the Internal Revenue Code, and containing such additional information as may be required thereunder. (e) A settlement statement consistent with this Agreement. (f) Such other documents as shall be required to carry out the intent of this Agreement.

Appears in 2 contracts

Samples: Purchase and Development Agreement, Purchase and Development Agreement

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EDA’s Documents. At the Option Closing, the EDA shall execute, where appropriate, and deliver all of the following “EDA’s Documents”: (a) The Deed, in substantially the form as Exhibit C F attached hereto, properly executed on behalf of the EDA conveying the Development Property to the Developer, together with any other documents reasonably required to be delivered by the EDA. (b) Abstracts of title, if any, in the EDA’s possession to any portion of the Development Property which is abstract property, and any owner’s duplicate certificate of title to any portion thereof which is registered property. The EDA has no obligation to have any abstracts updated. (c) An affidavit of EDA regarding liens, judgments, tax liens, bankruptcies, parties in possession, survey and mechanics’ or materialmen’s liens and other matters affecting title to the Development Property and/or as may be reasonably required by Title Company to delete the so-called “standard exceptions” from the title insurance policy. (d) A transferor’s certification stating that EDA is not a “foreign person”, “foreign partnership”, “foreign trust” or “foreign estate” as those terms are defined in Section 1445 of the Internal Revenue Code, and containing such additional information as may be required thereunder. (e) A settlement statement consistent with this Agreement. (f) The Assessment Agreement. (g) Such other documents as shall be required to carry out the intent of this Agreement.

Appears in 1 contract

Samples: Purchase and Development Agreement

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EDA’s Documents. At the Option Closing, the EDA shall execute, where appropriate, and deliver all of the following “EDA’s Documents”: (a) The Deed, in substantially the form as Exhibit C F attached hereto, properly executed on behalf of the EDA conveying the Development EDA Property to the Developer, together with any other documents reasonably required to be delivered by the EDA. (b) Abstracts of title, if any, in the EDA’s possession to any portion of the Development EDA Property which is abstract property, and any owner’s duplicate certificate of title to any portion thereof which is registered property. The EDA has no obligation to have any abstracts updated. (c) An affidavit of EDA regarding liens, judgments, tax liens, bankruptcies, parties in possession, survey and mechanics’ or materialmen’s liens and other matters affecting title to the Development EDA Property and/or as may be reasonably required by Title Company to delete the so-called “standard exceptions” from the title insurance policy. (d) A transferor’s certification stating that EDA is not a “foreign person”, “foreign partnership”, “foreign trust” or “foreign estate” as those terms are defined in Section 1445 of the Internal Revenue Code, and containing such additional information as may be required thereunder. (e) A settlement statement consistent with this Agreement. (f) The Assessment Agreement. (g) Such other documents as shall be required to carry out the intent of this Agreement.

Appears in 1 contract

Samples: Purchase and Development Agreement

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