Land Conveyance Sample Clauses

Land Conveyance i. The University conveys 80 acres to the City for its flood mitigation project and open space.
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Land Conveyance. In accordance with and subject to the terms and conditions set forth in this Agreement and the Development Agreement, City agrees to convey the Land to Developer, and Developer agrees to acquire the Land from City, for $675,000 (six hundred seventy-five thousand dollars) (the “Purchase Price”). The Parties agree that the Purchase Price shall be paid solely using transient occupancy tax revenue generated by the Lodge Project pursuant to Article IV of the Development Agreement and that Developer has no obligation to pay the Purchase Price.
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Land Conveyance. At the end of the initial Term or sooner, parties shall determine the terms of conveyance of the Lease Property or initiate a Term Renewal.
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Land Conveyance. In exchange for the agreements of the Tribe set forth in this Agreement, GCI-LLC and Lakes agree to convey to the Tribe contemporaneously with the occurrence of the Effective Date all real property owned by such entities, if any, and located adjacent to the Facility. Such conveyance shall be made at the sole expense of the Tribe and on an "AS-IS" "WHERE-IS" basis, without any representations or warranties whatsoever. GCI-LLC and Lakes shall pay in full and shall hold the Tribe forever free and harmless from the payment of any amount (including the Tribe's reasonable attorneys' fees incurred in the defense of any claim made against the Tribe) with respect to unpaid amounts owed on that certain Cash Sale filed on December 29, 1992 at Entry No. 92-9253 of the records of the office of the Clerk of Court for Avoyelles Parish.
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Land Conveyance. If the Treatment Facility is located on the Agricultural Land, Agricultural Land Owner shall convey to Urban Land Owner (or the Sewer Company) by limited warranty deed a reasonable amount of land in the Agricultural Land Owner-designated buffer zone as may be required for the construction, operation and maintenance of the Treatment Facility, together with such associated easements, licenses or rights-of-way as may be reasonably necessary for sewer and utility lines and maintenance and access requirements, all at a consideration equal to the customary costs and expenses of documenting and recording such conveyance.
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Related to Land Conveyance

  • Purchase and Conveyance The Seller, in exchange for the payment of the applicable Purchase Price by the Purchaser on the related Closing Date, receipt of which is hereby acknowledged, hereby sells, transfers, assigns, sets over and conveys to the Purchaser, without recourse, but subject to the terms of this Agreement, all of its rights, title and interest in and to the Mortgage Loans, including the related Mortgage Note and Mortgages, in a Mortgage Loan Package having a Stated Principal Balance in an amount as set forth in the related PPTL, or in such other amount as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loan Package accepted by the Purchaser on the related Closing Date, together with the related Mortgage Files and all rights and obligations arising under the documents contained therein, on a servicing released basis. With respect to each Mortgage Loan, the Purchaser shall own and be entitled to (1) all Monthly Payments due after the related Cut-off Date, (2) all other recoveries of principal collected after the related Cut-off Date (provided, however, that the principal portion of all Monthly Payments due on or before the related Cut-off Date and collected by the Seller or any successor servicer after the related Cut-off Date shall belong to the Seller), and (3) all payments of interest on the Mortgage Loans (minus that portion of any such payment which is allocable to the period prior to the related Cut-off Date). The Stated Principal Balance of each Mortgage Loan as of the related Cut-off Date is determined after application of payments of principal due on or before the related Cut-off Date whether or not collected, together with any unscheduled Principal Prepayments collected prior to the related Cut-off Date; provided, however, that Monthly Payments for a Due Date beyond the Cut-off Date shall not be applied to reduce the principal balance. Such Monthly Payments shall be the property of the Purchaser. If the Servicing Transfer Date has not yet occurred, the Seller shall remit any such Monthly Payments to the Purchaser on the Remittance Date following collection thereof. If the Servicing Transfer Date has occurred, the Seller shall remit any such Monthly Payments to the Purchaser in accordance with the Servicing Transfer Instructions.

  • Assignment and Conveyance 1. The Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee all of the right, title and interest of the Assignor, as purchaser, in, to and under (a) those certain Mortgage Loans listed on the schedule (the "Mortgage Loan Schedule") attached hereto as Exhibit A (the "Mortgage Loans") and (b) except as described below, that certain Mortgage Loan Purchase Agreement (the "Purchase Agreement"), dated as of [DATE], between the Assignor, as purchaser (the "Purchaser"), and the Company, as seller, solely insofar as the Purchase Agreement relates to the Mortgage Loans. The Assignor specifically reserves and does not assign to the Assignee hereunder (i) any and all right, title and interest in, to and under and any obligations of the Assignor with respect to any mortgage loans subject to the Purchase Agreement which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and are not the subject of this Agreement or (ii) the rights of the Purchaser under Section 9.04 of the Purchase Agreement. Recognition of the Company

  • Closing and Conveyance Upon approval of Seller’s title as disclosed by the title commitment subject to paragraph 3 hereof, Buyer shall thereupon pay the balance of the agreed purchase consideration to the Seller and Seller shall thereupon execute and deliver to Buyer, a recordable Trustee’s Deed to the Real Estate in accordance with the statutes of the State of Illinois. Buyer shall be entitled to a credit against the purchase price for the amount of the real estate transfer tax obligation of Seller and thereafter assume and pay the same upon recording the deed. Said deed shall be subject to the exceptions set forth in Paragraph 3. Seller and Buyer also agree to execute such documents as may legally be required by the Recorder of Deeds, other official or agency with respect to the consideration and description of the property. If Buyer should designate the Real Estate as “replacement property” in an Internal Revenue Code Section 1031 exchange, Seller agrees to execute any such additional documents as may be required by the Internal Revenue Code or customary in such transactions, and Buyer shall pay all additional title insurance company fees and costs, and any actual additional costs incurred by Seller to accommodate Buyer’s Section 1031 exchange. Closing shall take place at Xxxxxxxxxx County Abstract Company, Pontiac, Illinois, and not later than October 13, 2021.

  • Conveyance Upon performance by the Buyer of the closing obligations specified herein, the Seller shall convey marketable title of the Property to the Buyer by the deed mentioned in Section VIII, including, but not limited to, oil, gas, and other mineral rights, subject only to building and use restrictions, easements, and restrictions of record, if any.

  • Instruments of Conveyance and Transfer As soon as practicable after the Closing, SELLER shall deliver a certificate or certificates representing the Shares of SELLER to PURCHASER sufficient to transfer all right, title and interest in the Shares to PURCHASER.

  • Consolidation Merger Sale Conveyance and Lease SECTION 10.01. Company May Consolidate, etc.,

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