Escrow of Deed and Xxxx of Sale Sample Clauses

Escrow of Deed and Xxxx of Sale. Contemporaneously with the execution of this Lease, Landlord has delivered to Alamo Title Company, 000 X. Xxxxx, Xxx Xxxxxxx, Xxxxx 00000 (Xxxxx Xxxxxx) as escrow agent (“Escrow Agent”) a Special Warranty Deed and Assignment and Xxxx of Sale (“Xxxx of Sale”) in the forms attached hereto as Exhibit E-1 and Exhibit E-2 fully executed by Landlord conveying the Leased Premises to Tenant, which Special Warranty Deed and Xxxx of Sale are to be held in escrow by Escrow Agent in accordance with this paragraph 6(d)(3). Upon receipt or deemed receipt by Escrow Agent of the Purchase Option Notice and the sum of $1.00, Escrow Agent shall release from escrow the Special Warranty Deed and Xxxx of Sale, insert in the appropriate spaces on the Special Warranty Deed and Xxxx of Sale the date of release from escrow as the effective date of such documents, record the Special Warranty Deed in the Official Public Records of Real Property of Bexar County, Texas, deliver the Xxxx of Sale to Tenant, and disburse the $1.00 payment to Landlord, whereupon this Lease shall terminate and neither Landlord or Tenant shall have any further obligations hereunder with respect to matters arising or attributable to the period following such termination. It is understood and agreed that such Special Warranty Deed shall be delivered subject to all matters of record as of the date of this Lease that constitute Permitted Exceptions and all future matters of record that are created by, through or under Tenant or consented to by Tenant.
AutoNDA by SimpleDocs

Related to Escrow of Deed and Xxxx of Sale

  • Bxxx of Sale The Bxxx of Sale covering the Personal Property, in the form attached hereto as Exhibit D.

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • Xxxx of Sale The Xxxx of Sale, duly executed by Purchaser; and

  • ASSIGNMENT AND XXXX OF SALE This ASSIGNMENT AND XXXX OF SALE is made, delivered and effective as of March 9, 2021, by Xxxx Wealth, Inc., a Delaware corporation (the “Transferor”), in favor of Series Gallery Drop 084, a Series of Xxxx Gallery LLC, a Delaware series limited liability company (the “Transferee”).

  • Amendment of Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • General Assignment A general assignment by Tenant for the benefit of creditors;

  • Xxxxxx Agreement Xxxx Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreement, written or oral, with respect thereto.

  • Enforcement of Due-On-Sale Clauses; Assumption Agreements (a) Except as otherwise provided in this Section, when any property subject to a Mortgage has been conveyed by the Mortgagor, the Master Servicer shall to the extent that it has knowledge of such conveyance, enforce any due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under applicable law and governmental regulations, but only to the extent that such enforcement will not adversely affect or jeopardize coverage under any Required Insurance Policy. Notwithstanding the foregoing, the Master Servicer is not required to exercise such rights with respect to a Mortgage Loan if the Person to whom the related Mortgaged Property has been conveyed or is proposed to be conveyed satisfies the terms and conditions contained in the Mortgage Note and Mortgage related thereto and the consent of the mortgagee under such Mortgage Note or Mortgage is not otherwise so required under such Mortgage Note or Mortgage as a condition to such transfer. In the event that the Master Servicer is prohibited by law from enforcing any such due-on-sale clause, or if coverage under any Required Insurance Policy would be adversely affected, or if nonenforcement is otherwise permitted hereunder, the Master Servicer is authorized, subject to Section 3.10(b), to take or enter into an assumption and modification agreement from or with the person to whom such property has been or is about to be conveyed, pursuant to which such person becomes liable under the Mortgage Note and, unless prohibited by applicable state law, the Mortgagor remains liable thereon, provided that the Mortgage Loan shall continue to be covered (if so covered before the Master Servicer enters such agreement) by the applicable Required Insurance Policies. The Master Servicer, subject to Section 3.10(b), is also authorized with the prior approval of the insurers under any Required Insurance Policies to enter into a substitution of liability agreement with such Person, pursuant to which the original Mortgagor is released from liability and such Person is substituted as Mortgagor and becomes liable under the Mortgage Note. Notwithstanding the foregoing, the Master Servicer shall not be deemed to be in default under this Section by reason of any transfer or assumption which the Master Servicer reasonably believes it is restricted by law from preventing, for any reason whatsoever.

  • Terms of Sale The Purchase Price for all Partnership Interests purchased pursuant to Section 8.5 or Section 8.6 shall be paid at the Closing in immediately available United States funds; provided, however:

  • Amended and Restated Agreement and Declaration of Trust A copy of the Amended and Restated Agreement and Declaration of Trust for the Trust is on file with the Secretary of the Commonwealth of Massachusetts. The Amended and Restated Agreement and Declaration of Trust has been executed on behalf of the Trust by Trustees of the Trust in their capacity as Trustees of the Trust and not individually. The obligations of this Agreement shall be binding upon the assets and property of the Trust and shall not be binding upon any Trustee, officer, or shareholder of the Trust individually.

Time is Money Join Law Insider Premium to draft better contracts faster.